MahaRERA Property Intelligence · Mumbai Suburban

FORTUNE ELITE

PC1180002502148 · GUNDAVLI · promoter Saffron Spaces Limited

Certificate SignedDue 31 Dec 2028

Delivery & Registration

MahaRERA registrationPC1180002502148
Registered on22 Jan 2026
Promoter-declared completion31 Dec 2028
Current statusCertificate Signed
Against today29 months to the declared date

Builder Track Record

Across MahaRERA, Saffron Spaces Limited is the promoter of record on 21 projects, of which 2 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.

Construction Progress

MahaRERA's cost filing puts construction at ~15.8% of the estimated project cost incurred as of the last certificate (₹53.09 Cr spent against a ₹336.85 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.

Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.

Sales & Inventory

Of 293 homes filed with MahaRERA, 0 are sold/booked and 293 remain available (~0% sold) — early in sales — more choice of units now, but confirm the developer has the pre-sales to fund the build. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.

No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.

Buildings & Wings

The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+20 and 293 homes are registered across the project.

BuildingWingsFloorsHomesDeclared completion
FORTUNE ELITE1G+20293-

Unit mix on the filing: 293 non-residential (shops/offices).

Complaints

No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.

Location, Land & Connectivity

Located at GUNDAVLI, NA, Borivali, Mumbai Suburban, 400069. Per the filed land record, the plot is bounded to the north by GUNDAVLI CTS NO. 78, to the south by GUNDAVLI CTS NO.75, PROPOSED 9.15M WIDE D.P. ROAD, to the east by WESTERN EXPRESS HIGHWAY & SERVICE ROAD, PROPOSED 18.30M WIDE D.P. ROAD and to the west by GUNDAVLI CTS 77A, GUNDAVLI CTS NO. 1, CTS NO. 10, CTS NO. 11A, 9.00M EXISTING ROAD: . Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.

LandmarkStraight-line
Andheri MIDC / SEEPZ2 km
Chhatrapati Shivaji Int'l Airport3 km
Powai / Hiranandani business park5 km
Bandra Kurla Complex (BKC)6 km
Lower Parel / Worli business district14 km
Nariman Point / Fort22 km

Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.

🔒 The verdict & buyer playbook · Compliance report

The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.

Unlock in the ₹999 report →

🔒 Unit-by-unit guidance · Unit Guidance report

Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.

Unlock in the ₹2,999 report →

🔒 Full financial records — escrow, funding & the document catalog · Compliance report

The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.

Unlock in the ₹999 report →

Free · Watch this project

We'll email you when this project's RERA record changes.

Something went wrong — email hello@quietlist.in.

✓ You're watching — we'll email you if the RERA record changes.

Other RERA-registered projects in Andheri East

Krishna Milan Heights
possession by Jul 2026 · Milan Interbuilt Private Limited
THE Kollage
possession by Aug 2026 · Zire Rushi Construction
Anamika
possession by Sep 2026 · NEW India Constructions
Romell Myra
Deregistered by MahaRERA · possession by Sep 2026 · Romell Properties Private Limited
Romell Orbis
possession by Sep 2026 · Romell Properties Private Limited
Amey Apartments
possession by Oct 2026 · Amey Realty AND Construction LLP

Major developers building in Andheri East

Other RERA-registered projects in Mumbai Suburban

Fortune Florence
possession by May 2027 · Fortune Acres Private Limited
Fortune Heights
possession by Apr 2028 · Mohamed Adam AND Bros
Fortune Mastan
possession by Dec 2030 · Nina Farms Private Limited
Fortune Plaza
possession by Dec 2026 · Fortune Town Planner LLP
Fortune Venetian
possession by Dec 2027 · Vighnavinashanaya Vikasak LLP
Fressia Ranibello
declared completion Jun 2019 · Lucent Infra Projects Pvt. Ltd.

What to verify before you book

  1. Confirm the MahaRERA registration is live and read the project page on the MahaRERA portal for the sanctioned plan, approvals and the promoter's quarterly progress reports.
  2. Check the declared completion date against actual site progress — registration is not the same as a delivered, occupancy-certified building.
  3. Verify the exact carpet area, floor and unit number in your agreement match the sanctioned plan (not the brochure's saleable area).
  4. Confirm the title, the 7/12 land extract and that your payments go to the project's designated RERA escrow account.

Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.

Last checked against the RERA register: 27 Jul 2026