Home / Browse projects / Bengaluru Urban, Karnataka / The Ocean Spray
The Ocean Spray
RG-KA-91288 · RERA PRM/KA/RERA/1251/446/PR/201001/003605 · Last updated on RERA Karnataka portal: 30 Sep 2020
Source: official RERA Karnataka filing
Red flags
- No red flags in this filing
Clear
- No complaints on record
- Completion date never moved
- Separate project account declared
Saved.
The Ocean Spray is a Residential/Group Housing project by M/s Vaibhav Developers in Bengaluru Urban, Karnataka, registered with RERA Karnataka as PRM/KA/RERA/1251/446/PR/201001/003605 on 1 Oct 2020. Possession is promised by 31 Aug 2022.
At a glance
Project
- NameThe Ocean Spray
- TypeResidential/Group Housing
- Location
- Bengaluru East
- Bengaluru Urban
- PincodeNot stated
- RERA no.PRM/KA/RERA/1251/446/PR/201001/003605
- ReraGenie IDRG-KA-91288
Builder
- NameM/s Vaibhav Developers
- Entity typePartnership Firm
- Authorized SignatoryMohan Reddy S
- OthersVenkata Ramanamma
- Other registrations1 more →
Key dates
Key facts
Registration and timeline
- StatusRegistration approved
- Registered on1 Oct 2020
- Promised completion31 Aug 2022
- Revised completionNone
- Buildings1 building record
- Documents filed39 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| the ocean spray | - | - | - | 20 | 0 | 20 |
The full filing
Everything below is from the project's own RERA Karnataka filing, free to read.
Construction progress by building1
As on 30 Sep 2020, 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:
| Activity | Progress |
|---|---|
| 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 work | - |
| Fire prevention and fire fighting fitting and fixture with network | - |
| Weather Proof work(tile,concrete) | - |
| Painting | - |
| Elevation work | - |
| Internal and External work including landscapes as per santioned drawings | - |
Progress on shared amenities41
As on 30 Sep 2020, 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 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 | Yes | - |
| Provision for community buildings and for treatment and disposal of sewage and sullage water | No | Not applicable |
| Solid waste management and disposal | Yes | - |
| Water conservation | No | Not applicable |
| 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 | No | Not applicable |
| 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 | Yes | - |
| Community Hall | Yes | - |
| Outdoor Sports facility | No | Not applicable |
| Indoor Sports facility | No | Not applicable |
| Swimming Pool | No | Not applicable |
| Gym | Yes | - |
| Parks | No | Not applicable |
| Power Backup | Yes | - |
| Gas | No | Not applicable |
| Water and Sanitation | Yes | - |
| 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 | Yes | - |
| 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 | Yes | - |
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 | RAMESH S |
| Engineer | Vishnu Kumar |
Complaints filed with RERA Karnataka
No complaints on record against this registration.
Documents filed39
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/201001/003605 on the RERA Karnataka portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Balance Sheet 2017-18File: Balance Sheet 2017-18.pdf | 30 Sep 2020 |
| Profit and loss 2017-18File: Profit and Loss 2017-18.pdf | 30 Sep 2020 |
| Balance sheet 2018-19File: Balance sheet 2018-19.pdf | 30 Sep 2020 |
| Profit and loss 2018-19File: profit and loss 2018-19.pdf | 30 Sep 2020 |
| statementFile: Statement.pdf | 30 Sep 2020 |
| BWSSBFile: NOC-BWSSB.pdf | 30 Sep 2020 |
| plan copyFile: PLAN COPY OF VAIBHA.pdf | 14 Jul 2020 |
| affidavit of vendor associates detailsFile: affidavit of vaibhav final-1.pdf | 14 Jul 2020 |
| ITR 2018-19 of vaibhav developersFile: 2018-19 of vaibhav developers.pdf | 14 Jul 2020 |
| ITR 2019-20 of vaibhav developersFile: 2019-20 of vaibhav developers.pdf | 14 Jul 2020 |
| firm copy of vaibhav developersFile: vaibha firam copy.pdf | 14 Jul 2020 |
| Plan copy of vaibhav developersFile: plan copy final vaibhav.pdf | 23 Jun 2020 |
| CC COPY OF VAIBHAV | - |
| PLAN COPY OF VAIBHA-2 | - |
| SALE DEED COPY | - |
| LICENCE COPY OF VAIBHAV | - |
| PLAN COPY OF VAIBHA-2 | - |
| OCEAN SPRAY BEROUCHER | - |
| SPECIFICATION OF VAIBHAV | - |
| EC COPY OF VAIBHAV | - |
| affidavit of vaibhav-form b | - |
| jd com diclaration of vaibhv | - |
| KATHA COPY | - |
| JD COPY VAIBHAV | - |
| SALE DEED COPY | - |
| Unnamed document | - |
| PLAN COPY OF VAIBHA-2 | - |
| PLAN COPY OF VAIBHA-2 | - |
| Balance Sheet 2018 - 2019File: BALANCE SHEET-VAIBHAV.pdf | - |
| Audited Profit and Loss Statement 2018 - 2019File: BALANCE SHEET-VAIBHAV.pdf | - |
| Auditor's Report 2018 - 2019File: BALANCE SHEET-VAIBHAV.pdf | - |
| vaibhav affidavit -2 | - |
| Prospectus/BrochureFile: OCEAN SPRAY BEROUCHER.pdf | - |
| Tower Excel SheetFile: PRM_KA_RERA_1251_446_PR_201001_003605.xlsx | - |
| Occupancy CertificateFile: Occupancy Certificate.pdf | - |
| Common Area and other amenities facilities are completed or not and details of handling over of the same to asFile: Association Deed.pdf | - |
| Details of undivided share of land handed over to the association of allotteesFile: Association Deed.pdf | - |
| Architect certificate for having completed the work(in format no 5)File: Q4 (21-22) From 5.pdf | - |
| Chartered Accountant certificate for having completed the work(in format no 4)File: Form 4CC Vaibhav Developers.pdf | - |
Comparing a few projects?
You have opened several on ReraGenie. A free account keeps them in one list with their booking and possession figures, and puts two to six of them side by side.
How this compares with Bengaluru Urban
Computed across the 4,100+ Bengaluru Urban projects on ReraGenie, from their own filings.
Keep The Ocean Spray on your shortlist
Saving puts this project on your dashboard with its booking and possession figures, ready to place side by side with up to five others. A free account also gets our weekly market digest by email.
Other projects near Bengaluru Urban4,100+ in Bengaluru Urban
Prestige Park Grove
PRESTIGE PROJECTS PRIVATE LIMITED
Prestige Lakeside Habitat
Prestige Habitat Ventures
LivingTree by Kalyani Developers
Kalyani Tech Park Private Limited
PRESTIGE FALCON CITY
PRESTIGE NOTTINGHILL INVESTMENTS
SATTVA CITY
SATTVA CITY PRIVATE LIMITED
GM AMBITIOUS ENCLAVE
M/s. Allam Infinite India Private Limited
See every Bengaluru Urban project, with the district possession charts
Builder: M/s Vaibhav Developers
M/s. VAIBHAV DEVELOPERS has 2 registrations on RERA Karnataka, including VAIBHAV PRIDE and The Ocean Spray. Its filings disclose no earlier RERA Karnataka projects. Read the full track record. See more projects on the Bengaluru Urban district page.
Frequently asked questions
What are my rights if The Ocean Spray is delayed beyond 31 Aug 2022?
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 The Ocean Spray?
The registered promoter entity is M/s Vaibhav 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 The Ocean Spray?
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 The Ocean Spray?
The professionals named in the filing: Architect: RAMESH S; Engineer: Vishnu Kumar. 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 The Ocean Spray?
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.
Report an error Share feedback