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Detailed Report

SV LUCKY'S ICON

P03290655743 · RERA Andhra Pradesh · https://gethorizon.in/projects/sv-lucky-s-icon-ward-57-visakhapatnam-u-963hjgzl

01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 2BHK
Carpet area
72–73 sq m
Floors
5
Land area
278 sq m
Built-up area
1,073 sq m

Timeline

Project startedNov 2024
RERA approvedJul 2025
Proposed completionNov 2027
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 mOuter wall sq mCommon sq mTotal sq mParking sq m
10101 · 12BHK73.212.3129.92105.447.43
10201 · 12BHK71.923.8329.69105.447.43
20102 · 12BHK73.212.3129.92105.447.43
20202 · 12BHK71.923.8329.69105.447.43
30103 · 12BHK73.212.3129.92105.447.43
30203 · 12BHK71.923.8329.69105.447.43
40104 · 12BHK73.212.3129.92105.447.43
40204 · 12BHK71.923.8329.69105.447.43
G10G · 12BHK73.212.3129.92105.447.43
G20G · 12BHK71.923.8329.69105.447.43

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.

All 10 units as filed, two to a row · areas in sq m
UnitTypeCarpetOuter wallCommonTotalParkingUnitTypeCarpetOuter wallCommonTotalParking
10101 · 12BHK73.212.3129.92105.447.4310201 · 12BHK71.923.8329.69105.447.43
20102 · 12BHK73.212.3129.92105.447.4320202 · 12BHK71.923.8329.69105.447.43
30103 · 12BHK73.212.3129.92105.447.4330203 · 12BHK71.923.8329.69105.447.43
40104 · 12BHK73.212.3129.92105.447.4340204 · 12BHK71.923.8329.69105.447.43
G10G · 12BHK73.212.3129.92105.447.43G20G · 12BHK71.923.8329.69105.447.43
02

Builder’s track record

RERA Andhra Pradesh · Builder registration

SAI VARAHA CONSTRUCTIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 32 new projects last year
  • 211 nearby projects
1 km radius · coordinates as filed · 17.7433, 83.1950 · © OpenStreetMap contributors
Village
Ward-57
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530027
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.5km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 2.4 km · Anakapalli - Visakhapatnam - Anandapuram Main RoadRailway line 1.1 km · Howrah - Chennai Main LineRailway station 1.8km away (Simhachalam North)Bus stop within 1km
Water & environment
River 363 m · Meghadri GeddaWater body 437 mCanal 2.3 km
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

₹2.08 Cr declared to build 10 flats. What that works out to:

₹20.80 Lakhdeclared cost per flatall-in — land + construction
₹1,801/sq ftof built-up area₹19,383/sq m
17%of the cost is land₹1,185/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

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

The yearly satellite view ends in 2023 and this project started in 2024, so it does not cover this project's construction: the site was still open ground within ~20 m of the recorded location when the series ends. The 2026 image shows the site more recently.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.

Satellite photographs of the same ground

Feb 2017
Mar 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • The yearly site view ends in 2023, before this project started in 2024.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Andhra Pradesh registration department

In Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.

No government guidance rate is shown for this project.

Andhra Pradesh's schedule is in Horizon's record, but this project's filed location couldn't be matched to one place with certainty — so no figure is shown rather than a guess.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

06

Planning authority

RERA Andhra Pradesh · Approved building plan

Commissioner, ULB

Municipal / Corporation · Visakhapatnam
approved 30 Nov 2024 · 1 yr ago
Building Permit no. 1086/2277/B/Z6/NVA/2023Survey no. 223/2P & 6P
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 1086/2277/B/Z6/NVA/2023 on the approving authority’s portal to confirm the approval.

The approving body, at scale

Visakhapatnam

Municipal Corporation

Has approved 1,344 RERA projectsabout 1 in 5 in Andhra Pradesh, more than any other body in the state.

an apartments market87% 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.

08

Other projects nearby

The register · within 25 km

493 residential projects still under way within 25 km. Step out ring by ring:

Of the 211 projects the radar draws within 6 km — every kind, every stage — 86 are residential projects still under way. This list keeps only those, and looks further out.

3 projects within 1 km — showing the nearest 3.

30 m awayResidential

NAVADEEP EMPIRE

M/S NAVADEEP PROMOTORS · Narava · Pendurthi

Jun 2023registered
Apr 2026target completion
Declared cost₹3.79 CrScale20 flatsAuthorityRERA Andhra Pradesh
170 m awayResidential

SURYA HEAVEN

SSV PROMOTERS · Narava · Pendurthi

Jul 2026registered
Apr 2029target completion
Declared cost₹2.16 CrScale10 flatsAuthorityRERA Andhra Pradesh
870 m awayResidential

SURYA NANDAN APARTMENTS

BALIREDDY GAYATRI · Buchirajuppalem · Visakhapatnam

Aug 2024registered
Oct 2026target completion
Declared cost₹4.89 CrScale10 flatsAuthorityRERA Andhra Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Andhra Pradesh, as the builder submitted it.
  2. 02Builder's track record
    • RERA Andhra Pradesh: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Andhra Pradesh filing.
    • Coordinates: as filed with RERA Andhra Pradesh.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Andhra Pradesh's published schedules.
  6. 06Planning authority
    • RERA Andhra Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Andhra Pradesh's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/sv-lucky-s-icon-ward-57-visakhapatnam-u-963hjgzl.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.