Nishigandha Residency
RERA Property Intelligence Report · Preview
Horizon Groups · · K-RERA PRM/KA/RERA/1249/447/PR/191222/005528
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.
| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 28 | Total inventory registered with K-RERA. |
| Official carpet area | 1,952 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 2,018 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 808 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 2.5 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered towers/wings | 1 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 19 total (19 covered, 0 open) — 0.68 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | 161/2022-23 | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 27-09-2022 | |
| Project start date | 01-09-2022 |
K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered inventory mix
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| COMMERCIAL UNIT | 1 | 3% | 93 sqm |
| COMMERCIAL UNIT | 1 | 3% | 26 sqm |
| RESIDENTIAL UNIT 2BHK | 1 | 3% | 61 sqm |
| RESIDENTIAL UNIT 2BHK | 1 | 3% | 61 sqm |
| RESIDENTIAL UNIT 2BHK | 1 | 3% | 61 sqm |
| SHOP | 1 | 3% | 47 sqm |
| RESIDENTIAL UNIT 2BHK | 1 | 3% | 58 sqm |
| RESIDENTIAL UNIT 2BHK | 2 | 6% | 58 sqm |
| RESIDENTIAL UNIT 3BHK | 1 | 3% | 79 sqm |
| COMMERCIAL UNIT | 1 | 3% | 58 sqm |
| RESIDENTIAL 3BHK | 1 | 3% | 75 sqm |
| COMMERCIAL UNIT | 1 | 3% | 61 sqm |
| PENT HOUSE | 4 | 13% | 12 sqm |
| RESIDENTIAL 3BHK | 2 | 6% | 75 sqm |
| RESIDENTIAL UNIT 3BHK | 2 | 6% | 79 sqm |
| COMMERCIAL UNIT | 1 | 3% | 35 sqm |
| COMMERCIAL UNIT | 1 | 3% | 94 sqm |
| RESIDENTIAL 2BHK | 1 | 3% | 61 sqm |
| RESIDENTIAL UNIT 2BHK | 1 | 3% | 61 sqm |
| SHOP | 1 | 3% | 35 sqm |
| RESIDENTIAL 2BHK | 2 | 6% | 53 sqm |
| SHOP | 1 | 3% | 267 sqm |
| COMMERCIAL UNIT | 1 | 3% | 16 sqm |
| COMMERCIAL UNIT | 1 | 3% | 22 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| NANDANA ARCADE | 4 | 28 | 19 | 14.9 m |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 28 official flat/unit rows, matching the 28 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.
By unit type
| Unit type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| COMMERCIAL | 12 | 16.4-267.8 sqm | 7.9-99.1 sqm | 0 (12 with 0) |
| 2 BHK | 10 | 53.2-61.6 sqm | 23.0-26.6 sqm | 0 (10 with 0) |
| 3 BHK | 6 | 75.1-80.0 sqm | 31.5-33.6 sqm | 0 (6 with 0) |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| NANDANA ARCADE | 28 | 16.4-267.8 sqm | 7.9-99.1 sqm | 0 (28 with 0) |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| G-1 | NANDANA ARCADE | 0 | COMMERCIAL | 267.8 sqm | 99.1 sqm | 0 |
| G-2 | NANDANA ARCADE | 0 | COMMERCIAL | 35.5 sqm | 14.1 sqm | 0 |
| G-3 | NANDANA ARCADE | 0 | COMMERCIAL | 47.8 sqm | 18.7 sqm | 0 |
| G-4 | NANDANA ARCADE | 0 | COMMERCIAL | 86.4 sqm | 32.8 sqm | 0 |
| 101 | NANDANA ARCADE | 1 | COMMERCIAL | 16.4 sqm | 7.9 sqm | 0 |
| 102 | NANDANA ARCADE | 1 | COMMERCIAL | 22.9 sqm | 10.2 sqm | 0 |
What the numbers tell you
Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.
🔒 Unit-by-unit guidance · Unit Guidance report
Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.
🔒 Full records — land title, amenities paperwork & document catalog · Compliance report
The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.
No litigation declared on this project's K-RERA filing.
9 of 30 compliance document slots are filed as Not Applicable; the remaining 21 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
⚠ Registration validity has lapsed: originally due 30 Jun 2026 — which has passed with no OC on file.
Named utility/regulatory approvals
"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.
K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | SHRIPAD V KAROSHI | 223393 | 2017 | Belagavi, Karnataka - 590002 |
| Engineer | VINAY BEHERE | BGM/BL11207/20-21 | 1996 | Belagavi, Karnataka - 590006 |
| Architect | SHRIDHAR INAMDAR | CCB/PWD/CM/LCN-1009 | 2020 | Belagavi, Karnataka - 590005 |
| Contractor | HORIZON GROUP | - | 2007 | Belagavi, Karnataka - 590006 |
⚠ No quarterly financial disclosures (collections, escrow withdrawals) on record, despite no completion certificate yet — meaning we can't verify the project's cashflows against its construction progress. Worth asking the builder directly why no quarterly filings are available.
Declared construction cost ÷ registered units averages to ₹13.2 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.
RERA 70% project account is on file: Axis Bank BELGAUM IFSC Code : UTIB0000138 Pin Code : 590006. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.
The nearest major job hub is ~10 km away — a real but liveable commute to the nearest job hub — factor peak-hour traffic.
| Landmark | Straight-line |
|---|---|
| MG Road / city centre | 3 km |
| Outer Ring Road / Manyata | 10 km |
| Bellandur–Marathahalli belt | 12 km |
| Electronic City | 16 km |
| Whitefield IT hub | 19 km |
| Kempegowda Int'l Airport | 30 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
Should you buy in Nandana Arcade?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Built by Horizon Groups.
Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.
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Last checked against the RERA register: 16 Jul 2026