HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Plots
26
Plotted area
4,719 sq m
Open spaces
925 sq m
Roads
3,172 sq m
Amenities
200 sq m

Timeline

Project startedOct 2024
RERA approvedDec 2025
Proposed completionOct 2027
TodayJul 2026

Find your plot

Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeTotal sq m
1Plot148.09
2Plot106.43
3Plot154.86
4Plot153.38
5Plot153.36
6Plot200
7Plot472.38
8Plot164.57
9Plot201.59
10Plot194.19
11Plot125.83
12Plot165.10
13Plot263.28
14Plot342.80
15Plot199.76
16Plot153.23
17Plot243.49
18Plot251.13
19Plot139.42
20Plot139.42
21Plot181.29
22Plot181.16
23Plot139.36
24Plot139.36
25Plot139.36
26Plot165.67

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SALAPU SRINIVASARAO

IndividualPromoter type
Visakhapatnam, Andhra PradeshBased in
2Projects
1City
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
86 plotson the public record across 2 projects
15,579 sq mplotted area
30,912 sq mland declared
₹4.05 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
Asakapalle
Mandal
Sabbavaram
District
Visakhapatnam
Pincode
531035
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.8km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 498 m · Visakhapatnam BypassPrimary road 5 m · Paravada - Lankelapalem - Asakapalli RoadNo metro or railway within 5kmBus stop within 500m
Water & environment
Canal 684 mWater body 700 m
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

₹1.57 Cr declared to build 26 plots. What that works out to:

₹6.03 Lakhdeclared cost per plotall-in — land + construction
₹309/sq ftof plotted area₹3,323/sq m
64%of the cost is land₹104/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.

04

Planning authority

RERA Andhra Pradesh · Approved building plan
approved 10 Oct 2024 · 1 yr ago
Layout Permit no. 1167/0012/LP/VMRDA/2024/MORTGAGESurvey no. 84-14-B P, 84-33, 84-34, 84-35, 84-36, 84-37, 84-38-A, 84-38-C-1, 84-38 -C-2A, 84-38-C-2B-1, 84-38-C-2B-2A P
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 1167/0012/LP/VMRDA/2024/MORTGAGE on the approving authority’s portal to confirm the sanction.

The approving body, at scale

The local planning authority

The body that sanctioned this project. It has approved 562 RERA projects across 8 mandals about 1 in 12 in Andhra Pradesh.

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.