HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
20 flats
Unit mix
10 × 3 BHK · 10 × 2 BHK
Carpet area
80–113 sq m
Floors
5
Land area
706 sq m
Built-up area
2,782 sq m

Timeline

Project startedJan 2021
RERA approvedSep 2021
Proposed completionJan 2024
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 · HANUMAN NILAYAM3 BHK112.5314.634.604.56158.6722.35
102GROUND FLOOR · HANUMAN NILAYAM2 BHK79.718.115.174.56119.9022.35
103GROUND FLOOR · HANUMAN NILAYAM3 BHK113.2013.203.934.56157.2422.35
104GROUND FLOOR · HANUMAN NILAYAM2 BHK80.618.774.274.56120.5622.35
201FIRST FLOOR · HANUMAN NILAYAM3 BHK112.5314.634.604.56158.6722.35
202FIRST FLOOR · HANUMAN NILAYAM2 BHK79.718.115.174.56119.9022.35
203FIRST FLOOR · HANUMAN NILAYAM3 BHK113.2013.203.934.56157.2422.35
204FIRST FLOOR · HANUMAN NILAYAM2 BHK80.618.774.274.56120.5622.35
301SECOND FLOOR · HANUMAN NILAYAM3 BHK112.5314.634.604.56158.6722.35
302SECOND FLOOR · HANUMAN NILAYAM2 BHK79.718.115.174.56119.9022.35
303SECOND FLOOR · HANUMAN NILAYAM3 BHK113.2013.203.934.56157.2422.35
304SECOND FLOOR · HANUMAN NILAYAM2 BHK80.618.774.274.56120.5622.35
401THIRD FLOOR · HANUMAN NILAYAM3 BHK112.5314.634.604.56158.6722.35
402THIRD FLOOR · HANUMAN NILAYAM2 BHK79.718.115.174.56119.9022.35
403THIRD FLOOR · HANUMAN NILAYAM3 BHK113.2013.203.934.56157.2422.35
404THIRD FLOOR · HANUMAN NILAYAM2 BHK80.618.774.274.56120.5622.35
501FOURTH FLOOR · HANUMAN NILAYAM3 BHK112.5314.634.604.56158.6722.35
502FOURTH FLOOR · HANUMAN NILAYAM2 BHK79.718.115.174.56119.9022.35
503FOURTH FLOOR · HANUMAN NILAYAM3 BHK113.2013.203.934.56157.2422.35
504FOURTH FLOOR · HANUMAN NILAYAM2 BHK80.618.774.274.56120.5622.35

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

SRI LAKSHMI CONSTRUCTIOS AND DEVELOPERS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
7Projects
2Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
250 homeson the public record across 7 projects
33,789 sq mbuilt-up filed
9,575 sq mland declared
₹84.25 Crdeclared build cost

Build cost is what the promoter 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 promoter, 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.

03

Location & price analysis

RERA Andhra Pradesh · Registration filing
Village
Venkatapuram
Mandal
Visakhapatnam(R)
District
Visakhapatnam
Pincode
530029
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

₹5.68 Cr declared to build 20 flats. What that works out to:

₹28.38 Lakhdeclared cost per flatall-in — land + construction
₹1,895/sq ftof built-up area₹20,402/sq m
22%of the cost is land₹1,667/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

Director, Town and Country Planning

Town & Country Planning (DTCP) · VENKATAPURAM
approved 29 Jan 2021 · 5 yrs ago
Building Permit no. 1086/5080/B/Z6/VAM/2020Survey no. 76/4

The promised possession date (29 Jan 2024) 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 1086/5080/B/Z6/VAM/2020 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the sanction.

The approving body, at scale

Director, Town & Country Planning (DTCP)

Andhra Pradesh's statewide town-planning directorate. It has approved 1,597 RERA projects across 13 mandals about 1 in 4 in Andhra Pradesh.

This project sits in its VENKATAPURAM area — a smaller local market, with too few RERA projects on record to profile on its own.

Volume is context, not a verdict — a busier authority is not 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.