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GLK TOWERS

P03290126466 · RERA Andhra Pradesh · https://gethorizon.in/projects/glk-towers-maddilapalem-visakhapatnam-u-qd7rqujn

Timeline

Project startedDec 2025
RERA approvedMar 2026
Proposed completionDec 2028
TodaySep 2026
02

Builder’s track record

RERA Andhra Pradesh · Builder registration

M/S.JAYARAM CONSTRUCTIONS REP BY ITS PROPRIETOR MALLADI PHANENDRA REDDY

IndividualPromoter type
Visakhapatnam, Andhra PradeshBased in
4Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
30 homeson the public record across 4 projects
6,969 sq mbuilt-up filed
1,875 sq mland declared
₹13.22 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from M/S.JAYARAM CONSTRUCTIONS REP BY ITS PROPRIETOR MALLADI PHANENDRA REDDY— the full portfolio →

03

Location & price analysis

RERA Andhra Pradesh · Registration filing
Village
Maddilapalem
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530013
What’s nearby
Schools1 school within 1km · College or university 464m away
HealthcareHospital 57m away · 3 clinics within 1km · Pharmacy within 500m
Lifestyle2 parks within 500m · Gym or sports centre 181m away · 36+ restaurants and cafes within 1km
ShoppingSupermarket 237m away · Mall 1.3km away · Bank 38m away
Getting around
Primary road 863 m · Anakapalli - Visakhapatnam RoadRailway line 3.2 kmRailway station 3.4km away (Visakhapatnam)3 bus stops within 500m
Water & environment
River 1.5 kmWater body 2.3 km
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

₹4.66 Cr declared. What that works out to:

2%of the cost is 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.

04

Government Guidance Rate

AP Registration & Stamps

In Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.

₹85,000per sq yd
₹1,01,659per sq m
Which rate
residential (urban)
Matched to
The rate published for the village of “Maddilapalem”.
In force
effective Feb 2025
Spread
₹70,000₹1,00,000 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.
05

Planning authority

RERA Andhra Pradesh · Approved building plan

Commissioner, ULB

Municipal / Corporation · Visakhapatnam
approved 22 Dec 2025 · 9 mo ago
Building Permit no. 1086/1625/B/Z3/MEM/2025Survey no. 3
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 1086/1625/B/Z3/MEM/2025 on the approving authority’s portal to confirm the approval.

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.

07

Other projects nearby

The register · within 25 km

9 commercial projects still under way within 25 km. Step out ring by ring:

1 project within 1 km — showing the nearest 1.

ResappuvanipalemCommercial

KOTA ENCLAVE

JAYARAM ESTATES & NIRMAN

Aug 2026registered
Jan 2028target completion
Declared cost₹1.86 CrAuthorityRERA Andhra Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.