Bengaluru EastMixed Development
Garuda kingsford
GARUDA KINGSFORD
Sep 2024started
Sep 2028target completion
Declared cost₹78.66 CrScale60 flatsAuthorityRERA Karnataka
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Detailed ReportFortuna Bluewings
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- Fortuna Bluewings
- Towers
- 1
- Land area
- 6,367 sq m
- FAR sanctioned
- 10653.5
- Covered area
- 2,412 sq m
- Open area
- 3,955 sq m
Timeline
Project startedJun 2016
RERA registeredOct 2017
Proposed completionSep 2019
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationFortuna Constructions (I) Pvt Ltd
Bengaluru UrbanBased in
1Projects
1City
2017–2019Active
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 East
- District
- Bengaluru Urban
- Pincode
- 560004
- Address
- Syno.184,185,186/1B,&186/1A, Talacauvery Layout, Basavanagar, Vibhuthipura
What’s nearby
SchoolsNearest school 1.1km away · 5 educational institutions within 1km · College or university 2.0km away
HealthcareHospital 545m away · 10 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 518m away · 23+ restaurants and cafes within 1km
ShoppingSupermarket 137m away · Convenience store within 1km · Bank 296m away
Getting around
Expressway 2.1 kmPrimary road 1.3 km · HAL Old Airport RoadRailway line 1.7 kmMetro station 3.5km away (Benniganahalli)3 bus stops within 500m
Water & environment
Water body 685 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹41.67 Cr declared. What that works out to:
6%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 (30 Sep 2019) 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 recordComplaints before RERA Karnataka
3 complaints · 3 disposed · 0 open
A disposed complaint may have been resolved for or against the builder, and only disputes escalated to RERA Karnataka appear here at all.
| Number | Date | Status | |
|---|---|---|---|
| CMP/220727/0009822 | Car park allocation | 27 Jul 2022 | Disposed — authority bench 4 |
| CMP/191112/0004696 | Refund of Booking Amount | 12 Nov 2019 | Disposed — adjudicating officer |
| CMP/190928/0004342 | Refund of Booking amount after cancellation within 12 days from the date of booking | 28 Sep 2019 | Disposed — adjudicating officer |
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 km1,069 residential projects still under way within 25 km. Step out ring by ring:
1 project within 1 km — showing the nearest 1.
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
- 02Builder's track record
- RERA Karnataka: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Karnataka filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- No government guidance rate could be matched to this project from Karnataka's published schedules.
- 05Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- Complaints before RERA Karnataka.
- 07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/fortuna-bluewings-bengaluru-east-5qg80tjb.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.