Yes it is magnolia grandiflora.
Anand Kumar Bhatt
A-59, B.S.F.Colony, Airport Road
Gwalior. 474 005.
Tele: 0751-247 2233. Mobile 0 94253 09780.
My blogsite is at:http://anandkbhatt.blogspot.com
And the photo site:www.flickr.com/photos/akbhatt/
Ten most common surnames of Indians: Singh, Kumar, Sharma,Patel, Shah, Lal, Gupta, Bhat, Rao, Reddy. Cheers!