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Registration approved Residential/Group Housing project

Oceanus Tranquil

By Oceanus Dwellings (P) Ltd

RG-KA-30727 · RERA PRM/KA/RERA/1251/446/PR/171208/000997

Source: official RERA Karnataka filing

Red flags

  • 5 complaints at RERA Karnataka
  • Completion date moved by 12 months
  • 2 extensions taken

Clear

  • Separate project account declared
Jun 2020Possession promisedmoved 12 months from the original
5Complaints at RERA Karnatakaon this registration
Jump to the 50 documents Report an error

Oceanus Tranquil is a Residential/Group Housing project by Oceanus Dwellings (P) Ltd in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/171208/000997 on 8 Dec 2017. Possession is promised by 28 Jun 2020. The completion date has moved by 12 months from the original filing. 5 complaints are on record with the regulator.

At a glance

Project

  • NameOceanus Tranquil
  • TypeResidential/Group Housing
  • Location
    • Bengaluru East
    • Bengaluru Urban
  • PincodeNot stated
  • RERA no.PRM/KA/RERA/1251/446/PR/171208/000997
  • ReraGenie IDRG-KA-30727

Builder

  • NameOceanus Dwellings (P) Ltd
  • Entity typeCompany
  • CINU07010KA2003PTC031632
  • Authorized SignatoryP.K.CHACKO
  • OthersAnand G
  • Declared earlier projects1 →

Key dates

this monthRegisteredDec 2017First promiseJun 2019Revised toJun 2020

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on8 Dec 2017
  • Promised completion28 Jun 2020
  • Revised completionRevised to 28 Jun 2020 (originally 28 Jun 2019)
  • Buildings4 building records
  • Documents filed50 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Tower A---76076
Tower B---77077
Tower C---76076
Tower D---76076

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:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Retaining wall (All types)-
Plinth level Beam-
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 workNot applicable
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Painting-
Elevation workNot applicable
Internal and External work including landscapes as per santioned drawings-

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 facilityProposedProgress
Water SupplyYes-
Internal Roads & FootpathsYes-
Sewage and Drainage SystemYes-
Parks & Tree plantingYes-
Street LightingYes-
Provision for community buildings and for treatment and disposal of sewage and sullage waterYes-
Solid waste management and disposalYes-
Water conservationYes-
Energy managementYes-
Fire protection and fire safety requirementsNoNot applicable
Education/Health/Other public amenitiesYes-
Electricity supply transformer and substationYes-
Emergency Evacuation servicesYes-
Storm water drainsYes-
Use of renewable energyYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseYes-
Community HallYes-
Outdoor Sports facilityYes-
Indoor Sports facilityYes-
Swimming PoolYes-
GymYes-
ParksYes-
Power BackupYes-
GasNoNot applicable
Water and SanitationNoNot applicable
Air Conditioning And incerntionNoNot applicable
StaircasesYes-
LiftsYes-
Staircases and Lift lobbies, corridor,lobbies, corridorYes-
Fire escapesYes-
Common entrance and exit for the building / common portico/foyer/verandahYes-
BasementYes-
TerraceYes-
Outer WallYes-
Open parking areas and common storage spacesYes-
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot 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.

Land area15,176 sq m
Named landownersNone

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.

Separate project accountDeclared
Estimated costRs 65.58 cr

Extensions applied for2

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

ExtensionJun 2019 → Mar 2021

No reason recorded in the filing

EX/PRM/KA/RERA/1251/446/PR/200117/000997Mar 2021 → Jun 2020

Reason as filed by the promoterothers

Complaints filed with RERA Karnataka5

Case no.ComplainantRespondentFiled
CMP/190613/0003296-Oceanus Dwellings (P) Ltd13/06/2019
CMP/200823/0006122-Oceanus Dwellings (P) Ltd23/08/2020
CMP/201011/0006820-Oceanus Dwellings (P) Ltd11/10/2020
00979/2023-Oceanus Dwellings (P) Ltd27/06/2023
01241/2024-Oceanus Dwellings (P) Ltd25/11/2024

Documents filed50

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/1251/446/PR/171208/000997 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
CertificateFile: certificate incorporation ODPL.pdf-
Architect Certificate for Work Completion Schedule till DateFile: Arc certificate - work completed tranquil.pdf-
Engineer Certificate for Work Completion Schedule till DateFile: Engg certificate - work completed tranquil.pdf-
CA Certificate for Funds UtilizationFile: CA certificate.pdf-
Architect Certificate for Pending Work Completion Schedule.File: Arc certificate - work pending tranquil.pdf-
Engineer Certificate for Pending Work Completion Schedule.File: Engg certificate - work pending Tranquil.pdf-
CA Certificate for Funds required for Project CompletionFile: CA certificate.pdf-
AffidavitFile: Form B- Tranquil.pdf-
Latest Encumbrance CertificateFile: EC - Tranquil.pdf-
Consent letter from 2/3rd of AllotteesFile: Consent letter.pdf-
Details Of Sold/ Un-sold UnitsFile: Sold flat details.pdf-
Document 1File: Bank Statement.pdf-
Document 2File: Affidavit cum Declaration.pdf-
Document 3File: Affidavit.pdf-
Document 4File: Covering letter.pdf-
Document 5File: Reply to notice dt 18-12-2019.pdf-
Tranquil - CC-
Site Plan-
Site Plan-
Sale Deed - Developers Share -Tranquil-
AGREEMENT TRANQUIL-
Club Khatha - Tranquil-
Site Plan-
Site Plan-
ALLOTMENT LETTER-
Brochure Tranquil-
Tranquil AAI NOC-
CONSTRUCTION SPECIFICATIONS OF OCEANUS TRANQUIL-
EC-
Balance Sheet 2015 - 2016File: Final Accounts 2015-16.pdf-
Balance Sheet 2014 - 2015File: final accounts 14-15.pdf-
Balance Sheet 2013 - 2014File: final accounts 2013-14.pdf-
Audited Profit and Loss Statement 2015 - 2016File: Final Accounts 2015-16.pdf-
Audited Profit and Loss Statement 2014 - 2015File: final accounts 14-15.pdf-
Audited Profit and Loss Statement 2013 - 2014File: final accounts 2013-14.pdf-
Director's Report 2015 - 2016File: directors report.pdf-
Director's Report 2014 - 2015File: directors report.pdf-
Director's Report 2013 - 2014File: directiors report.pdf-
Cash Flow Statement 2015 - 2016File: cash flow statement ODPL 2015-16-1.pdf-
Cash Flow Statement 2014 - 2015File: Cash flow - 15.pdf-
Auditor's Report 2015 - 2016File: auditors report.pdf-
Auditor's Report 2014 - 2015File: auditors report.pdf-
Auditor's Report 2013 - 2014File: AUDITORS REPORT - ODPL 2013-14.pdf-
Income Tax Return Acknowledgement 2015 - 2016File: IT acknowldgement.pdf-
Income Tax Return Acknowledgement 2014 - 2015File: IT acknowledgement.pdf-
Income Tax Return Acknowledgement 2013 - 2014File: IT ackomwledgment.pdf-
Form B-
Prospectus/BrochureFile: N A.pdf-
Advertisement Copy 1File: N A.pdf-
Tower Excel SheetFile: PRMKARERA1251446PR171208000997.xlsx-

Promoter's earlier projects1

As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.

1 not delivered by the promised date
ProjectLocationStatusPromisedDelivered
Oceanus Tranquil-OngoingAug 2017Not delivered

How this compares with Bengaluru Urban

34%of Bengaluru Urban projects moved their completion datethis one moved by 12 months
1%of Bengaluru Urban registrations are shown as withdrawn or revokedthis one is not

Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.

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Builder: Oceanus Dwellings (P) Ltd

Oceanus Dwellings (P) Ltd has 1 registration on RERA Karnataka, including Oceanus Tranquil. Its filings declare 1 earlier project, none of them declared completed. Read the full track record. See more projects on the Bengaluru Urban district page.

Frequently asked questions

What are my rights if Oceanus Tranquil is delayed beyond 28 Jun 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 Tranquil?

The registered promoter entity is Oceanus Dwellings (P) Ltd, a company as per the filing. Its CIN U07010KA2003PTC031632 can be cross-checked on the MCA and GST portals. 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 Tranquil?

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.

How do I read the complaint cases filed against Oceanus Tranquil?

Each case number above is a complaint filed with RERA Karnataka. Orders bind the promoter. Before booking, check whether past orders were complied with, not just whether complaints exist; an ignored order is a stronger warning than the complaint itself.

What should I check before booking in Oceanus Tranquil?

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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