Lower Parel · Mumbai
Fortuna Blue
Sitaram Jadhav Marg, Lower Parel · by Nandivardhan Group (Alliance Infracorp Developers)
Updated Oct 2026
Lower ParelPhotos from the project record · tap to enlarge
At a glance
swipe →A first look at Fortuna Blue
Fortuna Blue is a residential project by Nandivardhan Group on Sitaram Jadhav Marg, Lower Parel, Mumbai 400013. It is registered with MahaRERA under P51900018299 (registered 2022-05-25). Fortuna Blue is sold out by the developer — resale flats here are listed from ₹2.45 Cr and rentals from ₹88,000 a month. The project has 101 units across 2 buildings of up to 26 floors. It offers 1 & 2 BHK homes with carpet areas of 457–749 sq ft. MahaRERA proposed possession: Dec 2025.
2 for sale · 6 for rent in this building right now, listed below.
Unit configurations filed with MahaRERA (3)
Property listings in Fortuna Blue
Fortuna Blue floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Fortuna Blue
Location
Fortuna Blue is located on Sitaram Jadhav Marg, Lower Parel (Mumbai 400013), in the Mumbai City district. Across 401 recent resale listings on MPE, homes in Lower Parel have a median asking rate of ₹64,300 per sq ft, and a 2 BHK typically rents for about ₹1.22 Lac a month.
MahaRERA record
Fortuna Blue is registered with MahaRERA under P51900018299, dated 25 May 2022. The registered promoter is Alliance Infracorp Developers. The filing lists 2 wings: Wing -A with 9 units over 26 floors; Wing-B with 92 units over 26 floors. According to MahaRERA, the architect on record is Sharaddha Salvi and the project escrow account is with Kotak Mahindra Bank Ltd.
Homes and prices
Configurations recorded are 1 BHK of 457–536 sq ft at ₹2.03 Cr–₹2.36 Cr; 2 BHK of 749 sq ft at ₹3.09 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹41,300–₹44,400 per sq ft of carpet, 31% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2025.
Developer track record
Nandivardhan Group has 11 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out). Other projects by the same developer include Abhimanyu, Eleganzia Royale.
Buyer demand in Lower Parel
In the last 90 days, buyers and tenants registered 31 requirements for Lower Parel with Mumbai Property Exchange, 12 of them to buy and 7 specifically for 1 & 2 BHK homes.
Developer's description ▾
Lower Parel market
prices, rents & ratesPrice vs locality
Lower Parel — resale, rent & yield
This project is quoted around ₹43,526/sqft — 32% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Lower Parel
Upcoming projects & infrastructure in Lower Parel
take an informed decision6 MahaRERA projects are due to hand over in Lower Parel between 2027 and 2031.
Supply is not evenly spread — one year carries almost half of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Lower Parel, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 2 wings
101 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 1 BHK · 536 sq ft at ₹2.36 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ✓ Walls, plaster & flooring75% paid by then
- ✓ Sanitary fittings80% paid by then
- ✓ Staircases, lift wells & lobbies85% paid by then
- ✓ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.77 Cr here), released stage by stage, so your own money is about ₹59.0 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.54 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
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Connectivity
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💬 Ask about resale or rental optionsResale Flats for Sale in Lower Parel
4
Flats for Rent in Lower Parel
4
Commercial for Sale in Lower Parel
1
Commercial for Lease in Lower Parel
2
Commercial Projects in Lower Parel
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Frequently Asked Questions
Where is Fortuna Blue located?
Fortuna Blue is on Sitaram Jadhav Marg, Lower Parel, Mumbai 400013.
What is the price of Fortuna Blue?
Fortuna Blue is sold out by the developer — resale flats here are listed from ₹2.45 Cr and rentals from ₹88,000 a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Fortuna Blue offer?
1 BHK – 457 sq ft carpet; 1 BHK – 500 sq ft carpet; 1 BHK – 536 sq ft carpet; 2 BHK – 749 sq ft carpet.
When is possession of Fortuna Blue?
As per MahaRERA, proposed possession is Dec 2025.
Is Fortuna Blue RERA-registered?
Yes — MahaRERA registration P51900018299, registered 2022-05-25.
How many units does Fortuna Blue have?
MahaRERA records 101 units across 7 buildings, up to 26 floors.
Who is the developer of Fortuna Blue?
Nandivardhan Group (Alliance Infracorp Developers) — 11 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Lower Parel?
6 MahaRERA-registered projects in Lower Parel are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.
