HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 2BHK
Carpet area
68–72 sq m
Floors
5
Land area
276 sq m
Built-up area
1,081 sq m

Timeline

Project startedMay 2024
RERA approvedMar 2026
Proposed completionMay 2027
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
10101 · 12BHK67.784.154.2426.02102.19
10201 · 12BHK72.463.7126.02102.19
20102 · 12BHK67.784.154.2426.02102.19
20202 · 12BHK72.463.7126.02102.19
30103 · 12BHK67.784.154.2426.02102.19
30203 · 12BHK72.463.7126.02102.19
40104 · 12BHK67.784.154.2426.02102.19
40204 · 12BHK72.463.7126.02102.19
50105 · 12BHK67.784.154.2426.02102.19
50205 · 12BHK72.463.7126.02102.19

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

SRI VINAYAKA VENKATESWARA SAI CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
2Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
20 homeson the public record across 2 projects
2,505 sq mbuilt-up filed
674 sq mland declared
₹4.56 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
Marripalem
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530013
What’s nearby
SchoolsNearest school 1.4km away
HealthcareHospital 815m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · 6 restaurants and cafes within 1km
ShoppingSupermarket 870m away · Mall 1.3km away · Bank 843m away
Getting around
Primary road 574 m · Anakapalli - Visakhapatnam - Anandapuram Main RoadRailway line 188 mRailway station 830m away (Gopalapatnam)Bus stop within 500m
Water & environment
Canal 597 m
distances only — not a flood assessment
Declared external development
Roads50%
Water supply10%
Sewage10%
Electricity10%
Solid waste10%
Fire safety10%
Water10%
Emergency exits10%
Renewable energy10%
% 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

₹2.05 Cr declared to build 10 flats. What that works out to:

₹20.50 Lakhdeclared cost per flatall-in — land + construction
₹1,761/sq ftof built-up area₹18,958/sq m
25%of the cost is land₹1,723/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

Commissioner, ULB

Municipal / Corporation · Visakhapatnam
approved 28 May 2024 · 2 yrs ago
Building Permit no. 1086/6291/B/Z8/KAR/2022Survey no. 71/2P&11
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 1086/6291/B/Z8/KAR/2022 on the approving authority’s portal to confirm the sanction.

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.

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.