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Registration approved Plotted Development project

MANYA MAGNAVILLE

By M MOHAN REDDY

RG-KA-70755 · RERA PRM/KA/RERA/1251/310/PR/180130/002286

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Sep 2021Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 36 documents Report an error

MANYA MAGNAVILLE is a Plotted Development project by M MOHAN REDDY in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/310/PR/180130/002286 on 30 Jan 2018. Possession is promised by 30 Sep 2021. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameMANYA MAGNAVILLE
  • TypePlotted Development
  • Location
    • Bengaluru South
    • Bengaluru Urban
  • PincodeNot stated
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1251/310/PR/180130/002286
  • ReraGenie IDRG-KA-70755

Builder

  • NameM MOHAN REDDY
  • Entity typePartnership Firm
  • Authorized SignatoryN JAGAN MOHAN REDDY
  • Other registrations1 more →

Key dates

this monthRegisteredJan 2018First promiseDec 2020Revised toSep 2021

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on30 Jan 2018
  • Promised completion30 Sep 2021
  • Revised completionRevised to 30 Sep 2021 (originally 31 Dec 2020)
  • BuildingsNot stated in filing
  • Documents filed36 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.

Land area19,323 sq m
Named landownersNone

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 5.50 cr

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionDec 2020 → Sep 2021

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed36

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/1251/310/PR/180130/002286 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: Firm Registration001.pdf-
Layout Sanction Letter001-
Layout Sanction Plan-
Layout Sanction Plan-
Draft Sale Deed-
Draft Sale Agreement-
saledeed_venkatarama-
Layout Sanction Plan-
Layout Sanction Plan-
Draft Allotment Letter-
MANYA Layout brochure compressed-
MANYA Layout brochure compressed-
Encumbrance001-
Layout Site khatas-compressed-
JDA Manya MagnaVille001-
Conversion order001-
Layout Sanction Plan-
Layout Sanction Plan-
Conversion order001-
Balance Sheet 2016 - 2017File: balance sheet -2016.pdf-
Balance Sheet 2015 - 2016File: BALANCE SHEET - 2015.pdf-
Balance Sheet 2014 - 2015File: BALANCE SHEET - 2014.pdf-
Audited Profit and Loss Statement 2016 - 2017File: profit & loss - 2016.pdf-
Audited Profit and Loss Statement 2015 - 2016File: PROFIT & LOSS - 2015.pdf-
Audited Profit and Loss Statement 2014 - 2015File: PROFIT & LOSS - 2014.pdf-
Director's Report 2016 - 2017File: Director's Report.jpg-
Director's Report 2015 - 2016File: Director's Report.jpg-
Director's Report 2014 - 2015File: Director's Report.jpg-
Auditor's Report 2016 - 2017File: auditor reprt - 2016.pdf-
Auditor's Report 2015 - 2016File: AUDITOR REPORT - 2015.pdf-
Auditor's Report 2014 - 2015File: Auditor Report.jpg-
Income Tax Return Acknowledgement 2016 - 2017File: income tax -2016.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: INCOME TAX - 2015.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: INCOME TAX - 2014.pdf-
Declaration Form B Final-
Plot Excel SheetFile: PRM_KA_RERA_1251_310_PR_180130_002286 (2).xlsx-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

2 kmMANYA MAGNAVILLEOther 17Dot size: filed unitsN

Filed coordinates, straight-line distance. 17 registered projects within 2 km.

Builder: M MOHAN REDDY

M MOHAN REDDY has 2 registrations on RERA Karnataka, including MANYA MAGNAVILLE and MANYA ELITE. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if MANYA MAGNAVILLE is delayed beyond 30 Sep 2021?

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 MANYA MAGNAVILLE?

The registered promoter entity is M MOHAN REDDY, 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 MANYA MAGNAVILLE?

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 MANYA MAGNAVILLE?

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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About MANYA MAGNAVILLE. 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.

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