HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
2
Land area
3,074 sq m
FAR sanctioned
1.5
Covered area
4,522 sq m
Open area
1,447 sq m
Garage area
1,383 sq m

Timeline

Project startedMay 2015
RERA registeredDec 2017
Proposed completionDec 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

V S BUILDERS

UdupiBased in
1Projects
1City
2017–2019Active
Timelineevery project, start → promised completion
VIVA MARINA

VIVA MARINA

this project
Mixed Development
May 2015started
Dec 2019target completion
₹28.00 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
Udupi
District
Bengaluru Urban
Pincode
560092
Address
ADI UDUPI, AMBALAPADY VILLAGE , UDUPI DIST
What’s nearby
Schools1 school within 500m · 9 educational institutions within 1km · College or university 985m away
HealthcareHospital 417m away · 12 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Playground within 500m · Gym or sports centre 386m away
ShoppingSupermarket 269m away · Mall 1.9km away · Convenience store within 500m
Getting around
Expressway 3.0 km · Outer ring roadPrimary road 553 m · Suranjandas RoadRailway line 2.3 kmMetro station 1.9km away (Indiranagar)6 bus stops within 500m
Price analysisdeclared build cost — not a sale price

₹28.00 Cr declared. What that works out to:

29%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

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 2019) 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

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects — 1.5% of Karnataka.

an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.