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FORTUNE AIR

PR/GJ/VADODARA/VADODARA/Others/MAA08066/170221 · GujRERA · https://gethorizon.in/projects/fortune-air-vadodara-cz7hzdcs

01

Complete project overview

GujRERA · Registration filing
Units
183 units
Mix
168 × Flats · 15 × Shop
Carpet area
20–90 sq mper-unit range, as filed
Blocks
3
Parking
7 spaces
Land area
7,010 sq m

Timeline

Project startedNov 2020
RERA registeredFeb 2021
Proposed completionDec 2025
TodaySep 2026
Construction progress

85% overall, as filed

Overall % complete as filed with GujRERA, taken as the slowest of the project's blocks — a snapshot, not a live tracker. Where a BU permission is on record (section 04), that is the firmer completion signal.

Find your flat

Filed by type and size, in the batches the builder registered — not a per-flat listing. Look yours up.

183 units across 2 batches
TypeArea sq mCount
Shop3115
Flats90168

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

GujRERA · Builder registration

Nilkanth Infra

PARTNERSHIP FIRMPromoter type
Vadodara, GujaratBased in
14Projects
7Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
1,141 homes · 131 plotson the public record across 14 projects
86,262 sq mbuilt-up filed
8,861 sq mplotted area
26,138 sq mland declared
₹110.22 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Othersthis project5 of 12 projects
Ahmedabad Urban Development AuthorityUrban Development Authority2 of 12 projects
Surat Municipal CorporationMunicipal / Corporation2 of 12 projects
Ahmedabad Municipal CorporationMunicipal / Corporation1 of 12 projects
Surat Urban Development AuthorityUrban Development Authority1 of 12 projects
Valsad Area Development AuthorityUrban Development Authority1 of 12 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

More from Nilkanth Infra— the full portfolio →

03

Location & price analysis

GujRERA · Registration filing
Taluka
Vadodara
District
Vadodara
Address
R S No 573/581,F P No 48/53,T P No 61Gotri
What’s nearby
SchoolsNearest school 1.4km away
HealthcareHospital 359m away · 3 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.4 kmPrimary road 547 m · Gotri RoadRailway line 3.2 kmRailway station 4.4km away (Vadodara Junction)Limited bus connectivity nearby
Water & environment
Water body 760 mCanal 1.9 km · Vadodara Branch Canal
distances only — not a flood assessment
Land, title & encumbrance
MortgageLoan outstanding · ₹4.77 Cr outstanding
As declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹60.71 Cr declared to build 183 flats. What that works out to:

₹21.10 Lakh – ₹47.40 Lakhdeclared unit pricerange on the filing — not a live asking price
₹33.17 Lakhdeclared cost per flatall-in — land + construction
₹3,629/sq ftof carpet area₹39,064/sq m
27%of the cost is land₹2,171/sq ft of 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

Gujarat Revenue Department — Annual Statement of Rates (jantri), 2011

In Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.

₹10,034per sq yd
₹12,000per sq m
Which rate
land + construction: residential flat
Matched to
The rate published for the village of “GOTRI”.
In force
2011 schedule

This filing declares ₹39,064 per sq m of carpet area — 3.26× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

  • The minimum value Gujarat’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

GujRERA · Approved building plan

Others

Building Permitapproved 17 Feb 2021 · 5 yrs ago

The promised possession date (31 Dec 2025) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

Building-Use (BU) permission — the occupancy sign-off, on record

All 3 blocks carry a Building-Use (BU) permission (latest 24 Oct 2024)— Gujarat’s legal-to-occupy sign-off, and the completion proof most RERA records simply don’t carry. Still confirm the BU covers your specific unit before you rely on it.

The approving body, at scale

The approving authority

The body that approved this project. It has approved 2,653 RERA projects across 26 talukas about 1 in 6 in Gujarat.

Volume is context, not a verdict — a busier authority is not a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

07

Other projects nearby

The register · within 25 km

1,137 residential projects still under way within 25 km. Step out ring by ring:

Of the 1,169 projects the radar draws within 6 km — every kind, every stage — 442 are residential projects still under way. This list keeps only those, and looks further out.

12 projects within 1 km — showing the nearest 6.

240 m awayResidential/Group Housing

SHIVANTA SKY VIEW

S V DEVELOPERS · Vadodara

Feb 2024registered
Dec 2026target completion
Price band₹25.00 Lakh–₹65.00 LakhScale68 flatsAuthorityGujRERA
300 m awayResidential/Group Housing

HARMONY BLISS

EKDANT DEVELOPERS · Vadodara

Nov 2025registered
Dec 2030target completion
Price band₹45.00 Lakh–₹45.00 LakhScale30 flatsAuthorityGujRERA
330 m awayResidential/Group Housing

KESHAV AURA

KESHAV DEVELOPERS · Vadodara

Jun 2023registered
Dec 2027target completion
Declared cost₹4.67 CrScale21 flatsAuthorityGujRERA
390 m awayResidential/Group Housing

DARSHANAM SPINEL STONE

DARSHANAM INFRACON · Vadodara

May 2022registered
Dec 2027target completion
Declared cost₹80.40 CrScale120 flatsAuthorityGujRERA
420 m awayResidential/Group Housing

THE WINGZ III

BRAHMA DEVELOPERS · Vadodara

Jun 2022registered
Dec 2026target completion
Declared cost₹8.65 CrScale20 flatsAuthorityGujRERA
500 m awayResidential/Group Housing

Red Coral Prime

Shree Hari Developers · Vadodara

Sep 2023registered
Dec 2027target completion
Declared cost₹23.54 CrScale28 flatsAuthorityGujRERA

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.