HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
20 flats
Unit mix
10 × 2BHK · 10 × 3BHK
Carpet area
60–96 sq m
Floors
5
Land area
668 sq m
Built-up area
2,425 sq m

Timeline

Project startedSep 2023
RERA approvedNov 2023
Proposed completionSep 2026
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
1AGROUND FLOOR · MAIN BLOCK2BHK72.564.443.4717.1097.577.43
1BGROUND FLOOR · MAIN BLOCK3BHK60.0611.814.0258.85134.747.43
1CGROUND FLOOR · MAIN BLOCK3BHK86.634.033.9340.15134.747.43
1DGROUND FLOOR · MAIN BLOCK2BHK95.601.9797.577.43
2AFIRST FLOOR · MAIN BLOCK2BHK72.564.443.4717.1097.577.43
2BFIRST FLOOR · MAIN BLOCK3BHK60.0611.814.0258.85134.747.43
2CFIRST FLOOR · MAIN BLOCK3BHK86.634.033.9340.15134.747.43
2DFIRST FLOOR · MAIN BLOCK2BHK95.601.9797.577.43
3ASECOND FLOOR · MAIN BLOCK2BHK72.564.443.4717.1097.577.43
3BSECOND FLOOR · MAIN BLOCK3BHK60.0611.814.0258.85134.747.43
3CSECOND FLOOR · MAIN BLOCK3BHK86.664.033.9040.15134.747.43
3DSECOND FLOOR · MAIN BLOCK2BHK95.601.9797.577.43
4ATHIRD FLOOR · MAIN BLOCK2BHK72.564.443.4717.1097.577.43
4BTHIRD FLOOR · MAIN BLOCK3BHK60.0611.814.0258.85134.747.43
4CTHIRD FLOOR · MAIN BLOCK3BHK86.634.033.9340.15134.747.43
4DTHIRD FLOOR · MAIN BLOCK2BHK95.601.9797.577.43
5AFOURTH FLOOR · MAIN BLOCK2BHK72.564.443.4717.1097.577.43
5BFOURTH FLOOR · MAIN BLOCK3BHK60.0611.814.0258.85134.747.43
5CFOURTH FLOOR · MAIN BLOCK3BHK86.634.033.9340.15134.747.43
5DFOURTH FLOOR · MAIN BLOCK2BHK95.601.9797.577.43

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

MYTHRI VENTURES INDIA PRIVATE LIMITED

CompanyPromoter type
KrishnaBased in
1Projects
1City
2023–presentActive
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
Bakkannapalem
Mandal
Visakhapatnam(R)
District
Visakhapatnam
Pincode
530048
What’s nearby
Schools1 school within 500m
HealthcareHospital 374m away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 593m away · 5 restaurants and cafes within 1km
ShoppingSupermarket 331m away · Bank 280m away
Getting around
Primary road 1.2 km · Anakapalli - Visakhapatnam - Anandapuram Main RoadNo metro or railway within 5km2 bus stops within 500m
Water & environment
River 1.6 kmWater body 1.8 km · Relli Lake
distances only — not a flood assessment
Government land classification

No residential (House Sites) class on record. The state classes this village’s land as Dry land, 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

₹3.56 Cr declared to build 20 flats. What that works out to:

₹17.81 Lakhdeclared cost per flatall-in — land + construction
₹1,364/sq ftof built-up area₹14,683/sq m
2%of the cost is land₹85/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.

04

Planning authority

RERA Andhra Pradesh · Approved building plan

Commissioner, ULB

Municipal / Corporation · Visakhapatnam
approved 18 Sep 2023 · 2 yrs ago
Building Permit no. 1086/6554/B/Z2/BEM/2022Survey no. 73/3, 4, 5, 78/3A, 3B, 3C, 4, 5, 6, 7A, 9, 12, 80/1A, 1B, 2A, 2B, 3B, 5A, 5B, 81/6, 8, 9, 10, 11, 12 & 13
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 1086/6554/B/Z2/BEM/2022 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.