HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
20 flats
Unit mix
20 × 3BHK
Carpet area
112–113 sq m
Floors
5
Land area
960 sq m
Built-up area
3,300 sq m

Timeline

Project startedMay 2022
RERA approvedSep 2022
Proposed completionMay 2025
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 · MAIN BLOCK3BHK113.191.529.03123.747.43
102GROUND FLOOR · MAIN BLOCK3BHK112.911.529.03123.467.43
103GROUND FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
104GROUND FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
201FIRST FLOOR · MAIN BLOCK3BHK113.191.689.03123.907.43
202FIRST FLOOR · MAIN BLOCK3BHK112.911.529.03123.467.43
203FIRST FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
204FIRST FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
301SECOND FLOOR · MAIN BLOCK3BHK113.191.529.03123.747.43
302SECOND FLOOR · MAIN BLOCK3BHK112.911.689.03123.627.43
303SECOND FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
304SECOND FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
401THIRD FLOOR · MAIN BLOCK3BHK113.191.529.03123.747.43
402THIRD FLOOR · MAIN BLOCK3BHK112.911.529.03123.467.43
403THIRD FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
404THIRD FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
501FOURTH FLOOR · MAIN BLOCK3BHK113.191.689.03123.907.43
502FOURTH FLOOR · MAIN BLOCK3BHK112.911.529.03123.467.43
503FOURTH FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43
504FOURTH FLOOR · MAIN BLOCK3BHK112.0710.38122.457.43

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

M/S SIMHADRI FOUNDATIONS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2022–2025Active
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
Visakhapatnam
Mandal
Visakhapatnam(U)
District
Visakhapatnam
Pincode
530041
What’s nearby
SchoolsNearest school 1.4km away
HealthcareHospital 156m away · 4 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 638m away · 13+ restaurants and cafes within 1km
ShoppingSupermarket 232m away · Bank 142m away
Getting around
Primary road 225 m · Anakapalli - Visakhapatnam - Anandapuram Main RoadNo metro or railway within 5km4 bus stops within 500m
Water & environment
River 1.2 kmWater 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

₹6.36 Cr declared to build 20 flats. What that works out to:

₹31.81 Lakhdeclared cost per flatall-in — land + construction
₹1,791/sq ftof built-up area₹19,278/sq m
56%of the cost is land₹3,475/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
₹65,000/sq ydresidential

₹77,739/sq m · effective Feb 2025 · locality range ₹60,000–₹1,12,000

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 20 May 2022 · 4 yrs ago
Building Permit no. 1086/3625/B/Z1/PEM/2021Survey no. 63/1

The promised possession date (20 May 2025) 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 1086/3625/B/Z1/PEM/2021 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.