380 m awayMixed Development
Swastik Residency
BALAJI DEVELOPERS · Umargam
Mar 2024registered
Dec 2027target completion
Price band₹2.00 Lakh–₹10.00 LakhScale27 flatsAuthorityGujRERA
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Detailed ReportFORTUNE LAKE HOMES
01
Complete project overview
GujRERA · Registration filing- Units
- 110 units
- Mix
- 39 × Flats · 32 × Row House G + ff · 26 × Shops · 13 × Row House G + ff +SF
- Carpet area
- 15–159 sq mper-unit range, as filed
- Blocks
- 3
- Parking
- 120 spaces
- Land area
- 8,599 sq m
Timeline
Project startedSep 2021
RERA registeredNov 2021
Proposed completionDec 2026
TodaySep 2026
Construction progress
73% 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.
TypeArea sq mCount
Shops2426
Flats4139
Row House G + ff8632
Row House G + ff +SF12413
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 registrationFORTUNE DREAM-CON PRIVATE LIMITED
COMPANYPromoter type
Valsad, GujaratBased in
3Projects
2Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
237 homeson the public record across 3 projects
17,306 sq mbuilt-up filed
29,253 sq mland declared
₹48.65 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 project1 of 3 projects
Tighara Gram Panchayat1 of 3 projects
Vapi MunicipalityMunicipal / Corporation1 of 3 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 FORTUNE DREAM-CON PRIVATE LIMITED— the full portfolio →
03
Location & price analysis
GujRERA · Registration filing- This project
- 1 new projects last year
- 35 nearby projects
- Taluka
- Umbergaon
- District
- Valsad
- Address
- Survey No.1603
What’s nearby
Schools1 school within 1km
HealthcareHospital 118m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 182 mRailway line 4.8 km · Western Dedicated Freight CorridorRailway station 4.8km away (Umbergaon Road)Limited bus connectivity nearby
Water & environment
Water body 153 m · Akramaruti LakeRiver 2.4 km
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹19.72 Cr declared to build 110 flats. What that works out to:
₹6.18 Lakh – ₹46.00 Lakhdeclared unit pricerange on the filing — not a live asking price
₹17.93 Lakhdeclared cost per flatall-in — land + construction
₹2,789/sq ftof carpet area₹30,016/sq m
4%of the cost is land₹92/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
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imageryOpen ground within ~52 m of the recorded location until 2022; a building is first visible in 2023 and is about 6 m tall by 2023.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~52 m of the filed location.
Satellite photographs of the same ground
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
- A building is first visible in 2023.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
- Site is a ~52 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
- Coordinate checked only against its district, not its pincode.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Gujarat registration departmentIn Gujarat it’s called the jantri rate — the 2011 book, which is the one in Horizon's record.
No government guidance rate is shown for this project.
Gujarat's jantri is in Horizon's record, but this filing names no place the book prints — or names two — and a survey number repeats in every village of a district, so nothing can be tied to this project without guessing.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
06
Planning authority
GujRERA · Approved building planBuilding Permitapproved 20 Nov 2021 · 4 yrs ago
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
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
Complaints & litigation
GujRERA · public recordNone on record with GujRERA 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 GujRERA- Litigation
- None declared in this filing
Only what the builder declared, or what GujRERA 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 GujRERA, or that this register doesn’t publish it — never that nothing happened.
08
Other projects nearby
The register · within 25 km9 residential projects still under way within 25 km. Step out ring by ring:
Of the 35 projects the radar draws within 6 km — every kind, every stage — 9 are residential projects still under way. This list keeps only those, and looks further out.
7 projects within 1 km — showing the nearest 6.
420 m awayResidential/Group Housing
Panchvati Residency
SIDDHESHWAR DEVELOPERS · Umargam
Feb 2025registered
Dec 2028target completion
Price band₹8.51 Lakh–₹13.61 LakhScale65 flatsAuthorityGujRERA
420 m awayResidential/Group Housing
Silver Nest
SILVER INFRA · Umargam
Sep 2024registered
Dec 2026target completion
Price band₹16.00 Lakh–₹25.00 LakhScale22 flatsAuthorityGujRERA
440 m awayResidential/Group Housing
Sun City
ODHAV ENTERPRISE · Umbergaon
Mar 2023registered
Dec 2026target completion
Declared cost₹13.17 CrScale50 flatsAuthorityGujRERA
660 m awayMixed Development
Mani Villa
NIKHIL · Umbergaon
Jun 2022registered
Jul 2026target completion
Declared cost₹4.08 CrScale30 flatsAuthorityGujRERA
710 m awayResidential/Group Housing
Om Residency
KRISHAN HIRABHAI BHANUSHALI · Umargam
May 2024registered
Dec 2026target completion
Price band₹20.00 Lakh–₹20.00 LakhScale10 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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with GujRERA, as the builder submitted it.
- 02Builder's track record
- GujRERA: 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 GujRERA filing.
- Coordinates: as filed with GujRERA.
- 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).
- 04Satellite view of the site
- Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
- Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
- 05Government Guidance Rate
- No government guidance rate could be matched to this project from Gujarat's published schedules.
- 06Planning authority
- GujRERA: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- GujRERA's public record lists no complaints or litigation for this project.
- 08Other 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-lake-homes-umbergaon-qyf9214k.
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.