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Registration approved No litigation declared Residential/Group Housing project

NEW HAVEN BENGALURU PHASE V

By Smart Value Homes (Peenya Project) Private Limited

RG-KA-62121 · RERA PRM/KA/RERA/1251/309/PR/290822/005198 · Last updated on RERA Karnataka portal: 25 Aug 2022

Source: official RERA Karnataka filing

Red flags

  • 2 complaints at RERA Karnataka

Clear

  • No litigation declared
  • Completion date never moved
  • Separate project account declared
Sep 2023Possession promisedno revision filed
2Complaints at RERA Karnatakaon this registration
Jump to the 135 documents Report an error

NEW HAVEN BENGALURU PHASE V is a Residential/Group Housing project by Smart Value Homes (Peenya Project) Private Limited in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/309/PR/290822/005198 on 29 Aug 2022. Possession is promised by 30 Sep 2023. 2 complaints are on record with the regulator.

At a glance

Project

  • NameNEW HAVEN BENGALURU PHASE V
  • TypeResidential/Group Housing
  • Location
    • Bengaluru North
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/309/PR/290822/005198
  • ReraGenie IDRG-KA-62121

Builder

  • NameSmart Value Homes (Peenya Project) Private Limited
  • Entity typeCompany
  • CINU45400MH2013PTC241108
  • GSTIN29AASCS8175R1ZV
  • Authorized SignatoryHemamalini U
  • Managing Director & Chief Executive OfficerSANJAY BHUPENDER DUTT
  • DirectorsSanjay Dutt, Sanjay Sharma, Bhavesh Madeka
  • Project HeadN Saravanan
  • Other registrations3 more →
  • Declared earlier projects4 →

Key dates

this monthRegisteredAug 2022PromisedSep 2023

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on29 Aug 2022
  • Promised completion30 Sep 2023
  • Revised completionNone
  • Buildings4 building records
  • Documents filed135 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
TOWER 22---43043
TOWER 23---43043
TOWER 24---52052
TOWER 25---50050

The full filing

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

Construction progress by building1

As on 25 Aug 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-
Upto Plinth Level-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
Retaining wall (All types)Not applicable
RCC or MS Framed structure-
Masonry Construction-
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-
Painting-
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation workNot applicable
Internal and External work including landscapes as per sanctioned drawings-

Progress on shared amenities40

As on 25 Aug 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-
Sewage and Drainage SystemYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
Energy managementYes-
Fire protection and fire safety requirementsYes-
Solid waste management and disposalYes-
Emergency Evacuation servicesYes-
Internal Roads & FootpathsYes-
Electricity supply transformer and substationYes-
Storm water drainsYes-
Use of renewable energyYes-
Sewage Treatment Plant (STP)Yes-
Parks & Tree plantingYes-
Street LightingYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceNoNot applicable
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
Piped GasNoNot applicable
Water and SanitationYes-
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesYes-
Fire escapesYes-
Common entrance and exit for the building/common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areasYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyYes-
Common storage spacesYes-

Land and ownership5

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

Named landowners5
LandownerVillageDistrict
SMART VALUE HOMES LIMITED--
SMART VALUE HOMES LIMITED--
SMART VALUE HOMES LIMITED--
SMART VALUE HOMES LIMITED--
SMART VALUE HOMES LIMITED--

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 73.07 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 59.71 cr-
Principal sum and interest payable to financial institutions-Money Lenders on construction funding or money borrowed for constructionRs 13.36 cr-

Certifying professionals and partners3

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

RoleName
ArchitectSrimathi J Adiga
EngineerVishnu Kumar
Chartered AccountantGadugu Charan

Complaints filed with RERA Karnataka2

Case no.ComplainantRespondentFiled
01739/2023-Smart Value Homes (Peenya Project) Private Limited21/11/2023
00823/2024-Smart Value Homes (Peenya Project) Private Limited30/08/2024

Documents filed135

As listed on the registration, under the names the promoter filed them with; the newest 80 of 135 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1251/309/PR/290822/005198 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Query ClarificationFile: Query Clarification.pdf25 Aug 2022
UDS Area Demarcation of All ProjectsFile: UDS Area Demarcation of All Projects.pdf25 Aug 2022
Directors Report 2018-19File: Directors Report 2018-19.pdf25 Aug 2022
Directors Report 2019-20File: Directors Report 2019-20.pdf25 Aug 2022
Directors Report 2020-21File: Directors Report 2020-21.pdf25 Aug 2022
RTC, survey 2/3-
Mutation, survey 2/3-
Encumbrance Certificate, survey 2/3-
Conversion/Alienation Order, survey 2/3-
Sale/Title/Gift Deed, survey 2/3-
Khatha, survey 2/3-
RTC, survey 2/4-
Mutation, survey 2/4-
Encumbrance Certificate, survey 2/4-
Conversion/Alienation Order, survey 2/4-
Sale/Title/Gift Deed, survey 2/4-
Khatha, survey 2/4-
RTC, survey 3/2-
Mutation, survey 3/2-
Encumbrance Certificate, survey 3/2-
Conversion/Alienation Order, survey 3/2-
Sale/Title/Gift Deed, survey 3/2-
Khatha, survey 3/2-
RTC, survey 3/3-
Mutation, survey 3/3-
Encumbrance Certificate, survey 3/3-
Conversion/Alienation Order, survey 3/3-
Sale/Title/Gift Deed, survey 3/3-
Khatha, survey 3/3-
RTC, survey 4/2-
Mutation, survey 4/2-
Encumbrance Certificate, survey 4/2-
Conversion/Alienation Order, survey 4/2-
Sale/Title/Gift Deed, survey 4/2-
Khatha, survey 4/2-
Registration CertificateFile: Company Incorporation Letter.pdf-
Organization StructureFile: ORGANISATION STRUCTURE.pdf-
Certificate issued by CA Form 1File: Form 1 CA Certificate.pdf-
Certificate issued by Architect Form 2File: Form 2 New Haven Bengaluru Phase V.pdf-
Certificate issued by Engineer Form 3File: Form 3 New Haven Bangalore Phase V.pdf-
Project Chartered Accountant-
Project Engineer-
Project Architect-
AffidavitFile: Non-Litigation Affidavit.pdf-
Certificate from Chartered AccountFile: Form 1 CA Certificate.pdf-
Balance Sheet 2020 - 2021File: Balance Sheet 21-22.pdf-
Balance Sheet 2019 - 2020File: Balance Sheet 2020-21.pdf-
Balance Sheet 2018 - 2019File: Balance Sheet 2019-20.pdf-
Audited Profit and Loss Statement 2020 - 2021File: Profit & Loss 21-22.pdf-
Audited Profit and Loss Statement 2019 - 2020File: Profit & Loss 2020-21.pdf-
Audited Profit and Loss Statement 2018 - 2019File: Profit & Loss 2019-20.pdf-
Cash Flow Statement 2020 - 2021File: Cash Flow Statement 21-22.pdf-
Cash Flow Statement 2019 - 2020File: Cashflow Statement 2020-21.pdf-
Auditor's Report 2020 - 2021File: Audit Report 21-22.pdf-
Auditor's Report 2019 - 2020File: Auditor Report 2020-21.pdf-
Auditor's Report 2018 - 2019File: Auditor Report 2019-20.pdf-
Income Tax Return Acknowledgement 2019 - 2020File: Income Tax FY-20-21.pdf-
Income Tax Return Acknowledgement 2018 - 2019File: Income tac Ack FY-19-20.pdf-
Building Licese Intiial and Renewed-
BESCOM NOC-
Water NOC with clarification on Fee paid receipt-
Approved Plan-
Approved Plan-
Approved Plan-
Project Specification-
Building 2 Section and Elevation-
Project Specification-
Building 2 Section and Elevation-
STRUCTURAL STABILITY CERTIFICATE-
Legal Opinion-
Change of Land use-
Proforma AOS-
Allotment Letter NEW HAVEN BENGALURU PHASE V-
Form B Affidavit-
Sec 3(1) Affidavit-
BESCOM NOC-
Water NOC with clarification on Fee paid receipt-
Unnamed document-
Unnamed document-
Unnamed document-

Promoter's earlier projects3

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

3 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
NEW HAVEN BENGALURU PHASE IVSURVEY NO.3/2,3/3,4/2,2/3,2/4 AT SHESHAGIRIRAOPALYA VILLAGE, DASANAPURA HOBLI, BANGALORE NORTH TALUK., BENGALURU NORTH, BENGALURU URBANCompleted-No date filed
NEW HAVEN BENGALURU PHASE IIISURVEY NO.3/2,3/3,4/2,2/3,2/4 AT SHESHAGIRIRAOPALYA VILLAGE, DASANAPURA HOBLI, BANGALORE NORTH TALUK., BENGALURU NORTH, BENGALURU URBANCompleted-No date filed
NEW HAVEN BENGALURU PHASE IISURVEY NO.3/2,3/3,4/2,2/3,2/4 AT SHESHAGIRIRAOPALYA VILLAGE, DASANAPURA HOBLI, BANGALORE NORTH TALUK., BENGALURU NORTH, BENGALURU URBANCompleted-No date filed

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one has not
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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Other projects near Bengaluru Urban4,100+ in Bengaluru Urban

Builder: Smart Value Homes (Peenya Project) Private Limited

SMART VALUE HOMES (PEENYA PROJECT) PRIVATE LIMITED has 4 registrations on RERA Karnataka, including New Haven Bengaluru Phase III and NEW HAVEN BENGALURU PHASE II. Its filings declare 4 earlier projects, 3 of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if NEW HAVEN BENGALURU PHASE V is delayed beyond 30 Sep 2023?

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 NEW HAVEN BENGALURU PHASE V?

The registered promoter entity is Smart Value Homes (Peenya Project) Private Limited, a company as per the filing. Its CIN U45400MH2013PTC241108 and GSTIN 29AASCS8175R1ZV can be cross-checked on the MCA and GST portals. 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 NEW HAVEN BENGALURU PHASE V?

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.

How do I read the complaint cases filed against NEW HAVEN BENGALURU PHASE V?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

Who certifies construction progress at NEW HAVEN BENGALURU PHASE V?

The professionals named in the filing: Architect: Srimathi J Adiga; Engineer: Vishnu Kumar; Chartered Accountant: Gadugu Charan. 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 NEW HAVEN BENGALURU PHASE V?

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; whether construction progress keeps pace with sales in the coming quarters.

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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About NEW HAVEN BENGALURU PHASE V. Everything on this page comes from what the promoter filed on RERA Karnataka, so if a fact looks wrong it helps to say which one.

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