MaddilapalemCommercial
GLK TOWERS
M/S.JAYARAM CONSTRUCTIONS REP BY ITS PROPRIETOR MALLADI PHANENDRA REDDY
Mar 2026registered
Dec 2028target completion
Declared cost₹4.66 CrAuthorityRERA Andhra Pradesh
KOTA ENCLAVE
Timeline
Project startedJan 2025
RERA approvedAug 2026
Proposed completionJan 2028
TodaySep 2026
02
Builder’s track record
RERA Andhra Pradesh · Builder registrationJAYARAM ESTATES & NIRMAN
Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2026–presentActive
Timelineevery project, start → promised completion
The only project Horizon has read from this builder so far. 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
- Resappuvanipalem
- Mandal
- Visakhapatnam(U)
- District
- Visakhapatnam
- Pincode
- 530013
What’s nearby
Schools1 school within 500m · 3 educational institutions within 1km · College or university 363m away
HealthcareHospital 73m away · 5 clinics within 1km · Pharmacy within 500m
LifestylePark 703m away · Gym or sports centre 702m away · 35+ restaurants and cafes within 1km
ShoppingSupermarket 488m away · Mall 1.8km away · Convenience store within 1km
Getting around
Primary road 398 m · Anakapalli - Visakhapatnam RoadRailway line 2.5 kmRailway station 2.8km away (Visakhapatnam)3 bus stops within 500m
Water & environment
River 916 mWater body 2.0 km
distances only — not a flood assessmentDeclared external development% complete as filed at registration — no progress updates are published, so this is a starting-line snapshot.
Roads0%
Water supply0%
Sewage0%
Electricity0%
Solid waste0%
Fire safety0%
Water0%
Emergency exits0%
Renewable energy0%
Price analysisdeclared build cost — not a sale price
₹1.86 Cr declared. What that works out to:
3%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 & StampsIn Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.
₹95,000per sq yd
₹1,13,619per sq m
- Which rate
- residential (urban)
- Matched to
- The rate published for the village of “Resappuvanipalem”.
- In force
- effective Feb 2025
- Spread
- ₹90,000 – ₹1,10,000 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 planapproved 31 Jan 2025 · 1 yr ago
Building Permit no. 1086/4722/B/Z3/REM/2024Survey no. 6
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 1086/4722/B/Z3/REM/2024 on the approving authority’s portal to confirm the approval.
The approving body, at scale
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.
06
Complaints & litigation
RERA Andhra Pradesh · public recordComplaints register
Not published. RERA Andhra Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Andhra Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Andhra Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Andhra Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km9 commercial projects still under way within 25 km. Step out ring by ring:
1 project within 1 km — showing the nearest 1.
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.