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The Magic Faraway Tree Phase 2
Total Environment Building Systems Pvt Ltd
Survey no 32 part1 and 33 part 1 and 33 part 2 Kanakapura Road, Tallaghattapura
Approved
15th Oct 2017
Pending
30th Sept 2027
Registration No.
PRM/KA/RERA/1251/310/PR/171015/000424
Acknowledgement No.
PR/KN/170730/000424
Project Type
Mixed Development
Approving Authority
BBMP - Bruhat Bengaluru Mahanagara Palike
District
Bengaluru Urban
Taluka
Bengaluru South
State
Karnataka
Project Details
| Project Name | The Magic Faraway Tree Phase 2 |
| Project Description | The Magic Faraway Tree is a residential cum commercial project located on Kanakapura Main road and is just 200 meters from the Nice Corridor and literally a skywalk away from the upcoming Metro Station. The Project comprises of 4 Residential towers and a commercial block along with amenities. First phase of the project is located on approx 7000sqm of land with one tower comprising of 74 residential units is completed with occupancy certificate obtained. Ongoing phase of the project is located on 8149 sqm of land and comprises of 2 towers with total of 240 residential units. |
| Project Type | Mixed Development |
| Project Status | Ongoing |
| Project Start Date | 02-03-2016 |
| Proposed Project Completion Date | 30-09-2025 |
| Further Extension Date | 30-09-2027 |
| Total Area Of Land (Sq Mtr) | 8149 |
| Total Coverd Area (Sq Mtr) | 3176 |
| Total Open Area (Sq Mtr) | 4973 |
| Estimated Cost of Construction (INR) | 4335800000 |
| Cost of Land (INR) | 103200000 |
| Total Project Cost (INR) | 4439000000 |
| Project Address | Survey no 32 part1 and 33 part 1 and 33 part 2 Kanakapura Road, Tallaghattapura |
| District | Bengaluru Urban |
| Taluk | Bengaluru South |
| Approving Authority | BBMP - Bruhat Bengaluru Mahanagara Palike |
| No of Garage for Sale | 0 |
| Area of Garage for Sale (Sq Mtr) | 0 |
| No of Parking for Sale | 0 |
| Area of Parking for Sale (Sq Mtr) | 0 |
| Extent of development carried till date | 5 % |
| Extent of development pending | 5 % |
| Total amount of money collected from allottee | 200000000 |
| Total amount of money used for development of project | 210000000 |
| Total amount of balance maney lying with promoter | -10000000 |
| Is Any Subsequent Modification in Plan | Yes |
| Is Delay in the Project | No |
| No of Month Delay | 0 |
| Type of Inventory | C20g2 |
| No of Inventory | 4 |
| Carpet Area (Sq Mtr) | 156SqMtr |
| Area of exclusive balcony/verandah (Sq Mtr) | 43SqMtr |
| Area of exclusive open terrace if any (Sq Mtr) | 28SqMtr |
| Road System | Self Development |
| Water Supply | Self Development |
| Sewege and Drainage System | Self Development |
| Electricity Supply Transformer And Sub Station | Local Authority |
| Solid Waste Management And Disposal | Self Development |
| Fire Fighting facility | Self Development |
| Drinking Water Facility | Self Development |
| Emergency Evacuation Services | Self Development |
| Use of Renewable Energy | Self Development |
| Bank Name | RATNAKAR BANK |
| Branch | Residency Road |
| ifscCode | RATN0000156 |
| Account No.(70% Account) | 409000519475 |
| State | Karnataka |
Promoter Details
| Promoter Type | Company |
| Name | Vishal Sureka |
| PAN Number | AABCT9452F |
| Address | No 78 Imagine ITPL Main Road , EPIP Zone Whitefield |
| District | Bengaluru Urban |
| State/UT | Karnataka |
| PIN Code | 560066 |
| Company Registration No. | U45202KA1996PTC020790 |
| Sl No. |
Modification Plan Details
| Type of Inventory | C20g2 |
| No of Inventory | 4 |
| Carpet Area (Sq Mtr) | 156 Sq Mtr |
| Area of exclusive balcony/verandah (Sq Mtr) | 43 Sq Mtr |
| Area of exclusive open terrace if any (Sq Mtr) | 28 Sq Mtr |
Extension Details
| Extension Applied On | 24-09-2024 |
| Extension Approved On | 28-11-2024 |
| Extension Registration Number | EX/PRM/KA/RERA/1251/310/PR/241128/000424 |
| Proposed Project End Date at the time of registration | 30-09-2024 |
| Project End Date provided under Section 6 | 30-09-2025 |
| whether 2/3rd concern from the allottees has taken? | NO |
| Whether any compensation is provided for the Buyer? | NO |
| Document Name | Authorization letter |
| 1 | Force Majeure |
| Document Name_1 |
Project Development Schedule
| Sl No | Project Work | Is Applicable ? | Estimated From Date | Estimated To Date |
|---|---|---|---|---|
| 1 | Earth work and other leveling preparation work | Yes | 01-02-2017 | 31-03-2022 |
| 2 | Foundation footing work | No | ||
| 3 | Retaining wall (All types) | Yes | 01-01-2019 | 30-06-2022 |
| 4 | Plinth level Beam | No | ||
| 5 | Sub-structure flooring (Parking Floor, more than one floor below general ground level) | Yes | 01-09-2018 | 30-06-2022 |
Amenities & Utilities Availability
| SlNo. | Work | Is Applicable ? |
|---|---|---|
| 1 | Water Supply | Yes |
| 2 | Internal Roads & Footpaths | Yes |
| 3 | Sewage and Drainage System | Yes |
| 4 | Parks & Tree planting | Yes |
| 5 | Street Lighting | Yes |
| 6 | Provision for community buildings and for treatment and disposal of sewage and sullage water | Yes |
| 7 | Solid waste management and disposal | Yes |
| 8 | Water conservation | Yes |
| 9 | Energy management | Yes |
| 10 | Fire protection and fire safety requirements | Yes |
| 11 | Education/Health/Other public amenities | No |
Post Registration Details
| WebSite Link 1 | http://www.totalenvironment.in/ |
| Agent Registration No 1 | Property First Realty LLP- AG/KN/171130/001619 |
| FAR Sanctioned | 2.5 |
| Number of Towers | 2 |
| 0 | 0 |
| 1 | 4 |
| 2 | 4 |
| 3 | 4 |
| 4 | 4 |
| 5 | 4 |
| 6 | 4 |
| 7 | 4 |
| 8 | 4 |
| 9 | 4 |
| 10 | 4 |
| 11 | 4 |
| 12 | 4 |
| 13 | 4 |
| 14 | 4 |
| 15 | 4 |
| 16 | 4 |
| 17 | 4 |
| 18 | 4 |
| 19 | 4 |
| 20 | 4 |
| 21 | 4 |
| 22 | 4 |
| 23 | 4 |
| 24 | 4 |
| 25 | 4 |
| 26 | 4 |
| 27 | 4 |
| 28 | 4 |
| 29 | 4 |
| 30 | 4 |
| Total No of Units | 240 |
Appeals & Complaints
| Appeals / FNH | NO APPEALS / FNH |
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