Is MAGNETIC CITY registered under RERA?

Yes. MAGNETIC CITY by RIKA VALLEY is on the public record with RERA Telangana under RERA registration number P01400006870.

When is MAGNETIC CITY due for possession?

The promised completion date on file with RERA Telangana is June 2026. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of MAGNETIC CITY?

MAGNETIC CITY is filed by RIKA VALLEY (Other Than Individual), per its RERA Telangana registration.

Which authority approved MAGNETIC CITY?

The layout permit for MAGNETIC CITY was approved by Directorate of Town & Country Planning (DTCP). This is the sanction of the plan, not confirmation the project was built to it.

Where is MAGNETIC CITY located?

MAGNETIC CITY is located in Peddayapalle, Balanagar, Telangana, as filed with RERA Telangana.

MAGNETIC CITY RERA, Balanagar, Telangana — the public record

Name: MAGNETIC CITY — public record
Creator: RERA Telangana

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Detailed Report

MAGNETIC CITY

P01400006870 · RERA Telangana · https://gethorizon.in/projects/magnetic-city-peddayapalle-balanagar-7n9qxiby

Complete project overview

RERA Telangana · Registration filing

Project name: MAGNETIC CITY
Plots: 331 plots
Plot sizes: 109–524 sq m
Land area: 89,724 sq m

Timeline

RERA approvedJun 2023

Proposed completionJun 2026

TodaySep 2026

Find your plot

Filed by type and size, in the batches the builder registered — not a per-plot listing. Look yours up.

331 of 331 available

TypeArea sq mAvailable

Plot2641 of 1

Plot1881 of 1

Plot1871 of 1

Plot1861 of 1

Plot1721 of 1

Plot2441 of 1

Plot1841 of 1

Plot1831 of 1

Plot1821 of 1

Plot1671 of 1

Plot1621 of 1

Plot1751 of 1

Plot1741 of 1

Plot1731 of 1

Plot1901 of 1

Plot2171 of 1

Plot2521 of 1

Plot2931 of 1

Plot1699 of 9

Plot1861 of 1

Plot2731 of 1

Plot15327 of 27

Plot1403 of 3

Plot2001 of 1

Plot2681 of 1

Plot1701 of 1

Plot138155 of 155

Plot12415 of 15

Plot1795 of 5

Plot1801 of 1

Plot1421 of 1

Plot2051 of 1

Plot2721 of 1

Plot2061 of 1

Plot1661 of 1

Plot1681 of 1

Plot2261 of 1

Plot2361 of 1

Plot1631 of 1

Plot1301 of 1

Plot1351 of 1

Plot1381 of 1

Plot1411 of 1

Plot1441 of 1

Plot1471 of 1

Plot1491 of 1

Plot1522 of 2

Plot1551 of 1

Plot1541 of 1

Plot1381 of 1

Plot1271 of 1

Plot1391 of 1

Plot1351 of 1

Plot1311 of 1

Plot1281 of 1

Plot1241 of 1

Plot12312 of 12

Plot1571 of 1

Plot1091 of 1

Plot2291 of 1

Plot1561 of 1

Plot1234 of 4

Plot1091 of 1

Plot1391 of 1

Plot1534 of 4

Plot2321 of 1

Plot3771 of 1

Plot3341 of 1

Plot5241 of 1

Plot3221 of 1

Plot2861 of 1

Plot2841 of 1

Plot1661 of 1

Plot1111 of 1

Plot1791 of 1

Plot1741 of 1

Plot3871 of 1

Plot1251 of 1

Plot2521 of 1

Plot1677 of 7

Plot1711 of 1

Plot2291 of 1

Plot1801 of 1

Plot1791 of 1

Plot1781 of 1

Plot1791 of 1

Plot1811 of 1

Plot1791 of 1

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. As filed at registration, in the batches the builder declared — not a live booking system.

Builder’s track record

RERA Telangana · Builder registration

RIKA VALLEY

ProprietorshipPromoter type

Ranga Reddy, TelanganaBased in

1Projects

1City

2023–2026Active

Timelineevery project, start → promised completion

MAGNETIC CITY

this project

Plotted Development

Jun 2023registered

Jun 2026target completion

331 plots89,724 sq m

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.

Location

RERA Telangana · Registration filing

The Horizon Radar(within 6 km)

This project
6 new projects last year
87 nearby projects

≈ locality centre · geocoded, verified · 16.9400, 78.1752 · © OpenStreetMap contributors

Locality: Peddayapalle
Village: Peddayapalle
Mandal: Balanagar
District: Mahabubnagar
Pincode: 509385
North boundary: Others land
East boundary: Road
South boundary: Others land
West boundary: Others Land

What’s nearby

SchoolsNo schools within 2km

HealthcareNo hospital within 5km · Clinic within 2km

LifestyleNo parks within 2km

ShoppingNo supermarket within 2km

Getting around

Expressway 842 mRailway line 1.2 kmRailway station 1.8km away (Balanagar)Limited bus connectivity nearby

Water & environment

River 807 mWater body 1.6 km

distances only — not a flood assessment

Declared external development

Roads0%

Water supply0%

Sewerage (Chamber,…0%

Rainwater0%

Green Strip/TOT LO…0%

Street lighting0%

Community Building…0%

Sewage0%

Solid waste0%

Rainwater0%

Renewable energy0%

Fire safety0%

Electricity0%

Aggregate area of …0%

% complete as filed at registration — no progress updates are published, so this is a starting-line snapshot.

Government Guidance Rate

Telangana Registration & Stamps

In Telangana it’s called the market value — the registration department's figure, not a sale price.

₹2,300per sq yd

₹2,751per sq m

₹1,500per sq ft for a flat · same schedule

Which rate: residential (urban)
Matched to: The rate published for the village of “PEDDAYAPALLE”.
In force: effective May 2026

Elsewhere in the same village

AGRI LAND CONVERT IN TO HOUSE SITE 1 3	₹2,751 / sq m	₹2,300 / sq yd
AGRI LAND FIT FOR HOUSE SITE 1 5	₹2,751 / sq m	₹2,300 / sq yd
HOUSE SITE 1 1	₹2,751 / sq m	₹2,300 / sq yd
FACING TO NATIONAL HIGHWAY 2	₹6,458 / sq m	₹5,400 / sq yd
FACING TO NH 1 1	₹6,458 / sq m	₹5,400 / sq yd

The same schedule, published for the places around this one — so the figure above reads in its neighbourhood, not alone.

What this number is — and isn’t

The minimum value Telangana’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.

Planning authority

RERA Telangana · Approved building plan

Directorate of Town & Country Planning (DTCP)

Town & Country Planning (DTCP)

Layout Permit

Survey no. 99/A/2,99/A, 99/A/2/2,100,104

The promised possession date (24 Jun 2026) 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

DTCP

Town & Country Planning · towns & district HQs across Telangana

Has approved 3,737 RERA projects — about 1 in 3 in Telangana, more than any other body in the state.

a plotted-layout market — 32% apartments · 68% plotted layouts. Your plotted layout is this body's core business.

Builders: 2,933
On record: 41,686 flats · 4,33,404 plots
Reach: 287 mandals
Since: 2012

More layout-heavy than Telangana overall — 68% plots here vs 34% 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 Telangana→

Complaints & litigation

RERA Telangana · public record

Complaints register

Not published. RERA Telangana doesn’t publish a complaints register in the record Horizon reads.

So there is nothing to count here — which is not the same as nothing having been filed.

What the builder declared

Declared to RERA Telangana

Litigation: None declared in this filing

Only what the builder declared, or what RERA Telangana records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

Not a clean bill. An empty record means nothing was filed with RERA Telangana, or that this register doesn’t publish it — never that nothing happened.

Other projects nearby

The register · within 25 km

131 plotted projects still under way within 25 km. Step out ring by ring:

Of the 87 projects the radar draws within 6 km — every kind, every stage — 21 are plotted projects still under way. This list keeps only those, and looks further out.

7 projects between 1 and 3 km — showing the nearest 6.

BALNAGARPlotted Development

DREAM CITY

SUN INFRA PROJECTS

Jun 2023registered

Jun 2026target completion

Government Guidance Rate₹2,000/sq ydScale167 plotsAuthorityRERA Telangana

Open the read

MUDA Urban Development Authori…Plotted Development

KC GREEN MEADOWS

KAMARTHY CHANNA VEERAPPA

Jun 2024registered

Jun 2026target completion

Government Guidance Rate₹3,700/sq ydScale85 plotsAuthorityRERA Telangana

Open the read

Balanagar MandalPlotted Development

VASAVI WHITE LOTUS-2

VASAVI REALTY AND DEVELOPERS LLP

Jul 2025registered

Jul 2027target completion

Government Guidance Rate₹2,300/sq ydScale50 plotsAuthorityRERA Telangana

Open the read

BALANAGARPlotted Development

BLOOMINGDALE

CONVES INFRASTRUCTURES

Sep 2025registered

Sep 2028target completion

Government Guidance Rate₹3,700/sq ydScale67 plotsAuthorityRERA Telangana

Open the read

Balanagar MandalPlotted Development

VISTARA

KONREDDY CHANDRA SHEKAR REDDY, PILLI SHANKAR AND MOHAMMED AYUB QURAISHI

Feb 2026registered

Feb 2029target completion

Government Guidance Rate₹1,800/sq ydScale66 plotsAuthorityRERA Telangana

Open the read

RAJAPURPlotted Development

THAPOVANS AROWANA

THAPOVAN LEGACY LLP And Others

Mar 2026registered

Mar 2028target completion

Government Guidance Rate₹600/sq ydScale114 plotsAuthorityRERA Telangana

Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.
Construction progress — RERA Telangana does not publish quarterly progress reports. How far along it actually is cannot be read here.
Complaints — RERA Telangana does not publish a complaints register. This read cannot speak to them either way.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Telangana, as the builder submitted it.
02Builder's track record
- RERA Telangana: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location
- Address and pincode: the RERA Telangana filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, not the exact site.
- 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).
04Government Guidance Rate
- Telangana Registration & Stamps.
05Planning authority
- RERA Telangana: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
- RERA Telangana's public record lists no complaints or litigation for this project.
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/magnetic-city-peddayapalle-balanagar-7n9qxiby.

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.