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Valid until 30 Jun 2024 Commercial project

FORTUNE LANDMARK

By SHRI BALAJI ENTERPRISE

RG-GJ-76064 · RERA PR/GJ/VALSAD/PARDI/Others/CAA03410/EX1/300923 · Last updated on GujRERA portal: 22 Apr 2024

Source: official GujRERA filing

Red flags

  • Completion date moved by 12 months
  • 1 extension taken

Clear

  • Nothing verified clear yet
Jun 2024Possession promisedmoved 12 months from the original
24 of 36Construction stages doneacross 4 buildings; furthest along: Internal walls, 98%
58 of 311Units unsoldnot recorded sold or booked
Jump to the 41 documents Report an error

FORTUNE LANDMARK is a Commercial project by SHRI BALAJI ENTERPRISE in Valsad, Gujarat, registered with GujRERA as PR/GJ/VALSAD/PARDI/Others/CAA03410/EX1/300923 on 14 Sep 2018. Possession is promised by 30 Jun 2024. The completion date has moved by 12 months from the original filing. 253 of the 311 units on this registration are recorded sold or booked, and 24 of 36 construction stages are filed complete.

At a glance

Project

  • NameFORTUNE LANDMARK
  • TypeCommercial
  • Location
    • Plot No.165/C/3
    • VIA Road
    • GIDC
    • Vapi
    • Vaapi
    • Pardi
    • Valsad
    • 396191
  • Pincode396191
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VALSAD/PARDI/Others/CAA03410/EX1/300923
  • ReraGenie IDRG-GJ-76064

Builder

  • NameSHRI BALAJI ENTERPRISE
  • Entity typePARTNERSHIP FIRM

Key dates

this monthRegisteredSep 2018First promiseJun 2023Revised toJun 2024

Key facts

Registration and timeline

  • StatusValid until 30 Jun 2024
  • Registered on14 Sep 2018
  • Promised completion30 Jun 2024
  • Revised completionRevised to 30 Jun 2024 (originally 30 Jun 2023)
  • Buildings4 building records
  • Documents filed41 files

Current status

81%253 of 311 units booked
100.0%Of the estimated cost spent so far

Figures as on 22 Apr 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
A BUILDING---0184185
B BUILDING---06969
C BUILDING---05656
D BUILDING---001

The full filing

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

Construction progress by building4

As on 22 Apr 2024, 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.

24 of 36 construction stages are filed complete across 4 buildings. The stage furthest along is Internal walls, at 98%.

A BUILDING89%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing100%
B BUILDING85%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats100%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing67%
C BUILDING86%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats98%
Sanitary fittings within the flats100%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing100%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing77%
D BUILDING50%
ActivityProgress
Excavation100%
Podiums (if any)Not applicable
Plinth100%
Stilt Floor0%
Slabs of Super Structure100%
Internal walls, internal plaster, floorings, doors and windows within flats15%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks93%
External plumbing and external plaster, elevation, completion of terraces with waterproofing32%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing13%

Progress on shared amenities19

As on 22 Apr 2024, 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 footpathsNoNot applicable
Water supplyYes80%
Sewerage (chamber, lines, septic tank, STP)Yes90%
Storm water drainsYes90%
Landscaping and tree plantingNoNot applicable
Street lightingNoNot applicable
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterNoNot applicable
Solid waste management and disposalNoNot applicable
Water conservation, rain water harvestingYes90%
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes75%
Electrical meter room, sub-station, receiving stationYes80%
Fire fightingYes75%
Drinking water facilitiesNoNot applicable
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityNoNot applicable
Letter boxNoNot applicable

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 area10,096 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 32.35 cr
Cost incurredRs 32.35 cr
Spent of the estimate100.0%
BuildingWingEstimatedIncurred
A BUILDINGNARs 20.52 crRs 20.52 cr
D BUILDINGNARs 4.25 crRs 4.25 cr
B BUILDINGNARs 4.08 crRs 4.08 cr
C BUILDINGNARs 3.50 crRs 3.50 cr

Certifying professionals and partners2

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

RoleName
ArchitectAjit B Jariwala (Tathastu)
EngineerDUCON CONSULTANT PVT LTD

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

PR/GJ/VALSAD/PARDI/Others/CAA03410/EX1/300923Applied Jun 2023; approved Sep 2023

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/VALSAD/PARDI/Others/CAA03410/EX1/300923 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)22 Apr 2024
Engineer's certificate (Form 2)22 Apr 2024
Engineer's certificate annexure22 Apr 2024
Accountant's certificate (Form 3)22 Apr 2024
Site photograph, A BUILDING22 Apr 2024
Site photograph, B BUILDING22 Apr 2024
Site photograph, C BUILDING22 Apr 2024
Site photograph, D BUILDING22 Apr 2024
RERA registration certificate14 Sep 2018
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-
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 Valsad

81%of this project is bookeddistrict median 45%
23%of Valsad projects moved their completion datethis one moved by 12 months

Computed across the 390+ Valsad projects on ReraGenie, from their own filings.

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Other projects near Vaapi390+ in Valsad

2 kmFORTUNE LANDMARKOther 55Dot size: filed unitsN

Filed coordinates, straight-line distance. 55 registered projects within 2 km.

Builder: SHRI BALAJI ENTERPRISE

SHRI BALAJI ENTERPRISE has 1 registration on GujRERA, including FORTUNE LANDMARK. Read the full track record. See more projects on the Valsad district page.

Frequently asked questions

What are my rights if FORTUNE LANDMARK is delayed beyond 30 Jun 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 LANDMARK?

The registered promoter entity is SHRI BALAJI ENTERPRISE, 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 LANDMARK?

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 LANDMARK?

The professionals named in the filing: Architect: Ajit B Jariwala (Tathastu); Engineer: DUCON CONSULTANT PVT LTD. 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 LANDMARK?

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 GujRERA, and we read every report.

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