Home / Browse projects / Raigarh, Maharashtra / ASCENT FORTUNE PHASE 1
ASCENT FORTUNE PHASE 1
RG-MH-29724 · RERA P52000028967 · Last updated on MahaRERA portal: 28 Jan 2026
Source: official MahaRERA filing
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Red flags
- Completion date moved by 48 months
- 2 extensions taken
Clear
- No litigation declared
- No complaints on record
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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ASCENT FORTUNE PHASE 1 is a Others project by ASCENT REALTY in Raigarh, Maharashtra, registered with MahaRERA as P52000028967 on 15 Apr 2021. Possession is promised by 31 Dec 2027. The completion date has moved by 48 months from the original filing. 54 of the 173 units on this registration are recorded sold or booked, and 4 of 22 construction stages are filed complete.
At a glance
Project
- NameASCENT FORTUNE PHASE 1
- TypeOthers
- Location
- NA
- DAHIVALI TARFE NEED
- Karjat
- Raigarh
- 410201
- Pincode410201
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52000028967
- ReraGenie IDRG-MH-29724
Builder
- NameASCENT REALTY
- Entity typePartnership
- PartnersATIF ISLAM, JOHNNY ANTHONY JOSEPH, SUNIL BENIBAHADUR YADAV
- Other registrations1 more →
- No longer live1 lapsed, de-registered or revoked
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on15 Apr 2021
- Promised completion31 Dec 2027
- Revised completionRevised to 31 Dec 2027 (originally 31 Dec 2023)
- Buildings2 building records
- Documents filed57 files
Current status
Figures as on 28 Jan 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| PEARL | NA | 11 | 10 | 58 | 23 | 81 |
| EMREALD | NA | 11 | 10 | 67 | 25 | 92 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building2
As on 28 Jan 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.
4 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Staircases, at 80%.
PEARL0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
EMREALD54%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 60% |
| Sanitary Fittings within the flats / premises | 45% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 80% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 10% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 28 Jan 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 80% |
| Storm Water Drains | No | Not applicable |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | Yes | 50% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | Yes | 0% |
Parking filed106
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
| Building | Closed/Covered | Open Space | Total |
|---|---|---|---|
| PEARL | 1 | 50 | 51 |
| EMREALD | 0 | 55 | 55 |
Land and ownership5
MahaRERA does not publish landowner contact details. Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
| Landowner | Village | District |
|---|---|---|
| PARVATI ATMARAM GAIKWAD | Karjat | Raigarh |
| ASHOK ATMARAM GAIKWAD | Karjat | Raigarh |
| RAMDAS ATMARAM GAIKWAD | Karjat | Raigarh |
| PRADEEP ATMARAM GAIKWAD | Karjat | Raigarh |
| NITIN ATMARAM GAIKWAD | Karjat | Raigarh |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| PEARL | NA | Rs 6.20 cr | Rs 2.23 cr |
| EMREALD | NA | Rs 6.20 cr | Rs 2.23 cr |
| - | NA | Rs 2.23 cr | Rs 66.61 lakh |
Certifying professionals and partners5
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | AR PRAVIN KAMBLE |
| Engineer | SHISHIR DHAWADE SHISHIR DHAWADE |
| Engineer | DINESH SHENDE |
| Chartered Accountant | CA VINIT JAIN |
| Chartered Accountant | DHANDEKAR METHWANI & Co. |
| Partner | Role in project |
|---|---|
| ASCENT REALTY | - |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterExplanatory note regarding the state of development works in the projects and reason for being not completing development works of the projects within the period declared in the declaration submitted in FORM ‘B’ at the time of making the application for the registration of ASCENT FORTUNE PHASE 1’ - As per the details mentioned at the time of registration of the project at the MahaRERA Website we had mentioned 31ST DECEMBER 2023 as the project completion date, we will not be able to complete the project due to various unavoidable reasons. Such as 1) After the impact of the pandemic, the increas
Reason as filed by the promoterShortage of Funds due to low demand: The real estate project, situated in a remote area, has faced significant challenges due to limited customer bookings, resulting in a lower-than-anticipated response from prospective buyers. This lack of adequate buyer interest adversely impacted the financial inflow required for the timely completion of the project, as the anticipated funding from customer bookings could not be realized. Despite these challenges, the promoters have demonstrated unwavering commitment to the project's completion by arranging the necessary funds through the liquidation of per
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 1 Apr 2021 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 1 Apr 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 1 Apr 2021 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 1 Apr 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2027
Documents filed57
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: FORM 1_ DEC 25_ ASCENT REALTY.pdf | 28 Jan 2026 |
| Withdrawal Update Form 2File: FORM 2_ DEC 25_ ASCENT REALTY.pdf | 28 Jan 2026 |
| Withdrawal Update Form 3File: FORM 3_ DEC 25_ ASCENT REALTY.pdf | 28 Jan 2026 |
| Form 1File: FORM 1_DEC 24_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 2File: FORM 2_DEC 24_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 3File: FORM 3_DEC 24_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD_DEC 24_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 1File: FORM 1_MARCH 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 2File: FORM 2_MARCH 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 3File: FORM 3_MARCH 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD_MARCH 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 1File: FORM 1_JUNE 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 2File: FORM 2_JUNE 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 3File: FORM 3_JUNE 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD_JUNE 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 1File: FORM 1_SEP 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 2File: FORM 2_SEP 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 3File: FORM 3_SEP 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Disclosure of Sold and Booked InventoryFile: SOLD UNSOLD_SEP 25_ ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 2A (FY 2023-2024)File: FORM 2A Quality Control - FY - 2023-2024.pdf | 23 Dec 2025 |
| Form 2A (FY 2024-2025)File: FORM 2A_ MARCH 25_ ASCENT FOURTUNE.pdf | 23 Dec 2025 |
| Form 5 (FY 2023-2024)File: FORM 5 _23-24 ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Form 5 (FY 2024-2025)File: FORM 5 _24-25 ASCENT FORTUNE.pdf | 23 Dec 2025 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM -5 2022.pdf | 28 Dec 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: FORM 5 2023.pdf | 28 Dec 2023 |
| Declaration in FORM BFile: FORM B_compressed.pdf | 21 Dec 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD UNSOLD.pdf | 21 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FPRM 3 ATIF.pdf | 21 Dec 2023 |
| Declaration about Commencement CertificateFile: CC DECLARATION.pdf | 20 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1- ASCENT FORTUNE PHASE 1_SEP 23.pdf | 20 Dec 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2- ASCENT FORTUNE PHASE 1_SEP 23.pdf | 20 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: FORM 2A Quality Control - FY - 2021-2022.pdf | 20 Dec 2023 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: FORM 2A Quality Control - FY - 2022-2023.pdf | 20 Dec 2023 |
| CERSAI detailsFile: CERSAI.pdf | 20 Dec 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3- ASCENT FORTUNE PHASE 1_SEP 23.pdf | 20 Dec 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: FORM 1-ASCENT FORTUNE_MAR 23.pdf | 1 Jun 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: FORM 2-ASCENT FORTUNE_MAR 23.pdf | 1 Jun 2023 |
| Disclosure of sold/ booked inventoryFile: SOLD BOOKED-ASCENT FORTUNE_MAR 23.pdf | 1 Jun 2023 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE - SAMPLE - FLAT.pdf | 21 Jun 2022 |
| Disclosure of sold/ booked inventoryFile: Wing A - RERA - 21062021.pdf | 24 Jun 2021 |
| Disclosure of sold/ booked inventoryFile: Wing B - RERA 21062021.pdf | 24 Jun 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3_compressed.pdf | 8 Apr 2021 |
| Proforma of Allotment letterFile: AGREEMENT FOR SALE.pdf | 8 Apr 2021 |
| Layout approvalFile: Sheet 1-4.PDF | 1 Apr 2021 |
| Building plan approvalFile: Sheet 2-4.PDF | 1 Apr 2021 |
| Building plan approvalFile: Sheet 3-4.PDF | 1 Apr 2021 |
| Building plan approvalFile: Sheet 4-4.PDF | 1 Apr 2021 |
| PAN CardFile: PAN.pdf | 1 Apr 2021 |
| Copy of the legal title reportFile: Title Report RERA.pdf | 1 Apr 2021 |
| Details of encumbrancesFile: Encumberances.pdf | 1 Apr 2021 |
| Copy of Layout Approval (in case of layout)File: Sheet 1-4.PDF | 1 Apr 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 2-4.PDF | 1 Apr 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 3-4.PDF | 1 Apr 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Sheet 4-4.PDF | 1 Apr 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate.pdf | 1 Apr 2021 |
| Declaration in FORM BFile: FORM B PROMOTER.pdf | 1 Apr 2021 |
| Proforma of Allotment letterFile: ALLOTMENT.pdf | 1 Apr 2021 |
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How this compares with Raigarh
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Buyer report
Built from this project's filings on the day you order, in plain language.
- 2 conditions on this project's record read and explained, with the clear checks alongside
- Joined against the promoter's 1 other registration and every project registered within 2 km, which the RERA portal never shows together
- All 57 filed documents as one ZIP, foldered, with a manifest
- The project watch below, included free for 90 days
Project watch
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- An email each time this filing moves: new sales, a moved possession date, an extension, a complaint, the occupancy certificate
- Plain words, conditions that have happened marked in red
- A summary of everything that changed when the 90 days end
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See every Raigarh project, with the district possession charts
Builder: ASCENT REALTY
ASCENT REALTY has 2 registrations on MahaRERA, including ELITE EVOQ and ASCENT FORTUNE PHASE 1. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Raigarh district page.
Frequently asked questions
What are my rights if ASCENT FORTUNE PHASE 1 is delayed beyond 31 Dec 2027?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of ASCENT FORTUNE PHASE 1?
The registered promoter entity is ASCENT REALTY, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in ASCENT FORTUNE PHASE 1?
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; since July 2024 MahaRERA requires a three-account structure for collections. 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.
How current is the construction progress shown for ASCENT FORTUNE PHASE 1?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at ASCENT FORTUNE PHASE 1?
The professionals named in the filing: Architect: AR PRAVIN KAMBLE; Engineer: SHISHIR DHAWADE SHISHIR DHAWADE; Engineer: DINESH SHENDE; Chartered Accountant: CA VINIT JAIN; Chartered Accountant: DHANDEKAR METHWANI & Co.. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) 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 ASCENT FORTUNE PHASE 1?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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