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Detailed Report

VRK ELITE

P07260033785 · RERA Andhra Pradesh · https://gethorizon.in/projects/vrk-elite-koritepadu-r-guntur-h503xuvi

01

Complete project overview

RERA Andhra Pradesh · Registration filing
Units
10 flats
Unit mix
8 × 3 BK · 2 × 3BK
Carpet area
110–128 sq m
Floors
5
Land area
439 sq m
Built-up area
1,410 sq m

Timeline

Project startedApr 2023
RERA approvedJul 2023
Proposed completionMar 2024
TodaySep 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
10101 · VRK ELITE3 BK109.6112.218.4817.58122.5325.94
10201 · VRK ELITE3BK128.4412.928.9917.58140.6525.94
20102 · VRK ELITE3BK109.6112.218.9917.58122.5325.94
20202 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
30103 · VRK ELITE3 BK109.6112.218.9917.58122.5325.94
30203 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
40104 · VRK ELITE3 BK109.6112.218.9917.58122.5325.94
40204 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
50105 · VRK ELITE3 BK109.6112.218.9917.58122.5325.94
50205 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94

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.

All 10 units as filed, two to a row · areas in sq m
UnitTypeCarpetBalconyOuter wallCommonTotalParkingUnitTypeCarpetBalconyOuter wallCommonTotalParking
10101 · VRK ELITE3 BK109.6112.218.4817.58122.5325.9410201 · VRK ELITE3BK128.4412.928.9917.58140.6525.94
20102 · VRK ELITE3BK109.6112.218.9917.58122.5325.9420202 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
30103 · VRK ELITE3 BK109.6112.218.9917.58122.5325.9430203 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
40104 · VRK ELITE3 BK109.6112.218.9917.58122.5325.9440204 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
50105 · VRK ELITE3 BK109.6112.218.9917.58122.5325.9450205 · VRK ELITE3 BK128.4412.928.9917.58140.6525.94
02

Builder’s track record

RERA Andhra Pradesh · Builder registration

AR CONSTRUCTIONS

Partnership/LLP FirmPromoter type
GunturBased in
7Projects
4Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
90 homeson the public record across 7 projects
14,589 sq mbuilt-up filed
4,698 sq mland declared
₹55.32 Crdeclared build cost

Build cost is what the builder 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
Commissioner, ULBMunicipal / Corporation3 of 7 projects
Director, Town and Country PlanningTown & Country Planning (DTCP)this project3 of 7 projects
Greater Hyderabad Municipal Corporation (GHMC)Municipal / Corporation1 of 7 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 builder, 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.

More from AR CONSTRUCTIONS— the full portfolio →

03

Location & price analysis

RERA Andhra Pradesh · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 8 new projects last year
  • 46 nearby projects
1 km radius · coordinates as filed · 16.1931, 80.2444 · © OpenStreetMap contributors
Village
KORITEPADU (R)
Mandal
Guntur
District
Guntur
Pincode
522006
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.1 kmPrimary road 3.9 km · Phirangipuram - Solasa - Satuluru RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Canal 598 mWater body 1.4 kmRiver 3.9 km · Nakkavagu
distances only — not a flood assessment
Government land classification

Land here includes House Sites (residential). The state classes land per survey— confirm your plot’s survey number is House Sites.

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

₹30.40 Cr declared to build 10 flats. What that works out to:

₹3.04 Crdeclared cost per flatall-in — land + construction
₹20,032/sq ftof built-up area₹2,15,627/sq m
30%of the cost is land₹19,048/sq ft of land

This is what the builder 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

Government Guidance Rate

AP Registration & Stamps

In Andhra Pradesh it’s called the market value — the registration department's figure, not a sale price.

₹24,000per sq yd
₹28,704per sq m
Which rate
House Sites
Matched to
The rate published for the village of “KORITEPADU (R)”.
In force
effective Feb 2025
Last revision
Up from ₹22,000 per sq yd

What this number is — and isn’t

  • The minimum value Andhra Pradesh’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Andhra Pradesh · Approved building plan

Director, Town and Country Planning

Town & Country Planning (DTCP) · 1-32-47, 4/2SVN COLONY
approved 24 Apr 2023 · 3 yrs ago
Building Permit no. 1021/0178/B/GNTC/S.V/2023Survey no. 259/c

The promised possession date (31 Mar 2024) 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

An approved 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 approved plan carries penalty or demolition risk.

Verify it yourself — look up plan 1021/0178/B/GNTC/S.V/2023 on the approving authority’s portal (dtcp.ap.gov.in) to confirm the approval.

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 1-32-47, 4/2SVN COLONY 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.

See every project approved by RERA Andhra Pradesh

07

Other projects nearby

The register · within 25 km

216 residential projects still under way within 25 km. Step out ring by ring:

Of the 46 projects the radar draws within 6 km — every kind, every stage — 20 are residential projects still under way. This list keeps only those, and looks further out.

2 projects within 1 km — showing the nearest 2.

300 m awayResidential

LOTUS LEAF

MOPARTHI SURENDRA BABU · GUNTUR · Guntur

Jul 2024registered
Sep 2026target completion
Declared cost₹3.24 CrScale10 flatsAuthorityRERA Andhra Pradesh
970 m awayResidential

YAGANTI SIGNATURE SUITES

YAGANTI CONSTRUCTIONS · GUNTUR · Guntur

Aug 2024registered
Jun 2027target completion
Declared cost₹39.49 CrScale43 flatsAuthorityRERA Andhra Pradesh

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Andhra Pradesh, as the builder submitted it.
  2. 02Builder's track record
    • RERA Andhra Pradesh: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Andhra Pradesh filing.
    • Coordinates: as filed with RERA Andhra Pradesh.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • Land classification: AP Registration & Stamps.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • AP Registration & Stamps.
  5. 05Planning authority
    • RERA Andhra Pradesh: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Andhra Pradesh's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/vrk-elite-koritepadu-r-guntur-h503xuvi.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.