Is PROJECT 1 registered under RERA?

Yes. PROJECT 1 by VARAHA LAKSHMI NARASIMHA DEVELOPERS is on the public record with RERA Andhra Pradesh under RERA registration number P03270172398.

When is PROJECT 1 due for possession?

The promised completion date on file with RERA Andhra Pradesh is November 2024. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of PROJECT 1?

PROJECT 1 is filed by VARAHA LAKSHMI NARASIMHA DEVELOPERS (Other Than Individual), per its RERA Andhra Pradesh registration.

Which authority approved PROJECT 1?

The building permit for PROJECT 1 was approved by Director, Town and Country Planning, plan number 1086/3252/B/BMLZ/SSA/2021. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of PROJECT 1?

The declared project cost on record (land plus construction) is ₹3.1 crore. This is the cost the promoter declared to RERA Andhra Pradesh, not a sale or per-unit price.

Where is PROJECT 1 located?

PROJECT 1 is located in SANGIVALASA, Bheemunipatnam, Andhra Pradesh, as filed with RERA Andhra Pradesh.

PROJECT 1 RERA, Bheemunipatnam, Andhra Pradesh — the public record

Name: PROJECT 1 — public record
Creator: RERA Andhra Pradesh

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Detailed Report

PROJECT 1

P03270172398 · RERA Andhra Pradesh · https://gethorizon.in/projects/project-1-sangivalasa-bheemunipatnam-gsftnlt3

Complete project overview

RERA Andhra Pradesh · Registration filing

Units: 20 flats
Unit mix: 20 × 2BHK
Carpet area: 56–59 sq m
Floors: 5
Land area: 482 sq m
Built-up area: 1,577 sq m

Timeline

Project startedJan 2022

RERA approvedMar 2022

Proposed completionNov 2024

TodaySep 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

01FIRST · 12BHK59.445.726.8420.9092.907.43

01FOURTH · 12BHK59.445.726.8420.9092.907.43

01GROUND · 12BHK59.445.726.8420.9092.907.43

01SECOND · 12BHK59.445.726.8420.9092.907.43

01THIRD · 12BHK59.445.726.8420.9092.907.43

02FIRST · 12BHK59.185.776.5921.3692.907.43

02FOURTH · 12BHK59.185.776.5921.3692.907.43

02GROUND · 12BHK59.185.776.5921.3692.907.43

02SECOND · 12BHK59.185.776.5921.3692.907.43

02THIRD · 12BHK59.185.776.5921.3692.907.43

03FIRST · 12BHK56.117.257.7121.8392.907.43

03FOURTH · 12BHK56.117.257.7121.8392.907.43

03GROUND · 12BHK56.117.257.7121.8392.907.43

03SECOND · 12BHK56.117.257.7121.8392.907.43

03THIRD · 12BHK56.117.257.7121.8392.907.43

04FIRST · 12BHK56.567.116.9422.2992.907.43

04FOURTH · 12BHK56.567.116.9422.2992.907.43

04GROUND · 12BHK56.567.116.9422.2992.907.43

04SECOND · 12BHK56.567.116.9422.2992.907.43

04THIRD · 12BHK56.567.116.9422.2992.907.43

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.

All 20 units as filed, two to a row · areas in sq m
Unit	Type	Carpet	Balcony	Outer wall	Common	Total	Parking	Unit	Type	Carpet	Balcony	Outer wall	Common	Total	Parking
01FIRST · 1	2BHK	59.44	5.72	6.84	20.90	92.90	7.43	01FOURTH · 1	2BHK	59.44	5.72	6.84	20.90	92.90	7.43
01GROUND · 1	2BHK	59.44	5.72	6.84	20.90	92.90	7.43	01SECOND · 1	2BHK	59.44	5.72	6.84	20.90	92.90	7.43
01THIRD · 1	2BHK	59.44	5.72	6.84	20.90	92.90	7.43	02FIRST · 1	2BHK	59.18	5.77	6.59	21.36	92.90	7.43
02FOURTH · 1	2BHK	59.18	5.77	6.59	21.36	92.90	7.43	02GROUND · 1	2BHK	59.18	5.77	6.59	21.36	92.90	7.43
02SECOND · 1	2BHK	59.18	5.77	6.59	21.36	92.90	7.43	02THIRD · 1	2BHK	59.18	5.77	6.59	21.36	92.90	7.43
03FIRST · 1	2BHK	56.11	7.25	7.71	21.83	92.90	7.43	03FOURTH · 1	2BHK	56.11	7.25	7.71	21.83	92.90	7.43
03GROUND · 1	2BHK	56.11	7.25	7.71	21.83	92.90	7.43	03SECOND · 1	2BHK	56.11	7.25	7.71	21.83	92.90	7.43
03THIRD · 1	2BHK	56.11	7.25	7.71	21.83	92.90	7.43	04FIRST · 1	2BHK	56.56	7.11	6.94	22.29	92.90	7.43
04FOURTH · 1	2BHK	56.56	7.11	6.94	22.29	92.90	7.43	04GROUND · 1	2BHK	56.56	7.11	6.94	22.29	92.90	7.43
04SECOND · 1	2BHK	56.56	7.11	6.94	22.29	92.90	7.43	04THIRD · 1	2BHK	56.56	7.11	6.94	22.29	92.90	7.43

Builder’s track record

RERA Andhra Pradesh · Builder registration

VARAHA LAKSHMI NARASIMHA DEVELOPERS

Partnership/LLP FirmPromoter type

VisakhapatnamBased in

1Projects

1City

2022–2024Active

Timelineevery project, start → promised completion

PROJECT 1

this project

Residential

Jan 2022started

Nov 2024target completion

20 flats1,577 sq m₹3.10 Cr

The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

Location & price analysis

RERA Andhra Pradesh · Registration filing

≈ area only · geocoded, verified but not exact · 17.9222, 83.4153 · © OpenStreetMap contributors

Village: SANGIVALASA
Mandal: Bheemunipatnam
District: Visakhapatnam
Pincode: 531163

What’s nearby

SchoolsNo schools within 2km

HealthcareHospital 1.0km away

LifestyleNo parks within 2km

ShoppingNo supermarket within 2km

Getting around

Expressway 315 mPrimary road 1.2 kmNo metro or railway within 5kmLimited bus connectivity nearby

Water & environment

Water body 535 mRiver 1.0 km · GosthaniCanal 2.3 km

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, Coconut Garden, Land abutting NH/SH/ZPP/MPP, 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

₹3.10 Cr declared to build 20 flats. What that works out to:

₹15.50 Lakhdeclared cost per flatall-in — land + construction

₹1,827/sq ftof built-up area₹19,663/sq m

0%of the cost is land₹0/sq ft of land

This is what the builder 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 Rate

AP Registration & Stamps

In Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.

₹16,000per sq yd

₹19,136per sq m

Which rate: residential (urban)
Matched to: The rate published for the village of “SANGIVALASA”.
In force: effective Feb 2025

What this number is — and isn’t

The minimum value Andhra Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.

Planning authority

RERA Andhra Pradesh · Approved building plan

Director, Town and Country Planning

Town & Country Planning (DTCP) · 7-41-160, SANGIVALASA,BACK SIDE ANIL NEERUKONDA HOSPITAL, SANGIVALSA, BHEEMUNIPATNAM, VISAKHAPATNAM

approved 30 Nov 2021 · 4 yrs ago

Building Permit no. 1086/3252/B/BMLZ/SSA/2021Survey no. 74 P

The promised possession date (30 Nov 2024) 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

An approved 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 approved plan carries penalty or demolition risk.

Verify it yourself — look up plan 1086/3252/B/BMLZ/SSA/2021 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the approval.

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 7-41-160, SANGIVALASA,BACK SIDE ANIL NEERUKONDA HOSPITAL, SANGIVALSA, BHEEMUNIPATNAM, 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.

See every project approved by RERA Andhra Pradesh→

Complaints & litigation

RERA Andhra Pradesh · public record

Complaints register

Not published. RERA Andhra Pradesh doesn’t publish a complaints register in the record Horizon reads.

So there is nothing to count here — which is not the same as nothing having been filed.

What the builder declared

Declared to RERA Andhra Pradesh

Litigation: None declared in this filing

Only what the builder declared, or what RERA Andhra Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

G K GROUP

Aug 2025registered

Mar 2027target completion

Declared cost₹4.27 CrScale20 flatsAuthorityRERA Andhra Pradesh

Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Andhra Pradesh, as the builder submitted it.
02Builder's track record
- RERA Andhra Pradesh: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location & price analysis
- Address, pincode and declared cost: the RERA Andhra Pradesh filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- Land classification: AP Registration & Stamps.
- Map: © OpenStreetMap contributors (ODbL).
04Government Guidance Rate
- AP Registration & Stamps.
05Planning authority
- RERA Andhra Pradesh: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
- RERA Andhra Pradesh's public record lists no complaints or litigation for this project.
07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/project-1-sangivalasa-bheemunipatnam-gsftnlt3.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.