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FORTUNE SRUSHTI
RG-MH-09744 · RERA P52100010931 · Last updated on MahaRERA portal: 25 Nov 2020
Source: official MahaRERA 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
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 2 other registrations and every project registered within 2 km.
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FORTUNE SRUSHTI is a Residential / Group Housing project by FORTUNE ASSOCIATES in Pune, Maharashtra, registered with MahaRERA as P52100010931 on 31 Aug 2017. The registration is recorded completed; possession was promised by 31 Jul 2018.
At a glance
Project
- NameFORTUNE SRUSHTI
- TypeResidential / Group Housing
- Location
- Pune (M Corp.)
- Pune City
- Pune
- 411028
- Pincode411028
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100010931
- ReraGenie IDRG-MH-09744
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on31 Aug 2017
- Promised completion31 Jul 2018
- Revised completionNone
- Buildings3 building records
- Documents filed20 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| BUILDING A | NA | 13 | 0 | 0 | 0 | 0 |
| BUILDING B | NA | 12 | 0 | 0 | 0 | 0 |
| BUILDING C | 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 building3
As on 25 Nov 2020, 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.
31 of 33 construction stages are filed complete across 3 buildings. The stage furthest along is Podiums (if any), at 0%.
BUILDING A91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
BUILDING B91%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
BUILDING C100%
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 100% |
| Sanitary Fittings within the flats / premises | 100% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 100% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 100% |
| 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. | 100% |
Progress on shared amenities15
As on 25 Nov 2020, 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 | 60% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 30% |
| Storm Water Drains | Yes | 50% |
| Landscaping & Tree Planting | Yes | 70% |
| Street Lighting | Yes | 70% |
| Community Buildings | Yes | 80% |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 70% |
| Solid Waste Management And Disposal | Yes | 50% |
| Water conservation /Rain water harvesting | Yes | 70% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 90% |
| Electrical meter room, sub-station, receiving station | Yes | 70% |
| Aggregate area of recreational Open Space | Yes | 60% |
| Open Parking | No | Not applicable |
Parking filed74
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.
| Building | Closed/Covered | Total |
|---|---|---|
| BUILDING A | 32 | 32 |
| BUILDING B | 32 | 32 |
| BUILDING C | 10 | 10 |
Land and ownership2
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 |
|---|---|---|
| DNYABA NAMDEV KAMTHE | Pune (M Corp.) | Pune |
| CHANDRABHAGA DNYANOBA KAMTHE | Pune (M Corp.) | Pune |
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 partners2
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | GIRISH KARANDE AND ASSOCIATES |
| Engineer | SPECTRAM CONSULTANTS |
| Partner | Role in project |
|---|---|
| FORTUNE ASSOCIATES | - |
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 17 Jul 2017 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 17 Jul 2017 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 17 Jul 2017 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 17 Jul 2017Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 25 Nov 2020
Documents filed20
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 |
|---|---|
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: FA-Completion_certificate_compressed.pdf | 25 Nov 2020 |
| Certificates of Architect (Form 4)File: ARCHITECT CERTIFICATE.pdf | 22 Nov 2018 |
| OtherFile: FA-Completion_certificate-compressed.pdf | 22 Nov 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: engg certificate.pdf | 30 Sep 2018 |
| Certificates of CA (Form 5)File: form5 ca.pdf | 30 Sep 2018 |
| Certificates of CA (Form 3)File: CA Certificate0001_Compressed.pdf | 29 Jul 2017 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engineers_Certificate Final.pdf | 23 Jul 2017 |
| Proforma of Allotment letterFile: Fortune Associates proforma of agreement and allotment letter.pdf | 22 Jul 2017 |
| Declaration in FORM BFile: Form_-B Promoters Fortune_Associates.pdf | 21 Jul 2017 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Form 1 Architect certificate_Compressed.pdf | 18 Jul 2017 |
| Building plan approvalFile: building plan layout_Compressed.pdf | 17 Jul 2017 |
| Layout approvalFile: building plan layout_Compressed.pdf | 17 Jul 2017 |
| Building plan approvalFile: plan_Compressed.pdf | 17 Jul 2017 |
| Copy of the legal title reportFile: Sarch_Report_Associates.pdf | 17 Jul 2017 |
| Details of encumbrancesFile: Encumbrance_Certificate_Fortune__associates.pdf | 17 Jul 2017 |
| Copy of Layout Approval (in case of layout)File: building plan layout_Compressed.pdf | 17 Jul 2017 |
| Building Plan Approval (IOD)File: building plan layout_Compressed.pdf | 17 Jul 2017 |
| Building Plan Approval (IOD)File: plan_Compressed.pdf | 17 Jul 2017 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement.pdf | 17 Jul 2017 |
| PAN CardFile: Fortune_Associates_Pan_Copy.pdf | 16 Jul 2017 |
Promoter's earlier projects1
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.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| FORTUNE PRATHAMESH | KONDHWA BUDRUK OPP KUMAR PALM | 35 | Completed | Oct 2015 | Apr 2015 |
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How this compares with Pune
Computed across the 13,700+ Pune projects on ReraGenie, from their own filings.
Free monthly report: Pune on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.
Buyer report
Useful on a completed registration when you are buying resale, or checking what was promised against what was delivered.
- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 2 other registrations and every project registered within 2 km, which the RERA portal never shows together
- All 20 filed documents as one ZIP, foldered, with a manifest
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Builder: FORTUNE ASSOCIATES
FORTUNE ASSOCIATES has 3 registrations on MahaRERA, including FORTUNE SRUSHTI and ARISTOLIA. Its filings disclose 2 earlier MahaRERA projects: declares 2 of 2 past projects completed on time. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if FORTUNE SRUSHTI is delayed beyond 31 Jul 2018?
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 SRUSHTI?
The registered promoter entity is FORTUNE ASSOCIATES, 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 SRUSHTI?
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 SRUSHTI?
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 SRUSHTI?
The professionals named in the filing: Architect: GIRISH KARANDE AND ASSOCIATES; Engineer: SPECTRAM CONSULTANTS. 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 SRUSHTI?
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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