Rushabh Apartment
MahaRERA Property Intelligence · Mumbai Suburban
P51800052043 · Borivali East · promoter Fortune Acres Private
| MahaRERA registration | P51800052043 |
| Registered on | 19 Jul 2023 |
| Promoter-declared completion | 31 May 2027 |
| Current status | Certificate Signed |
| Against today | 10 months to the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
Across MahaRERA, Fortune Acres Private is the promoter of record on 119 projects, of which 13 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.
MahaRERA's cost filing puts construction at ~39.0% of the estimated project cost incurred as of the last certificate (₹475.11 Cr spent against a ₹1217.63 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. With only ~10 months to the declared date and ~39.0% of the cost incurred, ask the promoter how the balance gets built in the time left.
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.
Of 388 homes filed with MahaRERA, 275 are sold/booked (136 with registered agreements + 139 booked) and 113 remain available (~71% sold) — selling steadily. Buyers have committed ₹517.40 Cr in agreement value so far. Of that, ₹218.54 Cr (~42%) is already collected, ₹298.85 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 275 registered agreements, the effective carpet rate is ₹20,047/sqft (typical range ₹16,425–₹26,389) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
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.
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).
1 complaint is on the MahaRERA record for this project, with orders passed in 1. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12504278 | 03/12/2025 | Khatau Makanji and Company Private Limited vs FORTUNE ACRES PRIVATE LIMITED | order passed |
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. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
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.
🔒 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.
🔒 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.
🔒 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.
Should you buy in Fortune Florence?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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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