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RATNAMALA HOMES

P03290014375 · RERA Andhra Pradesh · https://gethorizon.in/projects/ratnamala-homes-visakhapatnam-u-luhosall

01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
15 flats
Unit mix
15 × 2BHK
Carpet area
77–94 sq m
Floors
5
Land area
659 sq m
Built-up area
1,912 sq m

Timeline

Project startedNov 2023
RERA approvedJan 2024
Proposed completionNov 2026
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
101GROUND FLOOR · MAIN BLOCK2BHK93.665.893.5613.94117.057.43
102GROUND FLOOR · MAIN BLOCK2BHK76.976.432.6521.53107.587.43
103GROUND FLOOR · MAIN BLOCK2BHK92.735.973.3015.05117.057.43
201FIRST FLOOR · MAIN BLOCK2BHK93.665.893.5613.94117.057.43
202FIRST FLOOR · MAIN BLOCK2BHK76.976.432.6521.53107.587.43
203FIRST FLOOR · MAIN BLOCK2BHK92.735.973.3015.05117.057.43
301SECOND FLOOR · MAIN BLOCK2BHK93.665.893.5613.94117.057.43
302SECOND FLOOR · MAIN BLOCK2BHK76.976.432.6521.53107.587.43
303SECOND FLOOR · MAIN BLOCK2BHK92.735.973.3015.05117.057.43
401THIRD FLOOR · MAIN BLOCK2BHK93.665.893.5613.94117.057.43
402THIRD FLOOR · MAIN BLOCK2BHK76.976.432.6521.53107.587.43
403THIRD FLOOR · MAIN BLOCK2BHK92.735.973.3015.05117.057.43
501FOUR FLOOR · MAIN BLOCK2BHK93.665.893.5613.94117.057.43
502FOUR FLOOR · MAIN BLOCK2BHK76.976.432.6521.53107.587.43
503FOUR FLOOR · MAIN BLOCK2BHK92.735.973.3015.05117.057.43

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.

02

Builder’s track record

RERA Andhra Pradesh · Builder registration

RAJESH CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
2Projects
2Cities
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
35 homeson the public record across 2 projects
4,169 sq mbuilt-up filed
1,399 sq mland declared
₹6.97 Crdeclared build cost

Build cost is what the builder 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 builder, 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.

More from RAJESH CONSTRUCTIONS— the full portfolio →

03

Location & price analysis

RERA Andhra Pradesh · Registration filing
Village
Visakhapatnam
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
531163
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.8km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 457 mPrimary road 2.0 kmNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 1.0 kmRiver 1.3 km · GosthaniCanal 2.7 km
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

₹2.79 Cr declared to build 15 flats. What that works out to:

₹18.59 Lakhdeclared cost per flatall-in — land + construction
₹1,355/sq ftof built-up area₹14,586/sq m
1%of the cost is land₹55/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.

04

Government Guidance Rate

AP Registration & Stamps

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

₹65,000per sq yd
₹77,739per sq m
Which rate
residential (urban)
Matched to
The rate published for the village of “Visakhapatnam”.
In force
effective Feb 2025
Spread
₹40,000₹7,00,000 per sq yd across the places it was taken over

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.
05

Planning authority

RERA Andhra Pradesh · Approved building plan

Commissioner, ULB

Municipal / Corporation · Visakhapatnam
approved 17 Nov 2023 · 2 yrs ago
Building Permit no. 1167/0046/B/BHE/TAL/2020Survey no. 29/8 & 29/9P
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 1167/0046/B/BHE/TAL/2020 on the approving authority’s portal to confirm the approval.

The approving body, at scale

Visakhapatnam

Municipal Corporation

Has approved 1,344 RERA projectsabout 1 in 5 in Andhra Pradesh, more than any other body in the state.

an apartments market87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
840
On record
39,785 flats · 20,512 plots
Reach
27 mandals
Since
2009

More apartment-heavy than Andhra Pradesh overall — 87% apartments here vs 74% statewide.

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.

07

Other projects nearby

The register · within 25 km

394 residential projects still under way within 25 km. Step out ring by ring:

Of the 136 projects the radar draws within 6 km — every kind, every stage — 39 are residential projects still under way. This list keeps only those, and looks further out.

8 projects within 1 km — showing the nearest 6.

300 m awayResidential

DHARANI ARCADE

SRI SAI LAKSHMI CONSTRUCTIONS · Tallavalasa · Bheemunipatnam

Jun 2026registered
Feb 2027target completion
Declared cost₹2.18 CrScale10 flatsAuthorityRERA Andhra Pradesh
390 m awayResidential

MSV DRK CLASSIC

M S V BUILDERS · Tallavalasa · Bheemunipatnam

Aug 2026registered
Jul 2029target completion
Declared cost₹11.69 CrScale20 flatsAuthorityRERA Andhra Pradesh
800 m awayResidential

KALYAN'S TRIPURA RESIDENCY

KALYAN CONSTRUCTIONS · Tallavalasa · Bheemunipatnam

Jan 2026registered
Oct 2028target completion
Declared cost₹3.10 CrScale10 flatsAuthorityRERA Andhra Pradesh
870 m awayResidential

SVR'S SAI TANMAYI ENCLAVE

S V R K NIRMAAN · SANGIVALASA · Bheemunipatnam

Dec 2025registered
Aug 2026target completion
Declared cost₹3.96 CrScale20 flatsAuthorityRERA Andhra Pradesh
870 m awayResidential

GVS NATURE FRONT

NORTH STAR BUILDERS · SANGIVALASA · Bheemunipatnam

May 2025registered
Apr 2026target completion
Declared cost₹5.24 CrScale20 flatsAuthorityRERA Andhra Pradesh
910 m awayResidential

SIVARAMA HEIGHTS

SIVARAMA HEIGHTS · Tallavalasa · Bheemunipatnam

Nov 2023registered
Aug 2026target completion
Declared cost₹2.63 CrScale10 flatsAuthorityRERA Andhra Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.