MadhuravadaResidential
KUSUMA ENCLAVE
LPR INFRA PROJECTS
Feb 2025registered
Jul 2027target completion
Declared cost₹6.75 CrScale20 flatsAuthorityRERA Andhra Pradesh
SREE KARI RESIDENCY
01
Complete project overview
RERA Andhra Pradesh · Registration filing- Project name
- SREE KARI RESIDENCY
- Units
- 25 flats
- Unit mix
- 15 × 3BHK · 10 × 2BHK
- Carpet area
- 70–95 sq m
- Floors
- 1
- Land area
- 836 sq m
- Built-up area
- 3,210 sq m
- Blocks
- 5
Timeline
Project startedSep 2023
RERA approvedJun 2025
Proposed completionSep 2026
TodaySep 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
10101 · A3BHK94.683.918.4512.95119.999
10201 · A3BHK94.703.918.4312.95119.999
10301 · A3BHK84.663.227.8812.95108.719
10401 · A2BHK74.22—5.1412.9592.319
10501 · A2BHK70.243.345.6812.9592.219
10101 · B3BHK94.683.918.4512.95119.999
10201 · B3BHK94.703.918.4312.95119.999
10301 · B3BHK84.663.227.8812.95108.719
10401 · B2BHK74.22—5.1412.9592.319
10501 · B2BHK70.243.345.6812.9592.219
10101 · C3BHK94.683.918.4512.95119.999
10201 · C3BHK94.703.918.4312.95119.999
10301 · C3BHK84.663.227.8812.95108.719
10401 · C2BHK74.22—5.1412.9592.319
10501 · C2BHK70.243.345.6812.9592.219
10101 · D3BHK94.683.918.4512.95119.999
10201 · D3BHK94.703.918.4312.95119.999
10301 · D3BHK84.663.227.8812.95108.719
10401 · D2BHK74.22—5.1412.9592.319
10501 · D2BHK70.243.345.6812.9592.219
10101 · E3BHK94.683.918.4512.95119.999
10201 · E3BHK94.703.918.4312.95119.999
10301 · E3BHK84.663.227.8812.95108.719
10401 · E2BHK74.22—5.1412.9592.319
10501 · E2BHK70.243.345.6812.9592.219
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 · Builder registrationSRI BALAJI INC
Partnership/LLP FirmPromoter type
VisakhapatnamBased in
2Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
35 homeson the public record across 2 projects
4,703 sq mbuilt-up filed
1,226 sq mland declared
₹11.46 Crdeclared build cost
Build cost is what the builder 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 builder, 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
- Madhuravada (u)
- Mandal
- Visakhapatnam(R)
- District
- Visakhapatnam
- Pincode
- 530048
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.5km away · 1 clinic within 1km
LifestylePark 1.8km away · Gym or sports centre 1.4km away
ShoppingSupermarket 1.6km away
Getting around
Primary road 1.4 km · Visakhapatnam - Anandapuram Main RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 47 m · Maddi GeddaWater body 609 m
distances only — not a flood assessmentDeclared external development% complete as filed at registration — no progress updates are published, so this is a starting-line snapshot.
Roads0%
Water supply0%
Sewage0%
Electricity0%
Solid waste0%
Fire safety0%
Water0%
Emergency exits0%
Renewable energy0%
Price analysisdeclared build cost — not a sale price
₹7.99 Cr declared to build 25 flats. What that works out to:
₹31.95 Lakhdeclared cost per flatall-in — land + construction
₹2,312/sq ftof built-up area₹24,881/sq m
34%of the cost is land₹3,059/sq ft of land
This is what the builder 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
Government Guidance Rate
AP Registration & StampsIn Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.
₹60,000per sq yd
₹71,759per sq m
- Which rate
- residential (urban)
- Matched to
- The rate published for the village of “Madhuravada (u)”.
- In force
- effective Feb 2025
- Spread
- ₹55,000 – ₹60,000 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Andhra Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Andhra Pradesh · Approved building planapproved 5 Sep 2023 · 3 yrs ago
Building Permit no. 1086/2464/B/Z2/MRT/2023Survey no. 73/4part,73/5part,73/6part,73/7 part and 74/1
The promised possession date (5 Sep 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
An approved 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 approved plan carries penalty or demolition risk.
Verify it yourself — look up plan 1086/2464/B/Z2/MRT/2023 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Visakhapatnam
Municipal CorporationHas approved 1,344 RERA projects — about 1 in 5 in Andhra Pradesh, more than any other body in the state.
an apartments market — 87% 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.
06
Complaints & litigation
RERA Andhra Pradesh · public recordComplaints register
Not published. RERA Andhra Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Andhra Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Andhra Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Andhra Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km469 residential projects still under way within 25 km. Step out ring by ring:
15 projects within 1 km — showing the nearest 6.
MadhuravadaResidential
PVR ANILA AVENUE
PVR INFRA DEVELOPERS
Feb 2025registered
Jun 2027target completion
Declared cost₹3.90 CrScale10 flatsAuthorityRERA Andhra Pradesh
BakkannapalemResidential
VISISTA ENCLAVE
DVS CONSTRUCTIONS
Sep 2025registered
Jun 2028target completion
Declared cost₹1.40 CrScale10 flatsAuthorityRERA Andhra Pradesh
VisakhapatnamResidential
SRI VARI EMPIRE
SUKRUTA CONSTURCTIONS
Jul 2025registered
Apr 2028target completion
Declared cost₹19.52 CrScale40 flatsAuthorityRERA Andhra Pradesh
MadhuravadaResidential
SVS SUNNY'S CASTLE
SVS PRO-BUILDERS PVT LTD
Apr 2024registered
Feb 2027target completion
Declared cost₹12.85 CrScale50 flatsAuthorityRERA Andhra Pradesh
MadhuravadaResidential
SS HOMES
SURYA SUNDARA CONSTRUCTIONS
Feb 2025registered
May 2027target completion
Declared cost₹4.75 CrScale15 flatsAuthorityRERA Andhra Pradesh
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.