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Svasthya Mandala by Hatha Group — Varthur, Bangalore
Chinthala Realty Private Limited Possession Aug 2024

Svasthya Mandala by Hatha Group

Varthur, Bangalore · Villa · Possession August 2024

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Svasthya Mandala by Hatha Group

Varthur, Bangalore

₹2.63 – 3.32 Cr

₹/sq ft
₹10,065
Possession
August 2024
Configurations
4 BHK
Project type
Villa

₹10,065/sq ft — about 13% below the area average of ₹11,549/sq ft

Svasthya Mandala by Hatha Group
₹10,065
Area average
₹11,549

Source: PropVision property database

Svasthya Mandala by Hatha Group review — Varthur, Bangalore

Svasthya Mandala by Hatha Group is a villa project by Chinthala Realty Private Limited at Varthur, Bangalore. spread across 4.44 acres with 69 units. at roughly 16 units/acre with 48% open space. Possession is scheduled for August 2024.

RERA Deep Dive

RERA Deep-Dive

A 69-plot development on 4.45 acres at Thimmandahalli, Hoskote Taluk, marketed as Varthur. We read all 88 documents filed with Karnataka RERA. The land is genuine and the layout is properly sanctioned for 69 plots — but the promoter has negative net worth, the RERA escrow account was opened empty and never used, the agreements on file are blank unsigned templates, and the only planning permission is a provisional sanction that forbids selling sites and lapsed in February 2023.

19/70
27% · Critical Risk
Composite score across 7 sections — builder financials, cost transparency, sale-agreement fairness, infrastructure, legal compliance, RERA-verified inventory, and land title.

1 · Builder Financial Health — Chinthala Realty Pvt Ltd

Three-year financial record (₹)

FY2017-18FY2018-19FY2019-20
Share capital1,00,0001,00,0001,00,000
Reserves (deficit)(81,88,757)(83,59,320)(89,76,144)
Net worth(80,88,757)(82,59,320)(88,76,144)
Borrowings — all from directors1,60,21,8521,76,45,5122,48,53,966
Bank / institutional debtNilNilNil
Revenue from operationsNILNILNIL
Loss after tax(39,047)(1,70,563)(6,16,825)
Cash & bank13,59514,5955,594
Tax paid000
Audited by Bellala & Raghavendra, FRN 013485S. FY2019-20 UDIN 20227921AAAABV9903.

2 · Construction Cost Transparency

Declared cost vs documented reality

ComponentRERA declaredDocumentedGap
Land — Sy 8/1₹2,60,57,754 (both survey nos.)₹6,60,00,000Understated
Land — Sy 8/2included aboveJDA, not purchasedNot owned
Construction / infrastructure₹1,50,00,000No certificate filedUnverified
Approvals & feesNot itemised₹13,44,600 + ₹3,29,368Not disclosed
Stamp duty on landNot itemised₹37,29,100Not disclosed
Admin, taxes, interestNot itemisedAbsent

3 · Sale Agreement — Key Clauses

ClauseWhat the filed agreement saysImpact
Completion dateCA Cl. 9 — 'within ______ months from the date of obtaining Plan Sanction.' Number blank; clock starts at plan sanction, not signingUnenforceable
Occupancy CertificateCA Cl. 10 — 'The term delivery herein does not include the obtaining of the occupancy certificate'Violates s.17
Payment scheduleSchedule D lists 10 construction milestones — every percentage cell blank, only 'TOTAL 100%'Unverifiable
Delay compensation to buyerNo clause exists anywhere. Force majeure instead extended to material shortages and labour issues (Cl. 12)Violates s.18(1)
Interest on buyer defaultCA Cl. 1(e)(i) — 18% per annum from date of defaultAsymmetric

Showing 5 of 15 clauses reviewed.

ClauseWhat the filed agreement saysImpact
Forfeiture on cancellationCA Cl. 1(e)(ii) — 15% of the combined land + construction consideration forfeited as liquidated damagesAbove legal norm
Refund of balancePayable 'within ______ months from the date of disposal of the Villa to any third party' — blank, and conditional on resaleIndefinite
ClawbackIf 15% exceeds what the buyer has paid, the developer may claim the difference from the buyerPenal
Defect liabilityCA Cl. 16 — '______ months from the date of construction of the basic structure', opening with a blanket waiver: 'the Purchaser shall have no claim against the Developer in respect of any alleged defect under any circumstances'Violates s.14(3)
Area toleranceNo tolerance clause and no price-adjustment mechanism. Cl. 7 lets the developer vary plans 'without however substantially altering the dimensions' — undefinedViolates s.14(2)
Right to buildBuyer cannot appoint their own builder. AFS recital XIV compels entrusting construction to the promoter; Cl. 15 makes both agreements co-terminus — exit one and you forfeit the otherLocked in
Access to remedyCA Cl. 1(g) — buyer may not approach a court or arbitrator until all payments are made. Cl. 24 makes arbitration the only forum, with no appointment mechanismViolates s.31/79
MaintenanceCA Cl. 22 — rate blank, start date given twice and inconsistently, payable 'irrespective of whether or not possession is taken'. No corpus or sinking fund anywhereBlank
Tax escalationCl. 2(b) — tax 'at applicable rates as may be notified by the Developer from time to time'; Cl. 3 adds any new taxes, levies or cessesUncapped
Stamp dutyAFS Cl. 11 — all stamp duty and registration on the purchaser, including any future deficit re-assessment on the twin structureBuyer bears

Agreement verdict

Of 15 reviewed clauses, none is buyer-protective and 25 separate provisions conflict with the RERA Act 2016 — most seriously possession without an Occupancy Certificate (s.17), no delay compensation at all (s.18(1)), 18% buyer interest against 0% promoter interest where s.2(za) requires parity, and a blanket defect waiver where s.14(3) mandates a non-waivable five-year liability. Compounding this, the agreements filed with K-RERA are unexecuted templates with blank fill-in lines at every material figure, so the price, payment schedule, completion period and defect liability period cannot be verified from the statutory filing at all. Overall: strongly promoter-favouring, and largely unenforceable as filed.

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Unlock all 15 sale-agreement clauses

Including forfeiture, defect liability, area tolerance and the bar on approaching any forum until fully paid.

4 · Infrastructure Adequacy

ItemPromised in specificationAllocated on approved drawingStatus
Roads — black topBlack Top Roads5,930.60 sqm (32.93%) · all 9 m wideLand allocated
ParkPark1,805.12 sqm — Park-1 452.54, Park-2 1,352.58Land allocated
Civic amenity siteSpace For Civic Amenities933.75 sqm at north-west cornerHanded to Panchayat
Sewage / STPUnder Ground Sewage SystemHand-marked arrow. No capacity, no technology, no design drawingUnquantified
Water storageWater TankHand-marked arrow. No capacityUnquantified
ElectricalUnder Ground Electrical SystemNo transformer rating, no sanctioned loadUnquantified
Storm water drainsConcrete Drains Across The RoadsSanction Cl. 11 requires them covered — spec does not commit to thisBelow sanction
Rainwater harvestingAbsent from the specificationMandated by sanction Condition 7Non-compliant
Solid waste managementAbsent entirelyNothing on drawing or in any documentMissing

5 · Legal & Compliance Status

ApprovalAuthorityReference / DateStatus
Land conversion — Sy 8/1DC, Bangalore RuralALN(Ho.A)SR/121/2012-13 · 15.07.2014Genuine
Land conversion — Sy 8/2DC, Bangalore RuralALN(Ho.A)SR.104/12-13 · 18.05.2013Genuine
Revised conversion ordersDC, Bangalore RuralALN(Ho.A)SR 27 & 28/2020-21 · 07.10.2020Not filed
Change of land useHoskote Planning AuthorityHoYoPra/Bhu.Pa.A/483/2012-13 · 22.04.2013Demand notice only
Layout sanctionHoskote Planning AuthorityHoYoPra/L.A.T/15/2020-21 · 26.02.2021Provisional · lapsed
Final layout approval / site releaseHoskote Planning AuthorityRequired by Condition 4Does not exist
Relinquishment — roads & parksMuthsandra Gram PanchayatHSK-1-10170-2020-21 · 04.02.2021Registered
Relinquishment — CA siteHoskote Planning AuthorityHSK-1-10169-2020-21 · 04.02.2021Registered
Water supply NOCMuthsandra Gram Panchayatಮು.ಗ್ರಾ.ಪಂ/121/2021-22 · 27.10.2021Genuine
Electricity NOCBESCOM, Hoskote DivisionAEE(O&M)/HKT/AE(T)/21-22/1257Internal estimate, not an NOC
Gram Panchayat works permissionMuthsandra Gram PanchayatRequired by sanction Condition 17Not filed
Commencement certificateSlot holds a mismatched fileNot filed
Advocate title opinionTrinetra & PartnersR. Madhusudhana Reddy, KAR/833/91 · 06.12.20196 yrs old
Encumbrance certificatesSRO HoskoteCert 3,132 & 3,133 · to 18.06.20215-year blind spot

6 · Plot Inventory — RERA-verified

Land-use analysis — approved layout

UseSq mSq ft%
Residential plots (saleable)9,338.97100,52451.86
Roads5,930.6063,83632.93
Park & open space1,805.1219,43010.02
Civic amenity site933.7510,0515.19
Total 18,008.44 sqm · 193,842 sqft · 100%. Reconciles exactly with the RERA portal. Excludes 16 guntas of 'B' kharab which was never converted.

Odd site schedule — filed areas

True
SiteSq mSq ft
1141.771,526
2134.431,447
3133.561,438
9126.331,360
22198.092,132
23128.251,381
3992.66997
40152.351,640
53129.001,389
61137.531,480
Site 39 is the smallest at 997 sqft 31% smaller than a standard plot. Site 22 is the largest at 2,132 sqft.

7 · Land Title & Site Risks

Two landholdings, two families, two JDAs six years apart

Survey No 8/1Survey No 8/2
Extent2 ac 11 gunta2 ac 23 gunta
OwnersPrem Kumar R + Masthanaiah KonchaC. Kamalamma 25% (deceased), C. Mohan 35%, C. Vidya 20%, C. Vandya Srinath 20%
JDA date & number25.05.2019 · HSK-1-01749-2019-2003.08.2013 · HSK-1-04069-2013-14
SharingOwners 42% : Developer 58%Owners 37% : Developer 63%
Signed for promoter byMD Masthanaiah KonchaMD Nagabhushana K.C. Reddy
Project name in JDAnone'CHANDRA KAMAL' (Cl. 13)
  • The portal names three land owners. C. Kamalamma, C. Vidya and C. Vandya Srinath, who together hold 65% of Sy 8/2, are not disclosed at all.
  • All three Form B declarations describe the project land as 'Sy. No. 8/1 and 8/2, measuring 2 Acre 11 Guntas' — the extent of 8/1 alone, roughly half the actual 4 acres 18 guntas.
  • Three inconsistent Form Bs sit on the record simultaneously; two carry no completion date and misspell the village.
  • The defective March version was notarised three months after a corrected June version already existed.

Final Verdict

Section-wise scores

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Composite 19 / 70 27%. Lowest band.

Watch-points

  • Both GPAs from the land owners to Chinthala Realty (HSK-4-00175-2019-20 and HSK-4-00201-2013-14) — neither is on the RERA record, and these are the only instruments giving the promoter power to sell.
  • C. Kamalamma's death certificate and a legal-heir or succession certificate — her 25% of Sy 8/2 is unprobated intestate succession.
  • Book-IV encumbrance certificates from SRO Banashankari and SRO Rajajinagar, 2011 to date — the 11.05.2011 GPA with power to sell was never expressly cancelled on this record.
  • The plot allocation agreements under both JDAs — without them nobody can say whether a given plot falls in the promoter's share or a land owner's.
  • Renewal of HoYoPra/L.A.T/15/2020-21 beyond 26.02.2023, plus final layout approval and site release under Condition 4.
  • Revised conversion orders ALN(Ho.A)SR 27 & 28/2020-21 dated 07.10.2020 — both original orders were breached by six to eight years.

The land is real, converted, and sanctioned for 69 plots, and the plot schedule reconciles exactly with the RERA filing. Everything else argues for extreme caution. The promoter has negative net worth, no revenue in fourteen years, ₹5,594 of cash and ₹2.49 Cr of on-demand director loans. The RERA escrow was opened empty and never used while buyer money moved through a commingled current account from which directors withdrew lakhs. The agreements on file are blank, unsigned templates with 18% buyer interest against zero promoter delay compensation. The only planning permission is a provisional sanction that expressly forbids selling sites, and it lapsed in February 2023.

The single step that neutralises most of the risk: insist that the sale deed be executed by, or with the joinder of, the registered owners of the relevant survey number — not by the promoter alone under a GPA that is not on the RERA record.

This report analyses documents filed with the Karnataka Real Estate Regulatory Authority as at the date of download and market data as at 3 February 2026. It is not legal advice and is not a substitute for an independent title investigation by a lawyer of the buyer's own choosing. Filings may have changed after the download date. Figures attributed to the promoter are the promoter's own declarations.

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Builder financials, the 15 agreement clauses and title risks, taken from the project's RERA filings

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Key facts

Possession
August 2024
Land area
4.44 acres
Total units
69
Open space
48%
Avg price
₹10,065/sq ft

Configurations & pricing

TypePriceSaleableCarpet
4BHK₹2.63 Cr2612 sq ft
4BHK₹3.32 Cr3300 sq ft
4BHK₹3.23 Cr3205 sq ft

Indicative pricing from PropVision property database. Contact us for the current price sheet.

Floor plans (3)

Floor plans from the PropVision property database. Verify final unit plans with the builder.

Location & livability

Metro
Hopefarm Channasandra (6.68 km)
Airport
27.8 km
School
2.59 km
Hospital
2.84 km
Grocery
2.35 km
Mall
2.84 km
Park
0.83 km
Lake
3.49 km

Air Quality Index 43 (pm10 dominant, PM2.5 20.5 µg/m³) · Noise: Very Quiet

Amenities (9)

check_circleAmphitheatre
check_circleBadminton
check_circleGym Indoor
check_circleGym Outdoor
check_circleKids Play Area
check_circlePet Park
check_circleRunning Track
check_circleSwimming Pool
check_circleVolleyball Net

Specifications

Flooring

ItemUsed inNotes
Ceramic FlooringLow-traffic areasMost affordable but least durable
Vitrified TilesLiving areas, bedroomsBetter than ceramic – more durable and stain-resistant
Wooden TexturedLiving areas, bedrooms, balconiesMore stylish than ceramic/vitrified with warm aesthetics
MarblePremium spacesMore luxurious than vitrified but requires more maintenance
Kota StoneMulti-purpose areasNatural stone that's durable and cost-effective; better than ceramic
Anti-Skid TilesToilets, wet areas, balconiesSuperior to regular tiles for safety in wet areas

Doors & Windows

ItemUsed inNotes
Engineered WoodInternal doorsBetter stability and durability than plain flush doors
UPVC Sliding DoorBalconies, exteriorsSuperior insulation & sound-proofing vs aluminium
Aluminium Sliding GlassBalconiesLess expensive than UPVC but inferior insulation
Aluminium + Mosquito MeshBalconies, exteriorsBetter than standard aluminium for pest protection
Polished Teak WoodMain doorsMost premium natural option – better aesthetics than engineered wood
Timber with LaminationInternal doorsBetter moisture resistance than plain wood
Hardwood with PU CoatingExternal/internal doorsExcellent durability, better than uncoated options

Paint

ItemUsed inNotes
Plastic EmulsionInterior wallsBasic washable paint, entry-level option
Acrylic EmulsionInterior/exteriorSuperior to plastic – better durability & colour retention
Textured PaintFeature walls, extsBetter than flat paints for hiding imperfections
Tile CladdingExteriorsMost durable exterior option, superior to paint for longevity
Oil-Bound DistemperBudget interiorsMost economical but inferior to emulsions

Others

ItemUsed inNotes
Construction TechnologyRCC Framed Structure
Sanitary FittingsNot Specified

Frequently asked questions

What is the price of Svasthya Mandala by Hatha Group?expand_more

Svasthya Mandala by Hatha Group is priced from approximately ₹2.63 Cr to 3.32 Cr, across its 4BHK configurations at Varthur. The project's average rate is around ₹10,065/sq ft.

What configurations and sizes does Svasthya Mandala by Hatha Group offer?expand_more

Svasthya Mandala by Hatha Group offers 4BHK (2612 sq ft saleable); 4BHK (3300 sq ft saleable); 4BHK (3205 sq ft saleable).

When is the possession date for Svasthya Mandala by Hatha Group?expand_more

Svasthya Mandala by Hatha Group by Chinthala Realty Private Limited is scheduled for possession in August 2024.

How spacious and low-density is Svasthya Mandala by Hatha Group?expand_more

Svasthya Mandala by Hatha Group has a density of about 16 units/acre over 4.44 acres (69 units), with 48% open space.

Is Svasthya Mandala by Hatha Group a good investment?expand_more

At ₹10,065/sq ft, Svasthya Mandala by Hatha Group is priced below the Varthur market average of ₹11,549/sq ft. Locality investment potential is rated 'Medium'.

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