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Magnolia Temple Tree
RG-KA-56232 · RERA PRM/KA/RERA/1250/302/PR/180217/000526
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
Magnolia Temple Tree is a Plotted Development project by Universal Developers in Ramanagara, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1250/302/PR/180217/000526 on 17 Feb 2018. Possession is promised by 3 Sep 2017.
At a glance
Project
- NameMagnolia Temple Tree
- TypePlotted Development
- Location
- Ramanagara
- PincodeNot stated
- RERA no.PRM/KA/RERA/1250/302/PR/180217/000526
- ReraGenie IDRG-KA-56232
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on17 Feb 2018
- Promised completion3 Sep 2017
- Revised completionNone
- BuildingsNot stated in filing
- Documents filed38 files
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Land and ownership
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed38
As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1250/302/PR/180217/000526 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: Universal Partnership Deed.pdf | - |
| BMRDA Approval Letter | - |
| MAYAGANAHALLI LAYOUT Plan (APPROVED)_001 | - |
| MAYAGANAHALLI LAYOUT Plan (APPROVED) | - |
| SALEDEED | - |
| agreement draft | - |
| sale deeds part1 | - |
| plan | - |
| pplan | - |
| A LETTER | - |
| TempleTreesBro-Final | - |
| NOC | - |
| bro | - |
| EC | - |
| sale deeds part2 | - |
| All Conversion orders | - |
| Horticulture NOC | - |
| PWD NOC | - |
| All EC | - |
| Relinquishment deed | - |
| Balance Sheet 2015 - 2016File: UD Balance Sheet 15-16.pdf | - |
| Balance Sheet 2014 - 2015File: UD Balance Sheet 14-15.pdf | - |
| Balance Sheet 2013 - 2014File: UD Balance Sheet 13-14.pdf | - |
| Audited Profit and Loss Statement 2015 - 2016File: a.pdf | - |
| Audited Profit and Loss Statement 2014 - 2015File: a.pdf | - |
| Audited Profit and Loss Statement 2013 - 2014File: a.pdf | - |
| Director's Report 2015 - 2016File: a.pdf | - |
| Director's Report 2014 - 2015File: a.pdf | - |
| Director's Report 2013 - 2014File: a.pdf | - |
| Cash Flow Statement 2015 - 2016File: a.pdf | - |
| Cash Flow Statement 2014 - 2015File: a.pdf | - |
| Auditor's Report 2015 - 2016File: a.pdf | - |
| Auditor's Report 2014 - 2015File: a.pdf | - |
| Auditor's Report 2013 - 2014File: a.pdf | - |
| Income Tax Return Acknowledgement 2015 - 2016File: ITR15-16.pdf | - |
| Income Tax Return Acknowledgement 2014 - 2015File: ITR14-15.pdf | - |
| Income Tax Return Acknowledgement 2013 - 2014File: ITR13-14.jpg | - |
| form B | - |
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 Valleywoods | - | Completed | Jul 2017 | 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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Universal Developers
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 Temple Tree is delayed beyond 3 Sep 2017?
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 Temple Tree?
The registered promoter entity is Universal Developers, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. 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 Temple 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.
What should I check before booking in Magnolia Temple 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.
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