HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
836 sq m
FAR sanctioned
2.5
Covered area
515 sq m
Open area
321 sq m

Timeline

Project startedNov 2019
RERA registeredFeb 2020
Proposed completionDec 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Vastusiddhi Buildcon Pvt Ltd.

BelagaviBased in
2Projects
1City
2020–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
1,235 sq mland declared
₹8.91 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
Belagavi
District
Belagavi
Pincode
590011
Address
CTS No. 364, Nehru Road, Tilakwadi
What’s nearby
Schools1 school within 500m · College or university 807m away
HealthcareHospital 286m away · 3 clinics within 1km · Doctor's clinic within 1km
LifestylePark 1.4km away · 9 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 556m away · Mall 1.4km away · Convenience store within 1km
Getting around
Expressway 291 m · Congress RoadPrimary road 582 m · Atal Bihari Vajpayee MargRailway line 398 mRailway station 1.9km away (Belagavi)Bus stop within 1km
Water & environment
Water body 773 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.50 Cr declared. What that works out to:

31%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 projects2.4% of Karnataka.

an apartments market100% 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

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.