HORIZONMarkets

Timeline

Project startedJan 2021
RERA approvedJan 2024
Proposed completionJan 2027
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SUBBRADA FORTE OWNERS WELFARE ASSOCIATION AND VALLURU BASAVAIAH CHOWDARY

Trust/SocietyPromoter type
KrishnaBased in
1Projects
1City
2024–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
VIJAYAWADA(URBAN)
Mandal
Vijayawada Urban
District
Krishna
Pincode
520010
What’s nearby
Schools2 schools within 500m · 11 educational institutions within 1km · College or university 188m away
HealthcareHospital 95m away · 18 clinics within 1km · Pharmacy within 500m
LifestylePark 1.3km away · Gym or sports centre 320m away · 108+ restaurants and cafes within 1km
ShoppingSupermarket 213m away · Mall 363m away · Bank 175m away
Getting around
Expressway 824 mPrimary road 877 m · Old NH16 RoadRailway line 2.3 kmRailway station 2.4km away (Madhura Nagar)9 bus stops within 500m
Declared external development
Water supply99%
Solid waste50%
Water50%
Sewage25%
Electricity25%
Fire safety25%
Roads0%
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

₹63.72 Cr declared. What that works out to:

39%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
₹83,000/sq ydresidential

₹99,267/sq m · effective Feb 2025 · locality range ₹39,000–₹1,15,000

The state’s minimum value for this locality’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 25 Jan 2021 · 5 yrs ago
Building Permit no. 1073/1273/B/VMC/MOG/2016Survey no. 47
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 1073/1273/B/VMC/MOG/2016 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.