HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
5 × 2BHK · 5 × 3BHK
Carpet area
71–87 sq m
Floors
5
Land area
340 sq m
Built-up area
1,265 sq m

Timeline

Project startedMar 2021
RERA approvedApr 2021
Proposed completionMar 2024
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
1011st Floor · SAI VINAY PLAZA2BHK70.9957.3414.2197.547.43
1021st Floor · SAI VINAY PLAZA3BHK87.195.498.3138.36139.357.43
2012nd Floor · SAI VINAY PLAZA2BHK70.9957.3414.2197.547.43
2022nd Floor · SAI VINAY PLAZA3BHK87.195.498.3138.36139.357.43
3013rd Floor · SAI VINAY PLAZA2BHK70.9957.3414.2197.547.43
3023rd Floor · SAI VINAY PLAZA3BHK87.195.498.3138.36139.357.43
4014th Floor · SAI VINAY PLAZA2BHK70.9957.3414.2197.547.43
4024th Floor · SAI VINAY PLAZA3BHK87.195.498.3138.36139.357.43
5015th Floor · SAI VINAY PLAZA2BHK70.9957.3414.2197.547.43
5025th Floor · SAI VINAY PLAZA3BHK87.195.498.3138.36139.357.43

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 · Promoter registration

KOTYADA DHANALAKSHMI

IndividualPromoter type
Visakhapatnam, Andhra PradeshBased in
3Projects
2Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
35 homeson the public record across 3 projects
3,686 sq mbuilt-up filed
1,057 sq mland declared
₹7.17 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 1.8km away
HealthcareHospital 1.3km away · Pharmacy within 1km
Lifestyle1 park within 500m · 4 restaurants and cafes within 1km
ShoppingSupermarket 447m away
Getting around
Primary road 241 m · Simhachalam - Pinagadi RoadRailway line 3.5 kmRailway station 3.5km away (Simhachalam)3 bus stops within 500m
Water & environment
River 231 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

₹2.57 Cr declared to build 10 flats. What that works out to:

₹25.70 Lakhdeclared cost per flatall-in — land + construction
₹1,888/sq ftof built-up area₹20,324/sq m
47%of the cost is land₹3,335/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) · GVMC, VISAKHAPATNAM
approved 1 Mar 2021 · 5 yrs ago
Building Permit no. 1086/0584/B/Z6/SNY/2021Survey no. 164/3 PART, 164/3

The promised possession date (1 Mar 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

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 1086/0584/B/Z6/SNY/2021 on the approving authority’s portal (dtcp.ap.gov.in) 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.