HORIZONMarkets

Timeline

Project startedDec 2023
RERA approvedJan 2024
Proposed completionSep 2026
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SAIDA REDDY INFRA DEVELOPERS

Partnership/LLP FirmPromoter type
GunturBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

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 Andhra Pradesh · Registration filing
Village
NALLAPADU
Mandal
Guntur
District
Guntur
Pincode
522005
What’s nearby
SchoolsNearest school 1.0km away
HealthcareHospital 1.9km away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 526m away
ShoppingNo supermarket within 2km · Mall 1.8km away · Bank 645m away
Getting around
Expressway 267 m · Narasaraopet Guntur RoadPrimary road 2.8 kmRailway line 860 mRailway station 836m away (Nallapadu)Limited bus connectivity nearby
Water & environment
Water body 1.2 km · Ankireddipalem cheruvuRiver 3.0 km
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Dry land, Agricultural Land fit for H.S., Land abutting NH/SH/ZPP/MPP, Wet Land double crop. The state classes land per survey— confirm your plot’s survey number is House Sites.

AP Registration & Stamps
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

₹8.43 Cr declared. What that works out to:

19%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.

Government guidance value
₹8,000/sq ydHouse Sites

₹9,568/sq m · effective Feb 2025 · revised down from ₹19,000

The state’s minimum value for this village’s land, set for stamp duty — a floor, not a market price. Source: AP Registration & Stamps.

04

Planning authority

RERA Andhra Pradesh · Approved building plan

Commissioner, ULB

Municipal / Corporation · Guntur
approved 8 Sep 2023 · 2 yrs ago
Building Permit no. 1021/1784/B/GNTC/NAL/2022Survey no. 402-A OF NALLAPADU
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 1021/1784/B/GNTC/NAL/2022 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Guntur

Municipal Corporation

Has approved 600 RERA projectsabout 1 in 11 in Andhra Pradesh.

an apartments market81% apartments · 19% plotted layouts. Apartments like yours are this body's core business.

Builders
392
On record
15,171 flats · 12,166 plots
Reach
31 mandals
Since
2014

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.

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.