HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
25 flats
Unit mix
15 × 2BHK · 10 × 3BHK
Carpet area
68–85 sq m
Floors
5
Land area
746 sq m
Built-up area
2,977 sq m

Timeline

Project startedApr 2025
RERA approvedSep 2025
Proposed completionFeb 2028
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
10101 · SRI ARCADE3BHK84.522.994.7133.19125.41
10201 · SRI ARCADE3BHK84.533.084.7033.10125.41
10301 · SRI ARCADE2BHK67.713.143.7727.57102.19
10401 · SRI ARCADE2BHK6916.304.9911.90102.19
10501 · SRI ARCADE2BHK68.8516.805.0511.49102.19
20102 · SRI ARCADE3BHK84.522.994.7133.19125.41
20202 · SRI ARCADE3BHK84.533.084.7033.10125.41
20302 · SRI ARCADE2BHK67.713.143.7727.57102.19
20402 · SRI ARCADE2BHK6916.304.9911.90102.19
20502 · SRI ARCADE2BHK68.8516.805.0511.49102.19
30103 · SRI ARCADE3BHK84.522.994.7133.19125.41
30203 · SRI ARCADE3BHK84.533.084.7033.10125.41
30303 · SRI ARCADE2BHK67.713.143.7727.57102.19
30403 · SRI ARCADE2BHK6916.304.9911.90102.19
30503 · SRI ARCADE2BHK68.8516.805.0511.49102.19
40104 · SRI ARCADE3BHK84.522.994.7133.19125.41
40204 · SRI ARCADE3BHK84.533.084.7033.10125.41
40304 · SRI ARCADE2BHK67.713.143.7727.57102.19
40404 · SRI ARCADE2BHK6916.304.9911.90102.19
40504 · SRI ARCADE2BHK68.8516.805.0511.49102.19
50105 · SRI ARCADE3BHK84.522.994.7133.19125.41
50205 · SRI ARCADE3BHK84.533.084.7033.10125.41
50305 · SRI ARCADE2BHK67.713.143.7727.57102.19
50405 · SRI ARCADE2BHK6916.304.9911.90102.19
50505 · SRI ARCADE2BHK68.8516.805.0511.49102.19

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 CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
3Projects
2Cities
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
55 homeson the public record across 3 projects
7,941 sq mbuilt-up filed
2,600 sq mland declared
₹14.72 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 / Corporation2 of 3 projects
Director, Town and Country PlanningTown & Country Planning (DTCP)this project1 of 3 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
PARVATHIPURAM
Mandal
Parvathipuram
District
Vizianagaram
Pincode
535501
What’s nearby
Schools1 school within 1km
HealthcareHospital 545m away · 4 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 501m away
ShoppingSupermarket 567m away · Mall 521m away · Bank 511m away
Getting around
Primary road 528 m · Chilakapalem - Ramabhadrapuram - Rayagada RoadRailway line 1.1 kmRailway station 1.0km away (Parvatipuram)Bus stop within 500m
Water & environment
Water body 753 mCanal 1.3 km
distances only — not a flood assessment
Government land classification

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

AP Registration & Stamps
Declared external development
Water supply99%
Roads70%
Sewage50%
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

₹5.88 Cr declared to build 25 flats. What that works out to:

₹23.53 Lakhdeclared cost per flatall-in — land + construction
₹1,836/sq ftof built-up area₹19,758/sq m
17%of the cost is land₹1,222/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
₹8,500/sq ydHouse Sites

₹10,166/sq m · effective Feb 2025 · revised up from ₹8,000

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

Director, Town and Country Planning

Town & Country Planning (DTCP) · 18-28-137, RICKSHAW PULLERS COLONY, PARVATHIPURAM
approved 1 Feb 2025 · 1 yr ago
Building Permit no. 1091/0066/B/PPM/RNY/2024Survey no. 385/1I and 385/1G
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 1091/0066/B/PPM/RNY/2024 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 18-28-137, RICKSHAW PULLERS COLONY, PARVATHIPURAM 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.