Magnetic City
MAGNETIC CITY is a plotted development in Peddayapalle, Balanagar Mandal, Mahabubnagar District. The registered promoter is RIKA VALLEY. The project has a registered land area of 89,724 sq. m and a tentative layout approval for 331 plots; building count, floors and configurations are not disclosed. It is registered with TG-RERA as P01400006870, with a proposed completion date of 30/11/2026.
At a glance
- RERA registration
- P01400006870; registration certificate Form ‘C’, issued 05/09/2023, valid 05/09/2023–24/06/2026. No extension is recorded in the supplied certificate.
- Promoter
- RIKA VALLEY, identified in the project record as a proprietorship.
- Site area
- 89,724 sq. m (land details in the RERA record).
- Building permit
- MUDA Urban Development Authority; the RERA project record lists DTCP as “Authority Name.”
- Booked / available
- Not established in the supplied data.
- Construction stage
- No independently verified site-progress measurement is supplied. The RERA amenity records show 0% for listed items
The full project file
Description
Magnetic City is a plotted development with 331 plots across 89,724 sq m of land. It is registered with TG-RERA as a new project, with completion proposed for 30 November 2026.
- Project type
- Plotted DevelopmentRERA filing
- Units
- 331proptiger
- Land area
- 89724 sq mRERA filing
- Possession
- 30/11/2026RERA filing
- Status
- New ProjectRERA filing
Configurations & sizes
The approved layout drawing shows plot sizes from 108.77 to 524.41 sq m (130.1 to 627.2 sq yd), measured from the drawing rather than disclosed by RERA; the software-derived measurements and plot schedule should be verified against the drawing. The TG-RERA filing’s units, bookings and saleable-area figures for configurations are not provided in the digest.
| Type | Built-up | Saleable | Source |
|---|---|---|---|
| 3 & 4 BHK | 1,194 - 5,645 sq ft | housing | |
| Plot | 1,194 - 5,645 sq ft | proptiger |
Amenities
The disclosed project features include landscaped open space and basic site infrastructure.
- Green Strip/TOT LOT/Park
- Meter Room
- Landscape Garden and Tree Planting
Location & connectivity
The project is in Peddayapalle, Balanagar mandal, Mahabubnagar district. Nearby places and distances are not disclosed.
Promoter
RIKA VALLEY is the promoter, registered as a proprietorship. Its official website and count of other registered projects are not disclosed; BASITH ALI is named as architect and DAMA KRUPANAND as structural engineer.
Additional details
Sources & web results
- Rika Magnetic City in Peddayapalle, Hyderabadproptiger.com
- Rika Magnetic City in Peddayapalle, Mahabubnagarhousing.com
- MAGNETIC CITY Ranga Reddy – RERA No. P01400006870aurumproptech.in
- Rika Magnetic City - Peddayapalle, Mahabubnagar99acres.com
- Rika Valley Proprietorship Magnetic City in Peddayapalle ...aurumproptech.in
- ghar.tv
Public RERA registration record
Telangana RERA, as filed by the promoter.
- Registered name
- MAGNETIC CITY
- Developer / Promoter
- RIKA VALLEY
- Project type
- Plotted Development
- RERA Registration No.
- P01400006870
- Registration Status
- New Project
- Approved on
- 26/06/2023
- Proposed completion
- 30/11/2026
- Approving authority
- DTCP
- Total site area
- 89,724 sq m (22.2 acres)
- Approved built-up area
- 51,280 sq m (12.7 acres)
- Locality
- Peddayapalle, Peddayapalle
- Mandal
- Balanagar
- District
- Mahabubnagar
- PIN code
- 509385
- Documents on File
- 13
Frequently asked questions
Is MAGNETIC CITY registered with Telangana RERA?
Yes. MAGNETIC CITY is registered with the Telangana Real Estate Regulatory Authority as P01400006870; the registration status is New Project.
Who is the developer of MAGNETIC CITY?
The promoter named in the RERA registration is RIKA VALLEY.
Where is MAGNETIC CITY located?
MAGNETIC CITY is in Peddayapalle, Balanagar, Mahabubnagar, Telangana (509385).
When will MAGNETIC CITY be completed?
The promoter's proposed date of completion filed with RERA is 30/11/2026. This is the promoter's declaration, not a guarantee.