HORIZONMarkets
01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
10 × 2BHK
Carpet area
63–70 sq m
Floors
5
Land area
251 sq m
Built-up area
1,121 sq m

Timeline

Project startedJan 2026
RERA approvedMay 2026
Proposed completionJan 2029
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 · VISHNU SAI NIVAS2BHK63.4916.082.2120.4565.707.43
102GROUND FLOOR · VISHNU SAI NIVAS2BHK65.1817.782.5421.3867.727.43
201FIRST FLOOR · VISHNU SAI NIVAS2BHK63.4916.082.2120.4565.707.43
202FIRST FLOOR · VISHNU SAI NIVAS2BHK65.1817.782.5421.3867.727.43
301SECOND FLOOR · VISHNU SAI NIVAS2BHK63.4916.082.2120.4565.707.43
302SECOND FLOOR · VISHNU SAI NIVAS2BHK65.1817.782.5421.3867.727.43
401THIRD FLOOR · VISHNU SAI NIVAS2BHK69.5816.082.4820.4572.067.43
402THIRD FLOOR · VISHNU SAI NIVAS2BHK6917.782.8521.3871.857.43
501FOURTH FLOOR · VISHNU SAI NIVAS2BHK69.5816.082.4820.4572.067.43
502FOURTH FLOOR · VISHNU SAI NIVAS2BHK69.0217.782.8321.3871.857.43

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

VICTORY DEVELOPERS

Partnership/LLP FirmPromoter type
VisakhapatnamBased in
1Projects
1City
2026–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
Chinamushidivada
Mandal
Pendurthi
District
Visakhapatnam
Pincode
531173
What’s nearby
SchoolsNearest school 1.2km away
HealthcareHospital 1.1km away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 1.0km away
ShoppingSupermarket 1.1km away
Getting around
Expressway 3.8 km · Visakhapatnam BypassPrimary road 1.1 km · Vishakapatnam - Srungavarapukota - Araku RoadRailway line 2.8 kmRailway station 3.1km away (Pendurthi)Limited bus connectivity nearby
Water & environment
Water body 848 m
distances only — not a flood assessment
Government land classification

No residential (House Sites) class on record. The state classes this village’s land as Agricultural Land fit for H.S.. If it’s sold as residential plots, verify the layout’s conversion / approval.

AP Registration & Stamps
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

₹3.27 Cr declared to build 10 flats. What that works out to:

₹32.68 Lakhdeclared cost per flatall-in — land + construction
₹2,708/sq ftof built-up area₹29,149/sq m
20%of the cost is land₹2,445/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
₹40,000/sq ydresidential

₹47,840/sq m · effective Feb 2025 · locality range ₹30,000–₹40,000

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) · PLOT NO. 108, SITUATED IN TEACHERS LAYOUT, COVERED BY SURVEY NO. 182/2 OF CHINAMUSHIDIWADA VILLAGE, VISAKHAPATNAM
approved 30 Jan 2026 · 6 mo ago
Building Permit no. 1086/3489/B/Z8/CDA/2025Survey no. 182/2
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 1086/3489/B/Z8/CDA/2025 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 PLOT NO. 108, SITUATED IN TEACHERS LAYOUT, COVERED BY SURVEY NO. 182/2 OF CHINAMUSHIDIWADA VILLAGE, 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.