HORIZONMarkets

Timeline

Project startedOct 2022
RERA approvedDec 2022
Proposed completionOct 2028
TodayJul 2026
02

Builder’s track record

RERA Andhra Pradesh · Promoter registration

GUPTHAS CONSTRUCTIONS COMPANY

Partnership/LLP FirmPromoter type
PrakasamBased in
6Projects
2Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
180 homeson the public record across 6 projects
65,268 sq mbuilt-up filed
47,717 sq mland declared
₹136.81 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.

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
KOTHAMAMIDI PALEM
Mandal
Ongole
District
Prakasam
Pincode
523002
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.2km away
LifestyleNo parks within 2km
ShoppingSupermarket 1.3km away
Getting around
Expressway 4.1 kmPrimary road 503 m · Ongole Old BypassRailway line 3.5 km · Howrah - Chennai Main LineRailway station 3.9km away (Ongole)Limited bus connectivity nearby
Water & environment
Water body 946 m · Summer Storage TankRiver 3.3 km
distances only — not a flood assessment
Declared external development
Water20%
Emergency exits15%
Water supply10%
Fire safety10%
Renewable energy10%
Roads5%
Sewage0%
Electricity0%
Solid waste0%
% 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

₹76.00 Cr declared. What that works out to:

5%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.

04

Planning authority

RERA Andhra Pradesh · Approved building plan

Director, Town and Country Planning

Town & Country Planning (DTCP) · ONGOLE
approved 16 Oct 2022 · 3 yrs ago
Building Permit no. 1035/0304/B/ONG/KTHMMDPLM/2022Survey no. 32/1A1
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 1035/0304/B/ONG/KTHMMDPLM/2022 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the sanction.

The approving body, at scale

Ongole

Municipal Corporation

Has approved 29 RERA projects0.4% of Andhra Pradesh.

an apartments market79% apartments · 21% plotted layouts. Apartments like yours are this body's core business.

Builders
27
On record
433 flats · 1,774 plots
Reach
8 mandals
Since
2019

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.