Home / Browse projects / Bengaluru Urban, Karnataka / JAI FORTUNE SQUARE
JAI FORTUNE SQUARE
By JAI BUILDERS
RG-KA-70233 · RERA PRM/KA/RERA/1251/446/PR/060324/006671 · Last updated on RERA Karnataka portal: 5 Mar 2024
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.
JAI FORTUNE SQUARE is a Residential/Group Housing project by JAI BUILDERS in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/060324/006671 on 6 Mar 2024. Possession is promised by 31 Dec 2025.
At a glance
Project
- NameJAI FORTUNE SQUARE
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- 560048
- Pincode560048
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1251/446/PR/060324/006671
- ReraGenie IDRG-KA-70233
Builder
- NameJAI BUILDERS
- Entity typePartnership Firm
- GSTIN29AATFJ1638E1Z2
- Authorized SignatoryM.Somasekhar
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on6 Mar 2024
- Promised completion31 Dec 2025
- Revised completionNone
- Buildings1 building record
- Documents filed124 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| JAI FORTUNE SQUARE | - | - | - | - | - | 136 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 5 Mar 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.
Building:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Upto Plinth Level | - |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| Retaining wall (All types) | - |
| RCC or MS Framed structure | - |
| Masonry Construction | - |
| Plastering inside , outside & Ceiling | - |
| Joinery: Doors, Windows, Ventilators etc | - |
| Basic work of Water supply, Sanitary and Electrification | - |
| Dadoing, Skirting, Flooring, Tiles work (All types) | - |
| Railing and Grill fixing | - |
| Electrification, Water supply and Sanitary Finishing | - |
| Painting | - |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | - |
| Elevation work | - |
| Internal and External work including landscapes as per sanctioned drawings | - |
Progress on shared amenities40
As on 5 Mar 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 |
|---|---|---|
| Water Supply | Yes | - |
| Sewage and Drainage System | Yes | - |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | - |
| Solid waste management and disposal | Yes | - |
| Emergency Evacuation services | Yes | - |
| Internal Roads & Footpaths | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | - |
| Parks & Tree planting | Yes | - |
| Street Lighting | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | Yes | - |
| Outdoor Sports facility | Yes | - |
| Indoor Sports facility | Yes | - |
| Swimming Pool | Yes | - |
| Gym | No | Not applicable |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Piped Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Corridor/Lobbies | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | No | Not applicable |
| Basement | No | Not applicable |
| Terrace | No | Not applicable |
| Outer Wall | No | Not applicable |
| 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 ownership11
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 |
|---|---|---|
| V.R Lakshmi Purnima | - | - |
| T.Shinadh | - | - |
| S.Guru Prasad | - | - |
| M.Balaji Madhava Murthy | - | - |
| Batchu Suman | - | - |
| Bhagyamma | - | - |
| C.Suresh | - | - |
| Pinnamaneni Sri Navya | - | - |
| Bhujangam Naidu.E | - | - |
| Chinta A Sridharareddy | - | - |
| Kandra Ananda Naidu | - | - |
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 45.00 cr | - |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | T N S Chakravarthi |
| Engineer | MADAMANCHI SURENDRA NADH |
| Chartered Accountant | HARSHAVARDHAN REDDY |
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/1251/446/PR/060324/006671 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Partnership firm registration certificateFile: Partnership firm registration certificate.pdf | 5 Mar 2024 |
| CA CertificateFile: CA Certificate.pdf | 5 Mar 2024 |
| Balance fees paid receiptFile: Khajane fees paid receipt.pdf | 5 Mar 2024 |
| Sources of funds along with Loan sanction mail after RERA from bankFile: Source of Funds.pdf | 5 Mar 2024 |
| RERA Accounts Bank LetterFile: RERA accounts Bank Letter.pdf | 5 Mar 2024 |
| Bank AffidavitFile: Bank Affidavit.pdf | 5 Mar 2024 |
| Non litigation affidavitFile: Non litigation affidavit.pdf | 5 Mar 2024 |
| Clarification commencement certificateFile: Clarification commencement certificate.pdf | 5 Mar 2024 |
| partnership deedFile: Partnership Deedcompressed.pdf | 26 Feb 2024 |
| BANK AFFIDAVITFile: BANK AFFIDAVITE 1.pdf | 26 Feb 2024 |
| profit and loss account and balance sheet 2022-23 CLARIFICATIONFile: Jai 2022 23 CLARIFICATION LETTER.pdf | 26 Feb 2024 |
| CA MEMBERSHIP CERTIFICATEFile: CA CERTIFICATE.jpeg | 26 Feb 2024 |
| FORM 1 CAFile: RERA CA Certificate.pdf | 26 Feb 2024 |
| sources of funds to complete the project supporting documentsFile: SOURCE OF FUND CLARIFICATIONS.pdf | 26 Feb 2024 |
| RTCFile: RTC 101.pdf | 26 Feb 2024 |
| MUTTATIONFile: MUTATION.pdf | 26 Feb 2024 |
| CONVERTIONS COMMERICAL AND RESIDENTIALSFile: CONVERSTION BOTH.pdf | 26 Feb 2024 |
| land owner RESIDENTIALSFile: RESIDENCIAL SALE DEED.pdf | 26 Feb 2024 |
| COMMERCIALS LAND OWNERSFile: COMMERCIALS SALE DEED.pdf | 26 Feb 2024 |
| AMALAGAMATION DEEDFile: AMALAGAMATION DEED 1.pdf | 26 Feb 2024 |
| GIFT DEEDS COMMERCIALSFile: COMMERCIAL GIFT DEED.pdf | 26 Feb 2024 |
| GIFT DEED RESIDENCIALSFile: RESIDINCIAL GIFT DEED.pdf | 26 Feb 2024 |
| ALL KATHASFile: ALL KHATHAS.pdf | 26 Feb 2024 |
| NO-LITIGATION affidavitFile: JDA Affidivate (1).pdf | 26 Feb 2024 |
| advocate search reportFile: LEGAL REPORT SY 101.pdf | 26 Feb 2024 |
| Single plot layoutFile: SINGAL FLAT CLARIFICATIONS.pdf | 26 Feb 2024 |
| Single plot layout OrderFile: SINGAL FLAT CLARIFICATIONS.pdf | 26 Feb 2024 |
| CDP map showingFile: CDP 314.pdf | 26 Feb 2024 |
| VILLAGE MAPFile: VILLAGE MAP.pdf | 26 Feb 2024 |
| Building LicenseFile: BULDING LICENCSE.pdf | 26 Feb 2024 |
| CCFile: BULDING LICENCSE.pdf | 26 Feb 2024 |
| Amenities and Common area detailsFile: COMMON AREA CLARIFICATIONS.pdf | 26 Feb 2024 |
| brief estimated cost of construction certifiedFile: ENG PROJECT COST.pdf | 26 Feb 2024 |
| Engineer license certificate AND KYCFile: BBMP - Certificate.pdf | 26 Feb 2024 |
| STP design drawingFile: STP Design JAI Builder-Model.pdf | 26 Feb 2024 |
| notarized affidavitFile: AFFIDAVITE.pdf | 26 Feb 2024 |
| KSPCB NOCFile: KSPCB NOC.pdf | 26 Feb 2024 |
| KSPCB RECIPTFile: KSPCB RECEIPT.pdf | 26 Feb 2024 |
| BESCOM NOC WITH RECEIPTFile: BESCOM NOC WITH RECEIPT.pdf | 26 Feb 2024 |
| BWSSB NOCFile: BWSSB NOC.pdf | 26 Feb 2024 |
| BWSSB RECEIPTFile: BWSSB NOC PAYMENT RECEIPT.pdf | 26 Feb 2024 |
| ENVIRONMENT CERTIFICATEFile: ENVIRONMENTAL CERTIFICATES.pdf | 26 Feb 2024 |
| guidance valueFile: STAMP DUTY CERTIFICATE.pdf | 26 Feb 2024 |
| Proforma of Agreement for saleFile: sale agreement-jai fortune square final.pdf | 26 Feb 2024 |
| SPECIFICATIONSFile: SPECIFICATION.pdf | 26 Feb 2024 |
| WORK ORDER LETTERFile: WORK ORDER LETTER.pdf | 26 Feb 2024 |
| Amenities and Common area detailsFile: AMENITIES.jpeg | 26 Feb 2024 |
| STABILITY CERTIFICATEFile: Jai Builders - Satbility Certificate.pdf | 26 Feb 2024 |
| RTC, survey 101-4 | - |
| Mutation, survey 101-4 | - |
| Encumbrance Certificate, survey 101-4 | - |
| Conversion/Alienation Order, survey 101-4 | - |
| JDA, survey 101-4 | - |
| Khatha, survey 101-4 | - |
| Registration CertificateFile: Adobe Scan 17 Feb 2024 (8).pdf | - |
| Partnership DeedFile: Partnership Deed_compressed.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: RERA CA Certificate.pdf | - |
| Certificate issued by Architect Form 2File: Form-2 Architect Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Jai Fortune Square Eng Cert.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: JDA Affidivate.pdf | - |
| Certificate from Chartered AccountFile: RERA CA Certificate.pdf | - |
| Balance Sheet 2022 - 2023File: clarification For Financial Statements.pdf | - |
| Balance Sheet 2021 - 2022File: clarification For Financial Statements.pdf | - |
| Balance Sheet 2020 - 2021File: clarification For Financial Statements.pdf | - |
| Audited Profit and Loss Statement 2022 - 2023File: clarification For Financial Statements.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: clarification For Financial Statements.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: clarification For Financial Statements.pdf | - |
| Director's Report 2022 - 2023File: clarification For Financial Statements.pdf | - |
| Director's Report 2021 - 2022File: clarification For Financial Statements.pdf | - |
| Director's Report 2020 - 2021File: clarification For Financial Statements.pdf | - |
| Cash Flow Statement 2022 - 2023File: clarification For Financial Statements.pdf | - |
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Builder: JAI BUILDERS
JAI BUILDERS has 1 registration on RERA Karnataka, including JAI FORTUNE SQUARE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if JAI FORTUNE SQUARE 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 JAI FORTUNE SQUARE?
The registered promoter entity is JAI BUILDERS, a partnership firm as per the filing. Its GSTIN 29AATFJ1638E1Z2 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 JAI FORTUNE SQUARE?
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 JAI FORTUNE SQUARE?
The professionals named in the filing: Architect: T N S Chakravarthi; Engineer: MADAMANCHI SURENDRA NADH; Chartered Accountant: HARSHAVARDHAN REDDY. 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 JAI FORTUNE SQUARE?
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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