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Detailed Report

B.M.MAGNOLIA PARK

PRM/KA/RERA/1251/446/PR/180120/001680 · RERA Karnataka · https://gethorizon.in/projects/b-m-magnolia-park-bengaluru-east-s4xcz9z9

01

Complete project overview

RERA Karnataka · Registration filing
Project name
B.M.MAGNOLIA PARK
Towers
2
Land area
19,091 sq m
FAR sanctioned
1.75
Covered area
6,663 sq m
Open area
18,428 sq m

Timeline

Project startedJul 2015
Proposed completionDec 2018
RERA registeredJan 2020
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

B.M.DEVELOPERS

Bengaluru UrbanBased in
1Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
B.M.MAGNOLIA PARK

B.M.MAGNOLIA PARK

this project
Residential/Group Housing
Jul 2015started
Dec 2018target completion
₹644.17 Cr

The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 4 new projects last year
  • 199 nearby projects
exact address · geocoded from the filed address · 13.0069, 77.5339 · © OpenStreetMap contributors
Taluk
Bengaluru East
District
Bengaluru Urban
Address
KHATHA NO 1054/46, HAGADURU VILLAGE WARD NO 84
What’s nearby
Schools3 schools within 1km · 4 educational institutions within 1km · College or university 1.2km away
HealthcareHospital 598m away · 1 clinic within 1km · Pharmacy within 1km
LifestylePark 789m away · Gym or sports centre 1.4km away · Swimming pool within 2km
ShoppingSupermarket 982m away · Mall 1.9km away · Bank 665m away
Getting around
Expressway 766 mPrimary road 1.6 km · Chord RoadRailway line 2.5 kmMetro station 1.6km away (Mahalakshmi)5 bus stops within 500m
Water & environment
Water body 782 m · Nagarbhavi Thorai
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹644.17 Cr declared. What that works out to:

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (31 Dec 2018) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projects — about 1 in 4 in Karnataka, more than any other body in the state.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
1,619
On record
1,14,417 flats · 373 plots
Reach
9 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% apartments here vs 62% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by RERA Karnataka→

07

Other projects nearby

The register · within 25 km

855 residential projects still under way within 25 km. Step out ring by ring:

Of the 199 projects the radar draws within 6 km — every kind, every stage — 32 are residential projects still under way. This list keeps only those, and looks further out.

4 projects between 1 and 3 km — showing the nearest 4.

2.4 km awayApartment

GODREJ TIARA

Godrej Properties Limited · Bengaluru North

Jun 2025started
May 2030target completion
⚠ 1 open complaintDeclared cost₹1000.29 CrScale346 flatsAuthorityRERA Karnataka
Open the read
2.5 km awayResidential/Group Housing

Construction of 300 Houses at Birur Town.

KARNATAKA SLUM DEVELOPMENT BOARD · Kadur

Oct 2021started
Oct 2026target completion
⚠ no escrow declaredDeclared cost₹20.39 CrAuthorityRERA Karnataka
Open the read
2.5 km awayApartment

GOVIANU NAKSHATHRA

Mahesh Govindaraju · Bengaluru North

Apr 2024started
Mar 2027target completion
Declared cost₹21.68 CrScale16 flatsAuthorityRERA Karnataka
Open the read
2.8 km awayApartment

Vista Padmalaya

VISTA SPACES SUN (CHAMPAKA) PRIVATE LIMITED · Bengaluru North

Jun 2024started
Apr 2027target completion
Declared cost₹23.12 CrScale10 flatsAuthorityRERA Karnataka
Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  5. 05Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • Complaints before RERA Karnataka.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/b-m-magnolia-park-bengaluru-east-s4xcz9z9.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.