High ambient temperatures

Hello all,
This is the PC rig which I've ordered:
PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i7-4790K 4.0GHz Quad-Core Processor ($338.99 @ NCIX US)
CPU Cooler: Corsair H110 94.0 CFM Liquid CPU Cooler ($114.99 @ Amazon)
Motherboard: ASRock Z97 EXTREME4 ATX LGA1150 Motherboard ($128.99 @ Newegg)
Memory: Corsair Dominator Platinum 16GB (2 x 8GB) DDR3-1600 Memory ($229.99 @ Amazon)
Storage: Samsung 840 EVO 500GB 2.5" Solid State Drive ($247.98 @ OutletPC)
Storage: Seagate Constellation ES.3 4TB 3.5" 7200RPM Internal Hard Drive ($279.99 @ NCIX US)
Video Card: Sapphire Radeon R9 290 4GB Tri-X Video Card ($415.38 @ Newegg)
Case: NZXT Phantom 530 (Black) ATX Full Tower Case ($119.99 @ Micro Center)
Power Supply: Cooler Master VSM 750W 80+ Gold Certified Semi-Modular ATX Power Supply ($99.00 @ Newegg)
Optical Drive: HP DVD1265I DVD/CD Writer ($39.99 @ Best Buy)
Operating System: Microsoft Windows 8.1 (OEM) (64-bit) ($89.98 @ OutletPC)
Monitor: Asus PB287Q 60Hz 28.0" Monitor ($608.99 @ SuperBiiz)
Wireless Network Adapter: D-Link DWA-180 802.11a/b/g/n/ac USB 2.0 Wi-Fi Adapter ($37.21 @ Amazon)
Keyboard: Razer BlackWidow Wired Gaming Keyboard ($90.00 @ Mechanical Keyboards)
Mouse: Razer Naga Molten Wired Laser Mouse ($78.98 @ SuperBiiz)
Total: $2920.45
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-08-08 21:36 EDT-0400

It has been ordered and I'll get the components by next Friday.
What I'm worried about are the ambient temps here. It can fluctuate anything between 20C in winters and 40-48C in summers. Also, I might OC the CPU, and that is why I've got a H110 Liquid Cooler.
I've a big, well ventilated custom PC/ books table specifically built for my new rig, which is this one.
It got lots and lots of room and ventilation.
I have AC in my room but it may not be on 24/7 while my PC may be on the whole day. Under AC, temps don't rise above 26-28C, but when it's off, they may go upto 35-40C.
Do you think this setup will sustain the extreme heat here (in India)? If not, what else shall I do?
I just wanted to confirm it.
 


Thanks for the reply. The Cooler has 2X140mm fans. The Case has so many setup options, I chose the 1st one from here:
http://www.tomshardware.com/answers/id-2082628/nzxt-phantom-530-fan-setup.html
3 intakes, 3 exhausts.
I'll run the cooler as you stated. So I guess that'll do?