About VRR Fortuna
VRR Fortuna is a luxury apartment project by VRR Builders & Developers .This project is located approximately two kilometers from Wipro corporate office on Sarjapur Main Road. VRR Fortuna has 388 apartments with a combination of 2, 3 BHK units. The project design is by FHD Group (aka 'Fountain Head Design'), which is a mid-sized architecture firm with presence in Chennai, Bengaluru, Hyderabad and Bhuvaneshwar.
VRR Fortuna-Location Advantages
Sarjapur Main road in the South East part of Bangalore and is one of the developed IT hubs in the city. It is one of the most rapidly developing areas of Bangalore because of its proximity to areas like Electronic City, Whitefield, Silk Board, Outer Ring Road, Marathalli and Koramangala.
VRR Fortuna - Project Analysis
- Approvals status: BBMP approved
- Demand analysis: The demand for projects in Sarjapur Road is stable given the proximity to Marathahalli Sarjapur Outer Ring Road which has become a large commercial hub housing several MNCs, IT-ITEs firms and other office spaces. Sarjapur Road is also seeing new commercial developments which may trigger residential demand going forward.
- Amenities: The project is expected to have high-end lifestyle amenities like Steam, Gym, Indoor games, health club, etc.
- Best towers and best units: Although the project has sufficient setback from the main road, people looking for calmer surroundings can opt for non-road facing apartments.
- Public feedback about the project: The public opinion has been neutral or moderately positive.
- Special attractions of this project (USP): The builder is positioning the project as a premium lifestyle community with high quality amenities and facilities.
- Note on Unit Types: The details provided under ‘Unit Types’ is indicative or approximate. The unit areas range from 1300 sq ft to 1745 sq ft.
Payment Details of VRR Fortuna
- Payment schedule:
- Booking Amount: Rs.2 lakhs
- On Agreement: 20% less booking amount
- On commencement of foundation work: 5%
- On commencement of plinth work: 5%
- On Completion of Slab-1 to 5 work: 25% (5% at completion of each slab)
- On Completion of Slab-6 to 14 work: 27% (3% at completion of each slab)
- On completion of Slabs 15-18 work: 8% (2% at completion of each slab)
- Blocks work: 2%
- Plastering: 2%
- Painting: 2%
- Flooring: 2%
- Possession: 2%
- Additional Charges:
Floor Rise Charges: Rs.25 for each floor
Car Park: Rs.2,00000
Power Backup: Rs.50,000
Water, Sanitary and Electrical Works: Rs.150 per sq ft
Apart from the above additional charges towards registration, legal and other utilities may apply
Note: Note: The project has approximately 130 units per acre, which indicates high density of units and very less space inside the project