ReraGenieLog inGet a buyer report

Home / Browse projects / Ahmedabad, Gujarat / FORTUNE ELEGANCE

Valid until 30 Apr 2024 Commercial project

FORTUNE ELEGANCE

By SHUKAN DEVELOPERS

RG-GJ-60157 · RERA PR/GJ/AHMEDABAD/DHOLKA/Others/CAA09036/140921 · Last updated on GujRERA portal: 7 Oct 2023

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Apr 2024Possession promisedno revision filed
3 of 8Construction stages donefurthest along: Internal walls, 95%
46 of 70Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

FORTUNE ELEGANCE is a Commercial project by SHUKAN DEVELOPERS in Ahmedabad, Gujarat, registered with GujRERA as PR/GJ/AHMEDABAD/DHOLKA/Others/CAA09036/140921 on 14 Sep 2021. Possession is promised by 30 Apr 2024. 24 of the 70 units on this registration are recorded sold or booked, and 3 of 8 construction stages are filed complete.

At a glance

Project

  • NameFORTUNE ELEGANCE
  • TypeCommercial
  • Location
    • R.S.NO . 1815
    • PULEN CIRCAL
    • KHEDA-BAGODRA HIGHWAY
    • DHOLKA
    • Dholka
    • Ahmedabad
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/AHMEDABAD/DHOLKA/Others/CAA09036/140921
  • ReraGenie IDRG-GJ-60157

Builder

  • NameSHUKAN DEVELOPERS
  • Entity typePARTNERSHIP FIRM
  • Other registrations1 more →

Key dates

this monthRegisteredSep 2021PromisedApr 2024

Key facts

Registration and timeline

  • StatusValid until 30 Apr 2024
  • Registered on14 Sep 2021
  • Promised completion30 Apr 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed41 files

Current status

34%24 of 70 units booked
86.9%Of the estimated cost spent so far

Figures as on 7 Oct 2023, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
BLOCK-1---07070

The full filing

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

Construction progress by building1

As on 7 Oct 2023, 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.

3 of 8 construction stages are filed complete. The stage furthest along is Internal walls, at 95%.

BLOCK-1: 90% average across the applicable activities

ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt FloorNot applicable
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats95%
Sanitary fittings within the flats90%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks85%
External plumbing and external plaster, elevation, completion of terraces with waterproofing80%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing70%

Progress on shared amenities19

As on 7 Oct 2023, 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
Internal roads and footpathsYes100%
Water supplyYes50%
Sewerage (chamber, lines, septic tank, STP)Yes80%
Storm water drainsYes70%
Landscaping and tree plantingYes70%
Street lightingYes80%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes50%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes40%
Electrical meter room, sub-station, receiving stationYes50%
Fire fightingYes0%
Drinking water facilitiesYes0%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
Letter boxYes0%

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.

Land area7,284 sq m

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 accountNot declared
Estimated costRs 4.88 cr
Cost incurredRs 4.24 cr
Spent of the estimate86.92%
BuildingWingEstimatedIncurred
BLOCK-1NARs 4.88 crRs 4.24 cr

Certifying professionals and partners1

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

RoleName
ArchitectPRIYANKA PATEL

Documents filed41

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PR/GJ/AHMEDABAD/DHOLKA/Others/CAA09036/140921 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Architect's certificate (Form 1)7 Oct 2023
Engineer's certificate (Form 2)7 Oct 2023
Engineer's certificate annexure7 Oct 2023
Accountant's certificate (Form 3)7 Oct 2023
Site photograph, BLOCK-17 Oct 2023
RERA registration certificate14 Sep 2021
Proforma agreement for sale-
Auditor's report (1 of 3)-
Auditor's report (2 of 3)-
Auditor's report (3 of 3)-
Income tax return (1 of 3)-
Income tax return (2 of 3)-
Income tax return (3 of 3)-
Project specific document-
Directors' report (1 of 3)-
Directors' report (2 of 3)-
Directors' report (3 of 3)-
Commencement certificate-
Approved sanctioned plan-
Approved layout plan-
Agreement-
Land location-
Encumbrance certificate-
Area development document-
Proforma allotment letter-
Brochure-
Project related document-
Declaration in Form B-
Title clearance certificate-
Title report-
Property card-
Project photograph-
Audited balance sheet (1 of 3)-
Audited balance sheet (2 of 3)-
Audited balance sheet (3 of 3)-
Audited profit and loss statement (1 of 3)-
Audited profit and loss statement (2 of 3)-
Audited profit and loss statement (3 of 3)-
Cash flow statement (1 of 3)-
Cash flow statement (2 of 3)-
Cash flow statement (3 of 3)-

How this compares with Ahmedabad

34%of this project is bookeddistrict median 53%
14%of Ahmedabad projects moved their completion datethis one has not

Computed across the 5,400+ Ahmedabad projects on ReraGenie, from their own filings.

Keep FORTUNE ELEGANCE on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Ahmedabad5,400+ in Ahmedabad

2 kmFORTUNE ELEGANCEOther 3Dot size: filed unitsN

Filed coordinates, straight-line distance. 3 registered projects within 2 km.

Builder: SHUKAN DEVELOPERS

SHUKAN DEVELOPERS has 2 registrations on GujRERA, including SHUKAN VILLA and FORTUNE ELEGANCE. Read the full track record. See more projects on the Ahmedabad district page.

Frequently asked questions

What are my rights if FORTUNE ELEGANCE is delayed beyond 30 Apr 2024?

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 GujRERA.

How do I verify and contact the developer of FORTUNE ELEGANCE?

The registered promoter entity is SHUKAN DEVELOPERS, a partnership firm as per the filing. 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 GujRERA listing and in its filed documents.

Is my payment protected in FORTUNE ELEGANCE?

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 FORTUNE ELEGANCE?

The professionals named in the filing: Architect: PRIYANKA PATEL. 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 FORTUNE ELEGANCE?

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 GujRERA, and we read every report.

Report an error Share feedback

Report an error or share feedback

About FORTUNE ELEGANCE. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save FORTUNE ELEGANCE to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.