HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
15 flats
Unit mix
15 × 3BHK
Carpet area
93–101 sq m
Floors
5
Land area
726 sq m
Built-up area
2,471 sq m

Timeline

Project startedJul 2023
RERA approvedFeb 2024
Proposed completionJul 2026
TodayJul 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
101Ground Floor · SVR MAJESTIC3BHK99.139.1212.6129.64157.937.43
102Ground Floor · SVR MAJESTIC3BHK101.038.2811.9229.27157.937.43
103Ground Floor · SVR MAJESTIC3BHK92.6622.7712.2132.16167.227.43
201First Floor · SVR MAJESTIC3BHK99.139.1312.6129.64157.947.43
202First Floor · SVR MAJESTIC3BHK101.038.2811.9229.27157.937.43
203First Floor · SVR MAJESTIC3BHK92.6622.7712.2132.16167.227.43
301Second Floor · SVR MAJESTIC3BHK99.139.1312.6129.64157.947.43
302Second Floor · SVR MAJESTIC3BHK101.038.2811.9229.27157.937.43
303Second Floor · SVR MAJESTIC3BHK92.6622.7712.2132.16167.227.43
401Third Floor · SVR MAJESTIC3BHK99.139.1312.6129.64157.947.43
402Third Floor · SVR MAJESTIC3BHK101.038.2811.9229.27157.937.43
403Third Floor · SVR MAJESTIC3BHK92.6622.7712.2132.16167.227.43
501Fourth Floor · SVR MAJESTIC3BHK99.139.1312.6129.64157.947.43
502Fourth Floor · SVR MAJESTIC3BHK101.038.2811.9229.27157.937.43
503Fourth Floor · SVR MAJESTIC3BHK92.6622.7712.2132.16167.227.43

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.

02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

SVR TEJITH BUILDERS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2024–2026Active
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
Maddilapalem
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530013
What’s nearby
Schools2 schools within 500m · 4 educational institutions within 1km · College or university 401m away
HealthcareHospital 302m away · 3 clinics within 1km · Pharmacy within 500m
LifestylePark 868m away · Gym or sports centre 1.2km away · 22+ restaurants and cafes within 1km
ShoppingSupermarket 595m away · Mall 263m away · Bank 378m away
Getting around
Primary road 211 m · Visakhapatnam - Anandapuram Main RoadRailway line 4.4 kmRailway station 4.6km away (Visakhapatnam)3 bus stops within 500m
Water & environment
Water body 1.2 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

₹11.00 Cr declared to build 15 flats. What that works out to:

₹73.33 Lakhdeclared cost per flatall-in — land + construction
₹4,136/sq ftof built-up area₹44,523/sq m
65%of the cost is land₹9,088/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.

Government guidance value
₹85,000/sq ydresidential

₹1,01,659/sq m · effective Feb 2025 · locality range ₹85,000–₹1,00,000

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

Director, Town and Country Planning

Town & Country Planning (DTCP) · D.NOS-55-1-29/1,55-1-28/1,PLOT.NOS-19&17T.P.NO-35/70, IN SURVEY .NO-22/5B,OF MADDILAPALEM VILLAGE, J.R.NAGAR AREA DIV-16, ZONE-3 G.V.M.C., VISAKHAPATNAM
approved 3 Jul 2023 · 3 yrs ago
Building Permit no. 1086/2038/B/Z3/MEM/2023Survey no. 22/5B

The promised possession date (3 Jul 2026) 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 1086/2038/B/Z3/MEM/2023 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the sanction.

The approving body, at scale

Director, Town & Country Planning (DTCP)

Andhra Pradesh's statewide town-planning directorate. It has approved 1,597 RERA projects across 13 mandals about 1 in 4 in Andhra Pradesh.

This project sits in its D.NOS-55-1-29/1,55-1-28/1,PLOT.NOS-19&17T.P.NO-35/70, IN SURVEY .NO-22/5B,OF MADDILAPALEM VILLAGE, J.R.NAGAR AREA DIV-16, ZONE-3 G.V.M.C., VISAKHAPATNAM area — a smaller local market, with too few RERA projects on record to profile on its own.

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.