Home / Browse projects / Kolhapur, Maharashtra / FORTUNE SKY CITY
FORTUNE SKY CITY
RG-MH-93616 · RERA P53000048192 · Last updated on MahaRERA portal: 23 Dec 2024
Source: official MahaRERA filing
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Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 17 other registrations and every project registered within 2 km.
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FORTUNE SKY CITY is a Others project by FORTUNE DEVELOPERS in Kolhapur, Maharashtra, registered with MahaRERA as P53000048192 on 15 Dec 2022. Possession is promised by 31 Dec 2028.
At a glance
Project
- NameFORTUNE SKY CITY
- TypeOthers
- Location
- CHANDANI CHOWK
- WEEKLY MARKET
- Ichalkaranji (M Cl)
- Hatkanangle
- Kolhapur
- 416115
- Pincode416115
- MapView location on Google Maps (as filed on RERA)
- RERA no.P53000048192
- ReraGenie IDRG-MH-93616
Builder
- NameFORTUNE DEVELOPERS
- Entity typePartnership
- PartnersKANAK VRAJALAL SHAH, BHAVANA KANAK SHAH, RUPAL VIRENDRA SHAH, APURVA KANAK SHAH, SALONI APURVA SHAH, HEM VIRENDRA SHAH
- Other registrations17 more →
- Completed8 of 18
- No longer live2 lapsed, de-registered or revoked
- Past their filed date1
- Declared earlier projects8 →
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on15 Dec 2022
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings2 building records
- Documents filed57 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Fortune Sky City A wing | NA | 8 | 0 | 0 | 0 | 0 |
| Fortune Sky City B Wing | NA | 6 | 0 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building2
As on 23 Dec 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.
0 of 22 construction stages are filed complete across 2 buildings. The stage furthest along is Excavation, at 0%.
Fortune Sky City A wing0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Fortune Sky City B Wing0%
| Activity | Progress |
|---|---|
| Excavation | 0% |
| Basement (if any) | 0% |
| Podiums (if any) | 0% |
| Plinth | 0% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities15
As on 23 Dec 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 facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed144
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership7
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| UMA NANDKUMAR GARGATTE | Ichalkaranji (M Cl) | Kolhapur |
| YOGESH NANDKUMAR GARGATE | Ichalkaranji (M Cl) | Kolhapur |
| ABHAY NANDKUMAR GARGATE | Ichalkaranji (M Cl) | Kolhapur |
| DEVIKA AVADHUT GARGATE | Ichalkaranji (M Cl) | Kolhapur |
| RAJKUMAR SHRIKANT GARGATE | Ichalkaranji (M Cl) | Kolhapur |
| VILAS SHRIKANT GARGATE | Ichalkaranji (M Cl) | Kolhapur |
| RAVINDRABABURAO GARGATE | Ichalkaranji (M Cl) | Kolhapur |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | VITTHAL D TODKAR |
| Engineer | SOURABH DEEPAKRAJ POTDAR |
| Chartered Accountant | VIRENDRA VINAYAK TOPKAR |
| Partner | Role in project |
|---|---|
| FORTUNE DEVELOPERS | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 29 Oct 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 31 Oct 2022 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 21 Dec 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 21 Dec 2024Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot due yet
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
possession is promised for 31 Dec 2028
Documents filed57
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Disclosure of sold/ booked inventoryFile: Sep 24 sold unsold.pdf | 23 Dec 2024 |
| Declaration about Commencement CertificateFile: Declaration Form D Sky City[1].pdf | 23 Dec 2024 |
| Building plan approvalFile: FSC Revised Building Plan.pdf | 21 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect March 24.pdf | 21 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect June 24.pdf | 21 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect sep 24.pdf | 21 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect Dec 23.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 dec 23_11zon.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 june 23_11zon.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 dec 23_11zon.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 march 24_11zon.pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 June 2024_11zon_11zon (1).pdf | 21 Dec 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 sep 23_11zon.pdf | 21 Dec 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: FSC Revised Building Permission.pdf | 21 Dec 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: FSC Revised Building Plan.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold inventory March 2023.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold inventory June 23.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: sky City sale disclosure sep 23.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: sky City sale disclosure sep 23_11zon.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: sky City sale disclosure Dec 23.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold March 24.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: Sold unsold inventory june 24.pdf | 21 Dec 2024 |
| Disclosure of sold/ booked inventoryFile: sold unsold inventory Sep 24.pdf | 21 Dec 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: form 5 sky city 2024.pdf | 21 Dec 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 march23.pdf | 7 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 June.pdf | 7 Nov 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1 sep.pdf | 7 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 March.pdf | 7 Nov 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 june.pdf | 7 Nov 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 march_11zon.pdf | 7 Nov 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: CA FORM 5 SKY CITY_compressed (1).pdf | 7 Nov 2023 |
| Declaration about Commencement CertificateFile: SKY CITY SUDHIPATRAK Fortune.pdf | 7 Dec 2022 |
| Other - TechnicalFile: SKY CITY SUDHIPATRAK Fortune.pdf | 7 Dec 2022 |
| Declaration about Commencement CertificateFile: Architect Letter.pdf | 22 Nov 2022 |
| Other - TechnicalFile: Architect Letter.pdf | 22 Nov 2022 |
| CERSAI detailsFile: CERSAI_Search_Report_.pdf | 15 Nov 2022 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Format A_0001.pdf | 15 Nov 2022 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Final CA Certificate.pdf | 9 Nov 2022 |
| Layout approvalFile: fortune Sky City.pdf | 31 Oct 2022 |
| Copy of Layout Approval (in case of layout)File: fortune Sky City.pdf | 31 Oct 2022 |
| Building plan approvalFile: Plan_compressed.pdf | 29 Oct 2022 |
| Copy of the legal title reportFile: Search Report_merged (1)_compressed_.pdf | 29 Oct 2022 |
| Copy of the legal title reportFile: property card (1)_compressed.pdf | 29 Oct 2022 |
| Copy of the legal title reportFile: Property Card (2)_merged_11zon.pdf | 29 Oct 2022 |
| Details of encumbrances concerned to LegalFile: Encumbarances To Legal.pdf | 29 Oct 2022 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan_compressed.pdf | 29 Oct 2022 |
| Commencement Certificates / NA Order for plotted developmentFile: Building Permission Certificate (1).pdf | 29 Oct 2022 |
| Declaration about Commencement CertificateFile: Format D.pdf | 29 Oct 2022 |
| Declaration in FORM BFile: Fortune Form B_compressed.pdf | 29 Oct 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architect certificate.pdf | 29 Oct 2022 |
| Proforma of Agreement for saleFile: Agreement to sell Final.pdf | 29 Oct 2022 |
| Proforma of Allotment letterFile: Allottment Letter - New.pdf | 29 Oct 2022 |
| Deviation Report with respect to Allotment letterFile: No Deviation Allotment letter.pdf | 29 Oct 2022 |
| Deviation Report with respect to model copy of AgreementFile: No Deviation in Agreement to Sell.pdf | 29 Oct 2022 |
| PAN CardFile: Fortune Developers.pdf | 2 Oct 2022 |
| Details of encumbrances concerned to FinanceFile: Concern to Finance.pdf | 2 Oct 2022 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineer Certificate Form 2.pdf | 2 Oct 2022 |
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- All 57 filed documents as one ZIP, foldered, with a manifest
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See every Kolhapur project, with the district possession charts
Builder: FORTUNE DEVELOPERS
FORTUNE DEVELOPERS has 18 registrations on MahaRERA, including FORTUNE HOUSE and FORTUNE WORLD ONE. Its filings disclose 8 earlier MahaRERA projects: declares 4 of 4 past projects completed on time. Read the full track record. See more projects on the Kolhapur district page.
Frequently asked questions
What are my rights if FORTUNE SKY CITY is delayed beyond 31 Dec 2028?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of FORTUNE SKY CITY?
The registered promoter entity is FORTUNE DEVELOPERS, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in FORTUNE SKY CITY?
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; since July 2024 MahaRERA requires a three-account structure for collections. 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.
How current is the construction progress shown for FORTUNE SKY CITY?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at FORTUNE SKY CITY?
The professionals named in the filing: Architect: VITTHAL D TODKAR; Engineer: SOURABH DEEPAKRAJ POTDAR; Chartered Accountant: VIRENDRA VINAYAK TOPKAR. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) 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 SKY CITY?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses 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. The Rs 499 buyer report works through all of them from the filings.
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