Frequently Asked Questions
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Fortune Atlantis Phase-Ii (A)
Bagli, Bhopal, Madhyapradesh
FORTUNE BUILDERS
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FORTUNE ATLANTIS PHASE-II (A) is a promising residential project located in the serene Village BAGLI, Bhopal. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families seeking a peaceful yet connected lifestyle. The project features a variety of residential plots, catering to diverse needs and preferences.
The project is strategically located, providing easy access to essential amenities such as schools, hospitals, and shopping centers, ensuring that residents enjoy convenience and comfort. The surrounding area is characterized by lush greenery and calm environments, making it perfect for those looking to escape the hustle and bustle of city life.
FORTUNE ATLANTIS PHASE-II (A) is not just about location; it also emphasizes quality living with well-planned infrastructure. The project is designed to promote a sustainable lifestyle, with features that include energy-efficient systems and provisions for water conservation.
Investing in FORTUNE ATLANTIS PHASE-II (A) not only secures a home in a beautiful setting but also promises a future of growth and appreciation in property value. This project is a testament to the commitment of Fortune Builders towards creating exceptional living spaces that meet the needs of modern families.
What is FORTUNE ATLANTIS PHASE-II (A)?
FORTUNE ATLANTIS PHASE-II (A) is a residential project located in Village BAGLI, Bhopal, offering a variety of residential plots designed for modern living.
What amenities are available in the project?
The project provides easy access to schools, hospitals, and shopping centers, ensuring convenience for residents.
Where is the project located?
The project is located in Village BAGLI, Bhopal, Madhya Pradesh.
What are the nearby facilities?
Nearby facilities include schools, hospitals, and shopping centers.
Is this a good investment opportunity?
Yes, investing in FORTUNE ATLANTIS PHASE-II (A) secures a home in a growing area with potential for appreciation in property value.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2023
- Project Span:
- No of Towers:
- Total No of Units: 9+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Fortune Atlantis Phase-Ii (A)
- Address: Bhopal, Village Bagli, Madhya Pradesh, Mp
- Sector: Others
- Locality: Bagli
- City: Bhopal, Madhyapradesh
- Builder: FORTUNE BUILDERS
RERA Authority
RERA Registration Number
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Project
Neighborhood
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FORTUNE BUILDERS
- No of Complaints: Not Available
- States (Active in): Madhya Pradesh
Introduction
When considering a new home or investment property, prospective buyers must perform thorough research on potential builders. In this blog post, we will analyze Fortune Builders, a company based in Madhya Pradesh, focusing on their track record in legal disputes, to provide insights for potential buyers.
Overview of Fortune Builders
Fortune Builders has received a limited number of complaints, totaling only 2. Remarkably, the company has a perfect record in legal proceedings, having won all of the cases filed against them, with no losses recorded. This reflects a strong performance in defending their positions in legal matters related to their projects.
Legal Case Analysis
Cases Lost
While reviews of Fortune Builders show they have not lost any legal cases, they have faced 2 complaints with mixed outcomes. Here’s a brief summary of the complaints against them:
- First Case:
- Appellant Claim: The applicant sought compensation for violations of the Real Estate (Regulation and Development) Act, 2016.
- Respondent Claim: Fortune Builders contended that they completed the work according to regulations and had received a certificate from the competent authority.
- Final Verdict: The case was dismissed, cancelling the refund with interest.
- Second Case:
- Appellant Claim: The applicant reported structural defects in his flat, including leakages, seepage, and cracks, and alleged unauthorized construction in a park.
- Respondent Claim: Fortune Builders argued that the project was finished before the RERA Act was implemented, claiming they were not subject to its regulations and that the applicant lacked evidence for his claims.
- Final Verdict: The Authority rejected the application, finding no proof of structural defects and ruling that the shed was not obstructing the park view.
Patterns in Cases
Analyzing these cases, we can observe a few patterns:
- Regulatory and Structural Claims: Both cases involved claims related to regulatory compliance and structural issues, a common area of contention in real estate projects.
- Misalignment with RERA: In at least one case, the builder leveraged the … Read more
