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OCEANUS
RG-KA-07004 · RERA PRM/KA/RERA/1257/334/PR/171115/001877
Source: official RERA Karnataka filing
Red flags
- Completion date moved by 12 months
- 2 extensions taken
Clear
- No complaints on record
- Separate project account declared
Saved.
OCEANUS is a Mixed Development project by MK BUILDERS AND DEVELOPERS in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/171115/001877 on 15 Nov 2017. Possession is promised by 31 Mar 2020. The completion date has moved by 12 months from the original filing.
At a glance
Project
- NameOCEANUS
- TypeMixed Development
- Location
- Mangalore
- Dakshina Kannada
- PincodeNot stated
- RERA no.PRM/KA/RERA/1257/334/PR/171115/001877
- ReraGenie IDRG-KA-07004
Builder
- NameMK BUILDERS AND DEVELOPERS
- Entity typePartnership Firm
- Authorized SignatoryP KRISHNARAJA MAYYA
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on15 Nov 2017
- Promised completion31 Mar 2020
- Revised completionRevised to 31 Mar 2020 (originally 31 Mar 2019)
- Buildings1 building record
- Documents filed41 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| OCEANUS | - | - | - | - | - | 54 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
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:
| Activity | Progress |
|---|---|
| Earth work and other leveling preparation work | - |
| Foundation footing work | - |
| Retaining wall (All types) | - |
| Plinth level Beam | Not applicable |
| Sub-structure flooring (Parking Floor, more than one floor below general ground level) | - |
| RCC or MS Framed structure | - |
| Masonry construction: Bricks, Concrete blocks etc | - |
| 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 | - |
| Wardrobe, Showcase, Kitchen cabinet, Puja work | Not applicable |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | Not applicable |
| Painting | - |
| Elevation work | Not applicable |
| Internal and External work including landscapes as per santioned drawings | Not applicable |
Progress on shared amenities41
Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Water Supply | Yes | - |
| Internal Roads & Footpaths | No | Not applicable |
| Sewage and Drainage System | Yes | - |
| Parks & Tree planting | No | Not applicable |
| Street Lighting | No | Not applicable |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | No | Not applicable |
| Water conservation | Yes | - |
| Energy management | No | Not applicable |
| Fire protection and fire safety requirements | No | Not applicable |
| Education/Health/Other public amenities | Yes | - |
| Electricity supply transformer and substation | Yes | - |
| Emergency Evacuation services | No | Not applicable |
| Storm water drains | Yes | - |
| Use of renewable energy | No | Not applicable |
| Water conservation/rain water harvesting/recharge of ground water | Yes | - |
| Electricity | Yes | - |
| Smart Home Automation | No | Not applicable |
| CCTV Surveillance | Yes | - |
| Club House | No | Not applicable |
| Community Hall | No | Not applicable |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | Yes | - |
| Swimming Pool | No | Not applicable |
| Gym | Yes | - |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | Yes | - |
| Water and Sanitation | No | Not applicable |
| Air Conditioning And incerntion | No | Not applicable |
| Staircases | Yes | - |
| Lifts | Yes | - |
| Staircases and Lift lobbies, corridor,lobbies, corridor | Yes | - |
| Fire escapes | No | Not applicable |
| Common entrance and exit for the building / common portico/foyer/verandah | Yes | - |
| Basement | Yes | - |
| Terrace | Yes | - |
| Outer Wall | No | Not applicable |
| Open parking areas and common storage spaces | No | Not applicable |
| Provision for lodging of management staff and security staff | No | Not applicable |
| Water conservation and renewable energy | No | Not applicable |
Land and ownership
This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
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.
Certifying professionals and partners2
Certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | NAYAK PAI & ASSOCIATES |
| Engineer | H.Anand Bhat |
Extensions applied for2
A revised date filed with the regulator does not change the possession date in your agreement for sale.
No reason recorded in the filing
Reason as filed by the promoterShortage of Building Materials, Concrete, Jalli etc
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed41
As listed on the registration, under the names the promoter filed them with. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/171115/001877 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| CertificateFile: registration.PDF | - |
| Architect Certificate for Work Completion Schedule till DateFile: ARC-Status-MK.PDF | - |
| Engineer Certificate for Work Completion Schedule till DateFile: ENGR-Status-MK.PDF | - |
| CA Certificate for Funds UtilizationFile: CA -Fund Utilised.pdf | - |
| Architect Certificate for Pending Work Completion Schedule.File: ARC-Pending-MK.PDF | - |
| Engineer Certificate for Pending Work Completion Schedule.File: ENGR -Pending-MK.PDF | - |
| CA Certificate for Funds required for Project CompletionFile: CA -Fund Required.pdf | - |
| AffidavitFile: Ext.PDF | - |
| Latest Encumbrance CertificateFile: EC.pdf | - |
| Consent letter from 2/3rd of AllotteesFile: Oceanus -Consent Letter.PDF | - |
| Details Of Sold/ Un-sold UnitsFile: SoldUnsoldDetails (3).xlsx | - |
| Document 1File: Ext.PDF | - |
| Document 2File: Kar-CA-MK.pdf | - |
| Document 3File: Mk-Lic.PDF | - |
| Document 4File: Com.PDF | - |
| Document 5File: FOrm-B.pdf | - |
| COMENCEMENT_CERTIFICATE | - |
| Approved Plan | - |
| Approved Plan | - |
| S D Not Avi | - |
| MK Land - FInal | - |
| Section Plan | - |
| Approved Plan | - |
| MK BROCHURE | - |
| fire_noc | - |
| m k specification | - |
| MK EC | - |
| Katha | - |
| Conversion | - |
| Balance Sheet 2015 - 2016File: BALANCE SHEET 15-16.PDF | - |
| Balance Sheet 2014 - 2015File: BALANCE SHEET14-15.PDF | - |
| Balance Sheet 2013 - 2014File: BALANCE SHEET 13-14.PDF | - |
| Audited Profit and Loss Statement 2015 - 2016File: P&L 15-16.PDF | - |
| Audited Profit and Loss Statement 2014 - 2015File: P&L 14-15.PDF | - |
| Audited Profit and Loss Statement 2013 - 2014File: P&L 13-14.PDF | - |
| Income Tax Return Acknowledgement 2015 - 2016File: IT 15-16.PDF | - |
| Income Tax Return Acknowledgement 2014 - 2015File: IT 14-15.PDF | - |
| Income Tax Return Acknowledgement 2013 - 2014File: IT 13-14.PDF | - |
| MK FORM B | - |
| Prospectus/BrochureFile: OCEANUS E BROCHURE.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1257_334_PR_171115_001877 (1).xlsx | - |
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Builder: MK BUILDERS AND DEVELOPERS
MK BUILDERS AND DEVELOPERS has 1 registration on RERA Karnataka, including OCEANUS. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Dakshina Kannada district page.
Frequently asked questions
What are my rights if OCEANUS is delayed beyond 31 Mar 2020?
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 OCEANUS?
The registered promoter entity is MK BUILDERS AND DEVELOPERS, a partnership firm as per the filing. Neither this filing nor this promoter's other RERA Karnataka 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 RERA Karnataka listing and in its filed documents.
Is my payment protected in OCEANUS?
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.
Who certifies construction progress at OCEANUS?
The professionals named in the filing: Architect: NAYAK PAI & ASSOCIATES; Engineer: H.Anand Bhat. 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 OCEANUS?
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; why the completion date was revised and what the new timeline depends on.
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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