HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Plots
239 plots
Land parcels
6 survey nos

Timeline

Project startedSep 2021
RERA registeredJun 2022
Proposed completionDec 2023
TodayJul 2026

Find your plot

Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeTotal sq m
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Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Karnataka · Promoter registration

M/s VISMAYA DEVELOPERS

Partnership FirmPromoter type
MysoreBased in
1Projects
1City
2022–2023Active
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
MYSORE
District
Mysore
Pincode
571130
Address
Sy.No.5/2,5/4,22,23,24-4 & 24-5 of Maidanahalli Village, , YelawalaHobli, Mysore Taluk, Mysore , MYSORE , Mysore, Karnataka - 571130
What’s nearby
SchoolsNearest school 1.7km away
HealthcareNearest hospital 2.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.8 km · Hunasur RoadPrimary road 109 mRailway line 3.6 kmRailway station 3.9km away (Krishnarajasagara)Limited bus connectivity nearby
Water & environment
Water body 532 mCanal 4.1 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
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

₹31.99 Cr declared to build 239 plots. What that works out to:

₹13.38 Lakhdeclared cost per plotall-in — land + construction
46%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

Mysuru Urban Development Authority

Urban Development Authority
approved 7 May 2021 · 5 yrs ago
Layout Permit no. 08/2021-22/63Survey no. 05-02

The promised possession date (6 Dec 2023) 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.

Verify it yourself — look up plan 08/2021-22/63 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projectsabout 1 in 20 in Karnataka.

a plotted-layout market14% apartments · 86% plotted layouts. Your plotted layout is this body's core business.

Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% 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.