Ramky Fortuna (formerly Skylark Ithaca), KR Puram: October 2026 Guide
Once known as Skylark Ithaca, Ramky Fortuna, located at Kurudusonnenahalli within KR Puram, East Bangalore, is now being finished by Ramky Estates. The revived campus has 1,739 apartments, and its 1 BHK to 3 BHK homes start from Rs. 80 Lakhs. Below are the key facts, construction status, prices and sizes, location, the right buyer, the project's history, amenities, the developer and pre-booking checks.
Key Facts
An overview of the registered details:
| Item | Detail |
|---|---|
| Site | About 19.67 acres (79,621 sq m), with around 85% left open |
| Apartments | 1,739, across 19 towers |
| Phase one | 11 towers, 19 floors each, two basements below |
| Phase two | 8 towers, 13 to 14 floors each |
| Registration | TOR/PRM/KA/RERA/1251/446/PR/250915/000308 |
| Completion on record | 31 December 2030 |
Construction Status
Karnataka RERA issued the registration in September 2025 for all 1,739 apartments. Ithaca Estates Private Limited, which first launched the project, remains the promoter of record, and the entry can be looked up on the Karnataka RERA site.
Key dates and quarterly completion:
- Start date: 25 August 2014
- Registered completion: 31 December 2030
- Oct-Dec 2025: 32% complete
- Jan-Mar 2026: 34% complete
- Apr-Jun 2026: 36% complete
Each of the eight towers in phase two was at only 2%, which drags the average down, while the 11 towers of phase one were between 42% and 74%. Tower-wise progress appears in every quarterly update. The promoter company drew more than 140 complaints in its earlier years, chiefly about refunds and delays.
Prices
A 1 BHK opens the range at Rs. 80 Lakhs, and the bigger 3 BHK tops out at Rs. 2.04 Crore. Starting figures are these:
- Rs. 80 Lakhs and up for a 1 BHK home
- Rs. 1.27 Crore and up for a 2 BHK home
- Rs. 1.55 Crore and up for a 2.5 BHK home
- Rs. 1.86 Crore and up for the 1,484 sq ft 3 BHK
- Rs. 2.04 Crore and up for the 1,610 sq ft 3 BHK
On built-up area that is Rs. 12,000-12,800 per sq ft. For values above Rs. 45 Lakhs, add stamp duty of around 5.6% (cess and surcharge included) and a 2% registration fee, plus GST, car parking, floor rise and the maintenance deposit.
Our EMI calculator works out the instalment and the cash needed at the start for each price. A loan sanction letter from the bank, obtained before booking, settles the budget.
Sizes
There are five layouts, from a small 1 BHK to a 3 BHK that has three bathrooms. Approximate built-up sizes: the 1 BHK is 624 sq ft, the 2 BHK 1,059 sq ft, the 2.5 BHK, which has two bathrooms, 1,268 sq ft, and the 3 BHK either 1,484 or 1,610 sq ft.
Carpet areas on the registration are lower because walls, balconies and shared areas are excluded. They come to between 367 and 390 sq ft for the 1 BHK, between 688 and 723 sq ft for the 2 BHK, around 814 sq ft for the 2.5 BHK, and between 1,003 and 1,071 sq ft in most 3 BHK homes.
Location
Ramky Fortuna is on land in Kodigehalli and Kurudusonnenahalli, KR Puram (560049), part of Bengaluru East Taluk. It falls in the belt stretching from Old Madras Road to Whitefield's northern limits, and our KR Puram page describes the area.
Old Madras Road connects to the ORR, KR Puram and the rest of the city. The Purple Line already serves Whitefield and KR Puram, and work continues on the airport metro line from KR Puram. A peak-hour drive to work shows the true commute.
Who It Is For
Because sizes vary widely, so do buyers. First-time owners and rental investors can look at a 1 BHK of about Rs. 80 Lakhs within reach of Whitefield. Families working in Whitefield, on the Outer Ring Road or along Old Madras Road fit the homes with two, two-and-a-half or three bedrooms.
With over 1,700 households sharing parking, lifts and pools, the campus will be crowded. Someone who must move in by a set date will be safer in a finished project nearby than waiting for the registered completion date.
The Project's History
The original developer launched it as Skylark Ithaca in August 2014, and slow progress left many buyers waiting. In March 2026, Ramky Estates took over and introduced the present name.
Backing comes from the SWAMIH Fund, a stalled-housing fund supported by the Government of India and managed by SBICAP Ventures. About Rs. 600 Crore was earmarked in May 2026 for this project and for Ramky Lumina, which came from the same group. Money is released in step with construction milestones, tying spending to progress on site.
So a fair part of the building work is done, and buyers will see two company names on the paperwork. Both points shape the checks below.
Amenities
The plan centres on a clubhouse of around 50,000 sq ft with a swimming pool of Olympic length, plus a pet park, a creche, play areas and sports courts. Towers in revived projects are generally completed ahead of common facilities, so a written date for the clubhouse handover helps.
Ramky Estates
Part of the broader Ramky Group, which is also active in waste management and infrastructure, Ramky Estates is headquartered in Hyderabad. Its Bangalore projects include Ramky One North (Yelahanka), Ramky One Karnival (Electronic City) and Ramky Lumina (Hosa Road), the last being its other revival here.
Pre-Booking Checks
Given the project's past, run these checks:
- Compare the RERA entry and latest quarterly update with what a site visit shows for the chosen tower
- Confirm the company signing the sale agreement, and pay solely into the designated RERA account
- Check whether the unit is new stock or was cancelled by a previous buyer
- Obtain written carpet area, parking allotment and possession date for that tower
- Ask the lender to confirm the project is loan-approved in its current form
- Ask a lawyer to go through the title, takeover papers and encumbrance certificate
Contact us for an up-to-date cost sheet, open towers and a visit to the site. Finished or almost finished East Bangalore projects can also be lined up to compare.
