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Last updated: Nov 3, 2022

Magnolia Magnet

RERA
By Magnolia Infrastructure Development Ltd
Mahommadpur, Opposite DPS Megacity, New Town, Kolkata
Become the first to Rate
29.75 L - 40.18 L₹3.5 K/sq.ft
Price excludes maintenance, floor rise cost, stamp duty, registration, GST etc.See More
Gallery Cover Pic of Magnolia MagnetGallery Cover Pic of Magnolia Magnet
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3D Tour Of Magnolia Magnet
+ 51 more
2, 3 BHK Apartments
Configurations
Sep, 2021
Possession Starts
₹3.5 K/sq.ft
Avg. Price
850 - 1148 sq.ft.
(Saleable Area)
Sizes
Overview/Home
Highlights
Around This Project
More About Project
About Project
Recommended Properties

Why Magnolia Magnet?

Good investment opportunity
Modern amenities like landscaped gardens, swimming pool, olympic size swimming pool, tree plantation
Schools, malls, hospitals, restaurants are some of the civic amenities
Property Location
Mahommadpur, Opposite DPS Megacity, New Town, Kolkata
Around This Project
School
Delhi Public School Megacity
5 mins
(2.4 km)
Hospital
Tata Medical Center
6 mins
(2.9 km)
Railway Station
Rabindra Tirtha Metro Station
6 mins
(4.4 km)
Restaurant
Domino's Pizza
4 mins
(1.6 km)
Mall
Centrus Mall
2 mins
(1 km)
View more on Maps

Magnolia Magnet Overview

Sizes
850 - 1148 sq.ft.
Project Size
1 Building - 36 units
Launch Date
Jun, 2017
Avg. Price
3.5 K/sq.ft
Possession Starts
Sep, 2021
Configurations
2, 3 BHK Apartments
Rera Id
HIRA/P/NOR/2018/000158
Check RERA Status
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More About Magnolia Magnet

Magnet is an upcoming housing project from Magnolia Infrastructure Development Limited. This project is located at New Town in Kolkata.
This property is surrounded by landscaped gardens and also has badminton courts for the sports enthusiasts. It takes into account the major lifestyle amenities as well.
The project offers 36 units of 2 and 3 BHK apartments whose sizes range from 850 to 1,148 square foot. It is just 24 minutes away from Netaji Subhas Bose airport. Both bus and railways facilities are just minutes away, making it easier to commute.
Show More About Project

Price & Floor Plan

  • 2 BHK
    Apartment
    29.75 L - 31.36 L
  • 3 BHK
    Apartment
    38.64 L - 40.18 L
  • 850 sq.ft
  • 853 sq.ft
  • 854 sq.ft
  • 858 sq.ft
  • 869 sq.ft
₹ 29.75 L
3D2D
EMI starts at ₹15.75 K
Explore 3D Interactive Floor Plan
Bedroom 1
Attached Bathroom with Bedroom 1
Bedroom 2
Common Bathroom
Passage
Kitchen
Drawing/Living Room
Attached Balcony with Living Room

Photos & Videos: Tour this project virtually

Project Tour & Photos
3D Tour Of Magnolia Magnet
Photo
Photo
+50
Photo

Project Amenities

Children's Play Area
Entrance Lobby
Recreation Facilities
Solid Waste Management And Disposal
Swimming Pool
Vastu Compliant
Landscaping & Tree Planting
Lift(s)
Badminton Court
24x7 CCTV Surveillance
Kid's Pool
+13 more

Project Specifications

Floor & Counter

Living/Dining Vitrified Tiles
Master Bedroom Vitrified Tiles
Other Bedroom - Vitrified tiles in common bedroom, children bedroom and kitchen
Kitchen Ceramic tile dado
Toilets Ceramic Tiles
Balcony Ceramic Tiles

Fitting

Electrical Concealed copper wiring
Toilets Parryware or Equivalent Sanitary Fittings, Wash Basin
Kitchen Black Granite Platform, Stainless Steel Sink
Windows Anodized Aluminium Sliding

Wall & Ceiling

Interior POP Finish
Exterior POP Finish
Kitchen Ceramic Tiles Dado up to 2 Feet Height Above Platform
Toilets Glazed Tiles Dado

Resident reviews for

New Town
4.7/5
Project
Locality

Tips

Now you can see Rating & Review in one place for both Project & Locality!

Ratings based on features

4/5

Connectivity

4/5

Neighbourhood

4/5

Safety

4/5

Livability

Good things here

Autos and Cabs easily available
Great Schools nearby
Safe in the night

Things that need improvement

Dimly lit streets
Hospitals far away
Public transport inaccessible

All resident reviews (217 reviews)View All

Rajib Karmakar

Owner | 1 week ago

5

Good things here

No sacristy of water. Excellent transportation. Totally safe and crime free. Adjacent to the 18-Tala market. Pre-paid electricity meter from HIDCO. Situated just beside Jal Vayu Towers (Army & Navy Society). Excellent road condition and no congestion and water logging. 24x7 Power backup. 6 to 7 good schools are very near to the Society. read more

Things need improvement

There is nothing to dislike about Society in particular. It does not have a swimming pool. I must say that it is an excellent society to live in and the monthly charges are very nominal. read more

gunjan agarwal

Tenant | 3 weeks ago

4.5

Good things here

school hospitals and local market are easily accessible at walkable distance Autos cabs and public transport are easily accessible no clogging of water during monsoon season the quality of road is well maintained No frequent power cuts or water shortage faced which makes this place best read more

Things need improvement

The main things i disliked about this place are dim street lights are present and roads are not at all wide and spacious also this place is not quite traffic is generally seen on roads and in this locality Also the place is alone and lonely at nights crime rates are concerning read more

Pramod

Lived before | 4 weeks ago

5

Good things here

I lived here in this amazing vibrant atmosphere locality. This place is also known as Solar City of the town. The area is administered by NKDA. Major companies and IT hubs are located in and around this place. You can easily find big shopping malls, zero power cut, cctv cameras, banks, ATMs, public parks, food courts, fitness cares, health clinics and many more. This is beautiful place for spending some good outing time with friends and family. Public transport are well arranged including metro and city buses. It's one of the nicest and beautiful place around Kolkata city. It's extra joy for Bengali people like me to lived here as people nearby are so welcoming here. Nearby police station maintain security of the locality very much to satisfaction level. It is also famous for celebrating grand puja of Lordess Maa Durga. If you're planning to stay in Kolkata this is the place to be in. read more

Things need improvement

Hot and humid climate can really be annoying. This place also lack small market place so often we have to travel a longer distance. During peak working hours traffic congestion is a common issue. Street lights condition could also improved. Apart from every concerns it's still a nicest place to get some joy and happiness. read more

Pk Dey

Owner | 1 month ago

4.3

Good things here

this place is good connectivity like metro ,cab and auto easy available. good maintenance in road .good hospital and good school available here. available CCTV camera in road and houses. read more

Things need improvement

this place is frequently traffic jam and parking issue . this place is not quite and clam. bus, track traffic sound is irritating. read more

Komal Agarwal

Lived before | 1 month ago

4.3

Good things here

Newtown Kolkata is a well modern well planned area with excellent infrastructure and regular water with no power cuts. Low crime rates safer to live , street lighting is good even after 9pm. read more

Things need improvement

traffic can be issue during office hours leading to delays some areas under development lack greenery, one of the crowded place during festivals. read more

View All

217 Reviews

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Price Trends for New Town

(Apartments)
21.91%
appreciation in avg. price / sq.ft for New Town in last 1 year

+

ADD MORE

to compare

Locality(Apartments)
New Town
21.91%
Last 1 Year
₹7.8 K/sq.ft
Avg. rate
Is this helpful?

Project Brochure

Magnolia Magnet Brochure 1
Magnolia Magnet Brochure 2
Magnolia Magnet Brochure 3
Magnolia Magnet Brochure 4
Magnolia Magnet Brochure 5
View Brochure
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Explore Neighbourhood - Map View

Locality Guide
for New Town, Kolkata

Share
cover
Locality Overview Video
AA community market
Grill N Cafe
Biswa Bangla Convention Centre
Acharya  Tulsi Academy Orchids The International School
+
79 More
New Town is a developing employment zone located in East Kolkata along with Salt Lake Sector V. The area mainly consisted of huge acres of cultivable lands and water bodies, which have been acquired and developed in a planned manner. Prominent localities placed closer to New Town include Rajarhat, Kestopur, Salt Lake, Baguiati, and Lake Town. Nearby Job hubs draw job seekers to the locality. The area comprises a blend of residential developments, commercial cum retail complexes, corporate parks, and institutional entities. Most of the residential projects in New Town are multi-story apartments. Both New Town and Sector V, are known for having several business centers and IT parks such as DLF IT Park 1 & 2, Unitech Infospace, Candor Techspace, TCS - Gitanjali Park, and Ecospace Business Park. These office hubs boast the presence of several key MNCs including IBM, Capgemini, Cognizant, TCS, Genpact, HCL, Tech Mahindra, and Ericsson, among others. New Town was enabled with 10.5 km of Wi-Fi Zone along the Major Arterial Road (part of Biswa Bangla Sarani) from Haldiram, near Dumdum/Kolkata Airport to Salt Lake Sector V, which also makes it India's first Wi-Fi road connectivity. The stretch has already been declared as a green corridor. Read More
The under-construction Line 6 or Yellow Line (New Garia-Airport Line), is expected to bring metro connectivity in this area tentatively by 2021 more
A plan is under consideration for a flyover on EM Bypass that would reduce vehicular congestion along the way to New Town more
Growth of Action Area II as a Central Business District and an international finance hub to boost growth in New Town more
Planned development of eight playgrounds in New Town to enhance the social infrastructure of the satellite town more
Authorities are working towards removing encroachment in the main market area of New town more
What is good here
  • New Town has an excellent public transportation facility such as buses, metro and cabsread more
  • Broad clean roads connect New Town to adjacent localities including Rajarhat and Kestopur read more
  • Excellent road infrastructure enhances the beauty of New Town
  • The Newton School is the most popular ICSE school in New Town
  • Lotus Hospital is an affordable hospital in the New Town providing an excellent world-class facilityread more
  • Biswa Bangla Haat has handcrafted items and attracts many buyers in New Town
  • Adjacent to the prime jobs market, New Town area is never vacant
  • Internal roads in New Town are equipped with high-tech LED street lights, which prevents accidentsread more
  • Heavy police patrolling at night making New Town safer for the residents
  • Narkel Bagan Park and Jheel Park are major outdoor parks in New Town
  • Streets in New Town are mostly clean, as NKDA is very passionate about their duties in this arearead more
  • NKDA Park and New Town Lake Park form the green belt in the New Town
  • A rise of around 10% was observed in certain popular regions in New Town
  • Multinational companies such as TCS and HCL are located in New Town
  • NH-12 connects New Town to another parts of the state
What can be better
  • Metro and busses are generally overcrowded and cause difficulty for passengers
  • Many internal roads are accident-prone as they are damaged by potholes
  • Illegal parking mostly covers pedestrian tracks in New Town
  • Dense smoke from the burning of stubble and plastic garbage causes pollution and irks the residents of New Townread more
  • Fewer cases of unscheduled power cuts in New Town have been reported in the recent years read more
  • Public transports are illegally parked in the market area of New Town
Compare Properties
EMI starts at
STATUS
NA
POSSESSION BY
NA

AMENITIES

Request Detail
Devi Durga
New Town, Kolkata
2 BHK
918sq.ft
₹33.05 L
₹3.6k/sq.ft
STATUS
Under Construction
POSSESSION BY
Mar 2027

AMENITIES

Children's Play Area
Community Hall
Board Games
Yoga / Meditation Area
Lift(s)
+ 4
Sun Shine Green City
Rajarhat Chowmatha, Kolkata
2 BHK
908sq.ft
₹29.96 L
₹3.1k/sq.ft
STATUS
Under Construction
POSSESSION BY
Dec 2024

AMENITIES

Children's Play Area
Swimming Pool
Visitor Parking
Fire Sprinklers
Lift(s)
+ 9
AV Courtyard
Rajarhat, Kolkata
2 BHK
787sq.ft
₹25.18 L
₹3.2k/sq.ft
STATUS
Under Construction
POSSESSION BY
Dec 2026

AMENITIES

Children's Play Area
Swimming Pool
Lift(s)
Terrace Garden
24x7 CCTV Surveillance
+ 8

About Developer

MI

Magnolia Infrastructure Development Ltd
2009
Established In
48
Total Projects

Magnolia Infrastructure Development Ltd is a leading Kolkata based Real Estate company. Their objective is to continuously upgrade, improve, innovate and set new benchmarks that evolve with time. They endeavor to blend architecture, technology and value-added services to create lifestyles in every project they undertake where even the next generation would aspire to live in. They believe that quality cannot be compromised. Magnolia Infrastructure Development Ltd are known to build a warm, long-lasting and truly symbiotic relationship with their valued chain of customers. They strive for complete customer satisfaction by providing quality services every time.
Read More
Possession status:
Ready to Move
In 3 years
Beyond 3 years
Magnolia Nakshatra Phase 2
15.9 L - 32.96 L
Magnolia Nakshatra Phase 2
1, 2, 3 BHK Flats
Barasat, Kolkata
Magnolia Sunshine
42.0 L - 43.4 L
Magnolia Sunshine
2 BHK Flat
New Town Action Area 2, New Town,Kolkata

Curated Solutions

Questions and Answers
Get answers to your un-answered questions.
Disclaimer: While Housing.com takes all steps to ensure accuracy of the information provided in this section, please check the same with the developers. Housing.com does not take responsibility for any discrepancies in the information provided.

Frequently Asked Questions

What is the starting price of Magnolia Magnet?

The price of Magnolia Magnet starts from Rs. 29.75 L.

What is the price range of Magnolia Magnet?

Magnolia Magnet offers 2 BHK, 3 BHK, units. The price range of these units are as follows:- 2 BHK - From Rs. 29.75 L to Rs. 31.36 L, 3 BHK - From Rs. 38.64 L to Rs. 40.18 L.

How many floors are available in Magnolia Magnet?

There are 1 towers with 4 floors each, in Magnolia Magnet.

Where to download Magnolia Magnet brochure?

You can download the brochure of Magnolia Magnet through this Link. Alternatively, you can scroll to the brochure section on this page to find details like floor plan, offers, amenities and more about Magnolia Magnet.

What are the other projects done by Magnolia Infrastructure Development Ltd in Kolkata?

The other projects done by Magnolia Infrastructure Development Ltd are:

Where is Magnolia Magnet located?

The Magnolia Magnet is located in Mahommadpur, Opposite DPS Megacity, New Town. View all Projects in New Town

What are the nearby projects to Magnolia Magnet?

What is the possession status of Magnolia Magnet?

As far as possession status is concerned, Magnolia Magnet is ready to move.

How much is the area of 2 BHK in Magnolia Magnet?

The total area of a 2 BHK in Magnolia Magnet ranges from 850.0 sq.ft. to 896.0 sq.ft.

How much is the area of 3 BHK in Magnolia Magnet?

The total area of a 3 BHK in Magnolia Magnet ranges from 1104.0 sq.ft. to 1148.0 sq.ft.

What is the price of 2 BHK in Magnolia Magnet?

The price of 2 BHK in Magnolia Magnet ranges from Rs.29.75 L to Rs.31.36 L.

What is the price of 3 BHK in Magnolia Magnet?

The price of 3 BHK in Magnolia Magnet ranges from Rs.38.64 L to Rs.40.18 L.
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