HORIZONMarkets

Timeline

Project startedFeb 2019
RERA approvedJun 2019
Proposed completionFeb 2025
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

PRIME VENTURES INDIA LLP

Partnership/LLP FirmPromoter type
GunturBased in
2Projects
1City
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
47,159 sq mbuilt-up filed
56,712 sq mland declared
₹107.15 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
MANGALAGIRI (U)
Mandal
Mangalagiri
District
Guntur
Pincode
522503
What’s nearby
Schools1 school within 500m · College or university 1.4km away
HealthcareHospital 613m away · 5 clinics within 1km
LifestylePark 993m away · 4 restaurants and cafes within 1km
ShoppingSupermarket 216m away · Mall 512m away · Bank 14m away
Getting around
Expressway 2.2 km · Vijayawada West BypassPrimary road 128 m · Tenali - Mangalagiri RoadRailway line 968 mRailway station 1.2km away (Mangalagiri)Bus stop within 1km
Water & environment
Water body 314 m
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Dry land, Agricultural Land fit for H.S., Wet Land double crop, Land abutting NH/SH/ZPP/MPP. 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

₹65.06 Cr declared. What that works out to:

1%of the cost is 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
₹16,000/sq ydresidential

₹19,136/sq m · effective Dec 2025 · locality range ₹13,000–₹40,000

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

Commissioner, APCRDA

Municipal / Corporation · Mangalagiri
approved 26 Feb 2019 · 7 yrs ago
Building Permit no. 1023/0145/B/MANG/NRC/2018Survey no. 142

The promised possession date (26 Feb 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 1023/0145/B/MANG/NRC/2018 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Mangalagiri

AP Capital Region Development Authority

Has approved 76 RERA projects1.1% of Andhra Pradesh.

an apartments market80% apartments · 20% plotted layouts. Apartments like yours are this body's core business.

Builders
65
On record
5,837 flats · 2,040 plots
Reach
9 mandals
Since
2015

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.