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Magnolia
By Royal Indraprastha Proptech LLP
RG-KA-65838 · RERA PRM/KA/RERA/1271/486/PR/190423/005879 · Last updated on RERA Karnataka portal: 15 Apr 2026
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 12 months
- 1 extension taken
Clear
- No litigation declared
- No complaints on record
- Separate project account declared
Saved.
Magnolia is a Residential/Group Housing project by Royal Indraprastha Proptech LLP in Shivamogga, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1271/486/PR/190423/005879 on 19 Apr 2023. Possession is promised by 3 Mar 2026. The completion date has moved by 12 months from the original filing. 10 of the 35 units on this registration are recorded sold or booked, and 8 of 16 construction stages are filed complete.
At a glance
Project
- NameMagnolia
- TypeResidential/Group Housing
- Location
- Shivamogga
- 577205
- Pincode577205
- MapView location on Google Maps (as filed on RERA)
- RERA no.PRM/KA/RERA/1271/486/PR/190423/005879
- ReraGenie IDRG-KA-65838
Builder
- NameRoyal Indraprastha Proptech LLP
- Entity typePartnership Firm
- LLPINAAV-9409
- GSTIN29ABCFR7735C1Z3
- Authorized SignatorySridhar M K
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on19 Apr 2023
- Promised completion3 Mar 2026
- Revised completionRevised to 3 Mar 2026 (originally 3 Mar 2025)
- Buildings1 building record
- Documents filed135 files
Current status
Figures as on 15 Apr 2026, this project's latest RERA Karnataka filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| Magnolia | - | - | - | 35 | 0 | 35 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 15 Apr 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
8 of 16 construction stages are filed complete. The stage furthest along is Elevation work, at 90%.
Building: 84% average across the applicable activities
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | 100% |
| Foundation footing work | 100% |
| Upto Plinth Level | 100% |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | 100% |
| Retaining wall (All types) | 100% |
| RCC or MS Framed structure | 100% |
| Masonry Construction | 100% |
| Plastering inside , outside & Ceiling | 100% |
| Joinery: Doors, Windows, Ventilators etc | 60% |
| Basic work of Water supply, Sanitary and Electrification | 50% |
| Dadoing, Skirting, Flooring, Tiles work (All types) | 75% |
| Railing and Grill fixing | 80% |
| Electrification, Water supply and Sanitary Finishing | 60% |
| Painting | 80% |
| Fire prevention and fire fighting fitting and fixture with network | Not applicable |
| Weather Proof work(tile,concrete) | Not applicable |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Elevation work | 90% |
| Internal and External work including landscapes as per sanctioned drawings | 50% |
Progress on shared amenities35
As on 15 Apr 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | 30% |
| Sewage and Drainage System | Yes | 30% |
| Water conservation/rain water harvesting/recharge of ground water | Yes | 30% |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 0% |
| Solid waste management and disposal | No | Not applicable |
| Emergency Evacuation services | No | Not applicable |
| Internal Roads & Footpaths | No | Not applicable |
| Electricity supply transformer and substation | No | Not applicable |
| Storm water drains | No | Not applicable |
| Use of renewable energy | No | Not applicable |
| Sewage Treatment Plant (STP) | Yes | 0% |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Electricity | Yes | 20% |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | 0% |
| Club House | No | Not applicable |
| Community Hall | Yes | 0% |
| Outdoor Sports facility | Yes | 0% |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | Yes | 0% |
| Parks | No | Not applicable |
| Power Backup | No | Not applicable |
| Piped Gas | Yes | 0% |
| Water and Sanitation | No | Not applicable |
| Air Conditioning | No | Not applicable |
| Staircases | Yes | 100% |
| Lifts | Yes | 100% |
| Corridor/Lobbies | Yes | 100% |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building/common portico/foyer/verandah | Yes | 90% |
| Basement | Yes | 100% |
| Terrace | Yes | 90% |
Land and ownership7
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 |
|---|---|---|
| MR. SRIKANTA AVADHANI H. L | - | - |
| Mrs. APARNA M. A | - | - |
| Mrs. SHRIVANI M R | - | - |
| Mrs. BHAGYALAKSHMI | - | - |
| Mr. M. R. CHANNAKESHAVA DIXIT | - | - |
| Mrs. SHRIVALLI M R | - | - |
| Mr. M. C. LAKSHMIKESHAVA DIXIT | - | - |
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 9.31 cr | Rs 7.07 cr |
| Principal sum and interest payable to financial institutions-Scheduled Banks | Rs 4.20 cr | Rs 3.56 cr |
| On-site expenditure-Site Overhead | Rs 19.25 lakh | Rs 74,520 |
| On-site expenditure-Salaries of workers | Rs 17.50 lakh | - |
| On-site expenditure-Consultants Fees | Rs 10.50 lakh | Rs 8.12 lakh |
| On-site expenditure-Cost Of Services(Water, Electricity, Sewage) | - | Rs 56,850 |
| Payment of taxes | - | Rs 80,500 |
Certifying professionals and partners3
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | Shalini N |
| Engineer | A Ramachandran |
| Chartered Accountant | A. P. Pradeep |
Extensions applied for1
A revised date filed with the regulator does not change the possession date in your agreement for sale.
Reason as filed by the promoterForce Majeure
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed135
As listed on the registration, under the names the promoter filed them with; the newest 80 of 135 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1271/486/PR/190423/005879 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Q4 2025-26 Form-4 Certificate issued by Chartered AccountantFile: Form -4 CA Certificate -MARCH 2026 Proptech LLP_compressed.pdf | 15 Apr 2026 |
| Q4 2025-26 Form-5 Certificate issued by ArchitectFile: Architect Certificate 20260415.pdf | 15 Apr 2026 |
| Q4 2025-26 Form-6 Certificate issued by Structural EngineerFile: Quarterly Engineers Certificate- Form 6- 14th april 26.pdf | 15 Apr 2026 |
| Q4 2025-26 Water supply and sewage board | 15 Apr 2026 |
| Q4 2025-26 KSPCB- PCB (10 Acres to 125 Acres) | 15 Apr 2026 |
| Q4 2025-26 KPTCL- BESCOM | 15 Apr 2026 |
| Q3 2025-26 Form-4 Certificate issued by Chartered AccountantFile: FORM-4 _Royal indraprstha Buildcon LLP-Q3.pdf | 14 Jan 2026 |
| Q3 2025-26 Form-5 Certificate issued by ArchitectFile: Quarterly Architecht Certificate_20260115.pdf | 14 Jan 2026 |
| Q3 2025-26 Form-6 Certificate issued by Structural EngineerFile: Quarterly Engineers Certificate- Form 6- 20260114.pdf | 14 Jan 2026 |
| Q3 2025-26 Water supply and sewage board | 14 Jan 2026 |
| Q3 2025-26 KSPCB- PCB (10 Acres to 125 Acres) | 14 Jan 2026 |
| Q3 2025-26 KPTCL- BESCOM | 14 Jan 2026 |
| Application for change of Designated Bank AccountFile: Change Request Conirmation.pdf | 17 Jul 2025 |
| Letter for Plan renewalFile: Letter for Plan Renewal.pdf | 17 Jul 2025 |
| Application for change of Designated Bank AccountFile: Change Request Conirmation.pdf | 22 May 2025 |
| Letter elaborating source of fundsFile: Letter for Source of Funds.pdf | 22 May 2025 |
| Letter for Plan renewalFile: Letter for Plan Renewal.pdf | 22 May 2025 |
| Agreement of Sale ProformaFile: Agreement of Sale Proforma.pdf | 11 Apr 2023 |
| Allotment Letter MagnoliaFile: Allotment Letter Magnolia.pdf | 11 Apr 2023 |
| Architect Certificate COAFile: Architect Certificate COA.jpeg | 11 Apr 2023 |
| Carpet area calFile: Carpet area cal.pdf | 11 Apr 2023 |
| CA CertificateFile: CA Certificate.pdf | 11 Apr 2023 |
| MOdel Allotment LetterFile: MOdel Allotment Letter.pdf | 11 Apr 2023 |
| Pre Stablity Certificate MagnoliaFile: Pre Stablity Certificate Magnolia.pdf | 11 Apr 2023 |
| SOURCE OF FUNDSFile: SOURCE OF FUNDS.pdf | 11 Apr 2023 |
| Prifit and loss account statement with UDIN letterFile: P & L_with UDIN.pdf | 4 Mar 2023 |
| Balance Sheet with UDIN letterFile: Balance Sheet_with UDIN.pdf | 4 Mar 2023 |
| Title deed in the name of Mr. Srikantha Avadani and othersFile: Sale deed- Magnolia_compressed.pdf | 4 Mar 2023 |
| Mother deeds-from conversion land owner to jda ownerFile: Mother deeds- Magnolia_compressed.pdf | 4 Mar 2023 |
| Old MutationFile: Mutation.pdf | 4 Mar 2023 |
| Guidence valueFile: Guidance value.jpeg | 4 Mar 2023 |
| Break up of types of UnitsFile: Carpet Area details- RERA.xlsx | 4 Mar 2023 |
| FAR as per Plan is 1.69File: Site Plan.pdf | 4 Mar 2023 |
| Building height is 13.05File: Elevation.pdf | 4 Mar 2023 |
| Total Parking available is 42- 35 for Apartment owners+ 7 for visitorsFile: Basement.pdf | 4 Mar 2023 |
| Certified Carpet area calculationFile: Carpet area cal.pdf | 4 Mar 2023 |
| CDP reflecting Sy No.7File: CDP Sy no 7.pdf | 4 Mar 2023 |
| village map showing Sy No.7File: Village Map- Gadikoppa.pdf | 4 Mar 2023 |
| Architects detailsFile: Architect Certificate COA.jpeg | 4 Mar 2023 |
| Building LicenseFile: Building License-Magnolia.pdf | 4 Mar 2023 |
| Architects certificateFile: Architect Certificate COA.jpeg | 4 Mar 2023 |
| Building PlanFile: Building Plan- Magnolia_compressed.pdf | 4 Mar 2023 |
| Project SpecificationFile: Specifications- Magnolia.pdf | 4 Mar 2023 |
| Receipt for MESCOMFile: MESCOM Receipt.jpeg | 4 Mar 2023 |
| Sale Agreement ProfomaFile: Agreement of Sale.pdf | 4 Mar 2023 |
| Affidavit in Sce 3(1)File: Affidavit Sec 3.pdf | 4 Mar 2023 |
| STP Drawings & ReportFile: STP Drawing & Report.pdf | 4 Mar 2023 |
| Letter indicating source of fundsFile: SOURCE OF FUNDS - MAGNOLIA.pdf | 4 Mar 2023 |
| Registration CertificateFile: Certificate of LLP Incorporation-RI.PDF | - |
| Partnership DeedFile: LLP DEED RI.pdf | - |
| Partner Details | - |
| Partner Details | - |
| Partner Details | - |
| Certificate issued by CA Form 1File: CA Certificate.pdf | - |
| Certificate issued by Architect Form 2File: Architects Certificate.pdf | - |
| Certificate issued by Engineer Form 3File: Engineers certificate for Magnolia project.pdf | - |
| Project Chartered Accountant | - |
| Project Engineer | - |
| Project Architect | - |
| AffidavitFile: No Litigation.pdf | - |
| Certificate from Chartered AccountFile: CA Certificate.pdf | - |
| Balance Sheet 2021 - 2022File: Balance Sheet.pdf | - |
| Balance Sheet 2020 - 2021File: Financial report.pdf | - |
| Balance Sheet 2019 - 2020File: Financial report.pdf | - |
| Audited Profit and Loss Statement 2021 - 2022File: P & L.pdf | - |
| Audited Profit and Loss Statement 2020 - 2021File: Financial report.pdf | - |
| Audited Profit and Loss Statement 2019 - 2020File: Financial report.pdf | - |
| Director's Report 2021 - 2022File: Directors Report.pdf | - |
| Director's Report 2020 - 2021File: Financial report.pdf | - |
| Director's Report 2019 - 2020File: Financial report.pdf | - |
| Cash Flow Statement 2021 - 2022File: Financial report.pdf | - |
| Cash Flow Statement 2020 - 2021File: Financial report.pdf | - |
| Auditor's Report 2021 - 2022File: Auditors Letter.pdf | - |
| Auditor's Report 2020 - 2021File: Financial report.pdf | - |
| Auditor's Report 2019 - 2020File: Financial report.pdf | - |
| Income Tax Return Acknowledgement 2021 - 2022File: RI LLP ITR Acknowledgment 2021-22.pdf | - |
| Income Tax Return Acknowledgement 2020 - 2021File: Financial report.pdf | - |
| Income Tax Return Acknowledgement 2019 - 2020File: Financial report.pdf | - |
| Commencement Certificate | - |
| MESCOM -NoC | - |
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Builder: Royal Indraprastha Proptech LLP
Royal Indraprastha Proptech LLP has 1 registration on RERA Karnataka, including Magnolia. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Shivamogga district page.
Frequently asked questions
What are my rights if Magnolia is delayed beyond 3 Mar 2026?
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?
The registered promoter entity is Royal Indraprastha Proptech LLP, a partnership firm as per the filing. Its LLPIN AAV-9409 and GSTIN 29ABCFR7735C1Z3 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?
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?
The professionals named in the filing: Architect: Shalini N; Engineer: A Ramachandran; Chartered Accountant: A. P. Pradeep. 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?
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; why the completion date was revised and what the new timeline depends on.
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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