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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
Saved.
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
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
Figures as on 23 Feb 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| FORTUNE PARADISE for MILAN BUILDERS AND DEVELOPERS | - | - | - | 19 | 0 | 19 |
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
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| Retaining wall (All types) | Not applicable |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 100% |
| Plastering inside , outside & Ceiling | 100% |
| Joinery: Doors, Windows, Ventilators etc | 100% |
| Basic work of Water supply, Sanitary and Electrification | 100% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 100% |
| Railing and Grill fixing | 100% |
| Electrification, Water supply and Sanitary Finishing | 100% |
| Painting | 100% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 100% |
| Internal and External work including landscapes as per sanctioned drawings | Not 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 facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 100% |
| Sewage and Drainage System | Yes | 100% |
| Water conservation/rain water harvesting/recharge of ground water | No | Not applicable |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Solid waste management and disposal | Yes | 100% |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | Yes | 100% |
| Electricity supply transformer and substation | Yes | 100% |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | No | Not applicable |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | Yes | 100% |
| Electricity | Yes | 100% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 100% |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | Yes | 100% |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | 100% |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 100% |
| Lifts | Yes | 100% |
| Corridor/Lobbies | Yes | 100% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 100% |
| Basement | No | Not applicable |
| Terrace | No | Not applicable |
| Outer Wall | Yes | 100% |
| Open parking areas | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
| Common storage spaces | No | Not 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.
| Landowner | Village | District |
|---|---|---|
| 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.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 3.79 cr | Rs 5.20 cr |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | JAYDEEP RAJENDAR PATIL |
| Engineer | ANKUSH H PATEL |
| Chartered Accountant | KIRAN 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.
| Document | Uploaded |
|---|---|
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: form-4(3rd Qtr)2025-26.pdf | 23 Feb 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: form-5 Q3.pdf | 23 Feb 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: form-6 Q3.pdf | 23 Feb 2026 |
| Q3 2025-26 Water supply and sewage board | 23 Feb 2026 |
| Q3 2025-26 KPTCL- BESCOM | 23 Feb 2026 |
| 1) Upload Single plot layout.File: Single Layout Plot Clarification.pdf | 1 Jul 2024 |
| 1) Upload Single plot layout.File: single layout Bailo Copy.pdf | 1 Jul 2024 |
| 1) Upload Single plot layout.File: Single Layout map.pdf | 1 Jul 2024 |
| 2)Upload Single plot layout orderFile: Single Layout Order.pdf | 1 Jul 2024 |
| 3)Upload relinquishment deed.File: Renqulishment Deed.pdf | 1 Jul 2024 |
| 3)Upload relinquishment deed.File: Single Layout Plot Clarification.pdf | 1 Jul 2024 |
| 1) Not updated properly, please check properly and update the project's ongoing status on the projecFile: Uploaded (2).pdf | 1 Jul 2024 |
| 2) Once again updated Amenities area details are incorrect.File: amminites.pdf | 1 Jul 2024 |
| 2) Once again updated Common area details are incorrect.File: Common area Details.pdf | 1 Jul 2024 |
| 3) uploaded the STP drawing without KPCB NOC.File: STP Clarification.pdf | 1 Jul 2024 |
| Clarification LetterFile: Clarification Letter.pdf | 1 Jul 2024 |
| Promoters need to upload NOC from st miligrese for the mortgageFile: NOC.pdf | 28 May 2024 |
| Upload Single plot layout.File: Single Layout map.pdf | 28 May 2024 |
| Upload Single plot layout orderFile: Single Layout Order.pdf | 28 May 2024 |
| Upload relinquishment deedFile: Renqulishment Deed.pdf | 28 May 2024 |
| Once again updated area details are incorrect. Please update the Area details properly as per the saFile: Area Statement Fortune Paradise Karwar.pdf | 28 May 2024 |
| Not updated properly, please update the project's ongoing status properly on the project detail pageFile: UPloaded.pdf | 28 May 2024 |
| Once again updated Amenities and Common area details are incorrect. Please update the same properlyFile: UPloaded.pdf | 28 May 2024 |
| not uploaded in the prescribed format. Please upload the Engineer certificate in the prescribed formFile: Engineer Certificate.pdf | 28 May 2024 |
| As per the sanctioned drawing, the Gross Area of the building is 2003.62 Sqm, therefore Please uploaFile: sewage treatment plant fortune.pdf | 28 May 2024 |
| Not updated , Please update the Construction Cost Details properly from Sl. no. (2) to (13) (ShouldFile: Cost details.pdf | 28 May 2024 |
| Bank affidavit in prescribed formatFile: Bank Affidatie.pdf | 8 May 2024 |
| Balance sheet Profit and loss account 2020-21File: ITR 2020-21.pdf | 8 May 2024 |
| Balance sheet Profit and loss account 2021-22File: ITR 2021-22.pdf | 8 May 2024 |
| Balance sheet Profit and loss account 2022-23File: ITR 2022-23.pdf | 8 May 2024 |
| financial statements borrowing details and unsecured loan details mentioned in sources of funds andFile: Form 1 revised.pdf | 8 May 2024 |
| financial statement, please give the clarification about work in progressFile: Progress report.pdf | 8 May 2024 |
| Proprietorship registration certificate.File: Propretiship firm.pdf | 8 May 2024 |
| 100% and 30% account details in CA certificateFile: Form 1 revised.pdf | 8 May 2024 |
| sources of funds to complete the projectFile: Source of fund (3).pdf | 8 May 2024 |
| release deed for the mortgage with shantika souharda sahakari niyamitaFile: Shantika Deed.pdf | 8 May 2024 |
| EC from 2/3/2023 to till dateFile: EC Form 15.pdf | 8 May 2024 |
| clearly visible conversion orderFile: NA order.pdf | 8 May 2024 |
| katha extract issued by CMCFile: Katha.pdf | 8 May 2024 |
| notarized affidavit regarding all pending or cleared litigations /non-litigationFile: Non litigation.pdf | 8 May 2024 |
| release deed for the mortgage with st milligres co-operative bankFile: St Miligrese deed.pdf | 8 May 2024 |
| Break up of types of units (BHK wise) not updatedFile: Area sttement.pdf | 8 May 2024 |
| Upload Single plot layout.File: single layout Bailo.pdf | 8 May 2024 |
| Upload Single plot layout order.File: single layout Bailo.pdf | 8 May 2024 |
| certified carpet area calculation.File: Area sttement.pdf | 8 May 2024 |
| CDP map showing the proposed site.File: CDP master plan for fortune.pdf | 8 May 2024 |
| village map showing the proposed site.File: village map bada1.pdf | 8 May 2024 |
| commencement certificate.File: Building permission 2.pdf | 8 May 2024 |
| premium FAR copy.File: Premium FAR.pdf | 8 May 2024 |
| KSPCB CFE.File: KSPCB.pdf | 8 May 2024 |
| relinquishment deed.File: Renquliishment deed letter.pdf | 8 May 2024 |
| sanctioned drawings floor plan, sectional drawings and elevations.File: Approved Building drawing.pdf | 8 May 2024 |
| area details are incorrect. Please update the Area details properly as per the sanctioned drawing aFile: Area sttement.pdf | 8 May 2024 |
| updated ongoing status is incorrect, please update the project's ongoing status properly according tFile: Progress report.pdf | 8 May 2024 |
| Amenities and Common area details are incorrect. Please update the same properly as per the sanctionFile: Common area Details.pdf | 8 May 2024 |
| Amenities and Common area details are incorrect. Please update the same properly as per the sanctionFile: amminites.pdf | 8 May 2024 |
| latest self attested copy of the valid/renewed Engineer license certificate issued by the concernedFile: License Renewal details.pdf | 8 May 2024 |
| Construction Cost Details properly from Sl. no. (2) to (13), and accordingly update the cost detailsFile: UPloaded.pdf | 8 May 2024 |
| Engineer certificate in the prescribed formatFile: Form 3.pdf | 8 May 2024 |
| STP design drawing does not tally with the KPSCB NOC. Therefore Please upload the STP design drawingFile: KSPCB.pdf | 8 May 2024 |
| self-attested copy of the NOC issued by HESCOM and Water Supply AuthoritiesFile: Water noc.pdf | 8 May 2024 |
| self-attested copy of the NOC issued by HESCOM and Water Supply AuthoritiesFile: Electric noc.pdf | 8 May 2024 |
| Land cost calculation sheet as per the guidance value(self-attested copy)File: Land cost calculation.pdf | 8 May 2024 |
| brief estimated cost of construction certified by the Engineer.File: Estimate.pdf | 8 May 2024 |
| project name and project address and upload the project specification certified by the EngineerFile: Project Specfication.pdf | 8 May 2024 |
| Guidelines for STPFile: Guide lines for STP.pdf | 8 May 2024 |
| Clarification LetterFile: Clarification Letter for querry.pdf | 8 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 | - |
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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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