460 m awayApartment
THE FORMIST MANDALA
FORMIST REALTY PRIVATE LIMITED · Bengaluru North
Sep 2025started
Mar 2030target completion
Declared cost₹178.17 CrScale245 flatsAuthorityRERA Karnataka
Fortuna Acacia
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- Fortuna Acacia
- Land area
- 3,924 sq m
- Covered area
- 1,154 sq m
- Open area
- 2,770 sq m
Timeline
Project startedApr 2016
RERA registeredOct 2017
Proposed completionMar 2020
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationFortunaConstructions India Private Limited
Bengaluru UrbanBased in
1Projects
1City
2017–2020Active
Timelineevery project, start → promised completion
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location & price analysis
RERA Karnataka · Registration filing- Taluk
- Bengaluru North
- District
- Bengaluru Urban
- Pincode
- 560004
- Address
- Syno.88/1-P1, Sahakar Nagar, Byatarayanapura village, Yelahanka Hobli
What’s nearby
Schools3 schools within 1km · 7 educational institutions within 1km · College or university 1.8km away
HealthcareHospital 47m away · 17 clinics within 1km · Pharmacy within 500m
Lifestyle1 park within 500m · Playground within 500m · Gym or sports centre 424m away
ShoppingSupermarket 30m away · Mall 1.2km away · Convenience store within 500m
Getting around
Expressway 947 m · Bellary RoadPrimary road 2.8 km · Thanisandra Main RoadRailway line 1.6 kmRailway station 2.2km away (Hebbal)3 bus stops within 500m
Water & environment
Water body 809 m · Amruthalli Lake
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹34.36 Cr declared. What that works out to:
3%of the cost is land
This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.
04
Government Guidance Rate
Karnataka registration departmentIn Karnataka it’s called the guidance value.
No government guidance rate is shown for this project.
Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
05
Planning authority
RERA Karnataka · Approved building planBuilding Permit
The promised possession date (31 Mar 2020) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
The approving body, at scale
BBMP
Municipal Corporation · Bruhat Bengaluru Mahanagara PalikeHas approved 2,111 RERA projects — about 1 in 4 in Karnataka, more than any other body in the state.
an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 1,619
- On record
- 1,14,417 flats · 373 plots
- Reach
- 9 taluks
- Since
- 2017
More apartment-heavy than Karnataka overall — 100% apartments here vs 62% statewide.
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km958 residential projects still under way within 25 km. Step out ring by ring:
Of the 354 projects the radar draws within 6 km — every kind, every stage — 93 are residential projects still under way. This list keeps only those, and looks further out.
1 project within 1 km — showing the nearest 1.
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.