HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Plots
44
Plotted area
9,404 sq m
Open spaces
1,854 sq m
Roads
6,702 sq m
Amenities
390 sq m

Timeline

Project startedFeb 2024
RERA approvedDec 2024
Proposed completionFeb 2027
TodayJul 2026

Find your plot

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

UnitTypeTotal sq m
1Plot306.44
2Plot390.36
3Plot234.16
4Plot194.64
5Plot194.63
6Plot194.62
7Plot211.12
8Plot213.99
9Plot185.34
10Plot185.34
11Plot185.34
12Plot185.34
13Plot185.34
14Plot185.34
15Plot222.97
16Plot222.97
17Plot185.34
18Plot185.34
19Plot268.30
20Plot268.33
21Plot185.34
22Plot185.34
23Plot222.97
24Plot222.97
25Plot185.34
26Plot185.34
27Plot185.34
28Plot185.34
29Plot185.34
30Plot185.34
31Plot262.20
32Plot167.30
33Plot171.06
34Plot177.89
35Plot368
36Plot368
37Plot300.45
38Plot300.45
39Plot298.06
40Plot264.95
41Plot228.92
42Plot175.66
43Plot165.93
44Plot211.58

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

KARAN UDYOG

Partnership/LLP FirmPromoter type
KolkataBased 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
Marripalem
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530018
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
No metro or railway within 5kmLimited bus connectivity nearby
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

₹2.39 Cr declared to build 44 plots. What that works out to:

₹5.43 Lakhdeclared cost per plotall-in — land + construction
₹236/sq ftof plotted area₹2,540/sq m
39%of the cost is land₹47/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

Commissioner, ULB

Municipal / Corporation · Visakhapatnam
approved 21 Feb 2024 · 2 yrs ago
Layout Permit no. 1086/0007/LP/Z5/2024Survey no. 57/4P, 5P, 59/1P, 66/1P, 2, 3, 4P
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 1086/0007/LP/Z5/2024 on the approving authority’s portal to confirm the sanction.

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. Layouts like yours are the smaller share here — this body mostly approves apartments.

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.

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.