HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
498 sq m
FAR sanctioned
1.08
Covered area
159 sq m
Open area
339 sq m

Timeline

Project startedJul 2021
RERA registeredAug 2021
Proposed completionDec 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

V FOUR DEVELOPERS

UdupiBased in
3Projects
1City
2021–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
29 plotson the public record across 3 projects
498 sq mland declared
₹6.23 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Udupi
District
Udupi
Pincode
574118
Address
PLAN SHOWING THE PROPOSED CONSTRUCTION OF COMMERCIAL AND RESIDENTIAL BUILDING &, IN S.N43/2A1 OF 76 BADAGABETTU VILLAGE, UDUPI TALUK AND DISTRICT
What’s nearby
SchoolsNearest school 1.8km away · College or university 1.7km away
HealthcareNearest hospital 3.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.8 km · Malpe - Manipal RoadPrimary road 1.8 kmRailway line 2.1 km · Konkan RailwayRailway station 2.4km away (Udupi)Limited bus connectivity nearby
Water & environment
River 2.1 km · Patla ToduWater body 2.2 km · Manipal Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.47 Cr declared. What that works out to:

21%of the cost is land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Karnataka · Approved building plan

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 2024) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

The approving body, at scale

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects1.5% of Karnataka.

an apartments market87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% apartments here vs 62% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.