HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
50 flats
Unit mix
30 × 2BHK · 20 × 3BHK
Carpet area
77–103 sq m
Floors
5
Land area
2,287 sq m
Built-up area
6,924 sq m

Timeline

Project startedApr 2025
RERA approvedJun 2025
Proposed completionApr 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
101FIRST FLOOR · SRI LAKSHMI NILAYAM3BHK102.7712.689.207.48156.9924.86
102FIRST FLOOR · SRI LAKSHMI NILAYAM2BHK102.578.659.407.48152.9624.86
103FIRST FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
104FIRST FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
105FIRST FLOOR · SRI LAKSHMI NILAYAM3BHK77.3112.687.887.48130.2124.86
106FIRST FLOOR · SRI LAKSHMI NILAYAM3BHK77.8112.687.387.48130.2124.86
107FIRST FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
108FIRST FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
109FIRST FLOOR · SRI LAKSHMI NILAYAM2BHK102.568.659.337.48152.8824.86
110FIRST FLOOR · SRI LAKSHMI NILAYAM3BHK102.4912.689.407.48156.9124.86
201SECOND FLOOR · SRI LAKSHMI NILAYAM3BHK102.7712.689.207.48156.9924.86
202SECOND FLOOR · SRI LAKSHMI NILAYAM2BHK102.578.659.407.48152.9624.86
203SECOND FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
204SECOND FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
205SECOND FLOOR · SRI LAKSHMI NILAYAM3BHK77.3112.687.887.48130.2124.86
206SECOND FLOOR · SRI LAKSHMI NILAYAM3BHK77.8112.687.387.48130.2124.86
207SECOND FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
208SECOND FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
209SECOND FLOOR · SRI LAKSHMI NILAYAM2BHK102.568.659.337.48152.8824.86
210SECOND FLOOR · SRI LAKSHMI NILAYAM3BHK102.4912.689.407.48156.9124.86
301THIRD FLOOR · SRI LAKSHMI NILAYAM3BHK102.7712.689.207.48156.9924.86
302THIRD FLOOR · SRI LAKSHMI NILAYAM2BHK102.578.659.407.48152.9624.86
303THIRD FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
304THIRD FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
305THIRD FLOOR · SRI LAKSHMI NILAYAM3BHK77.3112.687.887.48130.2124.86
306THIRD FLOOR · SRI LAKSHMI NILAYAM3BHK77.8112.687.387.48130.2124.86
307THIRD FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
308THIRD FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
309THIRD FLOOR · SRI LAKSHMI NILAYAM2BHK102.568.659.337.48152.8824.86
310THIRD FLOOR · SRI LAKSHMI NILAYAM3BHK102.4912.689.407.48156.9124.86
401FOURTH FLOOR · SRI LAKSHMI NILAYAM3BHK102.7712.689.207.48156.9924.86
402FOURTH FLOOR · SRI LAKSHMI NILAYAM2BHK102.578.659.407.48152.9624.86
403FOURTH FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
404FOURTH FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
405FOURTH FLOOR · SRI LAKSHMI NILAYAM3BHK77.3112.687.887.48130.2124.86
406FOURTH FLOOR · SRI LAKSHMI NILAYAM3BHK77.8112.687.387.48130.2124.86
407FOURTH FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
408FOURTH FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
409FOURTH FLOOR · SRI LAKSHMI NILAYAM2BHK102.568.659.337.48152.8824.86
410FOURTH FLOOR · SRI LAKSHMI NILAYAM3BHK102.4912.689.407.48156.9124.86
G1GROUND FLOOR · SRI LAKSHMI NILAYAM3BHK102.7712.689.207.48156.9924.86
G2GROUND FLOOR · SRI LAKSHMI NILAYAM2BHK102.578.659.407.48152.9624.86
G3GROUND FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
G4GROUND FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
G5GROUND FLOOR · SRI LAKSHMI NILAYAM3BHK77.3112.687.887.48130.2124.86
G6GROUND FLOOR · SRI LAKSHMI NILAYAM3BHK77.8112.687.387.48130.2124.86
G7GROUND FLOOR · SRI LAKSHMI NILAYAM2BHK77.318.657.887.48126.1824.86
G8GROUND FLOOR · SRI LAKSHMI NILAYAM2BHK77.818.657.387.48126.1824.86
G9GROUND FLOOR · SRI LAKSHMI NILAYAM2BHK102.568.659.337.48152.8824.86
G10GROUND FLOOR · SRI LAKSHMI NILAYAM3BHK102.4912.689.407.48156.9124.86

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 CONSTRUCTIOS AND DEVELOPERS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
7Projects
2Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
250 homeson the public record across 7 projects
33,789 sq mbuilt-up filed
9,575 sq mland declared
₹84.25 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
Pendurthi
Mandal
Pendurthi
District
Visakhapatnam
Pincode
531173
What’s nearby
SchoolsNearest school 1.9km away
HealthcareHospital 861m away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 1.0km away
ShoppingSupermarket 1.2km away
Getting around
Expressway 1.4 km · Visakhapatnam BypassPrimary road 1.0 km · Vishakapatnam - Srungavarapukota - Araku RoadRailway line 250 mRailway station 420m away (Pendurthi)Limited bus connectivity nearby
Water & environment
River 406 m · Meghadri GeddaWater body 541 m
distances only — not a flood assessment
Government land classification

No residential (House Sites) class on record. The state classes this village’s land as Agricultural Land fit for H.S.. If it’s sold as residential plots, verify the layout’s conversion / approval.

AP Registration & Stamps
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

₹14.68 Cr declared to build 50 flats. What that works out to:

₹29.36 Lakhdeclared cost per flatall-in — land + construction
₹1,969/sq ftof built-up area₹21,199/sq m
13%of the cost is land₹755/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
₹25,000/sq ydresidential

₹29,900/sq m · effective Feb 2025 · locality range ₹22,000–₹35,000

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) · PENDURTHI VILLAGE
approved 8 Apr 2025 · 1 yr ago
Building Permit no. 1086/4347/B/Z8/ EGE/ 2024Survey no. 102/14,104/14 Part
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 1086/4347/B/Z8/ EGE/ 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 PENDURTHI VILLAGE 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.