HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
20 flats
Unit mix
20 × 2BHK
Carpet area
59–61 sq m
Floors
5
Land area
872 sq m
Built-up area
2,029 sq m

Timeline

Project startedMar 2024
RERA approvedJan 2025
Proposed completionMar 2027
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
101Gr Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
102Gr Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
103Gr Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
104Gr Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
201First Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
202First Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
203First Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
204First Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
301Second Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
302Second Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
303Second Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
304Second Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
401Third Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
402Third Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
403Third Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
404Third Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
501Forth Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
502Forth Floor · LALITHA SARADHA APARTMENTS2BHK61.2528.2520.52101.349.32
503Forth Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32
504Forth Floor · LALITHA SARADHA APARTMENTS2BHK59.473.698.3420.52101.349.32

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

MALIREDDY RAKESH REDDY

IndividualPromoter type
Krishna, Andhra PradeshBased in
2Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
30 homeson the public record across 2 projects
3,724 sq mbuilt-up filed
1,373 sq mland declared
₹9.75 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, APCRDAMunicipal / Corporationthis project1 of 2 projects
Commissioner, ULBMunicipal / Corporation1 of 2 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
VIJAYAWADA(URBAN)
Mandal
Vijayawada Urban
District
Krishna
Pincode
520007
What’s nearby
Schools1 school within 1km · 5 educational institutions within 1km · College or university 850m away
HealthcareHospital 856m away · Clinic within 2km · Pharmacy within 1km
LifestylePark 955m away · Gym or sports centre 1.4km away · 7 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Mall 1.2km away · Convenience store within 1km
Getting around
Expressway 2.3 kmPrimary road 1.6 km · Old NH16 RoadRailway line 2.1 kmRailway station 2.4km away (Ramavarappadu)Bus stop within 1km
Water & environment
Water body 576 m
distances only — not a flood assessment
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

₹5.05 Cr declared to build 20 flats. What that works out to:

₹25.24 Lakhdeclared cost per flatall-in — land + construction
₹2,312/sq ftof built-up area₹24,881/sq m
37%of the cost is land₹1,969/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
₹83,000/sq ydresidential

₹99,267/sq m · effective Feb 2025 · locality range ₹39,000–₹1,15,000

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

Commissioner, APCRDA

Municipal / Corporation · Vijayawada
approved 7 Mar 2024 · 2 yrs ago
Building Permit no. 1192/0176/B/YSRTDP/MRNGR/2023Survey no. 27/9
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 1192/0176/B/YSRTDP/MRNGR/2023 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.