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Fortuna Acacia
By FortunaConstructions India Private Limited
RG-KA-75720 · RERA PRM/KA/RERA/1251/309/PR/171015/000834 · Last updated on RERA Karnataka portal: 18 Feb 2022
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No complaints on record
- Separate project account declared
Saved.
Fortuna Acacia is a Residential/Group Housing project by FortunaConstructions India Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/171015/000834 on 15 Oct 2017. Possession is promised by 31 Mar 2021. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameFortuna Acacia
- TypeResidential/Group Housing
- Location
- Bengaluru North
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/309/PR/171015/000834
- ReraGenie IDRG-KA-75720
Builder
- NameFortunaConstructions India Private Limited
- Entity typeCompany
- Authorized SignatoryPadmaiah Vuppu
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Oct 2017
- Promised completion31 Mar 2021
- Revised completionRevised to 31 Mar 2021 (originally 31 Mar 2020)
- BuildingsNot stated in filing
- Documents filed60 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | D Chandrashekar |
| Engineer | D Chandrashekar |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterothers
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed60
As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/171015/000834 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| B5 Noc for existing accountFile: B5 NOC for 3943.pdf | 18 Feb 2022 |
| B5 Noc for new accountFile: B5 NOC-for 6897.pdf | 18 Feb 2022 |
| Auditor reportFile: Auditor report-converted.pdf | 18 Feb 2022 |
| CA certificateFile: Auditor report-Bank.pdf | 25 Sep 2021 |
| Form2File: BR and Account change request.pdf | 25 Sep 2021 |
| Payment challan for Rs.1830/-File: KhajaneStateTax63900041708202100745.pdf | 17 Aug 2021 |
| statementFile: Statement.pdf | 19 Dec 2020 |
| CA certificateFile: Fortuna_Constraction_Pvt_Ltd.pdf | 19 Dec 2020 |
| Designated bank account statementFile: Statement.pdf | 26 Nov 2020 |
| CA certificateFile: Fortuna_Constraction_Pvt_Ltd.pdf | 26 Nov 2020 |
| Consent letterFile: consent letter.pdf | 6 Nov 2020 |
| AffidavitFile: affidavit new_compressed.pdf | 6 Nov 2020 |
| commencement certificateFile: Commencement certificate.pdf | 6 Nov 2020 |
| Auditor reportFile: auditor report Fortuna_Constraction_Pvt_Ltd.pdf | 6 Nov 2020 |
| StatementFile: DetailedStatement.pdf | 6 Nov 2020 |
| AffidavitFile: affidavit new_compressed.pdf | 7 Oct 2020 |
| Auditor reportFile: Auditor report fund utilization.jpg | 7 Oct 2020 |
| StatementFile: DetailedStatement.pdf | 7 Oct 2020 |
| commencement certificateFile: Commencement certificate.pdf | 7 Oct 2020 |
| CertificateFile: Incorporation CERTIFICATE.pdf | - |
| Architect Certificate for Work Completion Schedule till DateFile: Arc certificate - work completed (1)-converted.pdf | - |
| Engineer Certificate for Work Completion Schedule till DateFile: Engg certificate - work completed-converted.pdf | - |
| CA Certificate for Funds UtilizationFile: Auditor report fund utilization.jpg | - |
| Architect Certificate for Pending Work Completion Schedule.File: Arc certificate - work pending (1)-converted.pdf | - |
| Engineer Certificate for Pending Work Completion Schedule.File: Engg certificate - work pending-converted.pdf | - |
| CA Certificate for Funds required for Project CompletionFile: Auditor report.pdf | - |
| AffidavitFile: affidavit new_compressed.pdf | - |
| Latest Encumbrance CertificateFile: EC.pdf | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails Acacia.xlsx | - |
| Acacia BBMPLicense | - |
| Approved | - |
| site approved | - |
| Draft Sale Deed-Acacia | - |
| AGREEMENT OF SALE-Acacia | - |
| JDA-min | - |
| Section plan acacia | - |
| site approved | - |
| Acacia | - |
| acacia 2 | - |
| FIRE ACK | - |
| acacia specification | - |
| EC | - |
| Balance Sheet 2015 - 2016File: ITR 16-17.pdf | - |
| Balance Sheet 2014 - 2015File: ITR 15-16.pdf | - |
| Balance Sheet 2013 - 2014File: ITR 14-15.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: P&L 31-3-16.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: P&L 31-3-15.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: P&L 31-3-14.pdf | - |
| Director's Report 2015 - 2016File: AUDITOR REPORT (2).pdf | - |
| Director's Report 2014 - 2015File: AUDITOR REPORT (2).pdf | - |
| Director's Report 2013 - 2014File: AUDITOR REPORT (2).pdf | - |
| Cash Flow Statement 2015 - 2016File: Acacia Cash Flow.pdf | - |
| Cash Flow Statement 2014 - 2015File: Acacia Cash Flow.pdf | - |
| Auditor's Report 2015 - 2016File: Auditor report.pdf | - |
| Auditor's Report 2014 - 2015File: Auditor report.pdf | - |
| Auditor's Report 2013 - 2014File: Auditor report.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR 16-17.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR 15-16.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: ITR 14-15.pdf | - |
| declaration-supported-by-an-affidavit-which-shall-be-signed-by-the-promoter-or-any-person- | - |
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Builder: FortunaConstructions India Private Limited
FortunaConstructions India Private Limited has 1 registration on RERA Karnataka, including Fortuna Acacia. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if Fortuna Acacia is delayed beyond 31 Mar 2021?
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 Fortuna Acacia?
The registered promoter entity is FortunaConstructions India Private Limited, a company as per the filing. Neither this filing nor this promoter's other RERA Karnataka 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 RERA Karnataka listing and in its filed documents.
Is my payment protected in Fortuna Acacia?
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 Fortuna Acacia?
The professionals named in the filing: Architect: D Chandrashekar; Engineer: D Chandrashekar. 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 Fortuna Acacia?
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; why the completion date was revised and what the new timeline depends on.
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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