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NISHIGANDHA RESIDENCY
RG-KA-98873 · RERA PRM/KA/RERA/1249/447/PR/101122/005441 · Last updated on RERA Karnataka portal: 9 Nov 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
NISHIGANDHA RESIDENCY is a Residential/Group Housing project by M/S. HORIZON GROUPS in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/101122/005441 on 10 Nov 2022. Possession is promised by 31 Mar 2026.
At a glance
Project
- NameNISHIGANDHA RESIDENCY
- TypeResidential/Group Housing
- Location
- Belagavi
- 590006
- Pincode590006
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1249/447/PR/101122/005441
- ReraGenie IDRG-KA-98873
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on10 Nov 2022
- Promised completion31 Mar 2026
- Revised completionNone
- Buildings1 building record
- Documents filed95 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| NISHIGANDHA RESIDENCY | - | - | - | 18 | 0 | 18 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 9 Nov 2022, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | Not applicable |
Progress on shared amenities40
As on 9 Nov 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | No | Not applicable |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Piped Gas | No | Not applicable |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | Yes | - |
| Outer Wall | Yes | - |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not applicable |
Land and ownership1
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| M/S HORIZON GROUP | - | - |
Project account and cost
70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 1.80 cr | - |
| On-site expenditure-Consultants Fees | Rs 1.00 lakh | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | SHRIDHAR INAMDAHR |
| Engineer | VINAY BEHERE |
| Chartered Accountant | SHRIPAD V KAROSHI |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed95
As listed on the registration, under the names the promoter filed them with; the newest 80 of 95 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/101122/005441 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| amended partnership deed with duties and obligations of the partnersFile: supplementary partnership agreement Horizon.pdf | 9 Nov 2022 |
| Approval building permissionFile: Approved buiding permission.pdf | 11 Sep 2022 |
| approval letterFile: approval letter.pdf | 11 Sep 2022 |
| Format of Agreement of sale as per notificationFile: Draft of Agreement of sale.pdf | 11 Sep 2022 |
| True copy of conversion order issued by the DC office dated 13/1/1969File: conversion order 32-1-6-2 corresponding to CTS No 3234 with comment.pdf | 15 Aug 2022 |
| title deed of Krishanaji Phadanis in Marathi with its translationFile: Sale Deed of Krishnaji Phadanis with its translation.pdf | 15 Aug 2022 |
| derivation of property (family tree of Krishanaji Phadanis)File: about title deed.pdf | 15 Aug 2022 |
| about area in khata and in actualFile: about Khata area.pdf | 15 Aug 2022 |
| layout planFile: Layout plan.pdf | 15 Aug 2022 |
| layout plan mentioning order detailsFile: Layout order in plan.jpeg | 15 Aug 2022 |
| area statement certified by the Project ArchitectFile: Area statement certified by the Project Achitect.jpeg | 15 Aug 2022 |
| Proforma of Agreement of saleFile: Draft of Agreement of sale.pdf | 15 Aug 2022 |
| about Project ArchitectFile: about COA of Arch.pdf | 15 Aug 2022 |
| CA FORM IN PRESCRIBED FORMATFile: FORM OF CA - NISHIGANDHA RESIDENCY.pdf | 23 Jul 2022 |
| CONVERSION ORDER FOR R S NO. 32/1/6/2 CORRESPONDING TO CTS NO. 3234File: conversion order 32-1-6-2 corresponding to CTS No 3234.pdf | 23 Jul 2022 |
| CTS EXTRACT i. e MUTATION ENTRY (RTC AND MR)File: CTS extract for CTS 3234.pdf | 23 Jul 2022 |
| TITLE DOCUMENT FOR PRAKASH KRISHNAJI PHADANIS AND OTHERSFile: Will of Krishnaji.pdf | 23 Jul 2022 |
| DEATH CERTIFICATE OF KRISHNAJI PHADANISFile: death cer of Krishnaji.pdf | 23 Jul 2022 |
| DEATH CERTIFICATE OF SULBHA PHADANISFile: death cert of Sulbha.pdf | 23 Jul 2022 |
| KHATA OBTAIN FROM LOCAL AUTHORITY (CITY CORPORATION OF BELGUAM)File: Khata obtained from local authority.pdf | 23 Jul 2022 |
| FORM B WITH END DATE OF THE PROJECTFile: Form B with date.pdf | 23 Jul 2022 |
| ADVOCATE SEARCH REPORTFile: legal opinion.pdf | 23 Jul 2022 |
| ACKNOWLEDGMENT ON SECTION 3 AFFIDAVITFile: Sec 3 Affidavit with ack, name of project and address.pdf | 23 Jul 2022 |
| NIL ENCUMBRANCE CERTIFICATE IN FORM 15 FROM 01/04/2005 TO TILL DATEFile: EC in Form 15 from 01042005 to till date.pdf | 23 Jul 2022 |
| LAYOUT PLANFile: Layout plan.pdf | 23 Jul 2022 |
| VILLAGE MAP DEMARCATIONFile: Village map demarcation.pdf | 23 Jul 2022 |
| CDP PLAN SHOWING PROPOSED SITE AREAFile: Master plan.pdf | 23 Jul 2022 |
| ABOUT CAR PARKING ALLOTMENTFile: ABOUT CAR PARKING ALLOTMENT.pdf | 23 Jul 2022 |
| clarification about commencement certificateFile: clarification about Commencment certificate - Copy.pdf | 23 Jul 2022 |
| Section 3 Affidavit with ack, name and address of the projectFile: Sec 3 Affidavit with ack, name of project and address.pdf | 23 Jul 2022 |
| format of Agreement of sale as per notificationFile: Format of Agreement of sale (1).pdf | 23 Jul 2022 |
| fees paid receipt towards payment of electricity supplyFile: HESCOM Reciept.jpeg | 23 Jul 2022 |
| DD copy towards the payment made for water supplyFile: DD of amount paid to Water NOC.jpeg | 23 Jul 2022 |
| sewer line demarcation drawingFile: sewer line.pdf | 23 Jul 2022 |
| about COA details of ArchFile: about COA of Arch.pdf | 23 Jul 2022 |
| Registration CertificateFile: FIRM CERTIFICATE.jpg | - |
| Partnership DeedFile: PARTNERSHIP_DEED.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: NISHIGANDHA CA FORM_compressed.pdf | - |
| Certificate issued by Architect Form 2File: Form 2 (2).pdf | - |
| Certificate issued by Engineer Form 3File: Form 3.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: No litigation affidavit Nishigandha.pdf | - |
| Certificate from Chartered AccountFile: NISHIGANDHA CA FORM_compressed.pdf | - |
| Balance Sheet 2020 - 2021File: Balance Sheet 2020-21.pdf | - |
| Balance Sheet 2019 - 2020File: Balance Sheet 2019-20.pdf | - |
| Balance Sheet 2018 - 2019File: Balance Sheet 2018-19.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: P and L 2020-21.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: P and L 2019-20.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: P and L 2018-19.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: IT Ack 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: IT ACK 2020-21 (3).pdf | - |
| Income Tax Return Acknowledgement 2018 - 2019File: IT Ack 2019-21.pdf | - |
| Commencment Certificate | - |
| HESCOM NOC -NISHIGANDHA | - |
| WATER NOC -NISHIGANDHA | - |
| Approved Building permission Plan | - |
| Approved Building permission Plan | - |
| Approved Building permission Plan | - |
| Approved Building permission Plan | - |
| Approved Building permission Plan | - |
| Specifications & Amenities of Nishigandha Residency-1-2 | - |
| Approved Building permission Plan | - |
| Approved Building permission Plan | - |
| Legal Opinion | - |
| Format of Agreement of sale (1) | - |
| allotment letter (2) | - |
| NOT YET Finalized | - |
| Form B_compressed | - |
| Sec 3 Affidaivt Nishigandha | - |
| HESCOM NOC -NISHIGANDHA | - |
| WATER NOC -NISHIGANDHA | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
| Unnamed document | - |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| NIRMAL RESIDENCY | DATTA GALLI, VADGAON, BELAGAVI | Ongoing | Dec 2023 | Not delivered |
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Builder: M/S. HORIZON GROUPS
M/S. HORIZON GROUPS has 2 registrations on RERA Karnataka, including NISHIGANDHA RESIDENCY and Nandana Arcade. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Belagavi district page.
Frequently asked questions
What are my rights if NISHIGANDHA RESIDENCY is delayed beyond 31 Mar 2026?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.
How do I verify and contact the developer of NISHIGANDHA RESIDENCY?
The registered promoter entity is M/S. HORIZON GROUPS, a partnership firm as per the filing. Its GSTIN 29AAEFH7776A2Z7 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.
Is my payment protected in NISHIGANDHA RESIDENCY?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
Who certifies construction progress at NISHIGANDHA RESIDENCY?
The professionals named in the filing: Architect: SHRIDHAR INAMDAHR; Engineer: VINAY BEHERE; Chartered Accountant: SHRIPAD V KAROSHI. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in NISHIGANDHA RESIDENCY?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.
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