HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
49 flats
Unit mix
30 × 2BHK · 19 × 3BHK
Carpet area
61–91 sq m
Floors
5
Land area
2,169 sq m
Built-up area
6,717 sq m

Timeline

Project startedSep 2018
RERA approvedMar 2019
Proposed completionSep 2021
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 · MAIN BLOCK3BHK90.959.067.9426.76134.7124.56
102Ground Floor · MAIN BLOCK2BHK70.607.116.3620.90104.9824.56
103Ground Floor · MAIN BLOCK2BHK61.417.035.9518.5892.9024.56
104Ground Floor · MAIN BLOCK3BHK90.959.057.9526.76134.7124.56
105Ground Floor · MAIN BLOCK3BHK626.925.4418.5892.9024.56
106Ground Floor · MAIN BLOCK2BHK65.596.136.4119.4297.5524.56
107Ground Floor · MAIN BLOCK2BHK67.076.066.7619.9799.8724.56
108Ground Floor · MAIN BLOCK3BHK82.7713.037.6925.64129.1324.56
109Ground Floor · MAIN BLOCK2BHK70.708.316.6421.18106.8424.56
110Ground Floor · MAIN BLOCK2BHK67.466.977.5220.35102.1924.56
111Ground Floor · MAIN BLOCK2BHK68.667.016.2420.35102.1924.56
201First Floor · MAIN BLOCK3BHK90.959.067.9426.76134.7124.56
202First Floor · MAIN BLOCK2BHK70.607.116.3620.90104.9824.56
203First Floor · MAIN BLOCK2BHK61.417.035.9518.5892.9024.56
204First Floor · MAIN BLOCK3BHK90.959.057.9526.76134.7124.56
205First Floor · MAIN BLOCK3BHK626.925.4418.5892.9024.56
206First Floor · MAIN BLOCK2BHK65.596.136.4119.4297.5524.56
207First Floor · MAIN BLOCK2BHK67.076.066.7619.9799.8724.56
208First Floor · MAIN BLOCK3BHK82.7713.037.6925.64129.1324.56
209First Floor · MAIN BLOCK2BHK70.708.316.6421.18106.8424.56
210First Floor · MAIN BLOCK2BHK67.466.977.5220.35102.1924.56
211First Floor · MAIN BLOCK2BHK68.667.016.2420.35102.1924.56
301Second Floor · MAIN BLOCK3BHK90.959.067.9426.76134.7124.56
302Second Floor · MAIN BLOCK2BHK70.607.116.3620.90104.9824.56
303Second Floor · MAIN BLOCK2BHK61.417.035.9518.5892.9024.56
304Second Floor · MAIN BLOCK3BHK90.959.057.9526.76134.7124.56
305Second Floor · MAIN BLOCK3BHK626.925.4418.5892.9024.56
306Second Floor · MAIN BLOCK2BHK65.596.136.4119.4297.5524.56
307Second Floor · MAIN BLOCK2BHK67.076.066.7619.9799.8724.56
308Second Floor · MAIN BLOCK3BHK82.7713.037.6925.64129.1324.56
309Second Floor · MAIN BLOCK2BHK70.708.316.6421.18106.8424.56
310Second Floor · MAIN BLOCK2BHK67.466.977.5220.35102.1924.56
311Second Floor · MAIN BLOCK2BHK68.667.016.2420.35102.1924.56
401Third Floor · MAIN BLOCK3BHK90.959.067.9426.76134.7124.56
402Third Floor · MAIN BLOCK2BHK70.607.116.3620.90104.9824.56
403Third Floor · MAIN BLOCK2BHK61.417.035.9518.5892.9024.56
404Third Floor · MAIN BLOCK3BHK90.959.057.9526.76134.7124.56
405Third Floor · MAIN BLOCK3BHK626.925.4418.5892.9024.56
406Third Floor · MAIN BLOCK2BHK65.596.136.4119.4297.5524.56
407Third Floor · MAIN BLOCK2BHK67.076.066.7619.9799.8724.56
408Third Floor · MAIN BLOCK3BHK82.7713.037.6925.64129.1324.56
409Third Floor · MAIN BLOCK2BHK70.708.316.6421.18106.8424.56
410Third Floor · MAIN BLOCK2BHK67.466.977.5220.35102.1924.56
411Third Floor · MAIN BLOCK2BHK68.667.016.2420.35102.1924.56
501Fourth Floor · MAIN BLOCK3BHK90.959.067.9426.76134.7124.56
502Fourth Floor · MAIN BLOCK2BHK70.607.116.3620.90104.9824.56
503Fourth Floor · MAIN BLOCK2BHK61.417.035.9518.5892.9024.56
504Fourth Floor · MAIN BLOCK3BHK90.959.057.9526.76134.7124.56
505Fourth Floor · MAIN BLOCK3BHK626.925.4418.5892.9024.56

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

LAKSHMI SRI VENKATESWARA CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
6Projects
2Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
164 homeson the public record across 6 projects
20,299 sq mbuilt-up filed
6,238 sq mland declared
₹30.86 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.

Planning authoritiesthis builder's portfolio, by approving body
Commissioner, ULBMunicipal / Corporation5 of 6 projects
Vice Chairman, UDAUrban Development Authoritythis project1 of 6 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Visakhapatnam
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530026
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

₹14.23 Cr declared to build 49 flats. What that works out to:

₹29.05 Lakhdeclared cost per flatall-in — land + construction
₹1,969/sq ftof built-up area₹21,193/sq m
33%of the cost is land₹2,025/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
₹65,000/sq ydresidential

₹77,739/sq m · effective Feb 2025 · locality range ₹60,000–₹1,12,000

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

Vice Chairman, UDA

Urban Development Authority · Visakhapatnam
approved 3 Sep 2018 · 7 yrs ago
Building Permit no. 1086/1460/B/Z5/CDA/2018Survey no. 121/14, 121/15 & 121/16,

The promised possession date (3 Sep 2021) 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 1086/1460/B/Z5/CDA/2018 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Visakhapatnam

Municipal Corporation

Has approved 1,344 RERA projectsabout 1 in 5 in Andhra Pradesh, more than any other body in the state.

an apartments market87% 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.