
Forteasia Millionaire Residences
Premium Luxury Apartments · 3 BHK & 4 BHK · S+8
IMT Rohtak, Haryana
Annual Return
11.2%
Investment Score
78/100
Starts From
From ₹1.1 Cr
Recommended Duration
5 Years
Our Rating
Watch & Buy
Investment Score
Watch & Buy
Composite across 4 dimensions
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Return Scenarios · 5-Year Investment
Conservative
7.8%
1.46× exit · 5 yr
· 5% annual appreciation
· Possession delayed to mid-2030
· No rental income assumed
· 2% registration + 1% misc costs
· Entry: ₹1.02 Cr (3BHK)
Expected
11.2%
1.70× exit · 5 yr
· 8% appreciation + rental from yr 3
· Possession Jan 2030 on schedule
· IMT professional rental: ~₹18–22k/mo
· 2% registration cost
· Rohtak 8–12% guidance range
Optimistic
16.5%
2.15× exit · 5 yr
· 13% appreciation + strong rental
· Scarcity premium: only 54 units
· IMT Rohtak luxury demand surge
· Early possession 2029
· Rohtak luxury +8% MoM precedent
Return projections are TrueYards estimates · Not guaranteed returns
Investment Calculator
Your ₹25.0L grows to
₹42.5L
Multiple
1.70×
Profit
+₹17.5L
IRR
11.2%
5-yr hold · compound growth · not guaranteed
Where does ₹25.0L go in 5 years?
vs other assetsFD at 7% · Gold 10-yr CAGR 8.5% · Nifty 50 historical avg 12% · All pre-tax · Not financial advice
Fair Value Estimate
TrueYards Verdict
Fair Entry
Area market avg ₹1.10–1.15 Cr — priced at lower end, rated Fair by LandsZo AI
Ask Price
₹1.02–1.18 Cr
Confirmed developer pricing — 3 BHK 1,852 sq ft · 4 BHK 2,141 sq ft
Corridor Upside
+8%
Rohtak luxury segment appreciation in last 6 months (LandsZo AI)
Investment Action
TrueYards Recommendation · If Buying
Wait for NOCs, then buy
IMT Rohtak address · ultra-low density luxury · HRERA-clean · HSIIDC-backed infrastructure · fair-valued entry — but external NOCs (power, water, sewage, CTE) and developer high-rise execution need to clear before committing.
If You Already Own
Hold — no urgency to exit
Rohtak luxury segment on an upward re-rating; HSIIDC NOC progression remains the key catalyst to watch
5-Year Return Range
7.8% – 16.5%
Conservative → Optimistic · Annual IRR
Investment Thesis
HSIIDC Single-Authority NOC
Lowest RiskAll 5 external services (roads, water, electricity, sewage, drainage) come from one government body — HSIIDC — which allotted the site. No multi-agency NOC risk like competing private projects.
Ultra-Low Density Scarcity
54 Units OnlyJust 54 apartments on 1.15 acres inside IMT Rohtak. Scarcity at possession creates pricing power — a 300-unit project in the same location cannot match this exclusivity.
Rohtak Luxury on the Rise
+8% in 6 monthsRohtak's luxury apartment segment appreciated 8% in the last 6 months (LandsZo AI). Entry at ₹1.02 Cr is at the lower end of the ₹1.10–1.15 Cr market average — a fair-valued entry with room to rerate.
IMT Professional Rental Pool
~₹20k/moIMT Rohtak houses 50,000+ industrial and professional workforce. Comparable 3BHK commands ₹18,000–25,000/month in rental — creating a built-in income layer from Year 3 post-possession.
Millionaire Residences is the only HRERA-registered luxury apartment project inside IMT Rohtak — on an HSIIDC-allotted site where the government acts as sole infrastructure provider, eliminating the fragmented NOC risk seen elsewhere. At just 54 units across S+8, the density is exceptional for the price point. Entry at ₹1.02–1.18 Cr against a market avg of ₹1.10–1.15 Cr is a fair, not stretched valuation, in a market where Rohtak luxury prices have moved +8% in the last 6 months. The main constraint is execution — this is the developer's first high-rise group housing project, though their proven DDJAY plotted track record de-risks the brand. HSIIDC's single-window infrastructure guarantee is the key differentiator that places this above comparable Rohtak apartment projects.
Unit Inventory & Pricing
3 BHK
Area
1,852 sq ft
Listed Price
₹1.02 CrRate / sq ft
~₹5,508/sq ft
4 BHK
Area
2,141 sq ft
Listed Price
₹1.18 CrRate / sq ft
~₹5,511/sq ft
| Type | Saleable Area | Listed Price | Rate/sq ft |
|---|---|---|---|
| 3 BHK | 1,852 sq ft | ₹1.02 Cr | ~₹5,508/sq ft |
| 4 BHK | 2,141 sq ft | ₹1.18 Cr | ~₹5,511/sq ft |
Listed price (₹1.02–1.18 Cr) is at the lower end of area market avg (₹1.10–1.15 Cr). LandsZo AI rates it Fair — no overpricing risk. Comparable: Suncity Township ₹75L–1.69 Cr · Bohar IMT ~₹96L.
Location & Connectivity
IMT Rohtak (HSIIDC): India's established industrial model township in Rohtak. HSIIDC — Haryana State Industrial & Infrastructure Development Corporation — is the development authority. Institutionally planned roads, utilities, and infrastructure. Attracts automotive, manufacturing, IT companies. Adjacent workforce = built-in rental demand.
Livability Score · 10 factors · TrueYards estimate
Amenities & Infrastructure
Indoor swimming pool
Clubhouse level · full size
Kids' pool
Separate children's pool
Gymnasium
State-of-the-art · panoramic views
Landscaped gardens
Ground level · green spaces
Jogging track
Ground level · perimeter loop
Kids' play zone
Dedicated ground-level area
Yoga deck
Sky Deck · podium / rooftop
Rooftop garden
Sky Deck · serene green terrace
Sky walk
Elevated rooftop walkway
Barbecue space
Rooftop · community gatherings
Observatory decks
Panoramic views · rooftop
Water features
Ground level · seating areas
Indoor games
Clubhouse level
Cafeteria & lounge
Clubhouse · community space
Private seating areas
Podium level · multiple zones
Construction Progress
Completed · 6 milestones
HSIIDC site allotment (GH-4 plot)
Feb 2024
Agreement to sale with HSIIDC
May 2024
HRERA registration
Mar 2025
Building plan & floor plans approved
Mar 2025
Foundation & excavation works
Mar–Jun 2025
Ground floor slab & columns
Q3–Q4 2025
In Progress & Upcoming · 5 milestones
Floors 1–4 RCC frame
In ProgressQ1–Q3 2026
Structural RCC frame construction underway
Floors 5–8 RCC frame
Q4 2026 – Q2 2027
Brick & internal partitions
2027–2028
Plumbing, electrical & finishing
2028–2029
Possession (HRERA registered)
Jan 2030
Advantages
Only HRERA Luxury Project in IMT
The only HRERA-registered luxury apartment project inside IMT Rohtak — no comparable RERA-compliant alternative at this price point exists in the zone, giving it a clear first-mover position.
Single-Authority NOC Structure
HSIIDC is the sole NOC provider — a single government authority vs the multi-agency NOC risk typical of private developments, significantly simplifying the compliance pipeline.
Ultra-Low Density
Just 54 apartments on 1.15 acres — exceptional exclusivity at possession, rare in the Rohtak apartment market where most projects run at far higher plot ratios.
All Plans Approved
Building plan, apartment plans, and floor plans are all fully approved at registration — no design approvals pending, reducing a common mid-project delay risk.
Top-Tier Social Infrastructure
Tilyar Lake (5 min), MDU (10 min), PGI (14 min), IIM Rohtak (20 min) — a concentration of healthcare, education, and lifestyle assets that sustains long-term residential demand.
Transparent Confirmed Pricing
Confirmed pricing at ₹1.02 Cr (3BHK) and ₹1.18 Cr (4BHK) — no 'call for price' opacity; investors can accurately model returns and compare against market comps.
HRERA Financial Accountability
Quarterly infra spend schedule filed with HRERA for 2025–2030 — financial milestones are regulator-monitored, not developer-only commitments that can be revised quietly.
Premium Build Specifications
Somany/Johnson tiles, Parryware sanitary fittings, UPVC windows, and Johnson/Hybon lifts — brand-name specifications committed under HRERA, with legal recourse if not delivered.
Considerations
First High-Rise for Developer
First high-rise group housing project for the developer — their track record is in plotted DDJAY colonies, a meaningfully different execution complexity that should be factored into risk assessment.
Early-Stage Facilities
All internal facilities were 'yet to be prepared' at HRERA registration — the project is at an early stage and the 4.5-year possession horizon reflects genuine construction work ahead.
HSIIDC NOCs Still Pending
NOCs from HSIIDC for roads, water, electricity, sewage, and drainage are all pending — critical approvals that need to be tracked and confirmed before committing beyond the initial booking.
Industrial Area Setting
Industrial area setting with air quality and noise considerations for daily residential living — seasonal AQI impact is a recurring concern, particularly in winter months.
First high-rise project — plotted track record only
HighDeveloper has delivered 5.3M sq ft in plotted DDJAY colonies. Group housing (S+8 RCC frame, lifts, clubhouse, pool) requires different construction management. Mitigant: all plans fully approved; branded spec (Somany, Parryware, Johnson lifts) creates accountability.
Possession Jan 2030 — 4.5-year horizon required
MediumHRERA-registered completion: 27 January 2030. Quarterly infra spend schedule filed year-by-year — provides financial accountability. Investor must not need capital liquid before 2030.
HSIIDC NOCs pending for all 5 services
MediumRoads, water, electricity, sewage, and drainage NOCs all pending from HSIIDC. Key difference from FIT: HSIIDC is the single government authority obligated to provide all external services to the allotted site — structurally lower risk than multi-agency approvals.
Industrial area living — air quality & noise
Low–MedIMT Rohtak has active manufacturing units. Air quality concerns similar to Rohtak generally (NCR industrial belt). Tilyar Lake (5 min) provides green buffer. Project is on GH-4 plot (group housing zone), separated from heavy industry.
Resale liquidity for under-construction luxury
LowLuxury apartment resale in Rohtak is a thinner market than Delhi NCR. 54 units means a small secondary market. Mitigant: IMT Rohtak workforce creates rental demand; Rohtak luxury +8% last 6 months signals improving buyer depth.
Historical Price Trend
Price Trend
IMT Rohtak — Luxury Apartment Rate Trend (₹/sq ft)
TrueYards estimates based on LandsZo AI, 99acres, MagicBricks, and confirmed developer pricing
IMT Rohtak Luxury Market
+8%
Rohtak luxury appreciation (last 6 months)
54
Total units — ultra-low density
₹1.10–1.15 Cr
IMT Rohtak luxury market average
50k+
IMT Rohtak workforce (built-in rental demand)
₹18–25k
Comparable 3BHK monthly rental
Jan 2030
HRERA-registered possession date
Infrastructure Pipeline
IMT Rohtak (HSIIDC Zone)
OperationalOperational — ongoing expansion · On-site
NH-9 Delhi–Rohtak Highway
OperationalOperational · 4-lane expressway · ~70 km to Delhi
Delhi–Rohtak RRTS (NAMO Corridor)
PlannedApproved 2025 — DPR under preparation · Rohtak city
AIIMS Rohtak
OperationalOperational · ~8 km
IIM Rohtak
OperationalOperational · campus expansion underway · ~20 km
Rohtak Ring Road
Under ConstructionUnder construction — 2027 · City bypass
HSIIDC IMT Phase 2 Expansion
Under ConstructionExpansion ongoing — 2026 · Adjacent
Infrastructure data from NHAI, HSIIDC, and government sources · Timelines indicative
Competition · 5 Nearby Comparable Projects
Suncity Township
IMT Rohtak
Developer
Suncity
Type
Apartments
Price
₹75L–1.69 Cr
Distance
IMT Rohtak
Bohar IMT
IMT area Rohtak
Developer
Local developer
Type
Apartments
Price
~₹96L
Distance
IMT area
Arson The Morbagh
Sector 30A Rohtak
Developer
Arson
Type
Residential
Price
Not listed
Distance
Same sector
Forteasia Park View
Sector 2 Rohtak
Developer
Forteasia (same)
Type
Apartments
Price
₹71.28L–1.29 Cr
Distance
Sector 2
HL Group Residencies
IMT Sector-30B
Developer
HL Group
Type
Apartments
Price
Not listed
Distance
Adjacent sector
| Project | Developer | Type | Price | Distance | Impact |
|---|---|---|---|---|---|
Suncity Township IMT Rohtak | Suncity | Apartments | ₹75L–1.69 Cr | IMT Rohtak | High |
Bohar IMT IMT area Rohtak | Local developer | Apartments | ~₹96L | IMT area | Medium |
Arson The Morbagh Sector 30A Rohtak | Arson | Residential | Not listed | Same sector | Medium |
Forteasia Park View Sector 2 Rohtak | Forteasia (same) | Apartments | ₹71.28L–1.29 Cr | Sector 2 | Low |
HL Group Residencies IMT Sector-30B | HL Group | Apartments | Not listed | Adjacent sector | Low |
Builder Profile
Forteasia Realty Pvt Ltd
Haryana-focused developer with 10+ RERA-registered projects and claimed 5.3M sq ft delivered. Specializes in DDJAY plotted developments across Rohtak and Bahadurgarh. Millionaire Residences is their first high-rise group housing project.
2011
Incorporated
10+
Projects launched
5.3M
Sq ft claimed delivered
0
RERA complaints
CA cert
No default in 5 years
2025
Times Realty Award winner
TrueYards Assessment
Due Diligence Notes
Directors: MD Sandeep Mangla · Ajay Mangla · Puneet Gupta · Authorized rep: Kapil Goyal. Project contact: Sudesh Kumar (+91 9649555541). CA non-default certificate attached. Balance sheets last 3 years submitted. Key caveat: This is the developer's first high-rise group housing project — all previous work is plotted DDJAY development. The HSIIDC institutional infrastructure framework partially mitigates construction-quality risk, but investors should verify construction progress at site visits.
Developer Track Record
Silicon Valley Ext III
Sector 22D, Rohtak
Type
DDJAY Residential Plots
Units
358 plots
Promised
2024
Actual
2024
Silicon Valley Ext II
Sector 22D, Rohtak
Type
DDJAY Residential Plots
Units
200+ plots
Promised
2023
Actual
2023
Silicon Valley Ext I
Sector 22D, Rohtak
Type
DDJAY Residential Plots
Units
150+ plots
Promised
2022
Actual
2022
Park View
Sector 27A, Rohtak
Type
Residential Plots
Units
100+ plots
Promised
2022
Actual
2023
~6 months delay; resale now at ₹72k/sq yd
| Project | Location | Type | Units | Promised | Actual / Status |
|---|---|---|---|---|---|
Silicon Valley Ext III HRERA-PKL-1020-2022 | Sector 22D, Rohtak | DDJAY Residential Plots | 358 plots | 2024 | Delivered |
Silicon Valley Ext II | Sector 22D, Rohtak | DDJAY Residential Plots | 200+ plots | 2023 | Delivered |
Silicon Valley Ext I | Sector 22D, Rohtak | DDJAY Residential Plots | 150+ plots | 2022 | Delivered |
Park View | Sector 27A, Rohtak | Residential Plots | 100+ plots | 2022 | Delivered (late) ~6 months delay; resale now at ₹72k/sq yd |
Investment Details
Min. Booking
10% (indicative)
of total plot price, upfront
Bank Finance
70–75%
Plot loans from SBI, HDFC, PNB
Payment Plan
Quarterly CLP
2025–2030
Financing & EMI Calculator
Monthly EMI
₹22,802
Total Interest
₹9.4L
Total Payment
₹27.4L
Apartment loans can have 30-year tenures. On a ₹76L loan (75% of ₹1.02 Cr) at 9% over 20 years, EMI ≈ ₹68,400/month. CLP-linked disbursement — bank releases funds as construction milestones are met.
Bank Partners
SBI
8.50–9.25% p.a.
Lowest rate — CIBIL 750+ required · up to 30-year tenure
Max 75% of apartment value
HDFC Bank
8.75–9.50% p.a.
Home loans for under-construction flats · faster disbursal
Max 75% of apartment value
Axis Bank
8.75–9.50% p.a.
RERA-registered projects eligible for higher LTV
Max 80% for RERA-registered projects
Indian Overseas Bank (Escrow)
9.00–9.75% p.a.
Escrow bank — natural choice for project financing
Max 70% of property value
Exit Strategy · How to Get Your Money Out
Liquidity
Medium
Typical Resale Time
2–4 months post-possession
IMT Rohtak luxury apartments are an emerging category. Rental demand from IMT professionals is strong. Resale market for apartments in this zone is thin pre-possession but is improving. Best liquidity post-Jan 2030.
Rental to IMT professionals
Post-possession, rent to the 50,000+ professional workforce inside IMT Rohtak. Comparable 3BHK commands ₹18,000–25,000/month — a ~2.1–2.9% rental yield on purchase price.
Timeline: From Jan 2030
Resale in Rohtak luxury market
Sell on secondary market as Rohtak luxury segment matures. With only 54 units and no comparable supply pipeline at this price point, scarcity creates pricing power at possession.
Timeline: 3–5 years (post-possession)
Pre-possession assignment
Assign your allotment to another buyer if the project reaches completion milestones and IMT Rohtak momentum increases. Requires developer consent per ATS terms.
Timeline: 12–36 months from booking
Hold and build equity
Hold through the 4.5-year construction period and exit 1–2 years post-possession when the project is fully complete, amenities are operational, and scarcity premium is visible.
Timeline: 5–7 years total
Who Buys This Asset
Construction Specifications (HRERA Registered)
Flooring
Somany / Johnson tiles throughout
Sanitary fittings
Parryware — all bathrooms & kitchen
Windows & doors
UPVC frames with glass
Electrical fittings
Anchor brand wiring & fittings
Lifts
Johnson / Hybon — high-quality
Kitchen counter
Black granite with SS single bowl sink
External finish
Texture paint with glass & SS glazing
Water storage
Common RCC tank — full day capacity
Internal walls
OBD paint throughout
Wiring
Polycare & Anchor — full building
Regulatory & Legal
HRERA registration
RERA-PKL-1657-2025
confirmedRERA submission date
20 March 2025
HRERA completion date
27 January 2030
confirmedProject address
Plot GH-4, Sector 30A, Phase-2, IMT Rohtak
Allotment letter
23 Feb 2024 — obtained
confirmedAgreement to sale
23 May 2024 — obtained
confirmedBuilding plan
Approved
confirmedFloor plans / Apt plans
All approved
confirmedEscrow bank
Indian Overseas Bank (IOB)
Escrow account
183602000000777 · IFSC IOBA0001836
NOC provider
HSIIDC (all 5 services) — pending
flaggedLitigation declared
None
cleanAlways pay into HRERA-registered IOB escrow account only (A/c 183602000000777, IFSC IOBA0001836, Branch SCO-63 Sector-46 Faridabad). Verify on haryanarera.gov.in before any transfer.
Tax Implications
Short-term gain (< 24 months hold)
Taxed at income slab rate
Gain added to total income — up to 30% for highest slab. Avoid selling within 2 years.
Long-term gain (≥ 24 months hold)
12.5% flat LTCG
No indexation benefit (post-Budget July 2024). Applied on net gain after acquisition cost.
Stamp duty (Haryana)
5% (women) · 7% (men)
On circle rate or sale price, whichever is higher. Budget ~6–8% total transaction cost.
Registration charge
1% of property value
Paid in addition to stamp duty at sub-registrar office.
TDS on purchase (Sec 194-IA)
1% TDS if purchase > ₹50L
Buyer deducts 1% and deposits to Income Tax Dept before registration.
Home loan interest deduction
Sec 24(b) — up to ₹2L/yr
For self-occupied property. Under construction interest clubbed and deducted in 5 equal instalments post-possession.
NRI investors
20% TDS at source on LTCG
Apply for lower TDS certificate if actual tax is less. Repatriation allowed under FEMA with proper documentation.
Tax laws may change · Consult a CA for personalised tax planning
Downloads & Documents
Project Brochure (PDF)
Official brochure — request directly from developer
HRERA Certificate RERA-PKL-1657-2025
Verify on haryanarera.gov.in
Floor Plans (3BHK & 4BHK)
Approved plans — request from developer
CLP Payment Schedule (2025–2030)
Quarterly milestone-linked payment plan
IOB Escrow Account Verification
A/c 183602000000777 · IFSC IOBA0001836 — verify on HRERA portal
Investment FAQs
What makes Millionaire Residences different from other IMT Rohtak projects?
It is the only HRERA-registered luxury apartment project on an HSIIDC-allotted GH-4 plot inside IMT Rohtak — giving it institutional land backing, a clear single-authority NOC pipeline (HSIIDC), and only 54 units, making it ultra-low density. Competitors like Suncity Township are volume-play; Millionaire Residences is positioned as a premium, exclusive product.
What is the confirmed pricing and what does it include?
3 BHK (1,852 sq ft) at ₹1.02 Cr; 4 BHK (2,141 sq ft) at ₹1.18 Cr. Includes Somany/Johnson tiles, Parryware fittings, UPVC windows, Anchor electrical, black granite kitchen counter, and Johnson/Hybon lifts. Excludes: AC, CNG, WiFi, cupboards — these are at buyer's cost.
How is the HSIIDC NOC situation different from FIT?
FIT's NOCs come from multiple agencies (UHBVN, CGWA, HUDA, HSPCB, PWD). Millionaire Residences' NOCs all come from HSIIDC — one single government body that allotted the site and is contractually obligated to provide all external services. This is materially lower risk than multi-agency approvals.
What is the rental income potential?
IMT Rohtak houses manufacturing, automotive, and IT companies whose professional workforce needs quality housing. Comparable 3 BHK in IMT area commands ₹18,000–25,000/month. At base case entry (₹1.02 Cr), rental yield of ~2.1–2.9% per year — acceptable in a capital appreciation-led market.
What are the documents needed for booking?
Passport-size photo, PAN card, Aadhaar card, and booking amount. 70–75% bank loan available from leading banks. Always ensure allotment letter references HRERA-PKL-1657-2025.
Due Diligence Checklist
At a Glance
TrueYards deal analysis · Forteasia Millionaire Residences · IMT Rohtak · Analysis date: June 2026 · HRERA records confirmed via haryanarera.gov.in · Market data: LandsZo AI, 99acres, MagicBricks · IRR scenarios are TrueYards projections, not guaranteed returns · This analysis is not personalised investment advice. Conduct independent due diligence, site visits, and legal verification before committing capital.
Investment Summary
Direct transaction support provided