HORIZONMarkets

Timeline

RERA approvedAug 2025
Project startedNov 2026
Proposed completionMay 2031
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

KMV SPACES LLP

Partnership/LLP FirmPromoter type
HyderabadBased in
4Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
296 homeson the public record across 4 projects
1,81,881 sq mbuilt-up filed
96,830 sq mland declared
₹409.34 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
PORANKI
Mandal
Penamaluru
District
Krishna
Pincode
521137
What’s nearby
SchoolsNearest school 1.5km away · College or university 1.7km away · Library 1.8km away
HealthcareHospital 1.4km away · 3 clinics within 1km
LifestylePark 1.3km away
ShoppingSupermarket 1.1km away · Mall 1.7km away
Getting around
Expressway 2.7 kmPrimary road 1.1 km · Old NH16 RoadRailway line 1.8 kmRailway station 2.5km away (Railway station)Limited bus connectivity nearby
Water & environment
Canal 987 mWater body 1.3 km
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Agricultural Land fit for H.S., Land abutting NH/SH/ZPP/MPP. The state classes land per survey— confirm your plot’s survey number is House Sites.

AP Registration & Stamps
Declared external development
Roads5%
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

₹173.45 Cr declared. What that works out to:

2%of the cost is 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
₹20,000/sq ydHouse Sites

₹23,920/sq m · effective Feb 2025

The state’s minimum value for this village’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, APCRDA

Municipal / Corporation · Vijayawada
approved 15 May 2025 · 1 yr ago
Building Permit no. 1168/9870/B/PMLR/PRNK/2019Survey no. 13,19/2,19/2B, 20, 22,27,27-C-1B & 27-C-2
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 1168/9870/B/PMLR/PRNK/2019 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Vijayawada

AP Capital Region Development Authority

Has approved 828 RERA projectsabout 1 in 8 in Andhra Pradesh.

an apartments market75% apartments · 25% plotted layouts. Apartments like yours are this body's core business.

Builders
595
On record
22,960 flats · 24,454 plots
Reach
25 mandals
Since
2012

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.