HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
13 units
Unit mix
6 × 3 BHK · 4 × Commercial · 3 × 2 BHK
Towers
2
Floors
3
Land area
1,034 sq m
Built-up area
1,365 sq m
FAR sanctioned
1.32
Covered area
486 sq m
Open area
548 sq m

Timeline

Project startedAug 2023
RERA registeredJan 2024
Proposed completionJul 2026
TodayJul 2026

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

13 units across 3 batches
TypeArea sq mCount
3 BHK1016
2 BHK753
Commercial774

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

VAIVIDYA LIFESPACES PRIVATE LIMITED

CompanyPromoter type
Uttara KannadaBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. 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
Sirsi
District
Uttara Kannada
Pincode
581401
Address
VAIVIDYA ANUGRAHA , C P BAZAR ROAD, SIRSI , Sirsi , Uttara Kannada, Karnataka - 581401
North boundary
Storm Water Drain
East boundary
28-1-10-162
South boundary
C P Bazar Main Road
West boundary
28-1-10-166
What’s nearby
Schools1 school within 500m · College or university 414m away
HealthcareHospital 210m away · 7 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Convenience store within 1km · Bank 68m away
Getting around
Expressway 492 m · Adikavi Pampa RoadPrimary road 205 m · Poornachandra Tejaswi roadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 354 m · Bhuvaneshwari devikereRiver 3.8 km · Shalmala
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.83 Cr declared to build 13 flats. What that works out to:

₹67.89 Lakhdeclared cost per flatall-in — land + construction
₹6,007/sq ftof built-up area₹64,659/sq m
10%of the cost is land₹832/sq ft of 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

Local Planning Authority

Town & Country Planning (DTCP)
approved 23 Aug 2022 · 3 yrs ago
Building Permit no. SRS-BL1-2022-23
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.

Verify it yourself — look up plan SRS-BL1-2022-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% plots here vs 38% 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.