HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 3BHK
Carpet area
82–83 sq m
Floors
5
Land area
369 sq m
Built-up area
1,375 sq m

Timeline

Project startedJul 2024
RERA approvedMay 2025
Proposed completionJul 2027
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
101Ground Floor · BLUE SAPPHIRE3BHK82.587.298.3833.21131.4610.40
102Ground Floor · BLUE SAPPHIRE3BHK82.407.228.3836.71134.7110.40
201First Floor · BLUE SAPPHIRE3BHK82.587.298.3833.21131.4610.40
202First Floor · BLUE SAPPHIRE3BHK82.407.228.3836.71134.7110.40
301Second Floor · BLUE SAPPHIRE3BHK82.587.298.3833.21131.4610.40
302Second Floor · BLUE SAPPHIRE3BHK82.407.228.3836.71134.7110.40
401Third Floor · BLUE SAPPHIRE3BHK82.587.298.3833.21131.4610.40
402Third Floor · BLUE SAPPHIRE3BHK82.407.228.3836.71134.7110.40
501Fourth Floor · BLUE SAPPHIRE3BHK82.587.298.3833.21131.4610.40
502Fourth Floor · BLUE SAPPHIRE3BHK82.407.228.3836.71134.7110.40

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

VISHRAA HOMES

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2025–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
Kurmannapalem
Mandal
Gajuwaka
District
Visakhapatnam
Pincode
530046
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.0km away
LifestyleNo parks within 2km · Gym or sports centre 1.7km away · 5 restaurants and cafes within 1km
ShoppingSupermarket 1.8km away · Mall 3m away · Bank 247m away
Getting around
Expressway 609 mPrimary road 603 m · Anakapalli - Visakhapatnam RoadRailway line 1.5 kmRailway station 2.2km away (Duvvada)Bus stop within 1km
Water & environment
Water body 448 mCanal 509 m · godavari water canal
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

₹4.19 Cr declared to build 10 flats. What that works out to:

₹41.86 Lakhdeclared cost per flatall-in — land + construction
₹2,828/sq ftof built-up area₹30,436/sq m
41%of the cost is land₹4,305/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.

Government guidance value
₹50,000/sq ydresidential

₹59,800/sq m · effective Feb 2025

The state’s minimum value for this locality’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 · Visakhapatnam
approved 12 Jul 2024 · 2 yrs ago
Building Permit no. 1086/2643/B/Z6/KEM/2023Survey no. 19/P
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 1086/2643/B/Z6/KEM/2023 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. 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.

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.