ALF Developers
MahaRERA Property Intelligence · Mumbai City
P51900011198 · promoter Alf Developers
| MahaRERA registration | P51900011198 |
| Registered on | 31 Aug 2017 |
| Promoter-declared completion | 31 Jan 2027 |
| Current status | Certificate Signed |
| Against today | 6 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.
MahaRERA's cost filing puts construction at ~80.8% of the estimated project cost incurred as of the last certificate (₹44.25 Cr spent against a ₹54.75 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.
Of 57 homes filed with MahaRERA, 49 are sold/booked and 8 remain available (~86% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹68.64 Cr in agreement value so far. Of that, ₹55.24 Cr (~80%) is already collected, ₹13.40 Cr receivable — a read on how far along these sales really are. Note: the project registers 127 homes in total, but this sold/unsold inventory filing covers only 57 of them — the other 70 aren't in the ledger yet. Ask the builder what they are (an unreleased phase, held-back stock, or non-saleable/car-park units) before reading too much into the percentage. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 48 registered agreements, the effective carpet rate is ₹20,592/sqft (typical range ₹17,580–₹24,558) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 1 | 1 | 782 sqft (72.64 sqm) | ₹1.57 Cr |
| Floor 11 | 1105 | 728 sqft (67.59 sqm) | ₹1.59 Cr |
| Floor 2 | 2 | 782 sqft (72.64 sqm) | ₹1.57 Cr |
| Floor 21 | 2101 | 1,355 sqft (125.84 sqm) | ₹3.14 Cr |
| Floor 21 | 2105 | 728 sqft (67.65 sqm) | ₹1.69 Cr |
| Floor 3 | 3 | 773 sqft (71.83 sqm) | ₹1.56 Cr |
| Floor 6 | 602 | 422 sqft (39.16 sqm) | ₹89.23 Lakh |
| Ground/Floor 0 | 1 | 793 sqft (73.65 sqm) | ₹1.60 Cr |
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+25 and 127 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| FORTUNE VUE 2 | 1 | G+21 | 35 | 30 Apr 2021 |
| FORTUNE VUE 3 | 1 | G+25 | 92 | 30 Dec 2021 |
Unit mix on the filing: 113 residential and 14 non-residential (shops/offices).
No buyer complaints were on this project's MahaRERA record at the time of reading — a clean sheet worth re-checking near booking.
The promoter has had the MahaRERA completion deadline formally extended 2 times. 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 |
|---|---|---|
| 31 Dec 2024 | 31 Dec 2024 | project delayed due to certain mitigating circumstances |
| 30 Dec 2021 | 31 Jan 2027 | project delayed due to certain mitigating circumstances |
Located at Maulana Azad Road, Ward ABCD, Mumbai City, 400011. Per the filed land record, the plot is bounded to the north by BY the Property of Dr Charles, to the south by BY the Property of Hassan Ali Sharafalli, to the east by BY the Property of abdul rahim shaikh Goolamali and to the west by BY the Ripon Road. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| Landmark | Straight-line |
|---|---|
| Lower Parel / Worli business district | 2 km |
| Nariman Point / Fort | 6 km |
| Bandra Kurla Complex (BKC) | 10 km |
| Chhatrapati Shivaji Int'l Airport | 13 km |
| Andheri MIDC / SEEPZ | 17 km |
| Powai / Hiranandani business park | 17 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 Vue A & B Wing?
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
Scan with any UPI app to pay · quietlist@kotak
Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
Not useful to your decision? Full refund — no questions asked.
Scan with any UPI app to pay · quietlist@kotak
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.
Free · Watch this project
We'll email you when this project's RERA record changes.
ALF Developers is the promoter on 2 MahaRERA-registered projects, with none currently carrying a regulator flag — a reassuring wider track record (matched on the promoter name in the register; it doesn't guarantee this specific project, but a clean portfolio is a good sign).
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