HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 3BHK
Carpet area
87–89 sq m
Floors
5
Land area
397 sq m
Built-up area
1,499 sq m

Timeline

Project startedMar 2025
RERA approvedApr 2025
Proposed completionJan 2028
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 · KOSURU RESIDENCY3BHK89.252.5733.21151.1624.75
102GROUND FLOOR · KOSURU RESIDENCY3BHK87.401.9133.21148.6524.75
201FIRST FLOOR · KOSURU RESIDENCY3BHK89.252.5733.21151.1624.75
202FIRST FLOOR · KOSURU RESIDENCY3BHK87.401.9133.21148.6524.75
301SECOND FLOOR · KOSURU RESIDENCY3BHK89.252.5733.21151.1624.75
302SECOND FLOOR · KOSURU RESIDENCY3BHK87.401.9133.21148.6524.75
401THIRD FLOOR · KOSURU RESIDENCY3BHK89.252.5733.21151.1624.75
402THIRD FLOOR · KOSURU RESIDENCY3BHK87.401.9133.21148.6524.75
501FOURTH FLOOR · KOSURU RESIDENCY3BHK89.252.5733.21151.1624.75
502FOURTH FLOOR · KOSURU RESIDENCY3BHK87.401.9133.21148.6524.75

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

VASIREDDY SREENIVAS

IndividualPromoter type
Visakhapatnam, Andhra PradeshBased in
5Projects
2Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
50 homeson the public record across 5 projects
8,520 sq mbuilt-up filed
2,473 sq mland declared
₹24.80 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
Chinawaltair
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530017
What’s nearby
Schools1 school within 1km · College or university 1.0km away · Library 1.6km away
HealthcareHospital 381m away · 4 clinics within 1km · Pharmacy within 500m
LifestylePark 1.8km away · Gym or sports centre 712m away · 8 restaurants and cafes within 1km
ShoppingSupermarket 76m away · Mall 963m away · Convenience store within 1km
Getting around
Primary road 57 mRailway line 3.8 kmRailway station 3.8km away (Visakhapatnam)4 bus stops within 500m
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

₹4.98 Cr declared to build 10 flats. What that works out to:

₹49.80 Lakhdeclared cost per flatall-in — land + construction
₹3,086/sq ftof built-up area₹33,218/sq m
49%of the cost is land₹5,680/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
₹90,000/sq ydresidential

₹1,07,639/sq m · effective Feb 2025 · locality range ₹70,000–₹90,000

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
approved 10 Jan 2025 · 1 yr ago
Building Permit no. 1086/4955/B/Z3/CIR/2024Survey no. 88/b2
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 1086/4955/B/Z3/CIR/2024 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

The local planning authority

The body that sanctioned this project. It has approved 562 RERA projects across 8 mandals about 1 in 12 in Andhra Pradesh.

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.