HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
15 flats
Unit mix
10 × 2BHK · 5 × 3BHK
Carpet area
62–79 sq m
Floors
5
Land area
441 sq m
Built-up area
1,690 sq m

Timeline

Project startedJul 2024
RERA approvedFeb 2025
Proposed completionJul 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
101GROUND · SPENDID ARCADE3BHK78.786.4910.0528.70124.027.43
102GROUND · SPENDID ARCADE2BHK62.056.236.0523.2297.557.43
103GROUND · SPENDID ARCADE2BHK68.856.874.4721.7494.767.43
201FIRST · SPENDID ARCADE3BHK78.786.4910.0528.70124.027.43
202FIRST · SPENDID ARCADE2BHK62.056.236.0523.2297.557.43
203FIRST · SPENDID ARCADE2BHK68.856.874.4721.7494.767.43
301SECOND · SPENDID ARCADE3BHK78.786.4910.0528.70124.027.43
302SECOND · SPENDID ARCADE2BHK62.056.236.0523.2297.557.43
303SECOND · SPENDID ARCADE2BHK68.856.874.4721.7494.767.43
401THIRD · SPENDID ARCADE3BHK78.786.4910.0528.70124.027.43
402THIRD · SPENDID ARCADE2BHK62.056.236.0523.2297.557.43
403THIRD · SPENDID ARCADE2BHK68.856.874.4721.7494.767.43
501FOURTH · SPENDID ARCADE3BHK78.786.4910.0528.70124.027.43
502FOURTH · SPENDID ARCADE2BHK62.056.236.0523.2297.557.43
503FOURTH · SPENDID ARCADE2BHK68.856.874.4721.7494.767.43

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

SAI VENKAT AVENUES PRIVATE LIMITED

CompanyPromoter type
VisakhapatnamBased in
4Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
55 homeson the public record across 4 projects
6,279 sq mbuilt-up filed
1,824 sq mland declared
₹14.36 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
Ward-37
Mandal
Srikakulam (Urban)
District
Srikakulam
Pincode
532001
What’s nearby
Schools2 schools within 500m · 6 educational institutions within 1km · College or university 218m away
HealthcareHospital 286m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · Playground within 500m · Gym or sports centre 1.8km away
ShoppingSupermarket 948m away · Mall 876m away · Bank 429m away
Getting around
Expressway 1.4 kmPrimary road 667 m · Kalingapatnam - Srikakulam - Parvathipuram RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
River 581 mWater body 833 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

₹3.63 Cr declared to build 15 flats. What that works out to:

₹24.17 Lakhdeclared cost per flatall-in — land + construction
₹1,993/sq ftof built-up area₹21,450/sq m
24%of the cost is land₹1,813/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 · Srikakulam
approved 26 Jul 2024 · 2 yrs ago
Building Permit no. 1085/0225/B/SRI/SNY/2024Survey no. 908, TS NO. 702,703
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 1085/0225/B/SRI/SNY/2024 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Srikakulam

Municipal Corporation

Has approved 92 RERA projects1.4% of Andhra Pradesh.

an apartments market73% apartments · 27% plotted layouts. Apartments like yours are this body's core business.

Builders
71
On record
1,190 flats · 5,124 plots
Reach
13 mandals
Since
2017

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.