Ramky Fortuna, KR Puram: Buyer's Guide for October 2026
Ramky Estates is completing Ramky Fortuna, a large apartment project under construction in the Kurudusonnenahalli part of KR Puram, East Bangalore. Revived after years of slow work, it holds 1,739 homes, and prices for its 1 to 3 BHK units begin at Rs. 80 Lakhs. Here are the history, key facts, location, homes and prices, RERA progress, the buyer it suits, amenities, the developer and booking checks.
How the Project Was Revived
Skylark Ithaca, as it was first called, broke ground in August 2014 under a different developer. Progress dragged over the following years, leaving many buyers waiting, until Ramky Estates took charge in March 2026 and renamed it.
The SWAMIH Fund, set up with Government of India backing to finish stalled housing and run by SBICAP Ventures, supports the revival. The May 2026 announcement set aside about Rs. 600 Crore for Ramky Fortuna and Ramky Lumina, two projects acquired from one group. Such funds pay out as construction milestones are met, which keeps spending linked to site work.
Two things follow for buyers. Much of the structure already exists, and the documents carry two company names.
Key Facts
The land measures 79,621 sq m, about 19.67 acres, and roughly 85% of it is open. Its 1,739 apartments are spread over 19 towers in two phases:
- Phase one: 11 towers, each with 19 floors above two basements
- Phase two: eight towers, each rising 13 or 14 floors
The RERA number is TOR/PRM/KA/RERA/1251/446/PR/250915/000308, with completion registered for 31 December 2030. Both details appear in the project's Karnataka RERA entry.
Location
The site covers parts of Kodigehalli and Kurudusonnenahalli in Bengaluru East Taluk's KR Puram, pincode 560049, in the stretch from Old Madras Road up to Whitefield's northern fringe. Our KR Puram page covers the wider area.
Old Madras Road carries traffic to the city centre, the Outer Ring Road and KR Puram. The metro's Purple Line serves KR Puram and Whitefield, while the airport line starting at KR Puram is still being built. Driving to the office at peak time is the best test of the commute.
Homes, Sizes and Prices
Five layouts are offered, the smallest a compact one-bedroom and the largest a three-bathroom 3 BHK. Starting prices with built-up and carpet sizes:
| Starting price | Built-up (sq ft, approx.) | Home | Carpet (sq ft, approx.) |
|---|---|---|---|
| Rs. 80 Lakhs | 624 | 1 BHK | 367-390 |
| Rs. 1.27 Crore | 1,059 | 2 BHK | 688-723 |
| Rs. 1.55 Crore | 1,268 | 2.5 BHK, two bathrooms | 814 |
| Rs. 1.86 Crore | 1,484 | 3 BHK | 1,003-1,071 (most) |
| Rs. 2.04 Crore | 1,610 | 3 BHK | 1,003-1,071 (most) |
That puts the built-up rate between Rs. 12,000 and Rs. 12,800 per sq ft. Carpet areas are smaller because they leave out walls, balconies and common space.
Homes above Rs. 45 Lakhs attract 2% registration and roughly 5.6% stamp duty including cess and surcharge. Car parking, GST, floor rise and the maintenance deposit shape the final bill. The EMI calculator gives the monthly payment and upfront cash for each price, and a bank's loan sanction before booking fixes the budget.
RERA Registration and Progress
Registration TOR/PRM/KA/RERA/1251/446/PR/250915/000308 was granted in September 2025 for 1,739 apartments, naming the original company, Ithaca Estates Private Limited, as promoter. It records a start on 25 August 2014 and completion by 31 December 2030.
Reported progress by quarter:
- October-December 2025: 32%
- January-March 2026: 34%
- April-June 2026: 36%
The eight phase-two towers, each at 2%, pull the total down, while the 11 phase-one towers range between 42% and 74%. Every quarterly update breaks progress down by tower. In earlier years, over 140 complaints were lodged against the promoter company, mostly over delays and refunds.
Who It Suits
The spread of sizes brings in varied buyers. A 1 BHK around Rs. 80 Lakhs works for first-time buyers or rental investors wanting to be near Whitefield. The larger homes suit families with jobs in Whitefield, on the ORR or along Old Madras Road.
A community of 1,700-plus households will share pools, lifts and parking, so the campus will be busy. Anyone needing to move in soon should think hard about the 2030 date, as a finished project nearby is safer for a fixed move-in.
Amenities
A roughly 50,000 sq ft clubhouse anchors the plan, with an Olympic-length pool, a creche, a pet park, play areas and courts for sports. Revived projects usually finish towers before shared facilities, so get the clubhouse handover date in writing.
The Developer
Hyderabad-based Ramky Estates is a member of the Ramky Group, whose other businesses include infrastructure and waste management. Its Bangalore projects include Electronic City's Ramky One Karnival and Yelahanka's Ramky One North. On Hosa Road, Ramky Lumina is its second revival in the city.
Booking Checks
A long history means a few extra checks:
- Study the RERA entry and newest quarterly update, then compare the chosen tower's progress on a site visit
- Confirm the company named on the sale agreement, and pay only into the RERA account
- Ask if the unit is fresh stock or one an earlier buyer cancelled
- Get the exact tower's possession date, carpet area and parking allotment in writing
- Check that lenders approve the project for home loans in its present form
- Have a lawyer review the takeover documents, title papers and encumbrance certificate
For a site visit, the latest cost sheet and the open towers, contact us. Completed and near-complete East Bangalore apartments can be suggested for comparison too.
