Risk & red flags
- No high or medium risks found in records checked.
MAGNETS 9 is a plotted development at Devunipally Gram Panchayat, Chinchode Revenue Village, Farooqnagar Mandal, Ranga Reddy District. The registered promoter is Prakash Goenka. The registered site extent is 85,336 sq. m, and the draft layout approval specifies 226 plots; the supplied project data does not state a plot-size schedule or building or floor configuration. TG-RERA registration number P02400004646 was issued on 27/06/2022, and the promoter’s Form B declaration states a proposed completion date of 03-03-2025.
MAGNETS 9 is a plotted development with 120 units across a land area of 85,336 sq m. TG-RERA records the project as new, with proposed completion on 3 July 2027.
The project is configured as plots. Carpet area could not be measured from the approved drawings: both layout sheets are scans pending measurement; the TG-RERA filing's plot units, bookings and saleable area are not provided here. The developer advertises plot sizes of 1,324–3,423 sq ft as built-up area.
| Type | Built-up | Source |
|---|---|---|
| Plot | 1,324 - 3,423 sq ft | aurumproptech |
Disclosed features include internal roads, water supply, sewerage, drainage, street lighting and recreational open space.
The filed address is DEVUNIPALLY GP CHINCHODE REVENUE VILLAGE, PIN 509410, in Chinchode, Farooqnagar, Ranga Reddy district. Shadnagar Bus Station is 0.11 Km away and Hindustan Petroleum is 0.14 Km away.
The promoter is PRAKASH GOENKA; the entity type, count of other registered projects, official website URL and named architect or engineer are not supplied in this section.
The RERA filing states the locality as DEVUNIPALLY GP CHINCHODE REVENUE VILLAGE, while the developer site markets the location as Shadnagar; marketed land-area figures also differ across sources, with 25 acres and 12 Acre shown.
Telangana RERA, as filed by the promoter.
Yes. MAGNETS 9 is registered with the Telangana Real Estate Regulatory Authority as P02400004646; the registration status is New Project.
The promoter named in the RERA registration is PRAKASH GOENKA.
MAGNETS 9 is in DEVUNIPALLY GP CHINCHODE REVENUE VILLAGE, Chinchode, Farooqnagar, Rangareddy, Telangana (509410).
The promoter's proposed date of completion filed with RERA is 03/07/2027. This is the promoter's declaration, not a guarantee.