Proposed Redevelopment OF Prakashkunj Chsl
MahaRERA · the public record
Fortune Florence
Borivali East · Fortune Acres Private Limited
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90units filed as unsoldInventory · 19 September 2026
31 May 2027declared completionMahaRERA registration · read 12 Jul 2026
388registered unitsMahaRERA registration · read 12 Jul 2026
The record · free to read
Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 May 2027
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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The details behind the headline.
MahaRERA · P51800052043
Delivery and registration
When is the project declared for completion?
Fortune Florence is registered with MahaRERA as P51800052043 and the promoter has declared completion for 31 May 2027.
31 May 2027
declared completion
8months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51800052043 |
| Registered on | 19 Jul 2023 |
| Promoter-declared completion | 31 May 2027 |
| Current status | Certificate Signed |
| Against today | 8 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for Fortune Florence record 7 quarterly progress reports since registration.
7quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Filing progress reports — 7 quarterly progress reports on record since registration, with no current default.
Promoter record
What else is this promoter on record for?
Fortune Acres is the promoter of record on 122 projects registered with MahaRERA, 15 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
122projects
registered with MahaRERA
15flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Construction
How much construction cost has been reported?
In Fortune Florence, ₹475.11 Cr of a declared ₹1217.63 Cr estimated project cost is reported as incurred, about 39.0%, as at the last certified filing with MahaRERA.
39.0%
₹475.11 Cr
of ₹1217.63 Cr declared cost
Cost incurred as last certified to MahaRERA. It is a financial measure, not a survey of site work, and it can lag on-site reality between filings.
Source · MahaRERA quarterly progress filing · read 12 Jul 2026
Sales
How much has actually been sold?
In Fortune Florence, 275 of 388 homes filed with MahaRERA are recorded as sold or booked (136 with registered agreements and 139 booked), about 71%, and 113 remain available.
71%sold
275 of 388 homes
₹517.40 Cr
committed by buyers
Counts and agreement value as the promoter filed them at the last compliance date; this is the filed inventory, not current availability. Of that agreement value, ₹218.54 Cr (about 42%) is recorded as collected and ₹298.85 Cr as receivable.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
What buyers actually paid: across 275 registered agreements, the effective carpet rate is ₹20,047/sqft, with eight in ten falling between ₹16,425 and ₹26,389 — computed from the agreement values and carpet areas the promoter filed, not broker quotes.
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
What the filings record, home by home
Read from MahaRERA on 19 September 2026
MahaRERA publishes, home by home, what this promoter filed: which homes are sold and which are not, the RERA carpet area of each, and for the sold ones the registered agreement value — the consideration filed for that specific home. On this project 298 homes carry one, and 90 of the 388 are recorded unsold. Since we started watching this ledger, 82 homes have moved out of the unsold list, most recently on 11 September 2026.
Here is one of those unsold homes, priced against what buyers of the same home on other floors actually filed:
| Home | Carpet | Filed for the same home on other floors | Based on |
|---|---|---|---|
| 2301 | 1,112 sqft | Rs 2.2308 cr typical, over Rs 1.7180 cr to Rs 3.5452 cr | 30 filed on this stack, floors 6–37 |
A filed consideration is what was registered for one home. It is not a valuation, and MahaRERA does not publish the date of any of these agreements — read a range as a spread, not as a trend. An unsold row means no sale had been filed for it when we looked, which is a filing state, not a promise that the home is available to you today. One of the two observations is an archived copy whose time is the moment the file was written, not a portal fetch time.
In Fortune Florence, 88 of the 90 unsold homes have agreements filed on their own stack. The Price Comparison Report gives each of them its own row — the filed agreements behind that stack listed in full, the government reckoner value the promoter filed against it, and whether it is mortgaged to a lender while still on the unsold list. Built from the filing itself, sent by email.
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+12 and 388 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| A Wing | 1 | G+12 | 205 | - |
| B Wing | 1 | G+12 | 183 | - |
Unit mix on the filing: 366 residential and 22 non-residential (shops/offices).
Legal and disputes
What disputes are disclosed?
1 complaint is on the MahaRERA record for Fortune Florence, with orders passed in 1 of them.
1complaint
1with an order
Counts as disclosed in the project record.
Source · MahaRERA project disclosures · read 12 Jul 2026
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12504278 | 03/12/2025 | Khatau Makanji and Company Private Limited vs FORTUNE ACRES PRIVATE LIMITED | order passed |
Location, Land & Connectivity
Located at Borivali East, Magathane, Borivali, Mumbai Suburban, 400066. Per the filed land record, the plot is bounded to the north by CTS NO 172, to the south by CTS NO 180, to the east by CTS NO 1711 and to the west by CTS NO 179A. These are the boundaries as recorded in the filed land record.
Location & connectivity
The nearest major job hub is ~8147 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Nariman Point / Fort | 8146 km |
| Lower Parel / Worli business district | 8147 km |
| Chhatrapati Shivaji Int'l Airport | 8152 km |
| Bandra Kurla Complex (BKC) | 8152 km |
| Andheri MIDC / SEEPZ | 8153 km |
| Powai / Hiranandani business park | 8157 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.