36 Park Avenue Phase III
RERA Property Intelligence Report · Preview
B.M.DEVELOPERS · Bengaluru East · K-RERA PRM/KA/RERA/1251/446/PR/180120/001680
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
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.
| 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 towers/wings | 2 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 525 total (0 open) — 1.00 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Project start date | 29-07-2015 |
K-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 | - |
What the numbers tell you
Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.
🔒 Unit-by-unit guidance · Unit Guidance report
Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.
🔒 Full records — land title, amenities paperwork & document catalog · Compliance report
The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.
No litigation declared on this project's K-RERA filing.
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.
Named utility/regulatory approvals
"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.
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/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 |
| 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 |
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.
Developers has 60 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 75%). 16 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.
⚠ 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 sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.
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.
The nearest major job hub is ~2 km away — walking/short-hop distance to a major employment hub — a genuine work-near-home location.
| 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.
Should you buy in B.M.MAGNOLIA PARK?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Built by Developers.
Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.
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Last checked against the RERA register: 27 Jul 2026