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Registration approved No litigation declared Residential/Group Housing project

FORTUNE PARADISE

By Milan Builders and Developers

RG-KA-80716 · RERA PRM/KA/RERA/1274/351/PR/170924/007025 · Last updated on RERA Karnataka portal: 23 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 2025Possession promisedno revision filed
14 of 14Construction stages doneevery applicable stage filed complete
1 of 19Units unsoldnot recorded sold or booked
0Complaints at RERA Karnatakaon this registration
Jump to the 124 documents Report an error

FORTUNE PARADISE is a Residential/Group Housing project by Milan Builders and Developers in Uttara Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1274/351/PR/170924/007025 on 17 Sep 2024. Possession is promised by 31 Dec 2025. 18 of the 19 units on this registration are recorded sold or booked, and 14 of 14 construction stages are filed complete.

At a glance

Project

  • NameFORTUNE PARADISE
  • TypeResidential/Group Housing
  • Location
    • Karwar
    • Uttara Kannada
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1274/351/PR/170924/007025
  • ReraGenie IDRG-KA-80716

Builder

  • NameMilan Builders and Developers
  • Entity typeProprietorship
  • GSTIN29AAOPF5431A1ZZ
  • Authorized SignatoryROSLINE FRANCIS FERNANDES

Key dates

this monthRegisteredSep 2024PromisedDec 2025

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on17 Sep 2024
  • Promised completion31 Dec 2025
  • Revised completionNone
  • Buildings1 building record
  • Documents filed124 files

Current status

95%18 of 19 units booked
137.3%Of the estimated cost spent so far

Figures as on 23 Feb 2026, this project's latest RERA Karnataka filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
FORTUNE PARADISE for MILAN BUILDERS AND DEVELOPERS---19019

The full filing

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

Construction progress by building1

As on 23 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 23 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 waterNoNot applicable
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Solid waste management and disposalYes100%
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsYes100%
Electricity supply transformer and substationYes100%
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)NoNot applicable
Parks & Tree plantingNoNot applicable
Street LightingYes100%
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 SanitationYes100%
Air ConditioningNoNot applicable
StaircasesYes100%
LiftsYes100%
Corridor/LobbiesYes100%
Fire escapesNoNot applicable
Common entrance and exit for the building/common portico/foyer/verandahYes100%
BasementNoNot applicable
TerraceNoNot applicable
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 ownership1

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

Named landowners1
LandownerVillageDistrict
Rosline Fernandese--

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 3.79 cr
Cost incurredRs 5.20 cr
Spent of the estimate137.32%
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 3.79 crRs 5.20 cr

Certifying professionals and partners3

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

RoleName
ArchitectJAYDEEP RAJENDAR PATIL
EngineerANKUSH H PATEL
Chartered AccountantKIRAN K KINEKAR

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed124

As listed on the registration, under the names the promoter filed them with; the newest 80 of 124 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1274/351/PR/170924/007025 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(3rd Qtr)2025-26.pdf23 Feb 2026
Q3 2025-26 Form-5 Certificate issued by ArchitectFile: form-5 Q3.pdf23 Feb 2026
Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: form-6 Q3.pdf23 Feb 2026
Q3 2025-26 Water supply and sewage board23 Feb 2026
Q3 2025-26 KPTCL- BESCOM23 Feb 2026
1) Upload Single plot layout.File: Single Layout Plot Clarification.pdf1 Jul 2024
1) Upload Single plot layout.File: single layout Bailo Copy.pdf1 Jul 2024
1) Upload Single plot layout.File: Single Layout map.pdf1 Jul 2024
2)Upload Single plot layout orderFile: Single Layout Order.pdf1 Jul 2024
3)Upload relinquishment deed.File: Renqulishment Deed.pdf1 Jul 2024
3)Upload relinquishment deed.File: Single Layout Plot Clarification.pdf1 Jul 2024
1) Not updated properly, please check properly and update the project's ongoing status on the projecFile: Uploaded (2).pdf1 Jul 2024
2) Once again updated Amenities area details are incorrect.File: amminites.pdf1 Jul 2024
2) Once again updated Common area details are incorrect.File: Common area Details.pdf1 Jul 2024
3) uploaded the STP drawing without KPCB NOC.File: STP Clarification.pdf1 Jul 2024
Clarification LetterFile: Clarification Letter.pdf1 Jul 2024
Promoters need to upload NOC from st miligrese for the mortgageFile: NOC.pdf28 May 2024
Upload Single plot layout.File: Single Layout map.pdf28 May 2024
Upload Single plot layout orderFile: Single Layout Order.pdf28 May 2024
Upload relinquishment deedFile: Renqulishment Deed.pdf28 May 2024
Once again updated area details are incorrect. Please update the Area details properly as per the saFile: Area Statement Fortune Paradise Karwar.pdf28 May 2024
Not updated properly, please update the project's ongoing status properly on the project detail pageFile: UPloaded.pdf28 May 2024
Once again updated Amenities and Common area details are incorrect. Please update the same properlyFile: UPloaded.pdf28 May 2024
not uploaded in the prescribed format. Please upload the Engineer certificate in the prescribed formFile: Engineer Certificate.pdf28 May 2024
As per the sanctioned drawing, the Gross Area of the building is 2003.62 Sqm, therefore Please uploaFile: sewage treatment plant fortune.pdf28 May 2024
Not updated , Please update the Construction Cost Details properly from Sl. no. (2) to (13) (ShouldFile: Cost details.pdf28 May 2024
Bank affidavit in prescribed formatFile: Bank Affidatie.pdf8 May 2024
Balance sheet Profit and loss account 2020-21File: ITR 2020-21.pdf8 May 2024
Balance sheet Profit and loss account 2021-22File: ITR 2021-22.pdf8 May 2024
Balance sheet Profit and loss account 2022-23File: ITR 2022-23.pdf8 May 2024
financial statements borrowing details and unsecured loan details mentioned in sources of funds andFile: Form 1 revised.pdf8 May 2024
financial statement, please give the clarification about work in progressFile: Progress report.pdf8 May 2024
Proprietorship registration certificate.File: Propretiship firm.pdf8 May 2024
100% and 30% account details in CA certificateFile: Form 1 revised.pdf8 May 2024
sources of funds to complete the projectFile: Source of fund (3).pdf8 May 2024
release deed for the mortgage with shantika souharda sahakari niyamitaFile: Shantika Deed.pdf8 May 2024
EC from 2/3/2023 to till dateFile: EC Form 15.pdf8 May 2024
clearly visible conversion orderFile: NA order.pdf8 May 2024
katha extract issued by CMCFile: Katha.pdf8 May 2024
notarized affidavit regarding all pending or cleared litigations /non-litigationFile: Non litigation.pdf8 May 2024
release deed for the mortgage with st milligres co-operative bankFile: St Miligrese deed.pdf8 May 2024
Break up of types of units (BHK wise) not updatedFile: Area sttement.pdf8 May 2024
Upload Single plot layout.File: single layout Bailo.pdf8 May 2024
Upload Single plot layout order.File: single layout Bailo.pdf8 May 2024
certified carpet area calculation.File: Area sttement.pdf8 May 2024
CDP map showing the proposed site.File: CDP master plan for fortune.pdf8 May 2024
village map showing the proposed site.File: village map bada1.pdf8 May 2024
commencement certificate.File: Building permission 2.pdf8 May 2024
premium FAR copy.File: Premium FAR.pdf8 May 2024
KSPCB CFE.File: KSPCB.pdf8 May 2024
relinquishment deed.File: Renquliishment deed letter.pdf8 May 2024
sanctioned drawings floor plan, sectional drawings and elevations.File: Approved Building drawing.pdf8 May 2024
area details are incorrect. Please update the Area details properly as per the sanctioned drawing aFile: Area sttement.pdf8 May 2024
updated ongoing status is incorrect, please update the project's ongoing status properly according tFile: Progress report.pdf8 May 2024
Amenities and Common area details are incorrect. Please update the same properly as per the sanctionFile: Common area Details.pdf8 May 2024
Amenities and Common area details are incorrect. Please update the same properly as per the sanctionFile: amminites.pdf8 May 2024
latest self attested copy of the valid/renewed Engineer license certificate issued by the concernedFile: License Renewal details.pdf8 May 2024
Construction Cost Details properly from Sl. no. (2) to (13), and accordingly update the cost detailsFile: UPloaded.pdf8 May 2024
Engineer certificate in the prescribed formatFile: Form 3.pdf8 May 2024
STP design drawing does not tally with the KPSCB NOC. Therefore Please upload the STP design drawingFile: KSPCB.pdf8 May 2024
self-attested copy of the NOC issued by HESCOM and Water Supply AuthoritiesFile: Water noc.pdf8 May 2024
self-attested copy of the NOC issued by HESCOM and Water Supply AuthoritiesFile: Electric noc.pdf8 May 2024
Land cost calculation sheet as per the guidance value(self-attested copy)File: Land cost calculation.pdf8 May 2024
brief estimated cost of construction certified by the Engineer.File: Estimate.pdf8 May 2024
project name and project address and upload the project specification certified by the EngineerFile: Project Specfication.pdf8 May 2024
Guidelines for STPFile: Guide lines for STP.pdf8 May 2024
Clarification LetterFile: Clarification Letter for querry.pdf8 May 2024
Registration CertificateFile: GST Registration.pdf-
Certificate issued by CA Form 1File: Form 1 revised.pdf-
Certificate issued by Architect Form 2File: Form 2.pdf-
Certificate issued by Engineer Form 3File: Form 3.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Affadivat.pdf-
Balance Sheet 2022 - 2023File: 2023-24.PDF-
Balance Sheet 2021 - 2022File: 2022-23.PDF-
Balance Sheet 2020 - 2021File: 2021-2022.PDF-
Audited Profit and Loss Statement 2022 - 2023File: 2023-24.PDF-
Audited Profit and Loss Statement 2021 - 2022File: 2022-23.PDF-

How this compares with Uttara Kannada

95%of this project is bookeddistrict median 27%
22%of Uttara Kannada projects moved their completion datethis one has not
0%of Uttara Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 100+ Uttara Kannada projects on ReraGenie, from their own filings.

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Builder: Milan Builders and Developers

Milan Builders and Developers has 1 registration on RERA Karnataka, including FORTUNE PARADISE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Uttara Kannada district page.

Frequently asked questions

What are my rights if FORTUNE PARADISE is delayed beyond 31 Dec 2025?

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 PARADISE?

The registered promoter entity is Milan Builders and Developers, a proprietorship as per the filing. Its GSTIN 29AAOPF5431A1ZZ 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 PARADISE?

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 PARADISE?

The professionals named in the filing: Architect: JAYDEEP RAJENDAR PATIL; Engineer: ANKUSH H PATEL; Chartered Accountant: KIRAN K KINEKAR. 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 PARADISE?

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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