HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
20 flats
Unit mix
20 × 2HBK
Carpet area
67–71 sq m
Floors
4
Land area
746 sq m
Built-up area
2,549 sq m

Timeline

Project startedJan 2022
RERA approvedDec 2022
Proposed completionNov 2024
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
101GF · SRI SABITHA TOWERS2HBK66.633.7810.9110.12101.4410
102GF · SRI SABITHA TOWERS2HBK68.994.1710.8210.12104.1010
103GF · SRI SABITHA TOWERS2HBK71.204.1310.8610.12106.3110
104GF · SRI SABITHA TOWERS2HBK69.573.6110.2810.12103.5810
201FF · SRI SABITHA TOWERS2HBK66.633.7810.9110.12101.4410
202FF · SRI SABITHA TOWERS2HBK68.994.1710.8210.12104.1010
203FF · SRI SABITHA TOWERS2HBK71.204.1310.8610.12106.3110
204FF · SRI SABITHA TOWERS2HBK69.573.6110.2810.12103.5810
301SF · SRI SABITHA TOWERS2HBK66.633.7810.9110.12101.4410
302SF · SRI SABITHA TOWERS2HBK68.994.1710.8210.12104.1010
303SF · SRI SABITHA TOWERS2HBK71.204.1310.8610.12106.3110
304SF · SRI SABITHA TOWERS2HBK69.573.6110.2810.12103.5810
401TF · SRI SABITHA TOWERS2HBK66.633.7810.9110.12101.4410
402TF · SRI SABITHA TOWERS2HBK68.994.1710.8210.12104.1010
403TF · SRI SABITHA TOWERS2HBK71.204.1310.8610.12106.3110
404TF · SRI SABITHA TOWERS2HBK69.573.6110.2810.12103.5810
501FF · SRI SABITHA TOWERS2HBK66.633.7810.9110.12101.4410
502FF · SRI SABITHA TOWERS2HBK68.994.1710.8210.12104.1010
503FF · SRI SABITHA TOWERS2HBK71.204.1310.8610.12106.3110
504FF · SRI SABITHA TOWERS2HBK69.573.6110.2810.12103.5810

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 BUILDERS

Partnership/LLP FirmPromoter type
West GodavariBased in
7Projects
6Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
200 homeson the public record across 7 projects
27,134 sq mbuilt-up filed
8,476 sq mland declared
₹49.57 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 / Corporationthis project3 of 7 projects
Commissioner, APCRDAMunicipal / Corporation2 of 7 projects
Director, Town and Country PlanningTown & Country Planning (DTCP)1 of 7 projects
Vice Chairman, UDAUrban Development Authority1 of 7 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
PALACOLE (R)
Mandal
Palacole
District
West Godavari
Pincode
534260
What’s nearby
SchoolsNearest school 1.9km away
HealthcareHospital 1.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.7 km · Vijayawada West BypassPrimary road 85 m · Vijayawada RoadRailway line 4.4 kmNo metro or railway within 5km2 bus stops within 500m
Water & environment
River 123 m · Kondaveedu VaaguWater body 669 m
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Agricultural Land fit for H.S., Wet Land double crop, Dry land, 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
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

₹4.69 Cr declared to build 20 flats. What that works out to:

₹23.45 Lakhdeclared cost per flatall-in — land + construction
₹1,710/sq ftof built-up area₹18,401/sq m
19%of the cost is land₹1,110/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
₹12,000/sq ydHouse Sites

₹14,352/sq m · effective Feb 2025 · revised up from ₹10,000

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

Commissioner, ULB

Municipal / Corporation · Eluru
approved 2 Nov 2021 · 4 yrs ago
Building Permit no. 1079/0092/B/PALKOL/VR/2021Survey no. 960/2,961/2,3,4,5,6,7

The promised possession date (2 Nov 2024) 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 1079/0092/B/PALKOL/VR/2021 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Eluru

Municipal Corporation

Has approved 109 RERA projects1.6% of Andhra Pradesh.

an apartments market71% apartments · 29% plotted layouts. Apartments like yours are this body's core business.

Builders
96
On record
1,496 flats · 2,222 plots
Reach
26 mandals
Since
2018

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.