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Registration approved No litigation declared Residential/Group Housing project

ALORA

By THE FORTUNE FIVE

RG-KA-49633 · RERA PRM/KA/RERA/1249/447/PR/111124/007215 · Last updated on RERA Karnataka portal: 19 Feb 2026

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Jun 2029Possession promisedno revision filed
0 of 17Construction stages donefurthest along: Earth work and other leveling..., 0%
56 of 56Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 86 documents Report an error

ALORA is a Residential/Group Housing project by THE FORTUNE FIVE in Belagavi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1249/447/PR/111124/007215 on 11 Nov 2024. Possession is promised by 30 Jun 2029. 0 of the 56 units on this registration are recorded sold or booked, and 0 of 17 construction stages are filed complete.

At a glance

Project

  • NameALORA
  • TypeResidential/Group Housing
  • Location
    • Belagavi
    • 590006
  • Pincode590006
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1249/447/PR/111124/007215
  • ReraGenie IDRG-KA-49633

Builder

  • NameTHE FORTUNE FIVE
  • Entity typePartnership Firm
  • GSTIN29AAIFT8378C1ZO
  • Authorized SignatoryPankaj Balakrishna Bhatkande
  • Other registrations1 more →
  • Declared earlier projects1 →

Key dates

this monthRegisteredNov 2024PromisedJun 2029

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on11 Nov 2024
  • Promised completion30 Jun 2029
  • Revised completionNone
  • Buildings1 building record
  • Documents filed86 files

Current status

0%0 of 56 units booked
0.3%Of the estimated cost spent so far

Figures as on 19 Feb 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
ALORA---55055

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 19 Feb 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

0 of 17 construction stages are filed complete. The stage furthest along is Earth work and other leveling preparation work, at 0%.

Building: 0% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work0%
Foundation footing work0%
Upto Plinth Level0%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)0%
Retaining wall (All types)Not applicable
RCC or MS Framed structure0%
Masonry Construction0%
Plastering inside , outside & Ceiling0%
Joinery: Doors, Windows, Ventilators etc0%
Basic work of Water supply, Sanitary and Electrification0%
Dadoing, Skirting, Flooring, Tiles work (All types)0%
Railing and Grill fixing0%
Electrification, Water supply and Sanitary Finishing0%
Painting0%
Fire prevention and fire fighting fitting and fixture with network0%
Weather Proof work(tile,concrete)0%
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work0%
Internal and External work including landscapes as per sanctioned drawings0%

Progress on shared amenities56

As on 19 Feb 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes0%
Sewage and Drainage SystemYes0%
Water conservation/rain water harvesting/recharge of ground waterYes0%
Energy managementYes0%
Fire protection and fire safety requirementsYes0%
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesYes0%
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationNoNot applicable
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes0%
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes0%
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolYes0%
GymYes0%
ParksNoNot applicable
Power BackupNoNot applicable
Piped GasNoNot applicable
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
YogaNoNot applicable
Overhead TankYes0%
StaircasesYes0%
LiftsYes0%
Corridor/LobbiesNoNot applicable
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahNoNot applicable
BasementNoNot applicable
TerraceYes0%
Outer WallNoNot applicable
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable
Service ShaftNoNot applicable
Sky lightYes0%
Security RoomYes0%
U.G. Pump and Pump RoomYes0%
Storm Water PumpYes0%
D,G RoomNoNot applicable
Transformer YardYes0%
Fire ShaftYes0%
LobbyYes0%
Amenities lobbyYes0%
Terrace for AmenitiesYes0%
Head RoomYes0%
Parking AreaYes0%
STPYes0%

Land and ownership4

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area5,093 sq m
Named landowners4
LandownerVillageDistrict
The Fortune Five--
The Fortune Five--
The Fortune Five--
The Fortune Five--

Project account and cost

70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Estimated costRs 81.29 cr
Cost incurredRs 25.52 lakh
Spent of the estimate0.31%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 70.00 crRs 25.52 lakh
Principal sum and interest payable to financial institutions-Scheduled BanksRs 8.98 cr-
On-site expenditure-Consultants FeesRs 91.01 lakh-
On-site expenditure-Salaries of workersRs 65.85 lakh-
On-site expenditure-Site OverheadRs 45.25 lakh-
Payment of taxes, cess, charges, premiums etc to Statutory AuthorityRs 22.20 lakh-
On-site expenditure-Cost Of Services(Water, Electricity, Sewage)Rs 7.10 lakh-

Certifying professionals and partners3

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectGanesh Gopalrao Salunkhe
EngineerVinay Janardhan Behere
Chartered AccountantKiran Shrikanr Kamble

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed86

As listed on the registration, under the names the promoter filed them with; the newest 80 of 86 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1249/447/PR/111124/007215 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: ALORA Form-4 Q3 (25-26) Compressed.pdf19 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: RERA Alora Form 5 Q3 (25-26) Compressed.pdf19 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Alora Form -6, Engineer (Q-3-25-26).pdf19 Feb 2026
Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres)19 Feb 2026
BUILDING PERMISSIONFile: Building Permission.pdf5 Nov 2024
CHARTERED ACCOUNTANT KYC AND MEMBERSHIP CERTIFICATEFile: CA KYC and Memership Certificate.pdf5 Nov 2024
COMMON AREA AND AMENITIESFile: Common Areas and Amenities.pdf5 Nov 2024
SOURCES OF WATERFile: Karnataka Urban Water Supply Board SiteB.pdf5 Nov 2024
ECFile: New NIL EC.pdf5 Nov 2024
ORIGINAL SANCTION DRAWINGFile: Original Sanction Drawings.pdf5 Nov 2024
UNIT DETAILSFile: Revised Tower and Unit details.pdf5 Nov 2024
QUIRY REPLAYFile: Submission dated 12092024.pdf5 Nov 2024
CLARIFICATION OF AIRPORT AUTHORITYFile: NOC of Airport Authority.pdf5 Nov 2024
SINGLE PLOT LAYOUT AND ORDERFile: Single plot layout.pdf5 Nov 2024
SOURCES OF FUNDSFile: Source of funds.pdf5 Nov 2024
CLARIFICATION OF COMMENCEMENT CERTIFICATEFile: Commencement certificate.pdf5 Nov 2024
MASTER PLANFile: MASTER PLAN.pdf5 Nov 2024
VILLAGE MAPFile: VILLAGE MAP.pdf5 Nov 2024
PROFORMA OF AGREEMENT OF SALEFile: Agreement of Sale Proforma.pdf5 Nov 2024
PROFORMA OF ALLOTMENT LETTERFile: MODEL FORM OF ALLOTMENT LETTER.pdf5 Nov 2024
Revised Bank AffidavitFile: Affidavit Bank.pdf13 Sep 2024
CA KYC and Membership CertificateFile: CA KYC and Memership Certificate.pdf13 Sep 2024
Latest CTS Extract 6160/4File: CTS Extract 6160 (4).pdf13 Sep 2024
Latest CTS Extract 6160/5File: CTS Extract 6160 (5).pdf13 Sep 2024
Latest CTS Extract 6160/6File: CTS Extract 6160 (6).pdf13 Sep 2024
Latest CTS Extract 6160/8File: CTS Extract 6160 (8).pdf13 Sep 2024
New NIL ECFile: New NIL EC.pdf13 Sep 2024
Revised notarized affidavit of No LitigationsFile: Affidavit of No litigation.pdf13 Sep 2024
Revised Form-B AffidavitFile: Affidavit cum declaration.pdf13 Sep 2024
Original Copy of Building PermissionFile: Building Permission.pdf13 Sep 2024
Original Sanction Drawings, Floor Plan, Sectional DrawingsFile: Original Sanction Drawings.pdf13 Sep 2024
Amenities and Common Areas certified by EngineerFile: Common Areas and Amenities.pdf13 Sep 2024
Engineer Certificate Form-3File: Form-3 Engineer's certificate.pdf13 Sep 2024
STP design drawingFile: New STP drawing rera.pdf13 Sep 2024
The self-attested copy of Guidance Value of the landFile: Calculation of land value.pdf13 Sep 2024
Estimated Cost of Construction as certified by the Project EngineerFile: Estimated Cost of Construction.pdf13 Sep 2024
Revised section 3(1) notarized affidavit.File: Affidavit Section-3.pdf13 Sep 2024
Proforma of Allotment letterFile: New Allotment letter of Alora.pdf13 Sep 2024
Proforma of Agreement for SaleFile: New Proforma of Agreement for sale.pdf13 Sep 2024
NOC from HescomFile: Hubli Electricity supply Co Ltd.pdf13 Sep 2024
NOC from KUWSDBFile: Karnataka Urban Water Supply Board Site-B.pdf13 Sep 2024
NOC from Fire DeptFile: FIRE NOC Site B.pdf13 Sep 2024
Revised Tower and Unit detailsFile: Revised Tower and Unit details.pdf13 Sep 2024
Submission dated 12-09-2024File: Submission dated 12-09-2024.pdf13 Sep 2024
Registration CertificateFile: The Fortune Five Firm Reg Certificate.pdf-
Partnership DeedFile: partnership deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1 Alora.pdf-
Certificate issued by Architect Form 2File: Form-2 Alora.pdf-
Certificate issued by Engineer Form 3File: Form-3 Alora.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Affidavit of No litigation.pdf-
Balance Sheet 2022 - 2023File: Profit and Loss and Balance Sheet 22-23.pdf-
Balance Sheet 2021 - 2022File: Profit and Loss and Balance Sheet 21-22.pdf-
Balance Sheet 2020 - 2021File: Profit and Loss and Balance Sheet 20-21.pdf-
Audited Profit and Loss Statement 2022 - 2023File: Profit and Loss and Balance Sheet 22-23.pdf-
Audited Profit and Loss Statement 2021 - 2022File: Profit and Loss and Balance Sheet 21-22.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Profit and Loss and Balance Sheet 20-21.pdf-
Auditor's Report 2022 - 2023File: Audit Report 22-23.pdf-
Auditor's Report 2021 - 2022File: Audit Report 21-22.pdf-
Auditor's Report 2020 - 2021File: Audit Report 20-21.pdf-
Income Tax Return Acknowledgement 2022 - 2023File: IT Ack AY 23-24.pdf-
Income Tax Return Acknowledgement 2021 - 2022File: IT Ack AY 22-23.pdf-
Income Tax Return Acknowledgement 2020 - 2021File: IT Ack AY 21-22.pdf-
Buliding permission letter site 'B'-
Hubli Electricity supply Co Ltd-
Karnataka Urban Water Supply Board Site-B-
DWG 1_Layout_Layout1_BGM_LBPAS_23900_23_24_BP-
DWG 1_Layout_Layout1_BGM_LBPAS_23900_23_24_BP-
DWG 1_Layout_Layout1_BGM_LBPAS_23900_23_24_BP-
Specfication-Annexure-75-
StabilityFortune Five apt-certificate31012024-
Proforma of Agreement of Sale-
AllotmentLetter-
Yet to be Prepared-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 under way, not due yet
ProjectLocationStatusPromisedDelivered
FORTUNE TOWERCTS No. 6160/3, 6160/4,6160/5, 6161/6,6161/8,6160/9 , Khanapur Road , khanapur road , BELAGAVI , Belagavi (Belgaum), Karnataka - 590006OngoingMar 2027Not due yet

How this compares with Belagavi

0%of this project is bookeddistrict median 39%
24%of Belagavi projects moved their completion datethis one has not
0%of Belagavi registrations are shown as withdrawn or revokedthis one is not

Computed across the 460+ Belagavi projects on ReraGenie, from their own filings.

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Other projects near Belagavi460+ in Belagavi

2 kmALORAOther 59Dot size: filed unitsN

Filed coordinates, straight-line distance. 59 registered projects within 2 km.

Builder: THE FORTUNE FIVE

THE FORTUNE FIVE has 2 registrations on RERA Karnataka, including ALORA and FORTUNE TOWER. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Belagavi district page.

Frequently asked questions

What are my rights if ALORA is delayed beyond 30 Jun 2029?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.

How do I verify and contact the developer of ALORA?

The registered promoter entity is THE FORTUNE FIVE, a partnership firm as per the filing. Its GSTIN 29AAIFT8378C1ZO can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.

Is my payment protected in ALORA?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

Who certifies construction progress at ALORA?

The professionals named in the filing: Architect: Ganesh Gopalrao Salunkhe; Engineer: Vinay Janardhan Behere; Chartered Accountant: Kiran Shrikanr Kamble. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in ALORA?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.

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