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BM Magnolia Park apartment project in Whitefield

Replies (6)
1
How is the construction quality
subhransu


2
I m subhransu.Bala i also bought.pls call me 8095153444
subhransu


3
I've signed the agreement for 3 BHK in rear block. Project is approved from BBMP. Project is good for a reasonable rate at a good location in whitefield,
payal


Hi Payal, What about Occupancy Certificate? Is the builder going to provide OC and CC?
bala govind,  Bangalore
26th May 2015


4
Has anybody gone ahead and sign the agreement? I believe the project will not have OC which is now mandatory due to violation in construction like illegal balconies etc..
Prashant


Hi Prashant, Did you talk with the builder about OC? I do not think it will be a good idea to buy a property which does not have OC. It can be risky.
bala govind,  Bangalore
13th May 2015


The Karnataka Chief Minister said that the government plans to take stringent action against those errant builders flouting building bye-laws by not providing home buyers with an Occupancy Certificate. So be careful
Dipten,  Bangalore
13th May 2015


5
Are they going to provide A Khata for the project? Which all banks are providing home loan for it?
bala govind


Hey, Recently I have inquired about the project and it was told to me that A Khata is there for the land and after construction it will be B Khata property. Banks which have approved the project are LIC, SBI, and Indian Overseas Bank.
Murali Krishnan,  Bangalore
23rd April 2015


6
BM Magnolia was launched in August 2014. For rear block the possession is by September 2015 and for front block the possession is by September 2016.
Murali Krishnan


How much is the rate per sqft going on and is it a BBMP approved project? Cauvery water connect is there?
bala govind,  Bangalore
24th April 2015


The rate per sqft they are quoting is Rs 2850 and the project has got approval from BBMP. Cauvery water connection is not yet there so for water supply they are giving borewells.
Murali Krishnan,  Bangalore
24th April 2015


7

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