NEW Haven Bengaluru Phase II
RERA Property Intelligence Report · Preview
Smart Value Homes (Peenya Project) · Bengaluru North · K-RERA PRM/KA/RERA/1251/309/PR/290822/005198
Report coverage
K-RERA registry & builder-record report
What this report covers
To confirm directly with the builder
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk rating, the specific red-flag findings, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the builder before you commit.
Registration-form facts from the K-RERA detail page: use these to sanity-check the builder brochure, parking allotment, and sanctioned-plan references before relying on plan-extracted approximations.
| Disclosure | Official value | Why it matters |
|---|---|---|
| Registered units | 188 | Total inventory registered with K-RERA. |
| Official carpet area | 11,108 sqm | Regulator-disclosed project-level carpet area, not vision-derived room sums. |
| Official built-up area | 15,754 sqm | Useful scale context when comparing density and project cost. |
| Registered land area | 6,252 sqm | The land area attached to this K-RERA registration. |
| Sanctioned FAR/FSI | 1.89 | Higher FAR generally means a denser vertical build, subject to site layout and open-space design. |
| Registered towers/wings | 4 | Official tower/wing count in the K-RERA detail page. |
| Parking disclosed | 179 total (188 covered, 0 open) — 0.95 spaces/unit | Confirm whether your quoted unit includes an allotted parking space and where it sits. |
| Approved plan number | NPA/CC/1521 2012-13 | Use this to match the sanctioned drawing set shown by the builder. |
| Plan approval date | 20-10-2012 | |
| Project start date | 15-11-2012 |
K-RERA registration tables showing the project mix and tower/wing scale. Use this to sanity-check sales claims such as "only large homes", "low density", or "plenty of parking" against the filed inventory.
Registered inventory mix
| Type | Units | Share | Official carpet area |
|---|---|---|---|
| 2 BHK | 188 | 100% | 11,108 sqm |
Registered tower / wing summary
| Tower/wing | Floors | Units | Parking | Height |
|---|---|---|---|---|
| TOWER 22 | 10 | 43 | 43 | 149 m |
| TOWER 23 | 10 | 43 | 43 | 149 m |
| TOWER 24 | 12 | 52 | 43 | 149 m |
| TOWER 25 | 12 | 50 | 50 | 149 m |
K-RERA detail-page flat rows: exact unit numbers, official carpet area, UDS, and parking lots. 188 official flat/unit rows, matching the 188 registered units disclosed above. Use this as a checklist against the specific flat number in your cost sheet and draft agreement.
By unit type
| Unit type | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| 2 BHK | 188 | 59.1 sqm | 33.3 sqm | 188 |
By tower / wing
| Tower/wing | Rows | Carpet area | UDS | Parking lots |
|---|---|---|---|---|
| TOWER 24 | 52 | 59.1 sqm | 33.3 sqm | 52 |
| TOWER 25 | 50 | 59.1 sqm | 33.3 sqm | 50 |
| TOWER 22 | 43 | 59.1 sqm | 33.3 sqm | 43 |
| TOWER 23 | 43 | 59.1 sqm | 33.3 sqm | 43 |
| Unit | Tower | Floor | Type | Carpet | UDS | Parking |
|---|---|---|---|---|---|---|
| Ultima 22002 | TOWER 22 | 0 | 2 BHK | 59.1 sqm | 33.3 sqm | 1 |
| Ultima 22003 | TOWER 22 | 0 | 2 BHK | 59.1 sqm | 33.3 sqm | 1 |
| Ultima 22004 | TOWER 22 | 0 | 2 BHK | 59.1 sqm | 33.3 sqm | 1 |
| Ultima 22011 | TOWER 22 | 1 | 2 BHK | 59.1 sqm | 33.3 sqm | 1 |
| Ultima 22012 | TOWER 22 | 1 | 2 BHK | 59.1 sqm | 33.3 sqm | 1 |
| Ultima 22013 | TOWER 22 | 1 | 2 BHK | 59.1 sqm | 33.3 sqm | 1 |
What the numbers tell you
Synthesis from the official RERA scale, unit register, and land rows — the read a sales team won't volunteer.
🔒 Unit-by-unit guidance · Unit Guidance report
Which block and unit to prefer, the livability read on the filed plans, and a plan-by-plan walkthrough — the ₹2,999 guidance layer.
🔒 Full records — land title, amenities paperwork & document catalog · Compliance report
The complete land-title chain, the paperwork behind each declared amenity, and every document row on file with the regulator — the raw records the compliance read is built on.
No litigation declared on this project's K-RERA filing.
⚠ 6 of 33 compliance document slots are filed as under process / not yet usable: Urban Land Ceiling, District Magistrate, Conversion Certificate under section 95 of the KLR Act 1964, Any other document (Rights/Title/Interest/Name), Proforma For Sale Deed and more.
1 additional compliance slots are filed as Not Applicable.
No completion certificate (OC) on file yet — project has not been declared complete.
⚠ Registration validity has lapsed: originally due 30 Sep 2023 — which has passed with no OC on file.
Named utility/regulatory approvals
"Not found in catalog" can mean the approval genuinely isn't on file yet, or that it doesn't apply to this project (K-RERA doesn't tell us which). Ask the builder directly for any marked not found before relying on it.
K-RERA complaint orders (2 complaints against a project of this name on K-RERA's orders register)
| Parties | Relief sought | Disposal | Order date |
|---|---|---|---|
| SIVARAM N vs NEW HAVEN BENGALURU PHASE 5 | The above snag has to be rectified immediately and a report of independent certified engineer stating that the above issue has resolved to be produced along with minimum warranty cover. | AUTHORITY | 29/05/2025 |
| Sevugan Chellappan vs M/S.SMART VALUE HOMES (PEENYA PROJECT) PVT LTD | Refund of the advance along with interest | AUTHORITY | 10/06/2025 |
⚠ Matched by PROJECT NAME (the orders register carries no registration number) — confirm the respondent above is this project's builder before relying on it.
Complaints on this project's K-RERA page (1 complaint listed against this promoter)
| Complaint | Subject (as filed) | Project | Status |
|---|---|---|---|
| CMP/200127/0005274 27-01-2020 | the complainants are jointly booked an apartment bearing No. elite 31082 at New Haven Peenya Project Bangalore, Respondent has not hand over the possession in time and committed breach of contract. | NEW HAVEN BENGALURU PHASE II (another project by this promoter) | DISPOSED AUTHORITY BENCH4 |
Listed on the project's own K-RERA detail page (registration-exact source). Rows on the promoter's other projects are track-record context — read the subject text, it is the complainant's own filed wording.
K-RERA names 4 project professional/vendor rows across Chartered accountant, Engineer, Architect, Contractor. Use this to cross-check whose certificates, drawings, and contractor commitments support the filing; final reliance still belongs with your lawyer/technical reviewer.
| Role | Name | Registration / licence | Since | Locality |
|---|---|---|---|---|
| Chartered accountant | Gadugu Charan | 257375 | 2021 | Bengaluru Urban, Karnataka - 560002 |
| Engineer | Vishnu Kumar | M-59398/7 | 1993 | Bengaluru Urban, Karnataka - 560050 |
| Architect | Srimathi J Adiga | CA/98/23892 | 2007 | Bengaluru Urban, Karnataka - 560061 |
| Contractor | Shapoorji Pallonji and company private limited | - | 1943 | Mumbai City, Maharashtra - 400023 |
Smart Value has 4 other K-RERA-registered projects in our records. 3 are past their declared completion deadline with no completion certificate recorded — but because K-RERA publishes OCs inconsistently, a project that has actually been finished and handed over still shows up this way, so this overstates real delays, especially for a high-volume established builder.
Read this as a list to spot-check for a pattern of genuinely stalled projects, not as a delay rate — pull up a few of the builder’s other K-RERA registrations and check whether they’ve actually been delivered.
⚠ No quarterly financial disclosures (collections, escrow withdrawals) on record, despite no completion certificate yet — meaning we can't verify the project's cashflows against its construction progress. Worth asking the builder directly why no quarterly filings are available.
Declared construction cost ÷ registered units averages to ₹31.8 lakhs per unit — the developer's own declared construction/development cost, not a sale price. K-RERA filings don't disclose what the builder is charging, so this can't tell you whether you're getting a fair deal — only you comparing your quoted price against comparable listings nearby can answer that.
RERA 70% project account is on file: Standard Chartered Bank Koramangala Bengaluru IFSC Code : SCBL0036073 Pin Code : 560095. RERA requires 70% of buyer collections to sit in this separate, project-specific account, drawn only against certified construction milestones — confirm your payments are made to THIS account (not a general builder account) and that it appears on your allotment letter.
The nearest major job hub is ~20 km away — well outside the job hubs — this is a value/space play, not a short-commute one; budget for the drive.
| Landmark | Straight-line |
|---|---|
| Outer Ring Road / Manyata | 20 km |
| MG Road / city centre | 23 km |
| Kempegowda Int'l Airport | 30 km |
| Bellandur–Marathahalli belt | 32 km |
| Whitefield IT hub | 36 km |
| Electronic City | 37 km |
Straight-line distances from the geocoded project locality (the RERA address is an area, not a door) — directional, not door-to-door drive times. Check the actual road route, the nearest metro station and daily-need shops/schools/hospitals on a site visit.
Should you buy in NEW HAVEN BENGALURU PHASE V?
This page is the free K-RERA filing summary. The full RERA Property Intelligence Report gives you buyer-complaint history, regulatory flags, builder track record, the official unit register, land title, NOCs, and (where the sanctioned plans support it) room-by-room unit data and an annotated site plan. See a real one first:
Sample: Sobha Silicon Oasis → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Figures are the developer's own quarterly disclosures on the Karnataka RERA register. "Built" is the highest construction % filed; "sold" is booked units over total. Not a claim about the developer's intent. Explore every project on our Bangalore project-health tool.
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Last checked against the RERA register: 27 Jul 2026