HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
15 flats
Unit mix
10 × 3 BHK · 5 × 2 BHK
Carpet area
53–107 sq m
Floors
5
Land area
700 sq m
Built-up area
2,192 sq m

Timeline

Project startedAug 2022
RERA approvedFeb 2023
Proposed completionAug 2025
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
A1Ground Floor · 12 BHK53.067.047.527.0797.2122.52
A2Ground Floor · 13 BHK105.2615.969.887.81161.4322.52
A3Ground Floor · 13 BHK107.449.5210.099.90159.4722.52
B1First Floor · 12 BHK53.067.047.527.0797.2122.52
B2First Floor · 13 BHK105.2615.969.887.81161.4322.52
B3First Floor · 13 BHK107.449.5210.099.90159.4722.52
C1Second Floor · 12 BHK53.067.047.527.0797.2122.52
C2Second Floor · 13 BHK105.2615.969.887.81161.4322.52
C3Second Floor · 13 BHK107.449.5210.099.90159.4722.52
D1Third Floor · 12 BHK53.067.047.527.0797.2122.52
D2Third Floor · 13 BHK105.2615.969.887.81161.4322.52
D3Third Floor · 13 BHK107.449.5210.099.90159.4722.52
E1Fourth Floor · 12 BHK53.067.047.527.0797.2122.52
E2Fourth Floor · 13 BHK105.2615.969.887.81161.4322.52
E3Fourth Floor · 13 BHK107.449.5210.099.90159.4722.52

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

GOWTAM VENTURES AND DEVELOPERS

Partnership/LLP FirmPromoter type
West GodavariBased in
1Projects
1City
2023–2025Active
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
VELPURU
Mandal
Tanuku
District
West Godavari
Pincode
534222
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.7km away
LifestylePark 1.1km away
ShoppingNo supermarket within 2km
Getting around
Expressway 3.9 kmPrimary road 616 m · Tanuku - Bhimavaram RoadRailway line 613 mRailway station 626m away (Velpuru)Limited bus connectivity nearby
Water & environment
Water body 761 mCanal 1.2 km
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Land abutting NH/SH/ZPP/MPP, Agricultural Land fit for H.S., 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
Water99%
Roads70%
Water supply30%
Electricity30%
Solid waste30%
Fire safety30%
Emergency exits30%
Sewage10%
Renewable energy10%
% 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

₹3.60 Cr declared to build 15 flats. What that works out to:

₹24.00 Lakhdeclared cost per flatall-in — land + construction
₹1,526/sq ftof built-up area₹16,424/sq m
7%of the cost is land₹333/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
₹10,000/sq ydresidential

₹11,960/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 · Eluru
approved 25 Aug 2022 · 3 yrs ago
Building Permit no. 1172/0070/B/TKU/VLPURU/2021Survey no. 72/4

The promised possession date (25 Aug 2025) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

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 1172/0070/B/TKU/VLPURU/2021 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Eluru

Municipal Corporation

Has approved 109 RERA projects1.6% of Andhra Pradesh.

an apartments market71% apartments · 29% plotted layouts. Apartments like yours are this body's core business.

Builders
96
On record
1,496 flats · 2,222 plots
Reach
26 mandals
Since
2018

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.