HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
128 units
Unit mix
88 × 2 BHK · 32 × 3 BHK · 8 × 1 BHK
Towers
2
Floors
8
Land area
6,930 sq m
Built-up area
19,009 sq m
FAR sanctioned
1.9
Covered area
2,094 sq m
Open area
4,836 sq m
Land parcels
2 survey nos

Timeline

Project startedJul 2023
RERA registeredAug 2023
Proposed completionDec 2029
TodayJul 2026

Find your flat

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

128 units across 3 batches
TypeArea sq mCount
2 BHK7188
3 BHK9632
1 BHK408

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

VENKATA LAXMI BUILDERS PRIVATE LIMITED

CompanyPromoter type
UdupiBased in
3Projects
2Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
248 homeson the public record across 3 projects
33,825 sq mbuilt-up filed
14,250 sq mland declared
₹114.42 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
Kundapura
District
Udupi
Pincode
576257
Address
PROPOSED CONSTRUCTION OF RESIDENTIAL APARTMENT BUILDING IN , S.N 3/17, 3/18 AT KUMBASHI VILLAGE IN KUNDAPUR TALUK UDUPI , Kundapura , Udupi, Karnataka - 576257
North boundary
13°34'19.15"N
East boundary
13°34'20.14"N
South boundary
74°41'55.13"E
West boundary
74°42'0.64"E
What’s nearby
Schools2 schools within 500m
HealthcareNearest hospital 2.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 176 mPrimary road 4.5 km · Kundapura-Shimoga RoadRailway line 4.0 km · Konkan RailwayNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 2.1 km · Temple PondRiver 5.0 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹58.36 Cr declared to build 128 flats. What that works out to:

₹45.59 Lakhdeclared cost per flatall-in — land + construction
₹2,852/sq ftof built-up area₹30,702/sq m
11%of the cost is land₹853/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 28 Apr 2023 · 3 yrs ago
Building Permit no. 08/2023-24Survey no. 3/17
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 08/2023-24 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.