36 Park Avenue Phase III
K-RERA · the public record
B.M.MAGNOLIA PARK
Bengaluru East · B.M.DEVELOPERS
Is this the right project?
Which home should you choose?
Read the free RERA facts below. For help choosing a home or comparing a price, select a report.
From another project · Prestige Park Grove
Avoid bad decisions, only go for the best homes.
Read the complete sample: unit choices, layout illustrations, important risks and questions for the builder. Its findings concern the named sample, not this project.
Read the Project Review sample ↗
From another project · Prestige Park Grove · earlier comprehensive example
A larger advertised area. Almost the same carpet area.
In Tower 14, E4 has 141 sq ft more saleable area than E2. Its carpet area is only 0.46 sq m larger. The report puts the two layouts side by side.
This longer example shows the depth of research available in Project Deep Dive. These findings concern the named sample, not this project.
Read the Prestige Park Grove sample report ↗
31 Dec 2018declared completionK-RERA registration · read 25 Oct 2026
525registered unitsK-RERA registration · read 25 Oct 2026
Free project details
Registration read 25 Oct 2026Registered units and project size
Filed categories, unchanged · K-RERA registration · read 25 Oct 2026
The whole registration
4.7registered acres
111.3registered units per acre
The average covers the registered land and all registered unit types. It does not describe the space, outlook or surroundings of an individual unit.
RERA details for B.M.MAGNOLIA PARK
K-RERA · PRM/KA/RERA/1251/446/PR/180120/001680
Project facts and comparisons
On the register
Declared completion31 December 2018
Land area19,091 sq m (4.7 acres)
Homes registered525
Tower/wing entries2
In context
Density111.3 homes per acre
Density in context91st percentile of 1123 Bengaluru East projects (median 75.5)
Source: K-RERA. Each comparison names the group of projects used.
Project areas, parking and inventory
Project areas and parking
RERA filing| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 525 | Total inventory registered with K-RERA. |
| Registered land area | 19,091 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 1.75 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered tower/wing entries | 2 | Official tower/wing count in the K-RERA detail page. |
| Parking total (reconciled) | 525 | Separate filed counts; these categories may overlap and are not added together. |
| Open-parking field | 0 | Separate filed counts; these categories may overlap and are not added together. |
| Garage field | 0 | Separate filed counts; these categories may overlap and are not added together. |
| Project start date | 29-07-2015 |
Official inventory & towers
RERA filingK-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| ASPEN | 4 | 215 | 215 | - |
| CEDAR | 4 | 310 | 310 | - |
Legal, Approvals & Project Team
Litigation & compliance
RERA filingLitigation status was not supplied in the captured record. This is not confirmation that there are no cases.
8 of 15 compliance document slots are filed as Not Applicable; the remaining 7 slots have usable uploaded filings.
No completion certificate (OC) on file yet — project has not been declared complete.
⚠ Registration validity has lapsed: originally due 31 Dec 2018 — which has passed with no OC on file.
Approval documents
Electricity (BESCOM/ESCOM)Not identified in the document list
Water & sewage (BWSSB/KWSSB)Not identified in the document list
Fire NOCNot identified in the document list
Pollution control (KSPCB)Not identified in the document list
Environmental clearanceNot identified in the document list
Airport Authority height clearanceNot identified in the document list
A listed file does not confirm approval. An unlisted file does not establish that an approval is missing or required. Check the documents and their applicability before relying on them.
K-RERA enforcement record (the regulator's own defaulter list & penalty orders)
⚠ Listed on K-RERA's official DEFAULTER list.
K-RERA complaint orders (7 complaints against a project of this name on K-RERA's orders register)
| Parties | Relief sought | Disposal | Order date |
|---|---|---|---|
| MR ABHISHEK KUMAR AND ANOTHER vs M/S.B.M.DEVELOPERS AND ANOTHER | To provide the compensation or complete the project with all pending works and handed over to me as soon as possible without any demand or excuse. | AUTHORITY | 29/11/2024 |
| GAGARIN DAS vs B.M.DEVELOPERS | Expecting with project completion as per the Broucher and delay compensation. | AUTHORITY | 25/06/2022 |
| Siba vs B.M.MAGNOLIA PARK | Project is Delayed, there is no OC, CC, Permanent Power and Ameneties as per the Agreement | AUTHORITY | 23/07/2024 |
| NUNE PRASAD BABU & VALLAMKONDU VIJAYA LAKSHMI vs B M DEVELOPERS | I request to Refund Of the Extra Amount That Builder Forced Me To Purchase for my flat work and Bank Interest/delay compensation as per agreement | AUTHORITY | 16/11/2023 |
| Priyabrata Parida vs B.M.MAGNOLIA PARK | I want the compensation for all delay with project completion. And builder should provide the OC as per the Deed. | AUTHORITY | 08/07/2024 |
| K V Lakshmi Narayana vs B.M.MAGNOLIA PARK | All amenities to be provided including CC and OC | AUTHORITY | 08/07/2024 |
| Podugu SrinivasRao vs B.M.MAGNOLIA PARK | Expecting a Compensation for the delay of the project and Expecting the completion of project with in 3 months of time. | AUTHORITY | 08/07/2024 |
⚠ Matched by PROJECT NAME (the orders register carries no registration number) — confirm the respondent above is this project's builder before relying on it.
Complaints on this project's K-RERA page (3 complaints listed against this promoter)
| Complaint | Subject (as filed) | Project | Status |
|---|---|---|---|
| CMP/220314/0009120 14-03-2022 | Project is Delayed, there is no OC, CC, Permanent Power and Ameneties as per the Agreement | B.M.MAGNOLIA PARK | DISPOSED AUTHORITY BENCH5 |
| CMP/220321/0009170 21-03-2022 | Expecting with project completion as per the Broucher and delay compensation. | B.M.MAGNOLIA PARK | DISPOSED AUTHORITY BENCH5 |
| CMP/220321/0009171 21-03-2022 | Project work Stopped without any Aminities, Permanent power and OC/CC. | B.M.MAGNOLIA PARK | DISPOSED AUTHORITY BENCH5 |
Listed on the project's own K-RERA detail page (registration-exact source). Rows on the promoter's other projects are track-record context — read the subject text, it is the complainant's own filed wording.
Builder track record
RERA filingDevelopers has 62 other K-RERA-registered projects in our records — grouped across the several project-specific entities this developer registers under (e.g. this project is filed as “Developers”) (average reported construction progress 81%). 19 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder. That is a lower delayed rate than the K-RERA average across Bengaluru on the same measure.
Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.
Financials & Construction Progress
Financial disclosures
RERA filing⚠ No quarterly financial disclosures (collections, escrow withdrawals) on record, despite no completion certificate yet — meaning we can't verify the project's cashflows against its construction progress. Worth asking the builder directly why no quarterly filings are available.
Declared construction cost ÷ registered units averages to ₹12.3 lakhs per unit — the developer's own declared construction/development cost, not a unit agreement or asking price. This project-cost average cannot establish whether a quoted unit price is fair. Compare the exact unit, area basis, date and included charges in any price evidence.
RERA 70% project account is on file: Allahabad Bank KORAMANGALA (IFSC ALLA0212522, a/c …5267). RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.
Location & Connectivity
The nearest of the listed job hubs is about 2 km in a straight line from the mapped location. Road distance and travel time will differ.
| Landmark | Straight-line |
|---|---|
| Whitefield IT hub | 2 km |
| Bellandur–Marathahalli belt | 9 km |
| MG Road / city centre | 17 km |
| Outer Ring Road / Manyata | 18 km |
| Electronic City | 18 km |
| Kempegowda Int'l Airport | 26 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.