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Magnolia Gardencity
RG-KA-11016 · RERA PRM/KA/RERA/1270/302/PR/270922/005272 · Last updated on RERA Karnataka portal: 23 Sep 2022
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Magnolia Gardencity is a Plotted Development project by Universal Developers in Ramanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1270/302/PR/270922/005272 on 27 Sep 2022. Possession is promised by 31 Dec 2024.
At a glance
Project
- NameMagnolia Gardencity
- TypePlotted Development
- Location
- Ramanagara
- 562109
- Pincode562109
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1270/302/PR/270922/005272
- ReraGenie IDRG-KA-11016
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on27 Sep 2022
- Promised completion31 Dec 2024
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed152 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership5
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| Raghavendra Naik KS | - | - |
| Raghavendra Naik KS | - | - |
| K S Raghavendranaik | - | - |
| K S Raghavendra Naik | - | - |
| K S Raghavendra Naik | - | - |
Project account and cost
70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Cost line | Estimated | Incurred |
|---|---|---|
| Estimated Cost of Construction as certified by Engineer | Rs 2.50 cr | - |
| On-site expenditure-Salaries of workers | Rs 25.00 lakh | - |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | Rs 25.00 lakh | - |
| On-site expenditure-Consultants Fees | Rs 5.00 lakh | - |
| Payment of fees | Rs 5.00 lakh | - |
| Payment of charges | Rs 5.00 lakh | - |
| Payment of taxes | Rs 2.50 lakh | - |
| Payment of cess | Rs 2.50 lakh | - |
| On-site expenditure-Site Overhead | Rs 1.00 lakh | - |
Certifying professionals and partners1
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Chartered Accountant | GIRISH JS |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed152
As listed on the registration, under the names the promoter filed them with; the newest 80 of 152 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1270/302/PR/270922/005272 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Total Project CostFile: CA Certificate.pdf | 23 Sep 2022 |
| Amended Partnership DeedFile: Supplementary Partnership Deed-UD.pdf | 23 Sep 2022 |
| Old Partnership DeedFile: Partnership deed Universal developers.pdf | 23 Sep 2022 |
| quarterly updatesFile: Rera Query.pdf | 21 Sep 2022 |
| PWD CertificateFile: PWD CERTIFIACTE .pdf | 21 Sep 2022 |
| BMRDA Release letterFile: BMRDA RELEASE LETTER .pdf | 21 Sep 2022 |
| horticulture departmentFile: Horticulture Dept.pdf | 21 Sep 2022 |
| Release request letter to BMRDAFile: Request leeter to BMRDA.pdf | 21 Sep 2022 |
| Magnolia Cedar Court Extension copyFile: Cedar court EXPRMKARERA1250302PR220819002263 (3).pdf | 21 Sep 2022 |
| Bank AccountFile: 20220915155309.pdf | 15 Sep 2022 |
| Non Litigation AffidavitFile: Non Litigation Affaidavit .pdf | 15 Sep 2022 |
| Certified Guideline valueFile: Guide line vale Gardencity .pdf | 15 Sep 2022 |
| Titel deed Survey Number 81/7File: 81:7.pdf | 15 Sep 2022 |
| Title Deed Survey Number 81/8File: 81:8.pdf | 15 Sep 2022 |
| Title Deed Survey Number 81/5File: 81:5.pdf | 15 Sep 2022 |
| Title Deed Survey Number 81/4File: 81:4.pdf | 15 Sep 2022 |
| Title Deed Survey Number 81/9File: 81:9.pdf | 15 Sep 2022 |
| Performa of saleFile: Agreement of Sale Proforma As per Rera.pdf | 15 Sep 2022 |
| Agreement for saleFile: Proforma of Agreement of Sale.pdf | 15 Sep 2022 |
| CA CertificateFile: ca gardencity .pdf | 15 Sep 2022 |
| Engineer CertificateFile: Enginner Gardencity .pdf | 15 Sep 2022 |
| Achitect CertificateFile: Architect GArdencity.pdf | 15 Sep 2022 |
| water supply NOCFile: WATER SUPPLY GARDENCITY.pdf | 15 Sep 2022 |
| Bank account detailsFile: SBI Gardencity .pdf | 15 Sep 2022 |
| PROFT AND LOSS STATMENT 2019-20File: P & L 2018-19 (1).pdf | 22 Aug 2022 |
| BESCOM NOCFile: Bescom NOC .pdf | 22 Aug 2022 |
| CA CERTIFICATEFile: CA.pdf | 22 Aug 2022 |
| ENGINEERS CERTIFICATEFile: ENGINEER.pdf | 22 Aug 2022 |
| ARCHITECT CERTIFICATEFile: ARCHIUTECT.pdf | 22 Aug 2022 |
| SITE DETAILS IN XL FILEFile: gardencity rera .xlsx | 22 Aug 2022 |
| MR 81/7File: MR 81:789pdf.pdf | 30 Jul 2022 |
| MR 81/8File: MR 81:789pdf.pdf | 30 Jul 2022 |
| MR 81/9File: MR 81:789pdf.pdf | 30 Jul 2022 |
| MR 81/5File: MR 81:5.pdf | 30 Jul 2022 |
| MR 81/4File: MR 81-4.pdf | 30 Jul 2022 |
| MR 81/5File: MR 81-5.pdf | 30 Jul 2022 |
| GUIDANCE VALUEFile: Guidance value.pdf | 30 Jul 2022 |
| NON LITIGATION AFFIDAVITFile: NON Litigation Affadivit .pdf | 30 Jul 2022 |
| PLOT LIST AS PER SANCTION PLANFile: gardencity rera .xlsx | 30 Jul 2022 |
| RELINQUISHMENT DEEDFile: Relinquishment Deed-Garden City.pdf | 30 Jul 2022 |
| NOC BESCOMFile: Bescom NOC .pdf | 30 Jul 2022 |
| Project SpecificationFile: Specification Gardencity .pdf | 30 Jul 2022 |
| RTC 81/4File: RTC81:4.pdf | 12 Jul 2022 |
| RTC 81/5File: RTC81:5.pdf | 12 Jul 2022 |
| RTC 81/7File: RTC81:7.pdf | 12 Jul 2022 |
| RTC 81/8File: RTC81:8.pdf | 12 Jul 2022 |
| RTC 81/9File: RTC81:9.pdf | 12 Jul 2022 |
| MR 81/4File: MR 81:4.pdf | 12 Jul 2022 |
| MR 81/7,8,9File: MR 81:7,8,9.pdf | 12 Jul 2022 |
| ECFile: EC.pdf | 12 Jul 2022 |
| GUDENCE VALUEFile: Scan Jul 12, 2022 (2) (1).pdf | 12 Jul 2022 |
| NON LITIGATION AFFIDAVITFile: affidavit_20220712133105.pdf | 12 Jul 2022 |
| JDA REFER POINT 13 IN PARTNERSHIP DEEDFile: 1654851376768_Partnership deed Universal developers (3).pdf | 12 Jul 2022 |
| CDPFile: Sheet24_BMICAPA_PD20E_compressed.pdf | 12 Jul 2022 |
| ZR COPYFile: Electricity (1).pdf | 12 Jul 2022 |
| NON LITIGATION AFFIDAVITFile: affidavit_20220712133105.pdf | 12 Jul 2022 |
| FORM BFile: FormB.pdf | 12 Jul 2022 |
| SALE DEED 81/4File: Sale deed81:4.pdf | 12 Jul 2022 |
| SALE DEED 81/5File: saledeed81:5.pdf | 12 Jul 2022 |
| SALE DEED 81/7, 81/8, 81/9File: Sale deed81:7,8,9.pdf | 12 Jul 2022 |
| PROJECT PLAN, NAME AND ADDRESSFile: approved plan.pdf | 12 Jul 2022 |
| RTC for all survey numbersFile: RTC.pdf | 30 Jun 2022 |
| EC for all survey numbersFile: Encumbrance Certificate.pdf | 30 Jun 2022 |
| MR for survey number 81/4File: MR 81:5.pdf | 30 Jun 2022 |
| MR for survey number 81/7File: MR 81:7,8,9.pdf | 30 Jun 2022 |
| Sale deed 81/4File: conversion order 81:4.pdf | 30 Jun 2022 |
| Sale deed 81/5File: saledeed81:5.pdf | 30 Jun 2022 |
| Sale deed 81/7,8,9File: Sale deed81:9.pdf | 30 Jun 2022 |
| conversion order 81/4File: conversion order 81:4.pdf | 30 Jun 2022 |
| conversion order 81/5,6,7,8,9File: Conversion Order 2.pdf | 30 Jun 2022 |
| Partnership deedFile: 1654851376768_Partnership deed Universal developers (3).pdf | 30 Jun 2022 |
| RTC, survey 81/4 | - |
| Mutation, survey 81/4 | - |
| Encumbrance Certificate, survey 81/4 | - |
| Conversion/Alienation Order, survey 81/4 | - |
| Sale/Title/Gift Deed, survey 81/4 | - |
| Khatha, survey 81/4 | - |
| RTC, survey 81/5 | - |
| Mutation, survey 81/5 | - |
| Encumbrance Certificate, survey 81/5 | - |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Status | Promised | Delivered |
|---|---|---|---|---|
| Magnolia Temple Tree | magnolia temple tree, maygnahalli village, Bidadi. | Completed | - | No date filed |
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How this compares with Ramanagara
Computed across the 81 Ramanagara projects on ReraGenie, from their own filings.
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Other projects near Ramanagara81 in Ramanagara
Filed coordinates, straight-line distance. 4 registered projects within 2 km.
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See every Ramanagara project, with the district possession charts
Builder: Universal Developers
Universal Developers has 4 registrations on RERA Karnataka, including Magnolia Temple Tree and Magnolia Cedar Court. Its filings declare 4 earlier projects, 4 of them declared completed. Read the full track record. See more projects on the Ramanagara district page.
Frequently asked questions
What are my rights if Magnolia Gardencity is delayed beyond 31 Dec 2024?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.
How do I verify and contact the developer of Magnolia Gardencity?
The registered promoter entity is Universal Developers, a partnership firm as per the filing. Its GSTIN 29AABFU5594J1ZJ can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.
Is my payment protected in Magnolia Gardencity?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
Who certifies construction progress at Magnolia Gardencity?
The professionals named in the filing: Chartered Accountant: GIRISH JS. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in Magnolia Gardencity?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters.
Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.
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