Complete project overview
RERA Andhra Pradesh · Registration filing- Units
- 55 flats
- Unit mix
- 50 × 3BHK · 5 × 2BHK
- Carpet area
- 86–109 sq m
- Floors
- 5
- Land area
- 2,077 sq m
- Built-up area
- 8,374 sq m
Timeline
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.
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.
Builder’s track record
RERA Andhra Pradesh · Promoter registrationI RISE BUILDERS
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.
Location & price analysis
RERA Andhra Pradesh · Registration filing- Village
- Kancharapalem
- Mandal
- Visakhapatnam(U)
- District
- Visakhapatnam
- Pincode
- 530008
₹35.82 Cr declared to build 55 flats. What that works out to:
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.
The state’s minimum value for this locality’s land, set for stamp duty — a floor, not a market price. Source: AP Registration & Stamps.
Planning authority
RERA Andhra Pradesh · Approved building planA 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 1086/2468/B/Z5/KAD/2024 on the approving authority’s portal to confirm the sanction.
Visakhapatnam
Municipal CorporationHas 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.
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.