HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
15 flats
Unit mix
10 × 3BHK · 5 × 2BHK
Carpet area
71–79 sq m
Floors
5
Land area
613 sq m
Built-up area
1,687 sq m

Timeline

Project startedApr 2023
RERA approvedAug 2023
Proposed completionApr 2026
TodayJul 2026

Find your flat

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

UnitTypeCarpet sq mBalcony sq mOuter wall sq mCommon sq mTotal sq mParking sq m
1011st Floor · AKHSHAYA ELITE3BHK79.253.084.5264.11150.977.43
1021st Floor · AKHSHAYA ELITE2BHK71.223.123.0829.58107.307.43
1031st Floor · AKHSHAYA ELITE3BHK78.064.724.0764.11150.977.43
2012nd Floor · AKHSHAYA ELITE3BHK79.253.084.5264.11150.977.43
2022nd Floor · AKHSHAYA ELITE2BHK71.223.123.0829.58107.307.43
2032nd Floor · AKHSHAYA ELITE3BHK78.064.724.0764.11150.977.43
3013rd Floor · AKHSHAYA ELITE3BHK79.253.084.5264.11150.977.43
3023rd Floor · AKHSHAYA ELITE2BHK71.223.123.0829.58107.307.43
3033rd Floor · AKHSHAYA ELITE3BHK78.064.724.0764.11150.977.43
4014th Floor · AKHSHAYA ELITE3BHK79.253.084.5264.11150.977.43
4024th Floor · AKHSHAYA ELITE2BHK71.223.123.0829.58107.307.43
4034th Floor · AKHSHAYA ELITE3BHK78.064.724.0764.11150.977.43
5015th Floor · AKHSHAYA ELITE3BHK79.253.084.5264.11150.977.43
5025th Floor · AKHSHAYA ELITE2BHK71.223.123.0829.58107.307.43
5035th Floor · AKHSHAYA ELITE3BHK78.064.724.0764.11150.977.43

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes.

02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SHRI RAM PROJECTS BY ITS PROPRIETOR RAVANAM RAJA

IndividualPromoter type
Visakhapatnam, Andhra PradeshBased in
5Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
52 homeson the public record across 5 projects
7,915 sq mbuilt-up filed
2,318 sq mland declared
₹32.30 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. 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 Andhra Pradesh · Registration filing
Village
Marripalem
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530009
What’s nearby
Schools2 schools within 500m · 4 educational institutions within 1km
HealthcareHospital 428m away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 881m away · 14+ restaurants and cafes within 1km
ShoppingSupermarket 624m away · Mall 415m away · Convenience store within 500m
Getting around
Primary road 309 mRailway line 678 mRailway station 1.2km away (Marripalem)2 bus stops within 500m
Water & environment
Water body 1.8 km
distances only — not a flood assessment
Declared external development
Roads0%
Water supply0%
Sewage0%
Electricity0%
Solid waste0%
Fire safety0%
Water0%
Emergency exits0%
Renewable energy0%
% complete as filed at registration — no progress updates are published, so this is a starting-line snapshot.
Price analysisdeclared build cost — not a sale price

₹8.00 Cr declared to build 15 flats. What that works out to:

₹53.34 Lakhdeclared cost per flatall-in — land + construction
₹4,407/sq ftof built-up area₹47,441/sq m
50%of the cost is land₹6,058/sq ft of 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 Andhra Pradesh · Approved building plan

Director, Town and Country Planning

Town & Country Planning (DTCP) · AKHSHAYA ELITE, HIG 72, MARRIPALEM VUDA LAYOUT, MARRIPALEM, VISAKHAPATNAM, ANDHRA PRADESH 530009
approved 27 Apr 2023 · 3 yrs ago
Building Permit no. 1086/0728/B/Z5/MUT/2023Survey no. 107

The promised possession date (27 Apr 2026) 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 1086/0728/B/Z5/MUT/2023 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the sanction.

The approving body, at scale

Director, Town & Country Planning (DTCP)

Andhra Pradesh's statewide town-planning directorate. It has approved 1,597 RERA projects across 13 mandals about 1 in 4 in Andhra Pradesh.

This project sits in its AKHSHAYA ELITE, HIG 72, MARRIPALEM VUDA LAYOUT, MARRIPALEM, VISAKHAPATNAM, ANDHRA PRADESH 530009 area — a smaller local market, with too few RERA projects on record to profile on its own.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

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.
  • Construction progress — RERA Andhra Pradesh does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RERA Andhra Pradesh does not publish a complaints register. This read cannot speak to them either way.
  • Escrow — RERA Andhra Pradesh does not publish escrow declarations. Whether buyer money is ring-fenced cannot be read here.