HORIZONMarkets
01

Complete project overview

RERA Telangana · Registration filing
Units
20 units
Unit mix
20 × 2BHK
Saleable area
102 sq mper unit, as filed
Floors
5
Land area
669 sq m
Built-up area
1,705 sq m

Timeline

RERA approvedJan 2024
Proposed completionJan 2030
TodayJul 2026
Construction progress

24% overall, as filed

Basement & plinth0%
Podiums0%
Internal finishes0%
Flat fit-out0%
External finishes0%
OC-readiness0%
Stairs & lifts10%
Superstructure40%
Stilt floor90%
Excavation100%
Per-stage % as filed with the authority — a snapshot, not a live tracker. The lowest figure across every building/block, so no stage reads further along than the project’s slowest block.

Find your flat

Filed by floor and type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

20 of 20 available
BuildingFloorTypeArea sq mAvailable
PARNIKAS ROYAL VIEW12BHKmortgaged1022 of 2
PARNIKAS ROYAL VIEW12BHK1022 of 2
PARNIKAS ROYAL VIEW22BHK1024 of 4
PARNIKAS ROYAL VIEW32BHK1024 of 4
PARNIKAS ROYAL VIEW42BHK1024 of 4
PARNIKAS ROYAL VIEW52BHK1024 of 4

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. As filed at registration, in the batches the promoter declared — not a live booking system. "Mortgaged" batches were declared under mortgage to a bank/lender for project finance — check with the promoter that any specific flat is released before relying on clear title.

02

Builder’s track record

RERA Telangana · Promoter registration

PARNIKACONSTRUCTIONS

ProprietorshipPromoter type
Ranga Reddy, TelanganaBased in
2Projects
2Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
20 homeson the public record across 2 projects
3,270 sq mbuilt-up filed
1,277 sq mland declared

These are sums of what the promoter has put on the public record across their projects — a sense of how big a builder this is, 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 Telangana · Registration filing
Locality
KANDI
Village
KANDI
Mandal
KANDI
District
Sangareddy
Pincode
502285
North boundary
PLOT NO 63 AND PLOT NO 78
East boundary
30 WIDE ROAD
South boundary
PLOT NO 66 AND PLOT NO 75
West boundary
30 WIDE ROAD
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.5km away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.3km away
Getting around
Expressway 57 mPrimary road 9 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 935 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 Dry land, Wet Land double crop. If it’s sold as residential plots, verify the layout’s conversion / approval.

Telangana Registration & Stamps
Declared external development
Water supply100%
Roads0%
Sewerage (Chamber,…0%
Rainwater0%
Green Strip/TOT LO…0%
Street lighting0%
Community Building…0%
Sewage0%
Solid waste0%
Rainwater0%
Renewable energy0%
Fire safety0%
Electricity0%
Aggregate area of …0%
% complete as filed at registration — no progress updates are published, so this is a starting-line snapshot.
Price analysisno declared cost on this filing — one government benchmark below

This state’s RERA filing carries no declared build cost at all — nothing to turn into a per-unit or per-sq-ft figure here. The one real, government-sourced number below is the closest thing to a benchmark this record can offer.

Government guidance value
₹3,700/sq ydresidential

₹4,425/sq m · effective May 2026 · apartments ₹2,500/sq ft, same source

The state’s minimum value for this locality’s land, set for stamp duty — a floor, not a market price. Source: Telangana Registration & Stamps.

04

Planning authority

RERA Telangana · Approved building plan

Hyderabad Metropolitan Development Authority (HMDA)

Urban Development Authority
Building Permit
Survey no. 824
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.

The approving body, at scale

HMDA

Urban Development Authority · Hyderabad metropolitan periphery

Has approved 3,643 RERA projectsabout 1 in 3 in Telangana.

an apartments market72% apartments · 28% plotted layouts. Apartments like yours are this body's core business.

Builders
2,462
On record
3,98,695 flats · 1,96,015 plots
Reach
71 mandals
Since
2016

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 Telangana does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RERA Telangana does not publish a complaints register. This read cannot speak to them either way.