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Completed No litigation declared Others project

OCEANIC

By SHRI OMKAR CONSTRUCTION COMPANY

RG-MH-59169 · RERA P51900011245 · Last updated on MahaRERA portal: 15 Mar 2021

Source: official MahaRERA filing

Red flags

  • Completion date moved by 36 months
  • 2 extensions taken

Clear

  • No litigation declared
  • No complaints on record
  • Separate project account declared
  • Allotment letter follows the model form
  • Recorded completed on MahaRERA

2 conditions are on this record. What each one means for someone buying here, and what the promoter's own filed documents say behind it, is what the buyer report adds.

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Feb 2022Possession promisedregistration recorded completed
11 of 11Construction stages doneevery applicable stage filed complete
0Complaints at MahaRERAon this registration
Jump to the 23 documents Report an error

OCEANIC is a Others project by SHRI OMKAR CONSTRUCTION COMPANY in Mumbai City, Maharashtra, registered with MahaRERA as P51900011245 on 31 Aug 2017. The registration is recorded completed; possession was promised by 1 Feb 2022. The completion date has moved by 36 months from the original filing.

At a glance

Project

  • NameOCEANIC
  • TypeOthers
  • Location
    • Mumbai City
    • 400016
  • Pincode400016
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P51900011245
  • ReraGenie IDRG-MH-59169

Builder

  • NameSHRI OMKAR CONSTRUCTION COMPANY
  • Entity typePartnership
  • PartnersPOPATLAL KHIMCHAND ALIAS DHANRAJ VARDHAN, JITENDRA KANTILAL SHAH, BRINDA JITENDRA SHAH, LILAVATI KANTILAL SHAH, SONIHIDEVI POPATLAL VARDHAN

Key dates

this monthRegisteredAug 2017First promiseFeb 2019Revised toFeb 2022Recorded completed

Key facts

Registration and timeline

  • StatusCompleted
  • Registered on31 Aug 2017
  • Promised completion1 Feb 2022
  • Revised completionRevised to 1 Feb 2022 (originally 4 Feb 2019)
  • Buildings1 building record
  • Documents filed23 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
OCEANIC WING ANA300000

The full filing

Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.

Construction progress by building1

As on 15 Mar 2021, 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.

11 of 11 construction stages are filed complete.

OCEANIC WING A: 100% average across the applicable activities

ActivityProgress
Excavation100%
Basement (if any)100%
Podiums (if any)100%
Plinth100%
Stilt Floor100%
Slabs of Super Structure100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks100%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.100%

Progress on shared amenities15

As on 15 Mar 2021, 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
Internal Roads & FootpathsNoNot applicable
Water SupplyYes95%
Sewerage (Chamber, Lines, Septic Tank , STP)Yes100%
Storm Water DrainsYes100%
Landscaping & Tree PlantingYes100%
Street LightingNoNot applicable
Community BuildingsNoNot applicable
Treatment And Disposal Of Sewage And Sullage WaterNoNot applicable
Solid Waste Management And DisposalNoNot applicable
Water conservation /Rain water harvestingYes100%
Energy managemcntNoNot applicable
Fire protection and fire safety requirementsYes100%
Electrical meter room, sub-station, receiving stationYes100%
Aggregate area of recreational Open SpaceNoNot applicable
Open ParkingNoNot applicable

Land and ownership

MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area724 sq m
Land owned byThe promoter
Named landownersNone

Approvals and building plan

Permissible FSI1809.35
Proposed, not sanctioned1,809 sq m
Buildings approved1
Buildings sanctioned1

Project account and cost

70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.

Separate project accountDeclared
Bank branchN S PATKAR MARG GAMDEVI MUMBAI

Certifying professionals and partners3

Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectANIL PATIL
ArchitectSKYLINE ARCHITECTS
EngineerSTRUCT BOMBAY CONSULTANT
PartnerRole in project
SHRI OMKAR CONSTRUCTION COMPANY-

Extensions applied for2

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

EXT51900001311Feb 2019 → Feb 2021

Reason as filed by the promotersome of the Purchasers are willing to make some amendments in their respective flats considering the DCPR 2034, & due to delay in applicability of DCPR 2034 which are now applicable from 13/11/2018, hence to complete the project considering these ammendments we request you to kindly extend the date of completion of project till 03rd february 2020. Please note that the rehab wing for rehabilitation of tenants is ready and we have applied for Part Occupation Certificate for the said Rehab Wing. thank you & oblige

EXT51900005647Feb 2019 → Feb 2021

Reason as filed by the promoterBUILDING IS FULLY COMPLETE. WE NEED EXTENSION FOR OBTAINING OC from MCGM

Complaints filed with MahaRERA

No complaints on record against this registration.

The permission chain

The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.

  1. Legal title reportOn the file

    A lawyer's report on who owns the land and what is registered against it.

    uploaded 17 Aug 2017
  2. Layout approvalOn the file

    The planning authority's approval of how the plots and buildings sit on the land.

    uploaded 17 Aug 2017
  3. Building plan approvalOn the file

    Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.

    uploaded 17 Aug 2017
  4. Commencement CertificateOn the file

    Permission to begin construction. On a plotted development the same slot carries the NA order instead.

    uploaded 17 Aug 2017Confirm the Commencement Certificate covers the specific floor you are buying.
  5. Occupancy CertificateOn the file

    The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.

    uploaded 13 Mar 2021

Documents filed23

As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
Annual Audit Report of Statutory CA (Form 5) (FY 2018-19)File: ITR 2018-19.pdf15 Mar 2021
Annual Audit Report of Statutory CA (Form 5) (FY 2019-20)File: ITR 2019-20.pdf15 Mar 2021
Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: final OC.pdf13 Mar 2021
Engineers Certificate on Quality Assurance (Form 2A FY 2019-20)File: final OC.pdf2 Mar 2021
Architect’s Certificate on Completion of Project (Form 4)File: FORM 4.pdf29 Jan 2020
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1.pdf23 Nov 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 Table A.pdf23 Nov 2018
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: FORM 1 Table B.pdf23 Nov 2018
Certificates of CA (Form 5)File: form 5.pdf15 Oct 2018
Details of encumbrancesFile: Declaration for encumbrances.pdf22 Aug 2017
Declaration in FORM BFile: form B final.pdf22 Aug 2017
Certificates of Architect (Form 1)(Mandatory for only ongoing project)File: ARCHITECTURE CERTIFICATE.pdf22 Aug 2017
Proforma of Allotment letterFile: Declaration for Agreements.pdf22 Aug 2017
OtherFile: others vijaya bank noc.pdf22 Aug 2017
Layout approvalFile: Omkar Layout.pdf17 Aug 2017
Building plan approvalFile: omkar iod.pdf17 Aug 2017
PAN CardFile: Omkar pan card.pdf17 Aug 2017
Copy of the legal title reportFile: omkar title.pdf17 Aug 2017
Copy of Layout Approval (in case of layout)File: Omkar Layout.pdf17 Aug 2017
Building Plan Approval (IOD)File: omkar iod.pdf17 Aug 2017
Commencement Certificates / NA Order for plotted developmentFile: omkar cc.pdf17 Aug 2017
Certificates of Engineer (Form 2)(Mandatory for only ongoing project)File: Form 2 Eng Certificate.pdf17 Aug 2017
Certificates of CA (Form 3)File: Form 3 CA Certificate Omkar.pdf17 Aug 2017

How this compares with Mumbai City

33%of Mumbai City projects moved their completion datethis one moved by 36 months
25%of Mumbai City registrations have lapsed or been cancelledthis one is completed

Computed across the 780+ Mumbai City projects on ReraGenie, from their own filings.

Free monthly report: Mumbai on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.

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How alerts work

Other projects near Mumbai City780+ in Mumbai City

2 kmOCEANICCompleted 77Lapsed / revoked 61Other 86Dot size: filed unitsN

Filed coordinates, straight-line distance. 224 registered projects within 2 km.

Builder: SHRI OMKAR CONSTRUCTION COMPANY

SHRI OMKAR CONSTRUCTION COMPANY has 1 registration on MahaRERA, including OCEANIC. Its filings disclose no earlier MahaRERA projects. Read the full track record. See more projects on the Mumbai City district page.

Frequently asked questions

What are my rights if OCEANIC is delayed beyond 1 Feb 2022?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of OCEANIC?

The registered promoter entity is SHRI OMKAR CONSTRUCTION COMPANY, a partnership as per the filing. Neither this filing nor this promoter's other MahaRERA 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 MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.

Is my payment protected in OCEANIC?

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; since July 2024 MahaRERA requires a three-account structure for collections. 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 current is the construction progress shown for OCEANIC?

Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.

Who certifies construction progress at OCEANIC?

The professionals named in the filing: Architect: ANIL PATIL; Architect: SKYLINE ARCHITECTS; Engineer: STRUCT BOMBAY CONSULTANT. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) 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 OCEANIC?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses 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. The Rs 499 buyer report works through all of them from the filings.

Read the whole filing and still not sure? That is what the Rs 499 buyer report is for: the conditions on this record read one by one, the progress against the promise, this promoter's other registrations, what the filed documents themselves say, and a ZIP of every document on the filing. It carries the Rs 299 project watch free for 90 days.

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