HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
961 sq m
FAR sanctioned
2.82
Covered area
708 sq m
Open area
253 sq m

Timeline

Project startedJan 2020
RERA registeredFeb 2020
Proposed completionDec 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Vastu Sidhi Promoter and Developer

BelagaviBased in
1Projects
1City
2020–2022Active
Timelineevery project, start → promised completion
Vastu Floor

Vastu Floor

this project
Residential/Group Housing
Jan 2020started
Dec 2022target completion
₹9.00 Cr

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
Belagavi
District
Belagavi
Pincode
590006
Address
R S No. 190/3/1, Plot No. 75, Hindalga
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 287m away · 3 clinics within 1km · Doctor's clinic within 1km
LifestylePark 876m away
ShoppingNo supermarket within 2km · Bank 610m away
Getting around
Expressway 3.1 km · Belgaum - Panaji HighwayPrimary road 422 m · Vengurla Belgaum RoadRailway line 3.9 kmRailway station 3.9km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.00 Cr declared. What that works out to:

33%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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
Building Permit

The promised possession date (31 Dec 2022) 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

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects — 2.4% of Karnataka.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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

1 complaint on RERA Karnataka’s register for this project — 2 disposed.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.