HORIZONMarkets

Timeline

Project startedNov 2019
RERA approvedJul 2020
Proposed completionNov 2022
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

K MALYADRI

IndividualPromoter type
Krishna, Andhra PradeshBased in
1Projects
1City
2020–2022Active
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
KANURU (U)
Mandal
Penamaluru
District
Krishna
Pincode
521137
What’s nearby
Schools3 schools within 1km · 8 educational institutions within 1km · College or university 710m away
HealthcareHospital 559m away · 2 clinics within 1km · Pharmacy within 1km
LifestylePark 1.4km away · Gym or sports centre 666m away · 24+ restaurants and cafes within 1km
ShoppingSupermarket 914m away · Mall 703m away · Convenience store within 1km
Getting around
Expressway 985 m · Vijayawada - Machilipatnam RoadPrimary road 2.6 km · Old NH16 RoadRailway line 3.4 kmRailway station 3.5km away (Ramavarappadu)Bus stop within 1km
Water & environment
Water body 1.1 kmCanal 1.3 km
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential). 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

₹2.49 Cr declared. What that works out to:

19%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.

Government guidance value
₹18,000/sq ydHouse Sites

₹21,528/sq m · effective Feb 2025 · revised up from ₹13,500

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, APCRDA

Municipal / Corporation · Vijayawada
approved 20 Nov 2019 · 6 yrs ago
Building Permit no. 1168/10259/B/PMLR/KNR/2019Survey no. 197/3&2

The promised possession date (20 Nov 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 1168/10259/B/PMLR/KNR/2019 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Vijayawada

AP Capital Region Development Authority

Has approved 828 RERA projectsabout 1 in 8 in Andhra Pradesh.

an apartments market75% apartments · 25% plotted layouts. Apartments like yours are this body's core business.

Builders
595
On record
22,960 flats · 24,454 plots
Reach
25 mandals
Since
2012

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.