HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 2 BHK
Carpet area
57–61 sq m
Floors
5
Land area
259 sq m
Built-up area
992 sq m

Timeline

Project startedFeb 2020
RERA approvedMay 2020
Proposed completionFeb 2023
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
First Floor-20102 · SHREE SAI NILAYAM2 BHK60.733.815.0527.9597.54
First Floor-20202 · SHREE SAI NILAYAM2 BHK57.223.665.4431.2297.54
Fourth Floor-50105 · SHREE SAI NILAYAM2 BHK60.733.815.0527.9597.54
Fourth Floor-50205 · SHREE SAI NILAYAM2 BHK57.223.665.4431.2297.54
Ground Floor-10101 · SHREE SAI NILAYAM2 BHK60.733.815.0527.9597.54
Ground Floor-10201 · SHREE SAI NILAYAM2 BHK57.223.665.4431.2297.54
Second Floor-30103 · SHREE SAI NILAYAM2 BHK60.733.815.0527.9597.54
Second Floor-30203 · SHREE SAI NILAYAM2 BHK57.223.665.4431.2297.54
Third Floor-40104 · SHREE SAI NILAYAM2 BHK60.733.815.0527.9597.54
Third Floor-40204 · SHREE SAI NILAYAM2 BHK57.223.665.4431.2297.54

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

M/S SHREE CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
5Projects
2Cities
2017–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
89 homeson the public record across 5 projects
6,261 sq mbuilt-up filed
3,316 sq mland declared
₹11.05 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.

Planning authoritiesthis builder's portfolio, by approving body
Commissioner, ULBMunicipal / Corporation3 of 4 projects
Director, Town and Country PlanningTown & Country Planning (DTCP)this project1 of 4 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Chinamushidivada
Mandal
Pendurthi
District
Visakhapatnam
Pincode
530047
What’s nearby
SchoolsNearest school 1.3km away
HealthcareHospital 795m away · 2 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 914m away · 14+ restaurants and cafes within 1km
ShoppingSupermarket 922m away · Bank 832m away
Getting around
Expressway 1.9 km · Visakhapatnam BypassPrimary road 873 m · BRTS Bus LaneRailway line 588 mRailway station 983m away (Pendurthi)Bus stop within 1km
Water & environment
Water body 420 mRiver 743 m · Meghadri Gedda
distances only — not a flood assessment
Government land classification

No residential (House Sites) class on record. The state classes this village’s land as 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
Roads99%
Water supply10%
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

₹2.06 Cr declared to build 10 flats. What that works out to:

₹20.59 Lakhdeclared cost per flatall-in — land + construction
₹1,928/sq ftof built-up area₹20,752/sq m
38%of the cost is land₹2,786/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.

Government guidance value
₹40,000/sq ydresidential

₹47,840/sq m · effective Feb 2025 · locality range ₹30,000–₹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

Director, Town and Country Planning

Town & Country Planning (DTCP) · VISAKHAPTANAM
approved 7 Feb 2020 · 6 yrs ago
Building Permit no. 1086/3148/B/Z6/CDA/2019Survey no. 77/P, 79/P,95/P & 96/P

The promised possession date (7 Feb 2023) 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 1086/3148/B/Z6/CDA/2019 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the sanction.

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 VISAKHAPTANAM 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.

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.