HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
40 flats
Unit mix
30 × 2 BHK · 10 × 3 BHK
Carpet area
65–164 sq m
Floors
5
Land area
1,718 sq m
Built-up area
4,641 sq m

Timeline

Project startedNov 2020
RERA approvedFeb 2022
Proposed completionNov 2023
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
01GROUND FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.635.653.538.7595.8813.32
02GROUND FLOOR · MADDALAVARI SRI NIVASAM2 BHK164.095.653.638.75195.4413.32
03GROUND FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.575.653.608.7599.8913.32
04GROUND FLOOR · MADDALAVARI SRI NIVASAM3 BHK82.2810.164.698.75119.2013.32
05GROUND FLOOR · MADDALAVARI SRI NIVASAM3 BHK85.808.694.358.75120.9113.32
06GROUND FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.093.148.7599.9913.32
07GROUND FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.893.148.75100.7913.32
08GROUND FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.726.083.078.7595.9413.32
101FIRST FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.635.653.538.7595.8813.32
102FIRST FLOOR · MADDALAVARI SRI NIVASAM2 BHK164.095.653.638.75195.4413.32
103FIRST FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.575.653.608.7599.8913.32
104FIRST FLOOR · MADDALAVARI SRI NIVASAM3 BHK82.2810.164.698.75119.2013.32
105FIRST FLOOR · MADDALAVARI SRI NIVASAM3 BHK85.808.694.358.75120.9113.32
106FIRST FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.093.148.7599.9913.32
107FIRST FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.893.148.75100.7913.32
108FIRST FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.726.083.078.7595.9413.32
201SECOND FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.655.653.518.7595.8813.32
202SECOND FLOOR · MADDALAVARI SRI NIVASAM2 BHK164.095.653.638.75195.4413.32
203SECOND FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.575.653.608.7599.8913.32
204SECOND FLOOR · MADDALAVARI SRI NIVASAM3 BHK82.2810.164.698.75119.2013.32
205SECOND FLOOR · MADDALAVARI SRI NIVASAM3 BHK85.808.694.358.75120.9113.32
206SECOND FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.093.148.7599.9913.32
207SECOND FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.893.148.75100.7913.32
208SECOND FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.726.083.078.7595.9413.32
301THIRD FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.635.653.538.7595.8813.32
302THIRD FLOOR · MADDALAVARI SRI NIVASAM2 BHK164.095.653.638.75195.4413.32
303THIRD FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.575.653.608.7599.8913.32
304THIRD FLOOR · MADDALAVARI SRI NIVASAM3 BHK82.2810.164.698.75119.2013.32
305THIRD FLOOR · MADDALAVARI SRI NIVASAM3 BHK85.808.694.358.75120.9113.32
306THIRD FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.093.148.7599.9913.32
307THIRD FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.893.148.75100.7913.32
308THIRD FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.726.083.078.7595.9413.32
401FOURTH FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.635.653.538.7595.8813.32
402FOURTH FLOOR · MADDALAVARI SRI NIVASAM2 BHK164.095.653.638.75195.4413.32
403FOURTH FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.575.653.608.7599.8913.32
404FOURTH FLOOR · MADDALAVARI SRI NIVASAM3 BHK82.2810.164.698.75119.2013.32
405FOURTH FLOOR · MADDALAVARI SRI NIVASAM3 BHK85.808.694.358.75120.9113.32
406FOURTH FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.093.148.7599.9913.32
407FOURTH FLOOR · MADDALAVARI SRI NIVASAM2 BHK68.696.893.148.75100.7913.32
408FOURTH FLOOR · MADDALAVARI SRI NIVASAM2 BHK64.726.083.078.7595.9413.32

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

NARASIMHA CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2022–2023Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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
Pendurthi
Mandal
Pendurthi
District
Visakhapatnam
Pincode
531173
What’s nearby
Schools1 school within 1km
HealthcareHospital 110m away · 5 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 310m away · 29+ restaurants and cafes within 1km
ShoppingSupermarket 231m away · Bank 66m away · ATM within 500m
Getting around
Expressway 2.6 km · Visakhapatnam BypassPrimary road 70 m · Vishakapatnam - Srungavarapukota - Araku RoadRailway line 1.5 kmRailway station 1.7km away (Pendurthi)2 bus stops within 500m
Water & environment
Water body 566 m
distances only — not a flood assessment
Government land classification

No residential (House Sites) class on record. The state classes this village’s land as Agricultural Land fit for H.S.. If it’s sold as residential plots, verify the layout’s conversion / approval.

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

₹8.97 Cr declared to build 40 flats. What that works out to:

₹22.43 Lakhdeclared cost per flatall-in — land + construction
₹1,796/sq ftof built-up area₹19,330/sq m
22%of the cost is land₹1,073/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
₹25,000/sq ydresidential

₹29,900/sq m · effective Feb 2025 · locality range ₹22,000–₹35,000

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 13 Nov 2020 · 5 yrs ago
Building Permit no. 1086/1777/B/Z6/OAM/2019Survey no. 234/5B

The promised possession date (13 Nov 2023) 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 1086/1777/B/Z6/OAM/2019 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.