HORIZONMarkets

Timeline

Project startedSep 2020
Proposed completionMar 2022
RERA approvedAug 2022
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SRI LAKSHMI NARASIMHA CONSTRUCTIONS

Partnership/LLP FirmPromoter type
KrishnaBased in
1Projects
1City
2022–presentActive
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
KUNCHANAPALLI
Mandal
Tadepalli
District
Guntur
Pincode
522501
What’s nearby
Schools2 schools within 500m
HealthcareHospital 87m away · 4 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 20m away · 8 restaurants and cafes within 1km
ShoppingSupermarket 65m away · Mall 678m away · Convenience store within 500m
Getting around
Expressway 4.6 kmPrimary road 409 m · Old NH16 RoadRailway line 1.3 kmRailway station 1.9km away (Krishna Canal Junction)Bus stop within 1km
Water & environment
Canal 586 m · Krishna Western Delta Main CanalWater body 1.5 km
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., Dry land. The state classes land per survey— confirm your plot’s survey number is House Sites.

AP Registration & Stamps
Declared external development
Roads99%
Water supply99%
Sewage99%
Electricity99%
Solid waste99%
Fire safety99%
Water99%
Emergency exits99%
Renewable energy99%
% 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

₹7.71 Cr declared. What that works out to:

46%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.

04

Planning authority

RERA Andhra Pradesh · Approved building plan

Commissioner, APCRDA

Municipal / Corporation · Tadepalli
approved 27 Sep 2020 · 5 yrs ago
Building Permit no. 1168/8181/B/TDPLE/KNE/2018Survey no. 10/1A, 10/2A

The promised possession date (27 Mar 2022) 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 1168/8181/B/TDPLE/KNE/2018 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Tadepalli

AP Capital Region Development Authority

Has approved 89 RERA projects1.3% of Andhra Pradesh.

an apartments market94% apartments · 6% plotted layouts. Apartments like yours are this body's core business.

Builders
74
On record
5,916 flats · 192 plots
Reach
2 mandals
Since
2016

More apartment-heavy than Andhra Pradesh overall — 94% 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.