PoisarOthers
VENCON BHAGAT NIWAS
VENCON REALTY AND INFRASTRUCTURE LLP
May 2025registered
Dec 2027target completion
Government Guidance Rate₹1,34,123/sq ydScale65 flatsAuthorityMahaRERA
HORIZONSearch & explore India’s real estate — the whole picture. gethorizon.in1.2 lakh+ projects · 78k+ builders · 600+ micro-markets · across 22 states
Detailed ReportFORTUNE HEIGHTS
01
Complete project overview
MahaRERA · Registration filing- Units
- 54 units
- Floors
- 16
- Buildings
- 2
- Parking
- 79 spaces
- Land area
- 3,703 sq m
- Sanctioned built-up
- 2,397 sq m
Timeline
RERA registeredAug 2020
Proposed completionJun 2025
TodaySep 2026
Construction progressPer-activity completion % as filed with MahaRERA, shown for in-progress projects — a snapshot, not a live tracker.
OC-readiness70%
Flat fit-out80%
Fire protection an…80%
Podiums90%
Superstructure90%
Internal finishes90%
Stairs & lifts90%
External finishes90%
Energy managemcnt90%
Excavation100%
Basement (if any)100%
Plinth100%
Stilt floor100%
Water Supply100%
Sewerage (Chamber,…100%
Storm Water Drains100%
Solid Waste Manage…100%
Water conservation…100%
Electrical meter r…100%
02
Builder’s track record
MahaRERA · Builder registrationMOHAMED ADAM AND BROS
CompanyPromoter type
Mumbai Suburban, MAHARASHTRABased in
1Projects
1City
2020–2025Active
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
MahaRERA · Registration filing- This project
- 222 new projects last year
- 2,152 nearby projects
- Village
- Borivali
- Taluka
- Borivali
- District
- Mumbai Suburban
- Pincode
- 400067
- Survey no.
- CTS NO 428-A 428-A/1 TO 20 428-B
- North boundary
- 9 POINT 15 M ROAD
- East boundary
- 9 POINT 15 M ROAD
- South boundary
- 414 426 429 AND 430
- West boundary
- 27 POINT 45 M WIDE SV ROAD
What’s nearby
SchoolsNearest school 1.1km away · College or university 340m away
HealthcareHospital 100m away · 9 clinics within 1km · Pharmacy within 500m
LifestylePark 1.1km away · Gym or sports centre 1.8km away · 11+ restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Mall 1.4km away · Bank 137m away
Getting around
Expressway 1.3 km · Western Express HighwayPrimary road 9 m · Swami Vivekanand RoadRailway line 245 m · Western Railway Virar to BorivaliRailway station 266m away (Kandivali)2 bus stops within 500m
Water & environment
Water body 1.0 km
distances only — not a flood assessment04
Government Guidance Rate
Maharashtra registration departmentIn Maharashtra it’s called the ready reckoner rate.
No government guidance rate is shown for this project.
Mumbai's ready reckoner is addressed by city survey (CTS) number inside a named village, and this filing declares neither — its village field holds a ward or a taluka. Naming one of the zones around it would be a guess, and inside a single division the rates run three-fold.
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
MahaRERA · Approved building planBuilding Permit
Survey no. CTS NO 428-A 428-A/1 TO 20 428-B
The promised possession date (30 Jun 2025) 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
Municipal Corporation of Greater Mumbai
Municipal corporationHas approved 2,862 RERA projects — about 1 in 7 in Maharashtra, 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
- 2,166
- On record
- 34,498 flats · 0 plots
- Reach
- 9 districts
- Since
- 2017
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
MahaRERA · public recordNone on record with MahaRERA 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.
Court cases, as declared
Declared by the builder2 cases
| Number | Forum | Date | |
|---|---|---|---|
| 4710 | High Court of Judicature at Bombay | 2022 | |
| 1570 | Bombay City Civil Court at Dindoshi | 2020 |
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 MahaRERA, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km3,923 residential projects still under way within 25 km. Step out ring by ring:
Of the 2,152 projects the radar draws within 6 km — every kind, every stage — 745 are residential projects still under way. This list keeps only those, and looks further out.
50 projects within 1 km — showing the nearest 6.
MaladResidential / Group Housing
NEW KANDIVALI CHSL
KAMPA PROJECTS LLP
Aug 2024registered
Dec 2026target completion
Scale31 flatsAuthorityMahaRERA
MaladResidential / Group Housing
MEENA HOUSE
RAMESH R PAREKH HUF
Apr 2024registered
Mar 2027target completion
AuthorityMahaRERA
MaladOthers
Shelton Aspire
Shelton Infra Projects Private Limited
May 2025registered
Mar 2028target completion
Government Guidance Rate₹1,35,210/sq ydScale35 flatsAuthorityMahaRERA
PoisarResidential / Group Housing
MODERN ROOP-KAMAL CO-OPERATIVE HOUSING SOCIETY LTD
Konark Structural Engineers Private Limited
Oct 2025registered
Dec 2029target completion
Government Guidance Rate₹1,11,397/sq ydScale66 flatsAuthorityMahaRERA
KanheriResidential / Group Housing
DEVIKUNJ CO-OPERATIVE HOUSING SOCIETY LIMITED
YOGIRAJ BUILDERS AND DEVELOPERS
May 2025registered
Dec 2027target completion
Scale26 flatsAuthorityMahaRERA
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 MahaRERA, as the builder submitted it.
- 02Builder's track record
- MahaRERA: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location
- Address and pincode: the MahaRERA filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, 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.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- No government guidance rate could be matched to this project from Maharashtra's published schedules.
- 05Planning authority
- MahaRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- Court cases, as declared by the builder, in its MahaRERA filing.
- 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/fortune-heights-borivali-qnodmhsb.
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.