HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
20 flats
Unit mix
20 × 3BHK
Carpet area
70–89 sq m
Floors
5
Land area
745 sq m
Built-up area
2,516 sq m

Timeline

Project startedFeb 2022
RERA approvedMay 2022
Proposed completionDec 2023
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
1AGROUND FLOOR · THE ICON3BHK69.644.503.3218.27116.5920.86
1BGROUND FLOOR · THE ICON3BHK75.083.593.9618.27121.7620.86
1CGROUND FLOOR · THE ICON3BHK89.094.553.9018.27136.6720.86
1DGROUND FLOOR · THE ICON3BHK79.213.533.7618.27125.6320.86
2AFIRST FLOOR · THE ICON3BHK69.644.503.3218.27116.5920.86
2BFIRST FLOOR · THE ICON3BHK75.083.593.9618.27121.7620.86
2CFIRST FLOOR · THE ICON3BHK89.094.553.9018.27136.6720.86
2DFIRST FLOOR · THE ICON3BHK79.213.533.7618.27125.6320.86
3ASECOND FLOOR · THE ICON3BHK69.644.503.3218.27116.5920.86
3BSECOND FLOOR · THE ICON3BHK75.083.593.9618.27121.7620.86
3CSECOND FLOOR · THE ICON3BHK89.094.553.9018.27136.6720.86
3DSECOND FLOOR · THE ICON3BHK79.213.533.7618.27125.6320.86
4ATHIRD FLOOR · THE ICON3BHK69.644.503.3218.27116.5920.86
4BTHIRD FLOOR · THE ICON3BHK75.083.593.9618.27121.7620.86
4CTHIRD FLOOR · THE ICON3BHK89.094.553.9018.27136.6720.86
4DTHIRD FLOOR · THE ICON3BHK79.213.533.7618.27125.6320.86
5AFOURTH FLOOR · THE ICON3BHK69.644.503.3218.27116.5920.86
5BFOURTH FLOOR · THE ICON3BHK75.083.593.9618.27121.7620.86
5CFOURTH FLOOR · THE ICON3BHK89.094.553.9018.27136.6720.86
5DFOURTH FLOOR · THE ICON3BHK79.213.533.7618.27125.6320.86

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

SRI SREENIVASA INFRA

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
5Projects
3Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2,151 homeson the public record across 5 projects
8,40,082 sq mbuilt-up filed
1,09,873 sq mland declared
₹7.19 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.

Planning authoritiesthis builder's portfolio, by approving body
Hyderabad Metropolitan Development Authority (HMDA)Urban Development Authority3 of 4 projects
Greater Hyderabad Municipal Corporation (GHMC)Municipal / Corporation1 of 4 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Madhavadhara
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530025
What’s nearby
Schools2 schools within 1km · 3 educational institutions within 1km
HealthcareHospital 691m away · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 582m away · 5 restaurants and cafes within 1km
ShoppingSupermarket 171m away · Mall 1.7km away · Bank 257m away
Getting around
Primary road 516 m · Anakapalli - Visakhapatnam - Anandapuram Main RoadRailway line 1.5 km · Howrah - Chennai Main LineRailway station 1.5km away (Marripalem)Bus stop within 500m
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

₹7.19 Cr declared to build 20 flats. What that works out to:

₹35.96 Lakhdeclared cost per flatall-in — land + construction
₹2,656/sq ftof built-up area₹28,584/sq m
46%of the cost is land₹4,093/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
₹67,000/sq ydresidential

₹80,131/sq m · effective Feb 2025 · locality range ₹64,000–₹67,000

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
approved 30 Dec 2020 · 5 yrs ago
Building Permit no. 1086/2540/B/Z4/MRA/2019Survey no. 20/4B

The promised possession date (30 Dec 2023) 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 1086/2540/B/Z4/MRA/2019 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.