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Registration approved No litigation declared Mixed Development project

FORTUNE ORCHID

By FORTUNE PROMOTERS

RG-KA-03558 · RERA PRM/KA/RERA/1273/319/PR/160223/005732 · Last updated on RERA Karnataka portal: 5 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
Dec 2026Possession promisedno revision filed
14 of 14Construction stages doneevery applicable stage filed complete
22 of 78Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 142 documents Report an error

FORTUNE ORCHID is a Mixed Development project by FORTUNE PROMOTERS in Udupi, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1273/319/PR/160223/005732 on 16 Feb 2023. Possession is promised by 31 Dec 2026. 56 of the 78 units on this registration are recorded sold or booked, and 14 of 14 construction stages are filed complete.

At a glance

Project

  • NameFORTUNE ORCHID
  • TypeMixed Development
  • Location
    • Karkala
    • Udupi
    • 574104
  • Pincode574104
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1273/319/PR/160223/005732
  • ReraGenie IDRG-KA-03558

Builder

  • NameFORTUNE PROMOTERS
  • Entity typePartnership Firm
  • GSTIN29AAEFF2896H1Z1
  • Authorized SignatoryDENIS PEREIRA
  • Other registrations2 more →
  • Past their filed date2
  • Declared earlier projects4 →

Key dates

this monthRegisteredFeb 2023PromisedDec 2026

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on16 Feb 2023
  • Promised completion31 Dec 2026
  • Revised completionNone
  • Buildings1 building record
  • Documents filed142 files

Current status

72%56 of 78 units booked
102.6%Of the estimated cost spent so far

Figures as on 5 Feb 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
FORTUNE ORCHID-----78

The full filing

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

Construction progress by building1

As on 5 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.

14 of 14 construction stages are filed complete.

Building: 100% average across the applicable activities

ActivityProgress
Earth work and other leveling preparation work100%
Foundation footing work100%
Upto Plinth Level100%
Sub-structure flooring (Parking Floor, more than one floor below general ground level)100%
Retaining wall (All types)Not applicable
RCC or MS Framed structure100%
Masonry Construction100%
Plastering inside , outside & Ceiling100%
Joinery: Doors, Windows, Ventilators etc100%
Basic work of Water supply, Sanitary and Electrification100%
Dadoing, Skirting, Flooring, Tiles work (All types)100%
Railing and Grill fixing100%
Electrification, Water supply and Sanitary Finishing100%
Painting100%
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)Not applicable
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work100%
Internal and External work including landscapes as per sanctioned drawingsNot applicable

Progress on shared amenities40

As on 5 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 SupplyYes100%
Sewage and Drainage SystemYes100%
Water conservation/rain water harvesting/recharge of ground waterYes100%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalNoNot applicable
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes100%
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes100%
Parks & Tree plantingNoNot applicable
Street LightingNoNot applicable
ElectricityYes100%
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes100%
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes100%
Piped GasNoNot applicable
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes100%
Corridor/LobbiesYes100%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes100%
BasementYes100%
TerraceYes100%
Outer WallYes100%
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership8

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

Land area2,697 sq m
Land owned byNot the promoter
Named landowners8
LandownerVillageDistrict
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--
FORTUNE PROMOTERS--

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 13.82 cr
Cost incurredRs 14.17 cr
Spent of the estimate102.58%
BuildingWingEstimatedIncurred
-NARs 12.38 crRs 9.82 cr
-NARs 1.01 crRs 2.25 cr
-NARs 25.50 lakh-
-NARs 17.70 lakhRs 2.11 cr

Certifying professionals and partners3

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

RoleName
ArchitectYOGISHCHANDRA DHARA
EngineerM GOPAL BHAT
Chartered AccountantUMESH RAO

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed142

As listed on the registration, under the names the promoter filed them with; the newest 80 of 142 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1273/319/PR/160223/005732 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: Form 4-Fortune Orchid-Q3-25-26.pdf5 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: FORM 5.pdf5 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: FORM 6.pdf5 Feb 2026
single layout planFile: single layout plan.jpg9 Feb 2023
certified carpet areaFile: certified carpet area.pdf9 Feb 2023
village mapFile: village map.pdf9 Feb 2023
pollution nocFile: pollution noc.pdf9 Feb 2023
sanction planFile: sanction plan.PDF9 Feb 2023
sanction plan-draft reference copyFile: sanction plan-draft copy for reference only.pdf9 Feb 2023
clarificationFile: Clarification.pdf9 Feb 2023
RTC, survey 126/2A-
Mutation, survey 126/2A-
Encumbrance Certificate, survey 126/2A-
Conversion/Alienation Order, survey 126/2A-
Sale/Title/Gift Deed, survey 126/2A-
Khatha, survey 126/2A-
RTC, survey 126/2B-
Mutation, survey 126/2B-
Encumbrance Certificate, survey 126/2B-
Conversion/Alienation Order, survey 126/2B-
Sale/Title/Gift Deed, survey 126/2B-
Khatha, survey 126/2B-
RTC, survey 126/2C-
Mutation, survey 126/2C-
Encumbrance Certificate, survey 126/2C-
Conversion/Alienation Order, survey 126/2C-
Sale/Title/Gift Deed, survey 126/2C-
Khatha, survey 126/2C-
RTC, survey 126/1-
Mutation, survey 126/1-
Encumbrance Certificate, survey 126/1-
Conversion/Alienation Order, survey 126/1-
Sale/Title/Gift Deed, survey 126/1-
Khatha, survey 126/1-
RTC, survey 126/15-
Mutation, survey 126/15-
Encumbrance Certificate, survey 126/15-
Conversion/Alienation Order, survey 126/15-
Sale/Title/Gift Deed, survey 126/15-
Khatha, survey 126/15-
RTC, survey 126/16C-
Mutation, survey 126/16C-
Encumbrance Certificate, survey 126/16C-
Conversion/Alienation Order, survey 126/16C-
Sale/Title/Gift Deed, survey 126/16C-
Khatha, survey 126/16C-
RTC, survey 126/16B-
Mutation, survey 126/16B-
Encumbrance Certificate, survey 126/16B-
Conversion/Alienation Order, survey 126/16B-
Sale/Title/Gift Deed, survey 126/16B-
Khatha, survey 126/16B-
RTC, survey 126/16A-
Mutation, survey 126/16A-
Encumbrance Certificate, survey 126/16A-
Conversion/Alienation Order, survey 126/16A-
Sale/Title/Gift Deed, survey 126/16A-
Khatha, survey 126/16A-
Registration CertificateFile: Firm Registration.pdf-
Partnership DeedFile: Partnership Deed.pdf-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Partner Details-
Certificate issued by CA Form 1File: Form 1-CA Certificate-Fortune Orchid.pdf-
Certificate issued by Architect Form 2File: Form 2-ARCHITECT CERTIFICATE (Registration).pdf-
Certificate issued by Engineer Form 3File: Form 3-Engineers Certificate (Registration).pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Affidavit-Non Litigation.pdf-
Certificate from Chartered AccountFile: Form 1-CA Certificate-Fortune Orchid.pdf-
Balance Sheet 2021 - 2022File: BS 21-22.pdf-
Balance Sheet 2020 - 2021File: Balance Sheet 20-21.jpg-
Balance Sheet 2019 - 2020File: Balance Sheet 19-20.pdf-
Audited Profit and Loss Statement 2021 - 2022File: PL 21-22.pdf-

Promoter's earlier projects4

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.

4 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
FORTUNE HILL SIDES.N.114/15C(P) AT PACHANADY VILLAGE MANGALOREOngoingDec 2025Not delivered
FORTUNE HIGHWAY-2IN, S.NO.44/A1A AND S.NO.44/A1A OF MARPADY VILLAGE,MANGALOREOngoingDec 2025Not delivered
FORTUNE LOTUS COMMERCIAL VENTURES.N 82/5B , AT KUKKUNDOOR VILLAGE, KARKALA TALUK UDUPIOngoingDec 2023Not delivered
FORTUNE CENTERS.NO 227/3 C1P1 MUDAR VILLAGE, KARKALA TALUKCompleted-Not delivered

How this compares with Udupi

72%of this project is bookeddistrict median 0%
22%of Udupi projects moved their completion datethis one has not
0%of Udupi registrations have lapsed or been cancelledthis one is on the register

Computed across the 260+ Udupi projects on ReraGenie, from their own filings.

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Other projects near Udupi260+ in Udupi

2 kmFORTUNE ORCHIDOther 6Dot size: filed unitsN

Filed coordinates, straight-line distance. 6 registered projects within 2 km.

Builder: FORTUNE PROMOTERS

FORTUNE PROMOTERS has 3 registrations on RERA Karnataka, including FORTUNE LOTUS COMMERCIAL VENTURE and FORTUNE ORCHID. Its filings disclose 4 earlier RERA Karnataka projects, none completed yet. Read the full track record. See more projects on the Udupi district page.

Frequently asked questions

What are my rights if FORTUNE ORCHID is delayed beyond 31 Dec 2026?

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 FORTUNE ORCHID?

The registered promoter entity is FORTUNE PROMOTERS, a partnership firm as per the filing. Its GSTIN 29AAEFF2896H1Z1 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 FORTUNE ORCHID?

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 ORCHID?

The professionals named in the filing: Architect: YOGISHCHANDRA DHARA; Engineer: M GOPAL BHAT; Chartered Accountant: UMESH RAO. 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 ORCHID?

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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