HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
18 flats
Unit mix
16 × 3BHK · 2 × 4BHK
Carpet area
79–189 sq m
Floors
5
Land area
748 sq m
Built-up area
2,884 sq m

Timeline

Project startedFeb 2023
RERA approvedMay 2023
Proposed completionFeb 2026
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
101northGROUND · SR MEKA'S ICON3BHK100.644.3242.75155.147.43
101southGROUND · SR MEKA'S ICON3BHK97.414.283.5842.44155.147.43
102northGROUND · SR MEKA'S ICON3BHK90.9611.642.2642.85155.147.43
102southGROUND · SR MEKA'S ICON3BHK97.025.333.4441.92155.147.43
201FIRST · SR MEKA'S ICON3BHK81.879.702.8941.17143.067.43
202FIRST · SR MEKA'S ICON3BHK86.099.703.9135.93143.067.43
203FIRST · SR MEKA'S ICON3BHK79.1410.213.7842.50143.067.43
204FIRST · SR MEKA'S ICON3BHK81.2011.893.8238.72143.067.43
301SECOND · SR MEKA'S ICON3BHK81.879.702.8941.17143.067.43
302SECOND · SR MEKA'S ICON3BHK86.099.703.9135.93143.067.43
303SECOND · SR MEKA'S ICON3BHK79.1410.213.7842.50143.067.43
304SECOND · SR MEKA'S ICON3BHK81.2011.893.8238.72143.067.43
401THIRD · SR MEKA'S ICON3BHK81.879.702.8941.17143.067.43
402THIRD · SR MEKA'S ICON3BHK86.099.703.9135.93143.067.43
403THIRD · SR MEKA'S ICON3BHK79.1410.213.7842.50143.067.43
404THIRD · SR MEKA'S ICON3BHK81.2011.893.8238.72143.067.43
501FOURTH · SR MEKA'S ICON4BHK189.1116.945.6283.75310.2814.86
502FOURTH · SR MEKA'S ICON4BHK187.8516.787.2283.57310.2814.86

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 LAKSHMI RAMANA INFRASTRUCTURE PVT LTD

CompanyPromoter type
VisakhapatnamBased in
1Projects
1City
2023–2026Active
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
Madhavadhara
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530007
What’s nearby
SchoolsNearest school 1.0km away · College or university 1.9km away
HealthcareHospital 425m away · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 987m away · 3 restaurants and cafes within 1km
ShoppingSupermarket 605m away · Bank 670m away
Getting around
Primary road 747 m · Anakapalli - Visakhapatnam - Anandapuram Main RoadRailway line 1.7 km · Howrah - Chennai Main LineRailway station 1.8km away (Marripalem)2 bus stops within 500m
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

₹3.65 Cr declared to build 18 flats. What that works out to:

₹20.27 Lakhdeclared cost per flatall-in — land + construction
₹1,175/sq ftof built-up area₹12,651/sq m
10%of the cost is land₹432/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
₹67,000/sq ydresidential

₹80,131/sq m · effective Feb 2025 · locality range ₹64,000–₹67,000

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) · GVMC VISAKHAPATNAM
approved 28 Feb 2023 · 3 yrs ago
Building Permit no. 1086/5748/B/Z5/MRA/2022Survey no. 43/2, 44

The promised possession date (28 Feb 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 1086/5748/B/Z5/MRA/2022 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.