HORIZONMarkets

Timeline

Project startedMar 2024
RERA approvedMay 2024
Proposed completionMar 2030
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

PALLE VENKATA RAMANA REDDY

IndividualPromoter type
Ananthapuramu, Andhra PradeshBased 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
KAKKALAPALLE (RURAL)
Mandal
Anantapur
District
Ananthapuramu
Pincode
515004
What’s nearby
Schools1 school within 1km
HealthcareHospital 496m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 262 mPrimary road 1.3 km · Anantapur - Tagarakunta RoadRailway line 1.6 kmRailway station 1.8km away (Prasannayanapalli)Limited bus connectivity nearby
Water & environment
Water body 2.6 kmRiver 3.7 km
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential), plus Agricultural Land fit for H.S., Land abutting NH/SH/ZPP/MPP, Dry land. The state classes land per survey— confirm your plot’s survey number is House Sites.

AP Registration & Stamps
Declared external development
Roads10%
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

₹59.31 Cr declared. What that works out to:

18%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
₹14,000/sq ydHouse Sites

₹16,744/sq m · effective Feb 2025 · revised up from ₹6,000

The state’s minimum value for this village’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

Vice Chairman, UDA

Urban Development Authority · Anatapur
approved 27 Mar 2024 · 2 yrs ago
Building Permit no. 1107/0045/B/ATP/KKLPLI/2022Survey no. 159/1E
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 1107/0045/B/ATP/KKLPLI/2022 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Anantapur

Urban Development Authority

Has approved 51 RERA projects0.8% of Andhra Pradesh.

a mixed market39% apartments · 61% plotted layouts.

Builders
38
On record
1,140 flats · 5,557 plots
Reach
12 mandals
Since
2018

More layout-heavy than Andhra Pradesh overall — 61% plots here vs 26% 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.

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.