Frequently Asked Questions
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Magnolia Rain Tree is a premier residential plotted development project located in the serene locality of Bidadi, Ramanagara, Bengaluru. This expansive project spans over 10 acres and features a total of 168 residential plots, designed to cater to the needs of modern families. The project is strategically positioned to offer excellent connectivity to major highways and urban centers, making it an ideal choice for those seeking a peaceful yet connected living environment.
The project emphasizes a sustainable lifestyle with features such as rainwater harvesting systems and energy-efficient designs. Residents can enjoy a well-planned community with ample green spaces, parks, and recreational areas, ensuring a balanced lifestyle. The infrastructure is designed to support a comfortable living experience, with provisions for essential services and amenities.
Magnolia Rain Tree is developed by Universal Developers, a reputable name in the real estate sector known for their quality and timely deliveries. The project is approved by the Karnataka Real Estate Regulatory Authority (RERA), ensuring transparency and accountability in the development process. This makes it a promising investment opportunity for those looking to build their dream home in a thriving locality.
Explore our list of frequently asked questions to find answers to common inquiries about this project.
Magnolia Rain Tree is a residential plotted development project located in Bidadi, Ramanagara, Bengaluru, featuring 168 residential plots.
The project offers plots ranging from 111.4 to 407.1 sqft.
The project is developed by Universal Developers, a reputable name in the real estate sector.
The project is located in Bidadi, Ramanagara, Bengaluru, providing excellent connectivity to major highways and urban centers.
Residents can enjoy a well-planned community with ample green spaces, parks, and recreational areas.
Yes, the project is approved by RERA and developed by a reputable company, making it a promising investment opportunity.
Karnataka Real Estate Regulatory Authority
PRM/KA/RERA/1270/302/PR/270922/005277
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When considering a builder for your next property investment, it's crucial to scrutinize their track record in terms of customer satisfaction and legal disputes. In this blog post, we'll delve into the case history of Universal Developers, highlighting their legal challenges, outcomes, and what potential buyers should keep in mind.
Universal Developers has engaged in the real estate market with an active presence in Goa. Despite their operations, they have faced a total of two complaints, resulting in a split decision with one case won and one case lost. This sets the stage for potential buyers to evaluate their reliability and the quality of services provided.
Cases Lost:
In the sole case against them that resulted in a loss, a complainant alleged that Universal Developers sold a common area to a third party, which was a crucial issue as it raised concerns over the amenities and accessibility that were promised. The builder defended their actions by asserting that they adhered to the RERA Act and that the matter was beyond the authority's jurisdiction. Ultimately, while the authority ruled in their favor regarding the compliance with the RERA Act, the underlying issue of common area mismanagement reflects a potential risk for residents.
Cases Won:
Conversely, Universal Developers emerged victorious in a case where the complainant sought compensation due to a lack of amenities. The builder's response hinged upon the presence of an arbitration clause in the agreement, which led to the dismissal of the complaint. This indicates that the builder is legally equipped to invoke arbitration, potentially steering disputes away from public courts, though it also raises questions about the fulfillment of promised amenities.
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