101GROUND · BOBBY NILAYAM3BHK90.973.2218.90113.0912
102GROUND · BOBBY NILAYAM3BHK65.333.0618.9087.2912
103GROUND · BOBBY NILAYAM3BHK128.883.4818.90151.2612
201FIRST · BOBBY NILAYAM3BHK90.973.2218.90113.0912
202FIRST · BOBBY NILAYAM3BHK65.333.0618.9087.2912
203FIRST · BOBBY NILAYAM3BHK128.883.4818.90151.2612
301SECOND · BOBBY NILAYAM3BHK90.973.2218.90113.0912
302SECOND · BOBBY NILAYAM3BHK65.333.0618.9087.2912
303SECOND · BOBBY NILAYAM3BHK128.883.4818.90151.2612
401THIRD · BOBBY NILAYAM3BHK90.973.2218.90113.0912
402THIRD · BOBBY NILAYAM3BHK65.333.0618.9087.2912
403THIRD · BOBBY NILAYAM3BHK128.883.4818.90151.2612
501FOURTH · BOBBY NILAYAM3BHK90.973.2218.90113.0912
502FOURTH · BOBBY NILAYAM3BHK65.333.0618.9087.2912
503FOURTH · BOBBY NILAYAM3BHK128.883.4818.90151.2612
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 15 units as filed, two to a row · areas in sq m
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
HealthcareHospital 1.2km away · 4 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.7km away · 7 restaurants and cafes within 1km
ShoppingSupermarket 909m away · Bank 628m away
Getting around
Primary road 572 m · Visakhapatnam - Anandapuram Main RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
River 451 mWater body 554 m
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
₹7.27 Cr declared to build 15 flats. What that works out to:
₹48.44 Lakhdeclared cost per flatall-in — land + construction
₹3,206/sq ftof built-up area₹34,514/sq m
27%of the cost is land₹2,821/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.
Location & price analysis — done
04
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imagery
The yearly satellite view ends in 2023 and this project started in 2025, so it does not cover this project's construction: the site was still open ground within ~20 m of the recorded location when the series ends. The 2026 image shows the site more recently.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.
Satellite photographs of the same ground
Feb 2017Mar 2023Feb 2026
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
The yearly site view ends in 2023, before this project started in 2025.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
Satellite view of the site — done
05
Government Guidance Rate
AP Registration & Stamps
In Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.
₹60,000per sq yd
₹71,759per sq m
Which rate
residential (urban)
Matched to
The rate published for the village of “Madhuravada (u)”.
In force
effective Feb 2025
Spread
₹55,000 – ₹60,000 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.
Government Guidance Rate — done
06
Planning authority
RERA Andhra Pradesh · Approved building plan
Commissioner, ULB
Municipal / Corporation · Visakhapatnam
approved 10 Jun 2025 · 1 yr ago
Building Permit no. 1086/2440/B/Z2/M-5/2024Survey no. 32/3Part
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 1086/2440/B/Z2/M-5/2024 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Visakhapatnam
Municipal Corporation
Has approved 1,344 RERA projects — about 1 in 5 in Andhra Pradesh, more than any other body in the state.
an apartments market — 87% 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.
Planning authority — done
07
Complaints & litigation
RERA Andhra Pradesh · public record
Complaints register
Not published. RERA Andhra Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Andhra Pradesh
Litigation
None declared in this filing
Only what the builder declared, or what RERA Andhra Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Andhra Pradesh, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
08
Other projects nearby
The register · within 25 km
469 residential projects still under way within 25 km. Step out ring by ring:
Of the 421 projects the radar draws within 6 km — every kind, every stage — 162 are residential projects still under way. This list keeps only those, and looks further out.
Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
05Government Guidance Rate
AP Registration & Stamps.
06Planning authority
RERA Andhra Pradesh: the approved building plan, as filed.
The approving body's other projects: counted by Horizon across the register.
07Complaints & litigation
RERA Andhra Pradesh's public record lists no complaints or litigation for this project.
08Other 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/bobby-nilayam-madhuravada-u-visakhapatnam-r-98pycfee.
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.