HORIZONMarkets

Timeline

Project startedJul 2022
RERA approvedSep 2022
Proposed completionApr 2028
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

BANDARU SURESH

IndividualPromoter type
Guntur, Andhra PradeshBased 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
GORANTLA
Mandal
Guntur
District
Guntur
Pincode
522034
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away
LifestyleNo parks within 2km
ShoppingSupermarket 1.1km away
Getting around
Expressway 3.8 kmPrimary road 734 m · Mahatma Gandhi Inner Ring RoadRailway line 2.7 kmRailway station 3.2km away (New Guntur)Limited bus connectivity nearby
Water & environment
Water body 468 m · Lake
distances only — not a flood assessment
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

₹10.46 Cr declared. What that works out to:

38%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, ULB

Municipal / Corporation · Guntur
approved 12 Apr 2022 · 4 yrs ago
Building Permit no. 1021/0069/B/GNTC/GOR/2022Survey no. 403/1B,403/1A
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 1021/0069/B/GNTC/GOR/2022 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Guntur

Municipal Corporation

Has approved 600 RERA projectsabout 1 in 11 in Andhra Pradesh.

an apartments market81% apartments · 19% plotted layouts. Apartments like yours are this body's core business.

Builders
392
On record
15,171 flats · 12,166 plots
Reach
31 mandals
Since
2014

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.