30 m awayApartment
ALORA
THE FORTUNE FIVE · Belagavi
Jul 2024started
Jun 2029target completion
Declared cost₹105.55 CrScale56 flatsAuthorityRERA Karnataka
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Detailed ReportFORTUNE TOWER
01
Complete project overview
RERA Karnataka · Registration filing- Units
- 74 units
- Unit mix
- 6 × Commercial shop · 5 × Commercial shop · 3 × commercial shop · 3 × Commercial shop · 3 × Commercial Shop · 2 × Commercial shop · 1 × Commercial shop · 1 × Commercial shop
- Towers
- 1
- Floors
- 7
- Land area
- 4,906 sq m
- Built-up area
- 22,323 sq m
- FAR sanctioned
- 3.23
- Covered area
- 2,695 sq m
- Open area
- 2,211 sq m
- Land parcels
- 6 survey nos
Timeline
Project startedJul 2020
RERA registeredMar 2022
Proposed completionMar 2027
TodaySep 2026
Construction progressFrom the builder's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.
70% overall, as filed
Internal infra0%
External infra0%
Amenities61%
Sub-structure80%
Finishing86%
Super-structure92%
Common areas92%
Find your flat
Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.
UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
RETAIL 1Ground FloorCOMMERCIAL292.51—64.43
RETAIL 2Ground FloorCOMMERCIAL240.94—52.26
RETAIL 3Ground FloorCOMMERCIAL165.99—35.65
RETAIL 4Ground FloorCOMMERCIAL165.99—35.65
RETAIL 5Ground FloorCOMMERCIAL244.21—52.74
RETAIL 6Ground FloorCOMMERCIAL244.19—52.29
RETAIL 7Ground FloorCOMMERCIAL582.20—125.36
RETAIL 8Ground FloorCOMMERCIAL382.38—82.09
RETAIL 11st FloorCOMMERCIAL292.44—64.43
RETAIL 21st FloorCOMMERCIAL290.94—52.29
RETAIL 31st FloorCOMMERCIAL165.99—35.65
RETAIL 41st FloorCOMMERCIAL165.99—35.65
RETAIL 51st FloorCOMMERCIAL244.21—52.74
RETAIL 61st FloorCOMMERCIAL244.194.3553.21
RETAIL 71st FloorCOMMERCIAL642.9913.32140.38
RETAIL 81st FloorCOMMERCIAL382.381384.82
RETAIL 12nd FloorCOMMERCIAL292.443.2964.62
RETAIL 22nd FloorCOMMERCIAL240.944.6353.27
RETAIL 32nd FloorCOMMERCIAL2359.3652.97
RETAIL 42nd FloorCOMMERCIAL165.99—35.65
RETAIL 52nd FloorCOMMERCIAL244.214.7453.73
RETAIL 62nd FloorCOMMERCIAL244.194.8753.32
RETAIL 72nd FloorCOMMERCIAL642.9914.53140.64
RETAIL 82nd FloorCOMMERCIAL382.3829.0788.20
3A3rd Floor3 BHK125.1421.8133.79
3B3rd Floor3 BHK128.2425.0634.89
3C3rd Floor2 BHK86.918.2722
3D3rd Floor3 BHK130.2433.4636.77
3E3rd Floor3 BHK130.2433.2836.57
3F3rd Floor3 BHK130.2433.4436.76
3G3rd Floor3 BHK118.2424.2432.52
3H3rd Floor3 BHK119.5622.2532.34
3I3rd Floor3 BHK123.2821.8133.09
RECREATION CENTRE (RETAIL)3rd FloorCOMMERCIAL427.2224.3396.76
4A4th Floor3 BHK125.1421.8133.79
4B4th Floor3 BHK128.2425.0634.89
4C4th Floor2 BHK86.918.2722
4D4th Floor3 BHK130.2418.2133.56
4E4th Floor3 BHK130.2418.2133.40
4F4th Floor3 BHK130.2418.2133.56
4G4th Floor3 BHK118.2424.2432.52
4H4th Floor3 BHK119.5622.2532.34
4I4th Floor3 BHK123.2821.8133.09
HEALTH AND WELLNESS CENTRE (RETAIL)4th FloorCOMMERCIAL421.3824.3395.06
5A5th Floor3 BHK125.1421.8133.79
5B5th Floor3 BHK128.2425.0634.89
5C5th Floor2 BHK86.918.2722
5D5th Floor3 BHK130.2418.2133.56
5E5th Floor3 BHK130.2418.2133.40
5F5th Floor3 BHK130.2418.2133.56
5G5th Floor3 BHK118.2424.2432.52
5H5th Floor3 BHK119.5622.6232.34
5I5th Floor3 BHK123.2821.8133.09
HEALTH AND RECREATION CENTRE (RETAIL)5th FloorCOMMERCIAL449.8024.33101.03
6A6th Floor3 BHK123.2821.8133.09
6B6th Floor3 BHK128.2425.0634.89
6C6th Floor2 BHK86.918.2722
6D6th Floor3 BHK130.2418.2133.56
6E6th Floor3 BHK130.2418.2133.40
6F6th Floor3 BHK130.2418.2133.56
6G6th Floor3 BHK118.2424.2432.52
6H6th Floor3 BHK119.5622.2532.34
6I6th Floor3 BHK123.2821.8133.09
HEALTH AND WELLNESS CENTRE (RETAIL)6th FloorCOMMERCIAL449.8043.24105
7A7th Floor2 BHK166.3794.5942.41
7B7th Floor2 BHK169.4797.8443.50
7C7th Floor2 BHK86.918.2722
7D7th Floor2 BHK171.1692.7642.18
7E7th Floor2 BHK171.1692.7642.01
7F7th Floor2 BHK171.1692.7642.17
7G7th Floor2 BHK156.1793.9140.24
7H7th Floor3 BHK156.9995.2540.84
7I7th Floor3 BHK164.5393.3141.65
HEALTH AND WELLNESS CENTRE (RETAIL)7th FloorCOMMERCIAL269.92—58.11
Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.
| Unit | Type | Carpet | Exclusive area | Undivided share | Unit | Type | Carpet | Exclusive area | Undivided share |
|---|---|---|---|---|---|---|---|---|---|
| RETAIL 1Ground Floor | COMMERCIAL | 292.51 | — | 64.43 | RETAIL 2Ground Floor | COMMERCIAL | 240.94 | — | 52.26 |
| RETAIL 3Ground Floor | COMMERCIAL | 165.99 | — | 35.65 | RETAIL 4Ground Floor | COMMERCIAL | 165.99 | — | 35.65 |
| RETAIL 5Ground Floor | COMMERCIAL | 244.21 | — | 52.74 | RETAIL 6Ground Floor | COMMERCIAL | 244.19 | — | 52.29 |
| RETAIL 7Ground Floor | COMMERCIAL | 582.20 | — | 125.36 | RETAIL 8Ground Floor | COMMERCIAL | 382.38 | — | 82.09 |
| RETAIL 11st Floor | COMMERCIAL | 292.44 | — | 64.43 | RETAIL 21st Floor | COMMERCIAL | 290.94 | — | 52.29 |
| RETAIL 31st Floor | COMMERCIAL | 165.99 | — | 35.65 | RETAIL 41st Floor | COMMERCIAL | 165.99 | — | 35.65 |
| RETAIL 51st Floor | COMMERCIAL | 244.21 | — | 52.74 | RETAIL 61st Floor | COMMERCIAL | 244.19 | 4.35 | 53.21 |
| RETAIL 71st Floor | COMMERCIAL | 642.99 | 13.32 | 140.38 | RETAIL 81st Floor | COMMERCIAL | 382.38 | 13 | 84.82 |
| RETAIL 12nd Floor | COMMERCIAL | 292.44 | 3.29 | 64.62 | RETAIL 22nd Floor | COMMERCIAL | 240.94 | 4.63 | 53.27 |
| RETAIL 32nd Floor | COMMERCIAL | 235 | 9.36 | 52.97 | RETAIL 42nd Floor | COMMERCIAL | 165.99 | — | 35.65 |
| RETAIL 52nd Floor | COMMERCIAL | 244.21 | 4.74 | 53.73 | RETAIL 62nd Floor | COMMERCIAL | 244.19 | 4.87 | 53.32 |
| RETAIL 72nd Floor | COMMERCIAL | 642.99 | 14.53 | 140.64 | RETAIL 82nd Floor | COMMERCIAL | 382.38 | 29.07 | 88.20 |
| 3A3rd Floor | 3 BHK | 125.14 | 21.81 | 33.79 | 3B3rd Floor | 3 BHK | 128.24 | 25.06 | 34.89 |
| 3C3rd Floor | 2 BHK | 86.91 | 8.27 | 22 | 3D3rd Floor | 3 BHK | 130.24 | 33.46 | 36.77 |
| 3E3rd Floor | 3 BHK | 130.24 | 33.28 | 36.57 | 3F3rd Floor | 3 BHK | 130.24 | 33.44 | 36.76 |
| 3G3rd Floor | 3 BHK | 118.24 | 24.24 | 32.52 | 3H3rd Floor | 3 BHK | 119.56 | 22.25 | 32.34 |
| 3I3rd Floor | 3 BHK | 123.28 | 21.81 | 33.09 | RECREATION CENTRE (RETAIL)3rd Floor | COMMERCIAL | 427.22 | 24.33 | 96.76 |
| 4A4th Floor | 3 BHK | 125.14 | 21.81 | 33.79 | 4B4th Floor | 3 BHK | 128.24 | 25.06 | 34.89 |
| 4C4th Floor | 2 BHK | 86.91 | 8.27 | 22 | 4D4th Floor | 3 BHK | 130.24 | 18.21 | 33.56 |
| 4E4th Floor | 3 BHK | 130.24 | 18.21 | 33.40 | 4F4th Floor | 3 BHK | 130.24 | 18.21 | 33.56 |
| 4G4th Floor | 3 BHK | 118.24 | 24.24 | 32.52 | 4H4th Floor | 3 BHK | 119.56 | 22.25 | 32.34 |
| 4I4th Floor | 3 BHK | 123.28 | 21.81 | 33.09 | HEALTH AND WELLNESS CENTRE (RETAIL)4th Floor | COMMERCIAL | 421.38 | 24.33 | 95.06 |
| 5A5th Floor | 3 BHK | 125.14 | 21.81 | 33.79 | 5B5th Floor | 3 BHK | 128.24 | 25.06 | 34.89 |
| 5C5th Floor | 2 BHK | 86.91 | 8.27 | 22 | 5D5th Floor | 3 BHK | 130.24 | 18.21 | 33.56 |
| 5E5th Floor | 3 BHK | 130.24 | 18.21 | 33.40 | 5F5th Floor | 3 BHK | 130.24 | 18.21 | 33.56 |
| 5G5th Floor | 3 BHK | 118.24 | 24.24 | 32.52 | 5H5th Floor | 3 BHK | 119.56 | 22.62 | 32.34 |
| 5I5th Floor | 3 BHK | 123.28 | 21.81 | 33.09 | HEALTH AND RECREATION CENTRE (RETAIL)5th Floor | COMMERCIAL | 449.80 | 24.33 | 101.03 |
| 6A6th Floor | 3 BHK | 123.28 | 21.81 | 33.09 | 6B6th Floor | 3 BHK | 128.24 | 25.06 | 34.89 |
| 6C6th Floor | 2 BHK | 86.91 | 8.27 | 22 | 6D6th Floor | 3 BHK | 130.24 | 18.21 | 33.56 |
| 6E6th Floor | 3 BHK | 130.24 | 18.21 | 33.40 | 6F6th Floor | 3 BHK | 130.24 | 18.21 | 33.56 |
| 6G6th Floor | 3 BHK | 118.24 | 24.24 | 32.52 | 6H6th Floor | 3 BHK | 119.56 | 22.25 | 32.34 |
| 6I6th Floor | 3 BHK | 123.28 | 21.81 | 33.09 | HEALTH AND WELLNESS CENTRE (RETAIL)6th Floor | COMMERCIAL | 449.80 | 43.24 | 105 |
| 7A7th Floor | 2 BHK | 166.37 | 94.59 | 42.41 | 7B7th Floor | 2 BHK | 169.47 | 97.84 | 43.50 |
| 7C7th Floor | 2 BHK | 86.91 | 8.27 | 22 | 7D7th Floor | 2 BHK | 171.16 | 92.76 | 42.18 |
| 7E7th Floor | 2 BHK | 171.16 | 92.76 | 42.01 | 7F7th Floor | 2 BHK | 171.16 | 92.76 | 42.17 |
| 7G7th Floor | 2 BHK | 156.17 | 93.91 | 40.24 | 7H7th Floor | 3 BHK | 156.99 | 95.25 | 40.84 |
| 7I7th Floor | 3 BHK | 164.53 | 93.31 | 41.65 | HEALTH AND WELLNESS CENTRE (RETAIL)7th Floor | COMMERCIAL | 269.92 | — | 58.11 |
02
Builder’s track record
RERA Karnataka · Builder registrationThe Fortune Five
Partnership FirmPromoter type
BelagaviBased in
2Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
130 homeson the public record across 2 projects
37,898 sq mbuilt-up filed
9,999 sq mland declared
₹189.01 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.
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.
03
Location & price analysis
RERA Karnataka · Registration filing- This project
- 27 new projects last year
- 230 nearby projects
- Taluk
- Belagavi
- District
- Belagavi
- Pincode
- 590006
- Address
- CTS No. 6160/3, 6160/4,6160/5, 6161/6,6161/8,6160/9 , Khanapur Road , Belagavi , Belagavi, Karnataka - 590006
- North boundary
- portion of land in sy no. 673/p2
- East boundary
- belgaum-khanapur road
- South boundary
- 9 meter Road
- West boundary
- remaining portion in sy. no. 673/p2
What’s nearby
SchoolsNearest school 1.2km away · College or university 555m away
HealthcareHospital 104m away · 4 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · 4 restaurants and cafes within 1km
ShoppingSupermarket 948m away · Bank 566m away
Getting around
Expressway 85 m · Congress RoadPrimary road 151 mRailway line 548 mRailway station 3.0km away (Belagavi)Bus stop within 500m
Water & environment
Water body 790 m
distances only — not a flood assessmentLand, title & encumbranceAs 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.
LandOwned by the promoter
ConversionOne or more surveys not converted to non-agricultural
MortgageNone declared on the project / land
Price analysisdeclared build cost — not a sale price
₹83.46 Cr declared to build 74 flats. What that works out to:
₹1.13 Crdeclared cost per flatall-in — land + construction
₹3,474/sq ftof built-up area₹37,389/sq m
16%of the cost is land₹2,549/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 imageryA building already stood within ~40 m of the recorded location in 2016 (about 10 m), 28 m in 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 ~40 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 2016.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- Site is a ~40 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
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.
06
Planning authority
RERA Karnataka · Approved building planapproved 26 Jul 2021 · 5 yrs ago
Building Permit no. BGM-LBPAS-16372/21-22/BPSurvey no. 6160/3
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.
Verify it yourself — look up plan BGM-LBPAS-16372/21-22/BP on the approving authority’s portal to confirm the approval.
The approving body, at scale
Commissioner, City Corporation, Belagavi
Municipal CorporationHas approved 206 RERA projects — 2.4% of Karnataka.
an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 189
- On record
- 2,495 flats · 0 plots
- Reach
- 2 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.
07
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka 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 RERA Karnataka- Litigation
- Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
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.
08
Other projects nearby
The register · within 25 km106 residential projects still under way within 25 km. Step out ring by ring:
Of the 230 projects the radar draws within 6 km — every kind, every stage — 74 are residential projects still under way. This list keeps only those, and looks further out.
24 projects within 1 km — showing the nearest 6.
170 m awayApartment
THE OLIVE PEARL
MANGALMURTI HOMES · Belagavi
Oct 2025started
Dec 2029target completion
Declared cost₹5.33 CrScale12 flatsAuthorityRERA Karnataka
230 m awayMixed Development
RUBY PRIDE
VEETRAG VENTURES · Belagavi
Apr 2023started
Dec 2027target completion
Declared cost₹5.80 CrScale17 flatsAuthorityRERA Karnataka
240 m awayMixed Development
DE-PRUDENT
MANJUNATH B GARAG INFRACON PRIVATE LIMITED · Belagavi
Jan 2025started
Dec 2028target completion
Declared cost₹5.39 CrScale10 flatsAuthorityRERA Karnataka
320 m awayMixed Development
SHREE SWAMI KRUPA
PANARE BUILDERS & DEVELOEPRS · Belagavi
Apr 2023started
Apr 2028target completion
Declared cost₹8.86 CrScale15 flatsAuthorityRERA Karnataka
600 m awayApartment
MORYA TRANQUIL
PARTH BUILDERS AND DEVELOPERS · Belagavi
Sep 2025started
Dec 2029target completion
Declared cost₹11.00 CrScale29 flatsAuthorityRERA Karnataka
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 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: as filed with RERA Karnataka.
- 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 Karnataka's published schedules.
- 06Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- RERA Karnataka'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-tower-belagavi-3lsbc9v0.
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.