MahaRERA Property Intelligence · Palghar

FORTUNE LOTUS

P99000012860 · promoter Fortune Realtors

Certificate SignedDue 31 Dec 2024

Delivery & Registration

MahaRERA registrationP99000012860
Registered on07 Sep 2017
Promoter-declared completion31 Dec 2024
Current statusCertificate Signed
Against todayabout 19 months past the declared date

Regulatory Standing

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.

Builder Track Record

Across MahaRERA, Fortune Realtors 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.

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+4.

BuildingWingsFloorsDeclared completion
FORTUNE LOTUS1G+431 Dec 2019

Complaints

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

Deadline Extensions

The promoter has had the MahaRERA completion deadline formally extended 1 time. Each extension is the regulator letting the finish line move — the clearest evidence of delivery slippage, straight from the record.

From (declared)To (revised)Stated reason
21 Oct 202031 Dec 2024DELAY

Location, Land & Connectivity

Located at Andheri, Mumbai Suburban, 401404. Per the filed land record, the plot is bounded to the north by 77-152, to the south by 148, to the east by 149 and to the west by 153-155. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.

Location & connectivity

The nearest major job hub is ~69 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.

LandmarkStraight-line
Andheri MIDC / SEEPZ69 km
Powai / Hiranandani business park71 km
Chhatrapati Shivaji Int'l Airport74 km
Bandra Kurla Complex (BKC)76 km
Lower Parel / Worli business district84 km
Nariman Point / Fort92 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 →

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Builder track record

Fortune Realtors is the promoter on 3 MahaRERA-registered projects, of which 1 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:

Other flagged projects by Fortune Realtors

Other RERA-registered projects in Palghar

Shree SAI Apartment
possession by Jul 2026 · Shree SAI Jivdani Developers
Madhav Vatika - VI
possession by Jul 2026 · R M N H Developers LLP
Prithvi Anand Kuber Complex
possession by Jul 2026 · Prithvi Anand Housing And Land Developer
Vardhaman Divine
possession by Jul 2026 · Vardhaman AND Shah Associates
Symphony Heights
possession by Aug 2026 · Kreate Space LLP
Shree Puram - 2, Building No. 1
possession by Aug 2026 · Vastu Realities

Major developers building in Palghar

Other RERA-registered projects in Palghar

Fortune Park
possession by Dec 2027 · RD Developers
Frenny Platinum Tower
possession by Dec 2026 · Platinum Developers
Freny Avenue
possession by Aug 2026 · Sumitra Realtors
Friends Park
declared completion Jul 2024 · Friends Construction
Friends Residency
possession by Dec 2026 · Friends Construction Company
Future Build Realtors
declared completion Feb 2021 · Future Build Realtors

What to do next (past deadline)

  1. Ask the developer for the RERA extension filing — they must file for an extension before the deadline passes.
  2. Check the MahaRERA portal for a revised completion date or extension order.
  3. Review your allotment letter's possession clause for interest or compensation terms on delayed handover.
  4. File a complaint with MahaRERA if no extension has been filed and the delay is impacting possession.

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