RERA project · Residential/Group Housing

MAGNOLIA PHASE-2

by N D Ventures · 202 homes · 2.07 acres · 7 towers · Bengaluru East

Delivered late Completed: the builder filed for completion on 31 Mar 2026, 90 days after the date it first promised.

Location report

At a glance

Was it on time?Delivered late

Completed late

The builder filed for completion on 31 Mar 2026, 90 days after the date it first promised.

How much is sold?Unknown

Not reported

The builder has not filed bookings on RERA.

How crowded is it?More crowded

97 homes per acre

Similar projects across the city: 76 per acre. 50% of the land is left open.

Any complaints?See the list

1 complaint

Complaints to RERA about this project.

Any legal cases?Unknown

Not stated

The RERA page doesn't say.

What is the builder's record?2 due so far

0% on time

Of its 2 RERA projects in Bengaluru Urban: 0 delivered on time, 2 late (after the date first promised).

These answers come from the builder's own filings on RERA Karnataka and RERA's records. They are not checked on site; each section below shows the detail.

Was it delivered on time?

Work started19 Jun 2020
Approved by RERA2 Jul 2021
Completion filed31 Mar 2026
The builder told RERA the project is complete. Ask for the occupancy certificate before moving in.

No quarterly construction update is filed on this project's RERA page.

CaveatDates from the RERA Karnataka project list, 24 Oct 2026. Progress as the builder reports it each quarter, certified by its architect and engineer; not checked on site.

What's being built?

2BHK

645 sq ft

60 m² carpet

38 m² land share · 18 m² balcony/terrace · 1 parking space

202 homes · 100% of the project

Sizes from the builder's flat-by-flat list on RERA: the size most homes of each type have, and the range. Carpet area is the floor area inside the walls of a home, the figure RERA requires builders to sell by. Land share (the undivided share) is the part of the land that comes with each home.

Towers

A4 floors

B4 floors

C4 floors

D4 floors

E4 floors

F4 floors

Club House4 floors

A: 16 homes · B: 32 homes · C: 32 homes · D: 40 homes · E: 48 homes · F: 32 homes · Club House: 2 homes

Amenities

Electricity
CCTV Surveillance
Club House
Community Hall
Swimming Pool
Gym
Parks
Power Backup
Water and Sanitation

CaveatAs registered by the builder on RERA Karnataka.

How crowded is it?

Homes per acre

This project97

Typical in the city (3,044)76

Fewer homes on each acre usually means less crowding: less traffic, quieter common areas.

Land left open

This project50%

Typical in the city (3,151)56%

The share of the land not built on, which includes roads.

Land: 2.07 acres
Ground covered by buildings: 50% of the land

CaveatAs registered on RERA Karnataka. "Typical" is the median of active residential/group housing projects with a land area on RERA; the comparison is ours.

Who is building it?

All 2 RERA projects of N.D Ventures on the map

The company

Registered as: N D Ventures
Type: Partnership Firm
PAN: AANFN8597Q

CaveatFrom the builder's own filings on this project's RERA page; complaints from RERA's list.

Paperwork and legal

Registered with RERAPRM/KA/RERA/1251/446/PR/210702/004168 · Approved
Building plan approvedBBMP - Bruhat Bengaluru Mahanagara Palike
Litigation on the landNot stated
Litigation on the projectNot stated

Complaints to RERA about this project

Booking amount refund 2 Aug 2022 · Disposed Authority Bench5

Documents

104 files on the RERA page: Approved plan ↗, Brochure ↗.

CaveatAs filed on RERA Karnataka. Complaints are listed without the names of the people who filed them.

Project cost

Land: ₹14.0 cr
Construction: ₹26.0 cr
Total project cost: ₹40.0 cr

CaveatCost as certified by the builder's chartered accountant at registration.

What's around it?

This project lists no location on RERA, so there is no location report for it.