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Registration approved Residential/Group Housing project

Happy Hearts

By Ayodhya Ventures LLP

RG-KA-49902 · RERA PRM/KA/RERA/1251/446/PR/180905/001996 · Last updated on RERA Karnataka portal: 29 Jun 2022

Source: official RERA Karnataka filing

Red flags

  • Completion date moved by 9 months
  • 1 extension taken

Clear

  • No complaints on record
  • Separate project account declared
Jun 2024Possession promisedmoved 9 months from the original
0Complaints at RERA Karnatakaon this registration
Jump to the 99 documents Report an error

Happy Hearts is a Residential/Group Housing project by Ayodhya Ventures LLP in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/180905/001996 on 5 Sep 2018. Possession is promised by 30 Jun 2024. The completion date has moved by 9 months from the original filing.

At a glance

Project

  • NameHappy Hearts
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/180905/001996
  • ReraGenie IDRG-KA-49902

Builder

  • NameAyodhya Ventures LLP
  • Entity typePartnership Firm
  • Authorized SignatoryMr. B. G. Prasanna Krishna

Key dates

this monthRegisteredSep 2018First promiseSep 2023Revised toJun 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on5 Sep 2018
  • Promised completion30 Jun 2024
  • Revised completionRevised to 30 Jun 2024 (originally 30 Sep 2023)
  • Buildings1 building record
  • Documents filed99 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Happy Hearts---23023

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 29 Jun 2022, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
RCC or MS Framed structure-
Masonry construction: Bricks, Concrete blocks etc-
Plastering inside , outside & Ceiling-
Joinery: Doors, Windows, Ventilators etc-
Basic work of Water supply, Sanitary and Electrification-
Dadoing, Skirting, Flooring, Tiles work (All types)-
Railing and Grill fixing-
Electrification, Water supply and Sanitary Finishing-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Fire prevention and fire fighting fitting and fixture with networkNot applicable
Weather Proof work(tile,concrete)-
Painting-
Elevation work-
Internal and External work including landscapes as per santioned drawingsNot applicable

Progress on shared amenities41

As on 29 Jun 2022, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.

Common facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsNoNot applicable
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingNoNot applicable
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes-
Education/Health/Other public amenitiesNoNot applicable
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsNoNot applicable
Use of renewable energyNoNot applicable
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallYes-
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymYes-
ParksNoNot applicable
Power BackupYes-
GasNoNot applicable
Water and SanitationYes-
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffYes-
Water conservation and renewable energyYes-

Land and ownership

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area1,450 sq m
Named landownersNone

Project account and cost

70 percent of buyer money must sit in the project account, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Estimated costRs 11.20 cr

Certifying professionals and partners2

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectAslam Architects And Interior Designers Pvt Ltd
EngineerAslam Architests and Interior Designers Pvt Ltd

Extensions applied for1

A revised date filed with the regulator does not change the possession date in your agreement for sale.

ExtensionSep 2023 → not stated

No reason recorded in the filing

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed99

As listed on the registration, under the names the promoter filed them with; the newest 80 of 99 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/446/PR/180905/001996 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Break-up for project development detailsFile: 1 Breakup for Development details.pdf29 Jun 2022
Project Member DetailsFile: 2 Project Member Details.pdf29 Jun 2022
Project SpecificationsFile: 3 Project Specifications.pdf29 Jun 2022
NOC from BWSSBFile: 4 NOC from BWSSB.pdf29 Jun 2022
BESCOM Approval LetterFile: 5 BESCOM Appoval Letter.jpg29 Jun 2022
Details of total sold and unsold unitsFile: 6 Details of Sold and Unsold units.pdf29 Jun 2022
Form 4 CA CertificateFile: 7 Form4 Chartered Accountant Certificate Q3.pdf29 Jun 2022
Form 5 Architect CertificateFile: 7 Form5 Architect Certificate Q3.pdf29 Jun 2022
Form 6 Engineer CertificateFile: 7 Form6 Engineer Certificate Q3.pdf29 Jun 2022
STP Feasibility ReportFile: 8 STP FEASIBILITY REPORT.pdf29 Jun 2022
Occupancy CertificateFile: 9 Occupancy Certificate Happy Hearts.pdf29 Jun 2022
Updated list of allotteesFile: 10 List of Allottees_updated.pdf29 Jun 2022
Modification Application Fees ChallanFile: 11 Payment Acknowledgement_RERA_Rs 7250.pdf29 Jun 2022
Designated Bank account statementFile: 12 Axis Bank Statement_FY 2021-22.pdf29 Jun 2022
Revised Tower DetailsFile: 13 Revised Tower Details.pdf29 Jun 2022
Reply to RERA QueriesFile: 14 Reply to Queries_Happy Hearts.pdf29 Jun 2022
Consent Letters in prescribed formatFile: Consent Letters_Ayodhya Ventures LLP_All buyers_V1.pdf16 Sep 2021
Designated Bank StatementFile: Axis Bank Statement_Jan-2021 to July-2021.pdf16 Sep 2021
Break-up for Development DetailsFile: Breakup for Development Details_as per modified plan.pdf16 Sep 2021
Form-4, CA CertificateFile: Form-4,Chartered Accountant (QU)_Certificate_Q4_20-21.pdf16 Sep 2021
Reply for Enquiry Notice dated 10-08-2021File: Reply Letter to Enquiry Notice_RERA Modification.pdf16 Sep 2021
Request for additional time to submit the documentsFile: Requesting additional time_Enquiry Notice.pdf27 Mar 2021
CertificateFile: Certificate - Change of Registered Office.pdf-
Already registered project ongoing detailsFile: Approved Plan_1531480345142_Ayodhya Ventures LLP.pdf-
Modified plan details site plan, floor plans, Plan Licence LetterFile: Plan License Letter_Ayodhya Ventures.pdf-
Elevation, Sections, Specifications ( If changes are there )File: Project Plan_Ayodhya Ventures_compressed.pdf-
List Of AllotteesFile: 10 List of Allottees_updated.pdf-
Consent LetterFile: Consent Letter_Ayodhya Ventures.pdf-
Chartered Accountant CertificateFile: 7 Form4 Chartered Accountant Certificate Q3.pdf-
Notarized AffidavitFile: Affidavit_Ayodhya Ventures.pdf-
Engineer CertificateFile: 7 Form6 Engineer Certificate Q3.pdf-
Architect CertificateFile: 7 Form5 Architect Certificate Q3.pdf-
Structural Engineer Certificate for stability of structureFile: Stability Certificate_Ayodhya Ventures.pdf-
Modification of Plan DetailsFile: Plan.PDF-
Modification of Plan DetailsFile: Project Plan_Ayodhya Ventures.pdf-
Modification of Plan DetailsFile: Commencement Certificate_Ayodhya Ventures.pdf-
Modification of Plan DetailsFile: Commencement Certificate_Ayodhya Ventures.pdf-
Modification of Plan DetailsFile: Total Units, Sold & Unsold_Ayodhya Ventures LLP.pdf-
Modification of Plan DetailsFile: Total Units, Sold & Unsold_Ayodhya Ventures LLP.pdf-
Document 1File: NOC from BWSSB_Ayodhya Ventures.pdf-
Document 2File: Pollution Control Board_Ayodhya Ventures.pdf-
Document 3File: 5 BESCOM Appoval Letter.jpg-
Revised Tower DetailsFile: 13 Revised Tower Details.pdf-
Break-up for Development DetailsFile: 1 Breakup for Development details.pdf-
Construction License-
12years EC-
sale deed draft-
AGREEMENT OF SALE - RERA-
Amalgamation Deed-
Plan-
Plan-
ALLOTMENT LETTER-
Happy Hearts_A4-
Construction License-
Specifications - RERA-
EC_From__1-12-2017_to_9-7-2018_-
Amalagamted Katha-
AYODHYA VENTURES Reconstitution Deed 2017-
Conversion Order dated 26-12-2002-
Conversion Order dated 7-3-2002-
saledeedclarification-
Approved Plan-
Approved Plan-
Amalagamted Katha-
Balance Sheet 2016 - 2017File: Financials_Ayodhya Ventures LLP_FY 2017-18.pdf-
Balance Sheet 2015 - 2016File: Ayodhya llp_balance_sheet_final - 2017.pdf-
Balance Sheet 2014 - 2015File: Ayodhya llp_balance_sheet_final - 2016.pdf-
Audited Profit and Loss Statement 2016 - 2017File: Financials_Ayodhya Ventures LLP_FY 2017-18.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Ayodhya llp_balance_sheet_final - 2017.pdf-
Audited Profit and Loss Statement 2014 - 2015File: Ayodhya llp_balance_sheet_final - 2016.pdf-
Director's Report 2016 - 2017File: Financials_Ayodhya Ventures LLP_FY 2017-18.pdf-
Director's Report 2015 - 2016File: Ayodhya llp_balance_sheet_final - 2017.pdf-
Director's Report 2014 - 2015File: Ayodhya llp_balance_sheet_final - 2016.pdf-
Cash Flow Statement 2016 - 2017File: Financials_Ayodhya Ventures LLP_FY 2017-18.pdf-
Cash Flow Statement 2015 - 2016File: Ayodhya llp_balance_sheet_final - 2017.pdf-
Auditor's Report 2016 - 2017File: Financials_Ayodhya Ventures LLP_FY 2017-18.pdf-
Auditor's Report 2015 - 2016File: Ayodhya llp_balance_sheet_final - 2017.pdf-
Auditor's Report 2014 - 2015File: Ayodhya llp_balance_sheet_final - 2016.pdf-
Income Tax Return Acknowledgement 2016 - 2017File: ITR V_AYODHYA VENTURES LLP_FY 2017-18.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: ITR 5_AYODHYA VENTURES LLP_FY 2017-18.pdf-

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 9 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Ayodhya Ventures LLP

Ayodhya Ventures LLP has 1 registration on RERA Karnataka, including Happy Hearts. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Happy Hearts is delayed beyond 30 Jun 2024?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, at the rate the state's RERA rules prescribe, or exit and claim a full refund with interest. Claims are filed as complaints with RERA Karnataka.

How do I verify and contact the developer of Happy Hearts?

The registered promoter entity is Ayodhya Ventures LLP, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's RERA Karnataka listing and in its filed documents.

Is my payment protected in Happy Hearts?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

Who certifies construction progress at Happy Hearts?

The professionals named in the filing: Architect: Aslam Architects And Interior Designers Pvt Ltd; Engineer: Aslam Architests and Interior Designers Pvt Ltd. Their certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in Happy Hearts?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area; that the agreement follows the model agreement under the state's RERA rules, with deviations highlighted; the promoter's record on their other projects, not just this one; why the completion date was revised and what the new timeline depends on.

Spotted something wrong on this page, or want to tell us what would make it more useful? Every page here is built from what the promoter filed on RERA Karnataka, and we read every report.

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