ReraGenieLog inGet a buyer report

Home / Browse projects / Vadodara, Gujarat / FORTUNE VILLA

Valid until 31 Jul 2028 Residential/Group Housing project

FORTUNE VILLA

By JAY AMBE BUILDCON

RG-GJ-38759 · RERA PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RAA13949/050824/310328 · Last updated on GujRERA portal: 5 Aug 2024

Source: official GujRERA filing

Red flags

  • No red flags in this filing

Clear

  • Completion date never moved
Jul 2028Possession promisedno revision filed
0 of 63Construction stages doneacross 7 buildings; furthest along: Slabs of Super Structure, 67%
10 of 10Units unsoldnot recorded sold or booked
Jump to the 28 documents Report an error

FORTUNE VILLA is a Residential/Group Housing project by JAY AMBE BUILDCON in Vadodara, Gujarat, registered with GujRERA as PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RAA13949/050824/310328 on 5 Aug 2024. Possession is promised by 31 Jul 2028. 0 of the 10 units on this registration are recorded sold or booked, and 0 of 63 construction stages are filed complete.

At a glance

Project

  • NameFORTUNE VILLA
  • TypeResidential/Group Housing
  • Location
    • B/S. LALITA PARTY PLOT
    • OPP. THE EARTH INFINITY
    • BHAYALI
    • BHAYLI
    • Vadodara
    • 391410
  • Pincode391410
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RAA13949/050824/310328
  • ReraGenie IDRG-GJ-38759

Builder

  • NameJAY AMBE BUILDCON
  • Entity typePARTNERSHIP FIRM
  • Other registrations2 more →

Key dates

this monthRegisteredAug 2024PromisedJul 2028

Key facts

Registration and timeline

  • StatusValid until 31 Jul 2028
  • Registered on5 Aug 2024
  • Promised completion31 Jul 2028
  • Revised completionNone
  • Buildings7 building records
  • Documents filed28 files

Current status

0%0 of 10 units booked
0.0%Of the estimated cost spent so far

Figures as on 5 Aug 2024, this project's latest GujRERA filing.

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TYPE 1---202
TYPE 2---101
TYPE 3---202
TYPE 4---101
TYPE 5---202
TYPE 6---101
TYPE 7---101

The full filing

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

Construction progress by building7

As on 5 Aug 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 63 construction stages are filed complete across 7 buildings. The stage furthest along is Slabs of Super Structure, at 67%.

TYPE 128%
ActivityProgress
Excavation60%
Podiums (if any)Not applicable
Plinth60%
Stilt Floor0%
Slabs of Super Structure67%
Internal walls, internal plaster, floorings, doors and windows within flats33%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks33%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
TYPE 20%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
TYPE 30%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
TYPE 40%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
TYPE 50%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
TYPE 60%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%
TYPE 70%
ActivityProgress
Excavation0%
Podiums (if any)Not applicable
Plinth0%
Stilt Floor0%
Slabs of Super Structure0%
Internal walls, internal plaster, floorings, doors and windows within flats0%
Sanitary fittings within the flats0%
Staircases, lift wells and lobbies at each floor level, overhead and underground water tanks0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing0%
Installation of lifts, water pumps, fire fighting fittings, electrical fittings and finishing0%

Progress on shared amenities23

As on 5 Aug 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 facilityProposedProgress
Internal roads and footpathsYes0%
Water supplyYes10%
Sewerage (chamber, lines, septic tank, STP)Yes0%
Storm water drainsYes0%
Landscaping and tree plantingYes0%
Street lightingYes0%
Community buildingsNoNot applicable
Treatment and disposal of sewage and sullage waterYes0%
Solid waste management and disposalYes0%
Water conservation, rain water harvestingYes0%
Energy managementNoNot applicable
Fire protection and fire safety requirementsNoNot applicable
Electrical meter room, sub-station, receiving stationYes0%
Fire fightingNoNot applicable
Drinking water facilitiesYes0%
Emergency evacuationNoNot applicable
Use of renewable energyNoNot applicable
SecurityYes0%
Letter boxYes0%
Compound wallYes0%
Plinth protectionYes0%
Water tankYes0%
Other requirementsYes0%

Land and ownership

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

Land area1,774 sq m

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 accountNot declared
Estimated costRs 4.84 cr
Spent of the estimate0.0%
BuildingWingEstimatedIncurred
TYPE 1NARs 99.42 lakh-
TYPE 3NARs 99.42 lakh-
TYPE 5NARs 94.49 lakh-
TYPE 2NARs 49.35 lakh-
TYPE 7NARs 47.26 lakh-
TYPE 6NARs 47.25 lakh-
TYPE 4NARs 46.61 lakh-

Certifying professionals and partners2

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

RoleName
ArchitectRuchir Manojbhai Sheth
EngineerMEHUL AMARSINGH PRAJAPATI

Documents filed28

As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PR/GJ/VADODARA/VADODARA/Vadodara Municipal Corporation/RAA13949/050824/310328 on the GujRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
RERA registration certificate5 Aug 2024
Engineer's certificate (Form 2)10 Jul 2024
Engineer's certificate annexure10 Jul 2024
Proforma agreement for sale-
Auditor's report (3 of 3)-
Income tax return (3 of 3)-
Project specific document-
Drainage affidavit-
Directors' report (3 of 3)-
Approved sanctioned plan-
Approved layout plan-
Land location-
Encumbrance certificate-
Area development document-
Proforma allotment letter-
Brochure-
Declaration in Form B-
Approved building or plotting plan-
NOCs from authorities-
Title clearance certificate-
Title report-
Property card-
Statutory document-
Project photograph-
Proforma sale deed-
Audited balance sheet (3 of 3)-
Audited profit and loss statement (3 of 3)-
Cash flow statement (3 of 3)-

How this compares with Vadodara

0%of this project is bookeddistrict median 70%
23%of Vadodara projects moved their completion datethis one has not

Computed across the 2,900+ Vadodara projects on ReraGenie, from their own filings.

Keep FORTUNE VILLA on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near BHAYLI2,900+ in Vadodara

2 kmFORTUNE VILLAOther 295Dot size: filed unitsN

Filed coordinates, straight-line distance. 295 registered projects within 2 km.

Builder: JAY AMBE BUILDCON

JAY AMBE BUILDCON has 3 registrations on GujRERA, including VAISHANVI GARDEN VIEW and SAMVED EXOTICA. Read the full track record. See more projects on the Vadodara district page.

Frequently asked questions

What are my rights if FORTUNE VILLA is delayed beyond 31 Jul 2028?

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 GujRERA.

How do I verify and contact the developer of FORTUNE VILLA?

The registered promoter entity is JAY AMBE BUILDCON, a partnership firm as per the filing. 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 GujRERA listing and in its filed documents.

Is my payment protected in FORTUNE VILLA?

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 VILLA?

The professionals named in the filing: Architect: Ruchir Manojbhai Sheth; Engineer: MEHUL AMARSINGH PRAJAPATI. 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 VILLA?

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 GujRERA, and we read every report.

Report an error Share feedback

Report an error or share feedback

About FORTUNE VILLA. Everything on this page comes from what the promoter filed on GujRERA, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save FORTUNE VILLA to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.