VisakhapatnamResidential
ELITE- SRI CHAKRA APARTMENT
ELITE PROJECTS
Jul 2023registered
May 2026target completion
Declared cost₹6.38 CrScale18 flatsAuthorityRERA Andhra Pradesh
SRI SAIRAM
01
Complete project overview
RERA Andhra Pradesh · Registration filing- Units
- 10 flats
- Unit mix
- 10 × 3BHK
- Carpet area
- 116–117 sq m
- Floors
- 5
- Land area
- 551 sq m
- Built-up area
- 551 sq m
Timeline
Project startedJan 2022
RERA approvedSep 2022
Proposed completionNov 2024
TodaySep 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
10100 · 13BHK115.66129.1724.12180.249.29
10200 · 13BHK117.24126.9424.76180.239.29
20101 · 13BHK115.66129.1724.12180.249.29
20201 · 13BHK117.24126.9424.76180.239.29
30102 · 13BHK115.66129.1724.11180.239.29
30202 · 13BHK117.24126.9424.76180.239.29
40103 · 13BHK115.66129.1724.11180.239.29
40203 · 13BHK117.24126.9424.76180.239.29
50104 · 13BHK115.66129.1724.11180.239.29
50204 · 13BHK117.24126.9424.76180.239.29
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 · Builder registrationSRI SAIRAM DEVELOPERS
Partnership/LLP FirmPromoter type
VisakhapatnamBased in
5Projects
3Cities
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
65 homeson the public record across 5 projects
8,732 sq mbuilt-up filed
2,784 sq mland declared
₹32.00 Crdeclared build cost
Build cost is what the builder 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 project4 of 5 projects
Vice Chairman, UDAUrban Development Authority1 of 5 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 builder, 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
- Resappuvanipalem
- Mandal
- Visakhapatnam(U)
- District
- Visakhapatnam
- Pincode
- 530013
What’s nearby
Schools1 school within 1km · College or university 228m away
HealthcareHospital 221m away · 4 clinics within 1km · Pharmacy within 500m
Lifestyle2 parks within 500m · Gym or sports centre 423m away · 39+ restaurants and cafes within 1km
ShoppingSupermarket 63m away · Mall 1.5km away · Bank 97m away
Getting around
Primary road 643 m · Anakapalli - Visakhapatnam RoadRailway line 3.0 kmRailway station 3.2km away (Visakhapatnam)4 bus stops within 500m
Water & environment
River 1.3 kmWater body 2.2 km
distances only — not a flood assessmentDeclared external development% complete as filed at registration — no progress updates are published, so this is a starting-line snapshot.
Roads99%
Water supply99%
Sewage99%
Solid waste99%
Emergency exits99%
Electricity0%
Fire safety0%
Water0%
Renewable energy0%
Price analysisdeclared build cost — not a sale price
₹9.63 Cr declared to build 10 flats. What that works out to:
₹96.34 Lakhdeclared cost per flatall-in — land + construction
₹16,256/sq ftof built-up area₹1,74,983/sq m
71%of the cost is land₹11,485/sq ft of land
This is what the builder 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
Government Guidance Rate
AP Registration & StampsIn Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.
₹95,000per sq yd
₹1,13,619per sq m
- Which rate
- residential (urban)
- Matched to
- The rate published for the village of “Resappuvanipalem”.
- In force
- effective Feb 2025
- Spread
- ₹90,000 – ₹1,10,000 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Andhra Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Andhra Pradesh · Approved building planapproved 26 Nov 2021 · 4 yrs ago
Building Permit no. 1086/5203/B/Z3/REM/2021Survey no. 6
The promised possession date (26 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
An approved 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 approved plan carries penalty or demolition risk.
Verify it yourself — look up plan 1086/5203/B/Z3/REM/2021 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Visakhapatnam
Municipal CorporationHas approved 1,344 RERA projects — about 1 in 5 in Andhra Pradesh, more than any other body in the state.
an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 840
- On record
- 39,785 flats · 20,512 plots
- Reach
- 27 mandals
- Since
- 2009
More apartment-heavy than Andhra Pradesh overall — 87% 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.
06
Complaints & litigation
RERA Andhra Pradesh · public recordComplaints register
Not published. RERA Andhra Pradesh doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Andhra Pradesh- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Andhra Pradesh records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Andhra Pradesh, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km513 residential projects still under way within 25 km. Step out ring by ring:
16 projects within 1 km — showing the nearest 6.
ResappuvanipalemResidential
JAYARAM AAVAS
M/S.JAYARAM CONSTRUCTIONS REP BY ITS PROPRIETOR MALLADI PHANENDRA REDDY
Dec 2024registered
Mar 2027target completion
Declared cost₹2.35 CrScale10 flatsAuthorityRERA Andhra Pradesh
Ward-09Mixed Development
MAKENA’S “THE ARK”
VINAYAGAR PROMOTERS AND BUILDERS
Jan 2024registered
Nov 2029target completion
Declared cost₹59.45 CrScale42 flatsAuthorityRERA Andhra Pradesh
ResappuvanipalemResidential
BRUNDA NARSING NIVAS
SRI GAYATRI DEVELOPERS
May 2024registered
Dec 2026target completion
Declared cost₹6.56 CrScale10 flatsAuthorityRERA Andhra Pradesh
MaddilapalemResidential
SAI SURYA K M K ASHA ENCLAVE
SAI SURYA CONSTRUCTIONS
Jul 2025registered
Apr 2028target completion
Declared cost₹2.07 CrScale10 flatsAuthorityRERA Andhra Pradesh
VisakhapatnamResidential
SYMALA NILAYAM
SRUJANA DESIGNERS PRIVATE LIMITED
Dec 2024registered
Apr 2027target completion
Declared cost₹7.90 CrScale10 flatsAuthorityRERA Andhra Pradesh
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.