ReraGenieLog inGet a buyer report

Home / Browse projects / Ramanagara, Karnataka / Magnolia Rain Tree

Registration approved No litigation declared Plotted Development project

Magnolia Rain Tree

By UNIVERSAL DEVELOPERS

RG-KA-36519 · RERA PRM/KA/RERA/1270/302/PR/270922/005277 · 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
Dec 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 196 documents Report an error

Magnolia Rain Tree is a Plotted Development project by UNIVERSAL DEVELOPERS in Ramanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1270/302/PR/270922/005277 on 27 Sep 2022. Possession is promised by 31 Dec 2024.

At a glance

Project

  • NameMagnolia Rain Tree
  • TypePlotted Development
  • Location
    • Ramanagara
    • 562109
  • Pincode562109
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1270/302/PR/270922/005277
  • ReraGenie IDRG-KA-36519

Builder

  • NameUNIVERSAL DEVELOPERS
  • Entity typePartnership Firm
  • GSTIN29AABFU5594J1ZJ
  • Authorized SignatoryK S Raghavendra Naik
  • Other registrations3 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredSep 2022PromisedDec 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on27 Sep 2022
  • Promised completion31 Dec 2024
  • Revised completionNone
  • BuildingsNot stated in filing
  • Documents filed196 files

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Land and ownership11

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Named landowners11
LandownerVillageDistrict
B Guraappa Naidu--
b Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--
B Gurappa Naidu--

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.

Separate project accountDeclared
Estimated costRs 6.70 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 5.70 cr-
On-site expenditure-Consultants FeesRs 50.00 lakh-
On-site expenditure-Site OverheadRs 50.00 lakh-

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
EngineerVITTALA MURTHY
Chartered AccountantGirish J S

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed196

As listed on the registration, under the names the promoter filed them with; the newest 80 of 196 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1270/302/PR/270922/005277 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Amended partnership DeedFile: Supplementary Partnership Deed-UD.pdf23 Sep 2022
Partnership DeedFile: Partnership deed Universal developers.pdf23 Sep 2022
Previous Projects updatesFile: Rera Query.pdf20 Sep 2022
PWD certificateFile: PWD CERTIFIACTE .pdf20 Sep 2022
Horticulture dept letterFile: Horticulture Dept.pdf20 Sep 2022
release later from BMRDAFile: BMRDA RELEASE LETTER .pdf20 Sep 2022
Request letter to BMRDAFile: Request leeter to BMRDA.pdf20 Sep 2022
Magnolia Cedar Court Extension CertificateFile: Cedar court EXPRMKARERA1250302PR220819002263 (3).pdf20 Sep 2022
Non Litigation AffidavitFile: JDA affdavit Non Litigation affidavit final .pdf20 Sep 2022
JDA Affidavit cum DeclerationFile: adffadvit cum decelratio rain tree final .pdf20 Sep 2022
Advocate Search ReportFile: advocate search report .pdf20 Sep 2022
PRM/KA/RERA/1250/302/PR/181226/002263File: EXPRMKARERA1250302PR220819002263 (1).pdf12 Sep 2022
CHARTERED ACCOUNTANT MEMBERSIP CERTIFICATEFile: Girish COP (1).pdf12 Sep 2022
BALANCE SHEET 18-19File: BS-merged (1) (1).pdf12 Sep 2022
PROFIT AND LOSS ACCOUNT 18-19File: p&l -merged (1) (1).pdf12 Sep 2022
CONVERSION ORDER 35/2File: 35 bar 2.pdf12 Sep 2022
CONVERSION ORDER 35/12File: 35:12.pdf12 Sep 2022
CERTIFED GUIDANCE VALUEFile: Gudeline value raintree.pdf12 Sep 2022
NON LITIGATION AFFIDAVITFile: affadvit raintree.pdf12 Sep 2022
HISSA PODY COPY 35/1File: B 1.pdf12 Sep 2022
HISSA PODY COPY 35/2File: B 2.pdf12 Sep 2022
HISSA PODY COPY 35/3File: B 3.pdf12 Sep 2022
HISSA PODY COPY 35/4File: B 4.pdf12 Sep 2022
HISSA PODY COPY 35/5File: B 5.pdf12 Sep 2022
HISSA PODY COPY 35/6File: B 6.pdf12 Sep 2022
HISSA PODY COPYFile: B 7.pdf12 Sep 2022
HISSA PODY COPYFile: B 8.pdf12 Sep 2022
HISSA PODY COPYFile: B 9.pdf12 Sep 2022
HISSA PODY COPYFile: B 10.pdf12 Sep 2022
HISSA PODY COPYFile: B 13.pdf12 Sep 2022
HISSA PODY COPYFile: B 12.pdf12 Sep 2022
HISSA PODY COPYFile: B 14.pdf12 Sep 2022
HISSA PODY COPYFile: B 16.pdf12 Sep 2022
SALE DEED DATED 22/08/2006 FROM KP GOPALKRISHNA TO GURAPPA NAIDUFile: 35 title deed.pdf12 Sep 2022
SURVEY SKETCHFile: suvery sketch.pdf12 Sep 2022
TITLE DEED KP GOPALKRISHNA TO GURUPRASADFile: 35 title deed.pdf12 Sep 2022
TITLE DEED NANJAMMANIFile: nanajammani title deed.pdf12 Sep 2022
PARTNERSHIP DEEDFile: Partnership deed Universal developers.pdf12 Sep 2022
BIFURICATION DETAILSFile: RAINTREE SCHEDULE (2).xlsx12 Sep 2022
KSPCBFile: Universal KSPCB ack.pdf12 Sep 2022
CDP PLANFile: biDADI_proposed_landuse_Bidadi.pdf12 Sep 2022
VILLAGE MAP SHOWING PROPOPSED SITEFile: village map.pdf12 Sep 2022
RELIQUISMENT DEEDFile: relinquishment deed 1.pdf12 Sep 2022
SECTION 3(1)File: affadvit raintree.pdf12 Sep 2022
PERFORMA OF AGREEMENT FOR SALEFile: Agreement of Sale Proforma.pdf12 Sep 2022
AGREEMENT FOR SALEFile: Agreement of Sale Proforma.pdf12 Sep 2022
NOC BESCOMFile: noc electical supply.pdf12 Sep 2022
RECIPTS BESCOMFile: bescom.pdf12 Sep 2022
RECIEPTS WATER SUPPLYFile: water supply.pdf12 Sep 2022
STP DESIGNFile: RAIN TREE STP DESIGN .pdf12 Sep 2022
RTC, survey 35/2-
Mutation, survey 35/2-
Encumbrance Certificate, survey 35/2-
Conversion/Alienation Order, survey 35/2-
Sale/Title/Gift Deed, survey 35/2-
JDA, survey 35/2-
Khatha, survey 35/2-
RTC, survey 35/3-
Mutation, survey 35/3-
Encumbrance Certificate, survey 35/3-
Conversion/Alienation Order, survey 35/3-
Sale/Title/Gift Deed, survey 35/3-
JDA, survey 35/3-
Khatha, survey 35/3-
RTC, survey 35/4-
Mutation, survey 35/4-
Encumbrance Certificate, survey 35/4-
Conversion/Alienation Order, survey 35/4-
Sale/Title/Gift Deed, survey 35/4-
JDA, survey 35/4-
Khatha, survey 35/4-
RTC, survey 35/5-
Mutation, survey 35/5-
Encumbrance Certificate, survey 35/5-
Conversion/Alienation Order, survey 35/5-
Sale/Title/Gift Deed, survey 35/5-
JDA, survey 35/5-
Khatha, survey 35/5-
RTC, survey 35/7-
Mutation, survey 35/7-

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.

1 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Magnolia temple treeMagnolia temple tree , Maygnahalli bidadiCompleted-No date filed

How this compares with Ramanagara

22%of Ramanagara projects moved their completion datethis one has not
1%of Ramanagara registrations are shown as withdrawn or revokedthis one is not

Computed across the 81 Ramanagara projects on ReraGenie, from their own filings.

Keep Magnolia Rain Tree on your shortlist

Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.

Other projects near Ramanagara81 in Ramanagara

2 kmMagnolia Rain TreeOther 4Dot size: filed unitsN

Filed coordinates, straight-line distance. 4 registered projects within 2 km.

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 Rain Tree 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 Rain Tree?

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 Rain Tree?

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 Rain Tree?

The professionals named in the filing: Engineer: VITTALA MURTHY; Chartered Accountant: Girish J S. 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 Rain Tree?

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.

Report an error Share feedback

Report an error or share feedback

About Magnolia Rain Tree. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

We read every report. We cannot promise a reply to each one.

Save Magnolia Rain Tree to a free account

It takes a minute, there is no card, and everything on this page stays free to read either way.

Create a free accountI already have one

We will save this project for you as soon as you are in.