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Detailed Report

AKHSHAYA PRIDE

P03290125414 · RERA Andhra Pradesh · https://gethorizon.in/projects/akhshaya-pride-maddilapalem-visakhapatnam-u-t8g3bq34

01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 3BKH
Carpet area
113–117 sq m
Floors
5
Land area
451 sq m
Built-up area
1,740 sq m

Timeline

Project startedJan 2025
RERA approvedApr 2025
Proposed completionJan 2028
TodaySep 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 PRIDE3BKH117.319.426.5441.38174.657.43
1021st Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
2012nd Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.43
2022nd Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
3013rd Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.43
3023rd Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
4014th Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.43
4024th Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
5015th Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.43
5025th Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43

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.

All 10 units as filed, two to a row · areas in sq m
UnitTypeCarpetBalconyOuter wallCommonTotalParkingUnitTypeCarpetBalconyOuter wallCommonTotalParking
1011st Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.431021st Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
2012nd Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.432022nd Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
3013rd Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.433023rd Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
4014th Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.434024th Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
5015th Floor · AKHSHAYA PRIDE3BKH117.319.426.5441.38174.657.435025th Floor · AKHSHAYA PRIDE3BKH112.8510.286.5442.20171.877.43
02

Builder’s track record

RERA Andhra Pradesh · Builder 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 builder 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 builder, 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.

More from SHRI RAM PROJECTS BY ITS PROPRIETOR RAVANAM RAJA— the full portfolio →

03

Location & price analysis

RERA Andhra Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 21 new projects last year
  • 220 nearby projects
1 km radius · coordinates as filed · 17.7249, 83.1770 · © OpenStreetMap contributors
Village
Maddilapalem
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530013
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.3km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.5 kmPrimary road 2.9 km · Anakapalli - Visakhapatnam - Anandapuram Main RoadRailway line 1.4 km · Howrah - Chennai Main LineRailway station 3.6km away (Duvvada)Limited bus connectivity nearby
Water & environment
Water body 915 mCanal 1.5 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

₹6.95 Cr declared to build 10 flats. What that works out to:

₹69.48 Lakhdeclared cost per flatall-in — land + construction
₹3,709/sq ftof built-up area₹39,918/sq m
47%of the cost is land₹6,675/sq ft of land

This is what the builder 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

Government Guidance Rate

AP Registration & Stamps

In Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.

₹85,000per sq yd
₹1,01,659per sq m
Which rate
residential (urban)
Matched to
The rate published for the village of “Maddilapalem”.
In force
effective Feb 2025
Spread
₹70,000₹1,00,000 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Andhra Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Andhra Pradesh · Approved building plan

Director, Town and Country Planning

Town & Country Planning (DTCP) · GVMC, VISAKHAPATNAM
approved 6 Jan 2025 · 1 yr ago
Building Permit no. 1086/3652/B/Z3/SRA/2024Survey no. 2/P
The occupancy certificate — the proof that isn’t here

An approved 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 approved plan carries penalty or demolition risk.

Verify it yourself — look up plan 1086/3652/B/Z3/SRA/2024 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the approval.

The approving body, at scale

Visakhapatnam

Municipal Corporation

Has approved 1,344 RERA projectsabout 1 in 5 in Andhra Pradesh, more than any other body in the state.

an apartments market87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
840
On record
39,785 flats · 20,512 plots
Reach
27 mandals
Since
2009

More apartment-heavy than Andhra Pradesh overall — 87% apartments here vs 74% 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.

See every project approved by RERA Andhra Pradesh

07

Other projects nearby

The register · within 25 km

489 residential projects still under way within 25 km. Step out ring by ring:

Of the 220 projects the radar draws within 6 km — every kind, every stage — 71 are residential projects still under way. This list keeps only those, and looks further out.

2 projects within 1 km — showing the nearest 2.

150 m awayResidential

BNS PRIDE

PRANAV SHAKTI · Jaggarajupeta · Gajuwaka

Aug 2024registered
Jan 2027target completion
Declared cost₹2.20 CrScale10 flatsAuthorityRERA Andhra Pradesh
800 m awayResidential

SAMPATH VIHAR

SRI VENKATA DURGA BUILDERS · Narava · Pendurthi

May 2025registered
Apr 2028target completion
Declared cost₹5.50 CrScale30 flatsAuthorityRERA Andhra Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Andhra Pradesh, as the builder submitted it.
  2. 02Builder's track record
    • RERA Andhra Pradesh: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Andhra Pradesh filing.
    • Coordinates: as filed with RERA Andhra Pradesh.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • AP Registration & Stamps.
  5. 05Planning authority
    • RERA Andhra Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Andhra Pradesh's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/akhshaya-pride-maddilapalem-visakhapatnam-u-t8g3bq34.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.