HORIZONMarkets

Timeline

Project startedJun 2020
RERA approvedAug 2020
Proposed completionJan 2026
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SRI LAKSHMI VENKATESWARA LAILA INFRA

Partnership/LLP FirmPromoter type
KrishnaBased in
1Projects
1City
2020–2026Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter so far. 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
KESARAPALLE
Mandal
Gannavaram
District
Krishna
Pincode
521101
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 632 m · Old NH16 RoadRailway line 2.3 kmRailway station 3.7km away (Uppaluru)Limited bus connectivity nearbyAirport 2.2km away
Water & environment
River 846 m · BudameruWater body 1.2 km · Kesarapalli Cheruvu
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Land abutting NH/SH/ZPP/MPP, Agricultural Land fit for H.S.. The state classes land per survey— confirm your plot’s survey number is House Sites.

AP Registration & Stamps
Declared external development
Water30%
Roads20%
Renewable energy20%
Water supply10%
Sewage10%
Solid waste10%
Electricity5%
Fire safety0%
Emergency exits0%
% 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

₹149.18 Cr declared. What that works out to:

22%of the cost is 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
₹7,100/sq ydHouse Sites

₹8,492/sq m · effective Feb 2025 · revised up from ₹6,500

The state’s minimum value for this village’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

Commissioner, APCRDA

Municipal / Corporation · Vijayawada
approved 25 Jun 2020 · 6 yrs ago
Building Permit no. 1168/10417/B/GNVRM/KRP/2019Survey no. 157/2,160/1,160/2,161/1,161/2,162/2B

The promised possession date (7 Jan 2026) 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 1168/10417/B/GNVRM/KRP/2019 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Vijayawada

AP Capital Region Development Authority

Has approved 828 RERA projectsabout 1 in 8 in Andhra Pradesh.

an apartments market75% apartments · 25% plotted layouts. Apartments like yours are this body's core business.

Builders
595
On record
22,960 flats · 24,454 plots
Reach
25 mandals
Since
2012

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.