HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
30 flats
Unit mix
30 × 2BHK
Carpet area
59–61 sq m
Floors
5
Land area
999 sq m
Built-up area
3,098 sq m

Timeline

Project startedMar 2022
RERA approvedJul 2022
Proposed completionJan 2025
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 · NAIDU'S TOWERS2BHK60.485.7423.7389.957.80
102Ground Floor · NAIDU'S TOWERS2BHK60.505.7623.6989.957.80
103Ground Floor · NAIDU'S TOWERS2BHK60.765.7623.4389.957.80
104Ground Floor · NAIDU'S TOWERS2BHK59.495.7424.7289.957.80
105Ground Floor · NAIDU'S TOWERS2BHK59.915.7624.2889.957.80
106Ground Floor · NAIDU'S TOWERS2BHK60.115.7624.0889.957.80
201First Floor · NAIDU'S TOWERS2BHK60.485.7423.7389.957.80
202First Floor · NAIDU'S TOWERS2BHK60.515.7623.6989.967.80
203First Floor · NAIDU'S TOWERS2BHK60.765.7623.4389.957.80
204First Floor · NAIDU'S TOWERS2BHK59.495.7424.7289.957.80
205First Floor · NAIDU'S TOWERS2BHK59.915.7624.2889.957.80
206First Floor · NAIDU'S TOWERS2BHK60.115.7624.0889.957.80
301Second Floor · NAIDU'S TOWERS2BHK60.485.7423.7389.957.80
302Second Floor · NAIDU'S TOWERS2BHK60.515.7623.6989.967.80
303Second Floor · NAIDU'S TOWERS2BHK60.765.7623.4389.957.80
304Second Floor · NAIDU'S TOWERS2BHK59.495.7424.7289.957.80
305Second Floor · NAIDU'S TOWERS2BHK59.915.7624.2889.957.80
306Second Floor · NAIDU'S TOWERS2BHK60.115.7624.0889.957.80
401Third Floor · NAIDU'S TOWERS2BHK60.485.7423.7389.957.80
402Third Floor · NAIDU'S TOWERS2BHK60.515.7623.6989.967.80
403Third Floor · NAIDU'S TOWERS2BHK60.765.7623.4389.957.80
404Third Floor · NAIDU'S TOWERS2BHK59.495.7424.7289.957.80
405Third Floor · NAIDU'S TOWERS2BHK59.915.7624.2889.957.80
406Third Floor · NAIDU'S TOWERS2BHK60.115.7624.0889.957.80
501Fourth Floor · NAIDU'S TOWERS2BHK60.485.7423.7389.957.80
502Fourth Floor · NAIDU'S TOWERS2BHK60.515.7623.6989.967.80
503Fourth Floor · NAIDU'S TOWERS2BHK60.765.7623.4389.957.80
504Fourth Floor · NAIDU'S TOWERS2BHK59.495.7424.7289.957.80
505Fourth Floor · NAIDU'S TOWERS2BHK59.915.7624.2889.957.80
506Fourth Floor · NAIDU'S TOWERS2BHK60.115.7624.0889.957.80

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

NAIDU CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
4Projects
1City
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
97 homeson the public record across 4 projects
11,038 sq mbuilt-up filed
3,172 sq mland declared
₹12.31 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
Narsipatnam
Mandal
Narsipatnam
District
Visakhapatnam
Pincode
531116
What’s nearby
SchoolsNearest school 1.2km away
HealthcareHospital 1.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 170 m · Bheemunipatnam - Narsipatnam RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.0 kmRiver 4.2 km · Varaha
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

₹4.33 Cr declared to build 30 flats. What that works out to:

₹14.43 Lakhdeclared cost per flatall-in — land + construction
₹1,298/sq ftof built-up area₹13,970/sq m
6%of the cost is land₹225/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

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

Director, Town and Country Planning

Town & Country Planning (DTCP) · PREMISES NO- 9-18/1, PLOT NO.21, NARSIPATNAM, VISAKHAPATNAM, ANDHRA PRADESH-531116
approved 13 Jan 2022 · 4 yrs ago
Building Permit no. 1167/0091/B/NRSP/LXPM/2021Survey no. 416

The promised possession date (13 Jan 2025) 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 1167/0091/B/NRSP/LXPM/2021 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the sanction.

The approving body, at scale

Director, Town & Country Planning (DTCP)

Andhra Pradesh's statewide town-planning directorate. It has approved 1,597 RERA projects across 13 mandals about 1 in 4 in Andhra Pradesh.

This project sits in its PREMISES NO- 9-18/1, PLOT NO.21, NARSIPATNAM, VISAKHAPATNAM, ANDHRA PRADESH-531116 area — a smaller local market, with too few RERA projects on record to profile on its own.

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.