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Royal Fortune
RG-MH-95599 · RERA P52100018295 · Last updated on MahaRERA portal: 15 Mar 2024
Source: official MahaRERA filing
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Red flags
- Completion date moved by 73 months
- 3 extensions taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
- Allotment letter follows the model form
2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.
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Royal Fortune is a Commercial project by Vivan Landmark in Pune, Maharashtra, registered with MahaRERA as P52100018295 on 22 Oct 2018. Possession is promised by 15 Oct 2026. The completion date has moved by 73 months from the original filing. 24 of the 30 units on this registration are recorded sold or booked, and 9 of 11 construction stages are filed complete.
At a glance
Project
- NameRoyal Fortune
- TypeCommercial
- Location
- Baner
- Haveli
- Pune
- 411045
- Pincode411045
- MapView location on Google Maps (as filed on RERA)
- RERA no.P52100018295
- ReraGenie IDRG-MH-95599
Builder
- NameVivan Landmark
- Entity typePartnership
- GSTIN27AANFV4026E1Z4
- PartnersJinesh Mansukhlal Kakaria, BHARAT RASIKLAL SHAH
Key dates
Key facts
Registration and timeline
- StatusRegistered
- Registered on22 Oct 2018
- Promised completion15 Oct 2026
- Revised completionRevised to 15 Oct 2026 (originally 30 Sep 2020)
- Buildings1 building record
- Documents filed39 files
Current status
Figures as on 15 Mar 2024, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Royal Fortune | NA | 7 | 7 | 6 | 24 | 30 |
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 building1
As on 15 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.
9 of 11 construction stages are filed complete. The stage furthest along is Installation of Lifts, at 95%.
Royal Fortune: 90% average across the applicable activities
| 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. | 95% |
Progress on shared amenities15
As on 15 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 |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 100% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | No | Not applicable |
| Storm Water Drains | Yes | 100% |
| Landscaping & Tree Planting | Yes | 100% |
| Street Lighting | No | Not applicable |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | No | Not applicable |
| Solid Waste Management And Disposal | No | Not applicable |
| Water conservation /Rain water harvesting | Yes | 80% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 100% |
| Electrical meter room, sub-station, receiving station | Yes | 100% |
| Aggregate area of recreational Open Space | No | Not applicable |
| Open Parking | No | Not applicable |
Parking filed31
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 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 |
|---|---|---|
| Niraj Narendra Sanklecha | Baner | Pune |
| Bharat Rasiklal Shah | - | 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 partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Rupesh Jamkhindikar |
| Engineer | Shishir Dhawade |
| Engineer | Nivcon Projects Pvt Ltd |
| Chartered Accountant | N N Bagwan and Associates |
| Chartered Accountant | K K S S & Associates |
| Chartered Accountant | A H V & Associates |
| Chartered Accountant | Tushar S Shermale & Associates |
| Partner | Role in project |
|---|---|
| Vivan Landmark | - |
Extensions applied for3
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoter(i) As the occurrence of unexpected global pandemic situation of COVID -19 has direct effect on the work due to shortage of material, labour & other necessary resources of project leads to the delay in completion of the project. (ii) This is to be stated that, the promoter has completed the project in full and applied for the completion of the project. However, with the approval of Unified Development Control and Promotion Regulation by Govt of Maharashtra promoter is eligible to get additional FSI for the under construction projects. Thus, promoter after discussion with the allottees decided
Reason as filed by the promoter(i) As the occurrence of unexpected global pandemic situation of COVID -19 has direct effect on the work due to shortage of material, labour & other necessary resources of project leads to the delay in completion of the project. (ii) COVID - 19 pandemic turns out with the lockdown situation because of which the Pune Municipal Corporation unable to give priority to issue completion certificate, the file for which has been already submitted in PMC Office. The acknowledgement of the said submission is enclosed along with this application. This is also one of the reason for delay in completion of
Reason as filed by the promoterWe M/s. Vivan Landmark promoters of the project ROYAL FORTUNE hereby declarae that the said project is completed in all respects, for which promoters have already obtained full Occupation Certificate from planning authority dated 27/07/2023 and for all sold units possessions are handed over to all allottees till date. As on date project is lapsed status and OC date is beyond the project completion date form 4 validation as per order 24 cannot be carried out for obtaining completion status of the project. Hence we request Your Honor to please grant us a POST FACTO extension till 15-10-2026 for
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 13 Oct 2018 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 6 Oct 2018 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 6 Oct 2018 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 6 Oct 2018Confirm 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 12 Feb 2024
Documents filed39
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 |
|---|---|
| Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: RERA Form 2A - Engineer Certificate FY 19-20.pdf | 15 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2020-21)File: RERA Form 2A - Engineer Certificate FY 20-21.pdf | 15 Mar 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2021-22)File: RERA Form 2A - Engineer Certificate FY 21-22.pdf | 15 Mar 2024 |
| Certificates of CA (Form 3)File: Updated form 3 on Letterhead_compressed.pdf | 15 Mar 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A (Niraj Sanklecha).pdf | 15 Mar 2024 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Annexure A (Bharat Shah).pdf | 15 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2017-18)File: Form 5 Vivan Landmark 17-18 (1).pdf | 15 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: Form 5 Vivan Landmark 18-19 (1).pdf | 15 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: Form 5 Vivan Landmark 19-20 (1).pdf | 15 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2020-21)File: Form 5 Vivan Landmark 20-21 (1).pdf | 15 Mar 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form 5 Vivan Landmark 21-22 (1).pdf | 15 Mar 2024 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Seprate Bank Account Declaration.pdf | 15 Mar 2024 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: RERA Form 1.pdf | 28 Feb 2024 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Engineer Certificate.pdf | 27 Feb 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2022-23)File: Form 2A Sign.pdf | 27 Feb 2024 |
| Disclosure of sold/ booked inventoryFile: DISCLOSURE Sold Unsold.pdf | 27 Feb 2024 |
| CERSAI detailsFile: CERSAI Declaration.pdf | 27 Feb 2024 |
| Certificates of CA (Form 3)File: Form 3_compressed.pdf | 27 Feb 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form 5 Vivan Landmark Signed.pdf | 27 Feb 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: Full Occupancy Certificate.pdf | 12 Feb 2024 |
| Details of encumbrancesFile: Encumbrance Cert.pdf | 15 Oct 2018 |
| Copy of the legal title reportFile: Search and Title.pdf | 13 Oct 2018 |
| Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Engineer Cert-ilovepdf-compressed.pdf | 13 Oct 2018 |
| Certificates of CA (Form 3)File: CA Certificate-ilovepdf-compressed.pdf | 13 Oct 2018 |
| OtherFile: Building Plan.pdf | 13 Oct 2018 |
| OtherFile: NA Order Certificate-ilovepdf-compressed.pdf | 13 Oct 2018 |
| OtherFile: Index II Kharedi khat.pdf | 13 Oct 2018 |
| OtherFile: Index II Road.pdf | 13 Oct 2018 |
| OtherFile: 7_12 Extract.pdf | 13 Oct 2018 |
| Building plan approvalFile: Building Plan.pdf | 6 Oct 2018 |
| Layout approvalFile: Sanction Layout.pdf | 6 Oct 2018 |
| PAN CardFile: Pan Card Vivan Landmark.pdf | 6 Oct 2018 |
| Copy of Layout Approval (in case of layout)File: Sanction Layout.pdf | 6 Oct 2018 |
| Building Plan Approval (IOD)File: Building Plan.pdf | 6 Oct 2018 |
| Commencement Certificates / NA Order for plotted developmentFile: Commencement Certificate-ilovepdf-compressed.pdf | 6 Oct 2018 |
| Declaration in FORM BFile: Form B- Niraj Sanklecha-ilovepdf-compressed.pdf | 6 Oct 2018 |
| Declaration in FORM BFile: Form B- Bharat Shah-ilovepdf-compressed.pdf | 6 Oct 2018 |
| Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: Architect Certificate Vivan.pdf | 6 Oct 2018 |
| Proforma of Allotment letterFile: S No 15 Baner Agreement Draft.pdf | 6 Oct 2018 |
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Builder: Vivan Landmark
Vivan Landmark has 1 registration on MahaRERA, including Royal Fortune. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Pune district page.
Frequently asked questions
What are my rights if Royal Fortune is delayed beyond 15 Oct 2026?
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 Royal Fortune?
The registered promoter entity is Vivan Landmark, a partnership as per the filing. Its GSTIN 27AANFV4026E1Z4 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 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 Royal Fortune?
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 Royal Fortune?
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 Royal Fortune?
The professionals named in the filing: Architect: Rupesh Jamkhindikar; Engineer: Shishir Dhawade; Engineer: Nivcon Projects Pvt Ltd; Chartered Accountant: N N Bagwan and Associates; Chartered Accountant: K K S S & Associates; Chartered Accountant: A H V & Associates. 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 Royal Fortune?
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; why the completion date was revised and what the new timeline depends on. The Rs 499 buyer report works through all of them from the filings.
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