HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
897 sq m
FAR sanctioned
2.74
Covered area
662 sq m
Open area
235 sq m

Timeline

Project startedOct 2018
RERA registeredFeb 2019
Proposed completionDec 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Vinay Developers And Builders

BelagaviBased in
1Projects
1City
2019–2021Active
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
Belagavi
District
Belagavi
Address
Plot No: 16, 17, 18,19,20,21, out of Sy. No :68/3E, Saraswati Nagar, Benkanhalli, Belagavi
What’s nearby
SchoolsNearest school 1.4km away
HealthcareHospital 563m away · 4 clinics within 1km
LifestylePark 841m away
ShoppingNo supermarket within 2km · Bank 654m away · ATM within 500m
Getting around
Expressway 2.8 km · Congress RoadPrimary road 934 m · Vengurla Belgaum RoadRailway line 3.3 kmRailway station 3.3km 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

₹4.63 Cr declared. What that works out to:

28%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

Belagavi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 2021) 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

Belagavi Urban Development Authority

Urban Development Authority

Has approved 116 RERA projects1.3% of Karnataka.

an apartments market82% apartments · 18% plotted layouts. Apartments like yours are this body's core business.

Builders
98
On record
3,214 flats · 392 plots
Reach
8 taluks
Since
2017

More apartment-heavy than Karnataka overall — 82% 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.