The Grove By Magna

This project, on the record

The comparable facts of this project, from its own RERA registration record. Each context percentile names its exact comparison set, drawn from Quietlist’s full register store. The paid report adds drawing-read rows to this same table — what the filed plans show about the site, its edges and the unit layouts.

Values as crawled from the official K-RERA record; context percentiles name their comparison population.

Official Registry Facts

Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.

Legal, Approvals & Project Team

No litigation declared on this project's K-RERA filing.

All 21 standard compliance document slots have usable uploaded filings.

No completion certificate (OC) on file yet — project has not been declared complete.

Clean approvals profile: every applicable statutory NOC is on file. Nothing is outstanding among the statutory NOCs — which compliance documents are filed versus still under process is a separate matter, covered in Litigation & compliance above. Note Fire NOC, environmental clearance and pollution-control clearance (KSPCB) are not among the approvals K-RERA marks applicable to this project — if the named-approvals check shows them as "not found in catalog", that is why; ask the builder directly whether they apply here. Since these are developer-filed portal statuses, have your lawyer confirm them against the linked NOC copies.

9 further authority slots are marked not applicable by the regulator.

K-RERA names 2 project professional/vendor rows across Chartered accountant, Engineer. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.

Financials & Construction Progress

Latest quarterly filing (2026-Q1): ₹0.00 Cr collected from buyers, ₹0.08 Cr withdrawn from the project's escrow account. This quarter the escrow withdrawal (₹0.08 Cr) exceeded buyer collections (₹0.00 Cr) — worth asking the builder to reconcile against certified construction milestones, which is what RERA requires escrow draws to track.

• Construction progress moved from 50% to 75% across the filed QPR window.
• The builder has drawn 0.66x of buyer collections from escrow (about 66% of the ₹2 Cr collected) — money is largely staying in the regulated escrow account rather than being pulled out ahead of spend, which is the safer direction. A ratio near or above 1.0 would be the one to scrutinise.
• In the latest QPR, escrow withdrawal exceeds buyer collections for that quarter. This can be normal if prior balance existed, but it needs a clean explanation.

QPR figures are developer-filed quarterly disclosures. Collections and withdrawals are not a project valuation; they are a sanity check for whether sales, construction progress, and escrow draws appear directionally aligned.

The estimated cost above is the developer's declared construction cost only (K-RERA's own label: "Estimated Cost of Construction as certified by Engineer") — it excludes land cost, so it isn't comparable to the buyer-collection figures below or to a sale price.

RERA 70% project account is on file: HDFC Millers Road, Bangalore IFSC Code : HDFC0001208 Pin Code : 560052. 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 major job hub is ~9 km away — a manageable everyday commute to a major job hub.

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.