HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Plots
68
Plotted area
9,227 sq m
Open spaces
1,821 sq m
Roads
6,111 sq m

Timeline

Project startedMay 2018
RERA approvedFeb 2020
Proposed completionMay 2021
TodayJul 2026

Find your plot

Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeTotal sq m
1Plot233.28
2Plot200.67
3Plot185.62
4Plot136.29
5Plot75.25
6Plot75.25
7Plot75.25
8Plot75.25
9Plot75.25
10Plot75.25
11Plot75.25
12Plot150.50
13Plot150.50
14Plot167.23
15Plot83.61
16Plot83.61
17Plot83.61
18Plot83.61
19Plot83.61
20Plot83.61
21Plot83.61
22Plot83.61
23Plot83.61
24Plot456.53
25Plot139.35
26Plot139.35
27Plot139.35
28Plot139.35
29Plot139.35
30Plot139.35
31Plot111.52
32Plot323.58
33Plot167.23
34Plot167.23
35Plot167.23
36Plot167.23
37Plot167.23
38Plot167.23
39Plot167.23
40Plot167.23
41Plot167.23
42Plot167.23
43Plot167.23
44Plot167.23
45Plot275.41
46Plot278.71
47Plot139.35
48Plot139.35
49Plot139.35
50Plot139.35
51Plot139.35
52Plot139.35
53Plot139.35
54Plot139.35
55Plot139.35
56Plot139.35
57Plot139.35
58Plot139.35
59Plot139.35
60Plot139.35
61Plot139.35
62Plot139.35
63Plot139.35
64Plot139.35
65Plot139.35
66Plot139.35
67Plot139.35
68Plot139.35

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

CHILAKA SATHYANARAYANA

IndividualPromoter type
Visakhapatnam, Andhra PradeshBased in
3Projects
2Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
233 plotson the public record across 3 projects
36,216 sq mplotted area
68,552 sq mland declared
₹22.09 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
P.S. Bonangi
Mandal
Paravada
District
Visakhapatnam
Pincode
535160
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.5 km · Vizianagaram - S Kota RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Canal 538 mWater body 1.2 kmRiver 2.6 km · Gosthani
distances only — not a flood assessment
Government land classification

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

AP Registration & Stamps
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

₹2.36 Cr declared to build 68 plots. What that works out to:

₹3.47 Lakhdeclared cost per plotall-in — land + construction
₹238/sq ftof plotted area₹2,561/sq m
49%of the cost is land₹63/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
₹7,000/sq ydHouse Sites

₹8,372/sq m · effective Feb 2025 · revised up from ₹5,000

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

Vice Chairman, UDA

Urban Development Authority · Visakhapatnam
approved 26 May 2018 · 8 yrs ago
Layout Permit no. 44/2018Survey no. 2/3p

The promised possession date (26 May 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 44/2018 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. Layouts like yours are the smaller share here — this body mostly approves apartments.

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.