HORIZON
Share

Fortune The Shopping Island

PR/GJ/SURAT/SURAT CITY/SUDA/CAA02045/170318 · GujRERA · https://gethorizon.in/projects/fortune-the-shopping-island-surat-city-mykizsfa

01

Complete project overview

GujRERA · Registration filing
Project name
Fortune The Shopping Island
Units
349 units
Mix
340 × Commercial
Carpet area
5–820 sq mper-unit range, as filed
Parking
740 spaces
Land area
5,233 sq m

Timeline

Project startedMay 2013
RERA registeredMar 2018
Proposed completionSep 2018
TodaySep 2026
Construction progress

100% 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 unit

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

340 units across 1 batch
TypeArea sq mCount
Commercial26340

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

SOKU DEVELOPERS PRIVATE LIMITED

COMPANYPromoter type
Surat, GujaratBased in
1Projects
1City
2018–presentActive
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

GujRERA · Registration filing
Taluka
Surat City
District
Surat
Pincode
395009
Address
TP 14 FP 48-49,B/S Galaxy Circle, Fortune Road, Pal
What’s nearby
SchoolsNo schools within 2km · Library 1.6km away
HealthcareHospital 147m away · Clinic within 2km
LifestylePark 1.8km away · Gym or sports centre 1.6km away · 4 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Mall 1.5km away
Getting around
Expressway 1.0 kmPrimary road 2.4 kmRailway line 4.2 kmMetro station 831m away (Performing Art Centre)Limited bus connectivity nearby
Water & environment
Water body 527 m · Pal Talav
distances only — not a flood assessment
Land, title & encumbrance
Mortgage349 unit(s) mortgaged to STATE BANK OF INDIA · ₹4.14 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

₹36.50 Cr declared to build 349 flats. What that works out to:

₹2.78 Lakh – ₹4.41 Crdeclared unit pricerange on the filing — not a live asking price
₹10.46 Lakhdeclared cost per flatall-in — land + construction
22%of the cost is land₹1,420/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 registration department

In 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.

05

Planning authority

GujRERA · Approved building plan

Surat Municipal Corporation

Municipal / Corporation
Building Permitapproved 17 Mar 2018 · 8 yrs ago

The promised possession date (30 Sep 2018) 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

Surat Municipal Corporation

Municipal Corporation

Has approved 1,566 RERA projectsabout 1 in 11 in Gujarat.

an apartments market85% apartments · 15% plotted layouts. Apartments like yours are this body's core business.

Builders
1,275
On record
2,64,009 flats · 16,727 plots
Reach
8 talukas
Since
2005

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.

See every project approved by GujRERA

07

Other projects nearby

The register · within 25 km

180 commercial projects still under way within 25 km. Step out ring by ring:

Of the 759 projects the radar draws within 6 km — every kind, every stage — 66 are commercial projects still under way. This list keeps only those, and looks further out.

6 projects within 1 km — showing the nearest 6.

610 m awayCommercial

ELINOR

SATVA KARMADEVELOPERS · Surat City

Feb 2026registered
May 2029target completion
Price band₹17.42 Lakh–₹2.36 CrScale162 flatsAuthorityGujRERA
800 m awayCommercial

THE VIONA

SATVAT ENTERPRISE · Surat City

Nov 2023registered
Dec 2029target completion
Declared cost₹31.66 CrScale135 flatsAuthorityGujRERA
810 m awayCommercial

THE PINNACLE

SATYA BROTHERS · Choryasi

May 2026registered
Dec 2030target completion
Price band₹22.30 Lakh–₹2.08 CrScale56 flatsAuthorityGujRERA
880 m awayCommercial

VASUPUJYA EMPIRE 11

VASUPUJYA REALTY · Surat City

Jun 2023registered
Dec 2028target completion
Declared cost₹42.72 CrScale25 flatsAuthorityGujRERA
900 m awayCommercial

WORLDMARK

SUMMIT VENTURES · Surat City

Mar 2026registered
Dec 2030target completion
Price band₹18.00 Lakh–₹5.83 CrScale170 flatsAuthorityGujRERA
960 m awayCommercial

VASUPUJYA RIO EMPIRE

VASUPUJYA INFRASTRUCTURES LLP · Surat City

Aug 2019registered
Jun 2026target completion
Declared cost₹116.38 CrScale260 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.