HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 3BHK
Carpet area
94–97 sq m
Floors
5
Land area
446 sq m
Built-up area
1,471 sq m

Timeline

Project startedAug 2020
RERA approvedFeb 2021
Proposed completionAug 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
101GROUND FLOOR · PARTHA SREEKAR RESIDENCY3BHK97.157.705.168.3514424.28
102GROUND FLOOR · PARTHA SREEKAR RESIDENCY3BHK94.036.294.923.82134.7124.28
201FIRST FLOOR · PARTHA SREEKAR RESIDENCY3BHK97.157.705.168.3514424.28
202FIRST FLOOR · PARTHA SREEKAR RESIDENCY3BHK94.036.294.923.82134.7124.28
301SECOND FLOOR · PARTHA SREEKAR RESIDENCY3BHK97.157.705.168.3514424.28
302SECOND FLOOR · PARTHA SREEKAR RESIDENCY3BHK94.036.294.923.82134.7124.28
401THIRD FLOOR · PARTHA SREEKAR RESIDENCY3BHK97.157.705.168.3514424.28
402THIRD FLOOR · PARTHA SREEKAR RESIDENCY3BHK94.036.294.923.82134.7124.28
501FOURTH FLOOR · PARTHA SREEKAR RESIDENCY3BHK97.157.705.168.3514424.28
502FOURTH FLOOR · PARTHA SREEKAR RESIDENCY3BHK94.036.294.923.82134.7124.28

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

SIVARAMA CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
2Projects
2Cities
2020–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
20 homeson the public record across 2 projects
2,792 sq mbuilt-up filed
817 sq mland declared
₹9.36 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
Vepagunta
Mandal
Pendurthi
District
Visakhapatnam
Pincode
530047
What’s nearby
SchoolsNearest school 1.5km away
HealthcareHospital 903m away · Pharmacy within 1km
Lifestyle1 park within 500m · 3 restaurants and cafes within 1km
ShoppingSupermarket 173m away
Getting around
Primary road 154 m · Simhachalam - Pinagadi RoadRailway line 3.1 kmRailway station 3.1km away (Simhachalam North)3 bus stops within 500m
Water & environment
River 111 m
distances only — not a flood assessment
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

₹3.66 Cr declared to build 10 flats. What that works out to:

₹36.65 Lakhdeclared cost per flatall-in — land + construction
₹2,315/sq ftof built-up area₹24,917/sq m
41%of the cost is land₹3,105/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

Director, Town and Country Planning

Town & Country Planning (DTCP) · S.NO.161/1, SIMHAPURI COLONY, VEPAGUNTA, VISAKHAPATNAM
approved 14 Aug 2020 · 5 yrs ago
Building Permit no. 1086/1161/B/Z6/SNY/2020Survey no. 161/1

The promised possession date (14 Aug 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 1086/1161/B/Z6/SNY/2020 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 S.NO.161/1, SIMHAPURI COLONY, VEPAGUNTA, VISAKHAPATNAM 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.