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Registration approved No litigation declared Residential/Group Housing project

Oyster bay

By Team One

RG-KA-25135 · RERA PRM/KA/RERA/1257/334/PR/030622/004961 · Last updated on RERA Karnataka portal: 21 May 2022

Source: official RERA Karnataka filing

Red flags

  • No red flags in this filing

Clear

  • No litigation declared
  • No complaints on record
  • Completion date never moved
  • Separate project account declared
Nov 2024Possession promisedno revision filed
0Complaints at RERA Karnatakaon this registration
Jump to the 139 documents Report an error

Oyster bay is a Residential/Group Housing project by Team One in Dakshina Kannada, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1257/334/PR/030622/004961 on 3 Jun 2022. Possession is promised by 1 Nov 2024.

At a glance

Project

  • NameOyster bay
  • TypeResidential/Group Housing
  • Location
    • Mangalore
    • Dakshina Kannada
    • 575014
  • Pincode575014
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.PRM/KA/RERA/1257/334/PR/030622/004961
  • ReraGenie IDRG-KA-25135

Builder

  • NameTeam One
  • Entity typePartnership Firm
  • Authorized SignatoryPETER MASCARENHAS
  • Other registrations2 more →
  • Declared earlier projects3 →

Key dates

this monthRegisteredJun 2022PromisedNov 2024

Key facts

Registration and timeline

  • StatusRegistration approved
  • Registered on3 Jun 2022
  • Promised completion1 Nov 2024
  • Revised completionNone
  • Buildings1 building record
  • Documents filed139 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
Oyster Residency---18018

The full filing

Everything below is from the project's own RERA Karnataka filing, free to read.

Construction progress by building1

As on 21 May 2022, 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.

Building:

ActivityProgress
Earth work and other leveling preparation work-
Foundation footing work-
Upto Plinth Level-
Sub-structure flooring (Parking Floor, more than one floor below general ground level)-
Retaining wall (All types)Not applicable
RCC or MS Framed structure-
Masonry Construction-
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-
Painting-
Fire prevention and fire fighting fitting and fixture with network-
Weather Proof work(tile,concrete)-
Wardrobe, Showcase, Kitchen cabinet, Puja workNot applicable
Elevation work-
Internal and External work including landscapes as per sanctioned drawings-

Progress on shared amenities40

As on 21 May 2022, 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
Water SupplyYes-
Sewage and Drainage SystemYes-
Water conservation/rain water harvesting/recharge of ground waterYes-
Energy managementNoNot applicable
Fire protection and fire safety requirementsYes-
Solid waste management and disposalYes-
Emergency Evacuation servicesNoNot applicable
Internal Roads & FootpathsNoNot applicable
Electricity supply transformer and substationYes-
Storm water drainsYes-
Use of renewable energyNoNot applicable
Sewage Treatment Plant (STP)Yes-
Parks & Tree plantingYes-
Street LightingNoNot applicable
ElectricityYes-
Smart Home AutomationNoNot applicable
CCTV SurveillanceYes-
Club HouseNoNot applicable
Community HallNoNot applicable
Outdoor Sports facilityNoNot applicable
Indoor Sports facilityNoNot applicable
Swimming PoolNoNot applicable
GymNoNot applicable
ParksNoNot applicable
Power BackupYes-
Piped GasYes-
Water and SanitationNoNot applicable
Air ConditioningNoNot applicable
StaircasesYes-
LiftsYes-
Corridor/LobbiesNoNot applicable
Fire escapesYes-
Common entrance and exit for the building/common portico/foyer/verandahYes-
BasementNoNot applicable
TerraceNoNot applicable
Outer WallNoNot applicable
Open parking areasNoNot applicable
Provision for lodging of management staff and security staffNoNot applicable
Water conservation and renewable energyNoNot applicable
Common storage spacesNoNot applicable

Land and ownership8

This page carries no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.

Land area1,226 sq m
Named landowners8
LandownerVillageDistrict
VINITH JALAN--
vinith jalan--
Vinith Jalan--
VINITH JALAN--
VINITH JALAN--
VINITH JALAN--
VINITH JALAN--
VINITH JALAN--

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 5.45 cr
Cost lineEstimatedIncurred
Estimated Cost of Construction as certified by EngineerRs 5.45 cr-

Certifying professionals and partners3

Certificates from these professionals release the promoter's withdrawals from the 70 percent account.

RoleName
ArchitectPeter Mascarenhas
EngineerVimal Anil Associates
Chartered AccountantPARINEETH RAU

Complaints filed with RERA Karnataka

No complaints on record against this registration.

Documents filed139

As listed on the registration, under the names the promoter filed them with; the newest 80 of 139 are shown. The files themselves are available at source: search the registration number PRM/KA/RERA/1257/334/PR/030622/004961 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.

DocumentUploaded
BALANCE SHEET AND PROFIT AND LOSS WITH UDINFile: BALANCE SHEET AND PROFIT AN LOSS WITH UDIN.pdf21 May 2022
chartered accountant UDIN to profit and loss account and Balance sheet for 2019-20 and 2020-21File: CA CERTIFICATE FOR NO UDIN-TEAM ONE.pdf6 May 2022
Mention chartered accountant UDIN to profit and loss account and Balance sheet for 2019-20 and 2020File: CA CERTIFICATE FOR NO UDIN-TEAM ONE.pdf4 Feb 2022
Need to upload the certified copy obtained by the concerned Sub-registrarFile: guidance-teamone.jpg4 Feb 2022
Need notarized affidavit having no litigationFile: non litigation team one.pdf4 Feb 2022
UDIN to profit and loss account and Balance sheet for 2018-19, we have already uploaded earlierFile: TEAM ONE-BS-2018-19.pdf19 Jan 2022
Need sale deed and title deed in the name of land owner and promoteFile: JDA.pdf19 Jan 2022
Need Joint affidavit cum declaration as prescribed by RERAFile: AFFIDAVIT CUM DECLARATION.pdf19 Jan 2022
Need Form-BFile: FORMB.pdf19 Jan 2022
Need to upload the certified copy obtained by the concerned Sub-registrar regarding value of the proFile: guidance value certified copy.pdf19 Jan 2022
Need notarized Non- litigation affidavitFile: affidavit.pdf19 Jan 2022
Section 3(1) Notarized affidavit.File: affidavit.pdf19 Jan 2022
AOS not comprising of required details. Therefore Please upload the Proforma Agreement of Sale (AOS)File: AOS_merged.pdf19 Jan 2022
fire nocFile: fire noc_compressed.pdf19 Jan 2022
Firm registration certificateFile: TeamOne Reg Cert.jpg4 Jan 2022
AUDITED P&l AND BS 2020-21File: Team one 2020-21.pdf4 Jan 2022
MESCOM NOCFile: mescom noc.pdf4 Jan 2022
FORMBFile: formb.pdf4 Jan 2022
AFFIDAVITFile: affidavit.pdf4 Jan 2022
KSPCBFile: Environment1_merged.pdf4 Jan 2022
VALUATIONFile: vaulation1.pdf4 Jan 2022
STPFile: STP DETAILS.pdf4 Jan 2022
COMMON AREA DETAILSFile: COMMON AREA FOR RERA.pdf4 Jan 2022
PROFOMA FOR AGREEMENT TO SALEFile: Proforma Sale Agreement.pdf4 Jan 2022
SPECIFICATIONFile: Specification Amenities.pdf4 Jan 2022
APPROVED LICENSE DRAWINGSFile: MYSCAN_0286.PDF4 Jan 2022
APPROVED LICENSE DRAWINGSFile: MYSCAN_0289.PDF4 Jan 2022
APPROVED LICENSE DRAWINGSFile: MYSCAN_0290.PDF4 Jan 2022
APPROVED LICENSE DRAWINGSFile: MYSCAN_0291.PDF4 Jan 2022
RTC, survey 82-A13P3-
Mutation, survey 82-A13P3-
Encumbrance Certificate, survey 82-A13P3-
Conversion/Alienation Order, survey 82-A13P3-
JDA, survey 82-A13P3-
Khatha, survey 82-A13P3-
RTC, survey 82-A13P2-
Mutation, survey 82-A13P2-
Encumbrance Certificate, survey 82-A13P2-
Conversion/Alienation Order, survey 82-A13P2-
JDA, survey 82-A13P2-
Khatha, survey 82-A13P2-
RTC, survey 68-17P5-
Mutation, survey 68-17P5-
Encumbrance Certificate, survey 68-17P5-
Conversion/Alienation Order, survey 68-17P5-
JDA, survey 68-17P5-
Khatha, survey 68-17P5-
RTC, survey 82-A1A7P2-
Mutation, survey 82-A1A7P2-
Encumbrance Certificate, survey 82-A1A7P2-
Conversion/Alienation Order, survey 82-A1A7P2-
JDA, survey 82-A1A7P2-
Khatha, survey 82-A1A7P2-
RTC, survey 82-A13P2-
Mutation, survey 82-A13P2-
Encumbrance Certificate, survey 82-A13P2-
Conversion/Alienation Order, survey 82-A13P2-
JDA, survey 82-A13P2-
Khatha, survey 82-A13P2-
RTC, survey 82-A13P1-
Mutation, survey 82-A13P1-
Encumbrance Certificate, survey 82-A13P1-
Conversion/Alienation Order, survey 82-A13P1-
JDA, survey 82-A13P1-
Khatha, survey 82-A13P1-
RTC, survey 82/A13P2-
Mutation, survey 82/A13P2-
Encumbrance Certificate, survey 82/A13P2-
Conversion/Alienation Order, survey 82/A13P2-
JDA, survey 82/A13P2-
Khatha, survey 82/A13P2-
RTC, survey 82-A1A7P1-
Mutation, survey 82-A1A7P1-
Encumbrance Certificate, survey 82-A1A7P1-
Conversion/Alienation Order, survey 82-A1A7P1-
JDA, survey 82-A1A7P1-
Khatha, survey 82-A1A7P1-
Registration CertificateFile: partnership deed.pdf-
Partnership DeedFile: partnership deed.pdf-
Partner Details-

Promoter's earlier projects2

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.

2 declared completed, no finish date filed
ProjectLocationStatusPromisedDelivered
Pebble beach258/2p SurathkalCompleted-No date filed
Casa de CoelhoAttavarCompleted-No date filed

How this compares with Dakshina Kannada

30%of Dakshina Kannada projects moved their completion datethis one has not
0%of Dakshina Kannada registrations are shown as withdrawn or revokedthis one is not

Computed across the 620+ Dakshina Kannada projects on ReraGenie, from their own filings.

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Other projects near Dakshina Kannada620+ in Dakshina Kannada

2 kmOyster bayOther 11Dot size: filed unitsN

Filed coordinates, straight-line distance. 11 registered projects within 2 km.

Builder: Team One

Team One has 3 registrations on RERA Karnataka, including Oyster bay and BAY SIDE. Its filings declare 3 earlier projects, 2 of them declared completed. Read the full track record. See more projects on the Dakshina Kannada district page.

Frequently asked questions

What are my rights if Oyster bay is delayed beyond 1 Nov 2024?

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 Oyster bay?

The registered promoter entity is Team One, 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 Oyster bay?

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 Oyster bay?

The professionals named in the filing: Architect: Peter Mascarenhas; Engineer: Vimal Anil Associates; Chartered Accountant: PARINEETH RAU. 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 Oyster bay?

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; whether construction progress keeps pace with sales in the coming quarters.

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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