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PropertyLensBengaluru · invest
Financial & legal due diligence · public record · 18 Oct 2026

Oceanus Tranquil

Oceanus Dwellings · KR Puram / Mahadevapura / Hoskote Road · Sy.No.55& 58, Margondanahally Village, Bidrahalli Hobli

Promoter entityOceanus Dwellings (P) Ltd
Entity type · PANCompany · AAACO6011G
Developer brandOceanus Dwellings · #97 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/171208/000997
Planning authorityBDA - Bangalore Development Authority
Sanctioned plannot filed
Escrow bankHDFC, BTM LAYOUT
Land3.75 acres
Court cases declared0
Complaints at K-RERA5 on this project · 12 on the promoter
Record fetchedSep 2026
2 red flags2 to watch2 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171208/000997. Prices and rents are locality estimates, not verified listings. This report records what the Karnataka RERA file, the promoter’s quarterly filings, the complaint register, public credit ratings and company filings say. It states facts and flags them; it does not judge the investment. Prices, returns and the investment score live in the separate full report.

Financial & legal due diligence

What the public record says

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171208/000997. Prices and rents are locality estimates, not verified listings. Compiled Sep 2026 from the Karnataka RERA file, company registers, rating agencies, tribunal records and press. Facts only; anything that deserves a written answer before signing is flagged.

2 red2 watch2 positive
Delivery timeline3/10
2 extensions on the registration (−4); a registration completion date has already passed (−2)
Legal & complaints6.5/10
5 RERA complaints on the project (−2.5)
Money to finish8/10
finance cost is 0% of the registered budget
Developer strength5/10
no public credit rating for the promoter

Meters are rule-based from the RERA file and public ratings (rules shown under each), not opinions.

Registration
PRM/KA/RERA/1251/446/PR/171208/000997 · Oceanus Dwellings (P) Ltd
Past RERA date
RegisteredJan 2014Original completionJun 2019Section 6 ext.Jun 2020Covid ext.Mar 2021TodaySep 2026
Construction60%
registration-time status
Collected (at registration)₹42.51 Cr
Spent₹46.04 Cr
Balance with promoter₹0
Delay declaredNo
No litigation declared5 complaints · 0 openEscrow: HDFC
Credit ratings of the people behind it

No public credit rating located for the promoter.

Oceanus Dwellings (P) Ltd: no public rating located

Complaints & disputes on record
On this project50 open
On the promoter entity12all projects
Court cases declared0no stay recorded
What complainants raise
  • Pending of Works as per plan and brochure
  • Praying for complete refund because of delay in giving flat possession by builder
  • Open private terrace added below flat
  • Refund due to Delay in Completion
At a glance
Registration extended 2×

Registration extended 2× — from 2019-06-28 to 2020-06-28 (already passed)

60% built

60% built per the latest filing

5 RERA complaints, 0 open

5 RERA complaints on this project (0 open); 12 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹106 cr — where it goes
Land ₹40.2 cr · 38%Construction & on-site ₹65.6 cr · 62%
No litigation declaredBorrowing declared: not statedEscrow at HDFC

Complaint log (K-RERA) · 5 on this project

  • Nov 2024Pending of Works as per plan and brochuredisposed
  • Jun 2023Praying for complete refund because of delay in giving flat possession by builderdisposed
  • Oct 2020Open private terrace added below flatdisposed
  • Aug 2020Refund due to Delay in Completiondisposed
  • Jun 2019REFUND THE PAID AMOUNT ALONG WITH INTERESTdisposed
Complaints by status
Disposed (Authority)
4
Disposed (adjudicating officer)
1

Red flags to resolve in writing

1
Timeline

Registration extended 2 times: original completion 2019-06-28, now 2020-06-28.

2
Timeline

RERA completion date 2020-06-28 has passed without a completion application.

Questions to put to the developer before you sign

  1. Share the latest CA Form 4 and architect Form 5 with the escrow deposit ratio.
  2. Confirm the price list, floor-rise and other charges for the exact unit.
  3. Which date is contractual — 2020-06-28 — and what is the per-month delay compensation?
  4. Confirm there is no litigation on the land or approvals beyond the RERA declaration.
  5. Is the land freehold with the developer, and is any part mortgaged?
Full record: every filed number, line by line2 sections · 15 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/171208/000997 · promoter Oceanus Dwellings (P) Ltd (Company) · EX/PRM/KA/RERA/1251/446/PR/200117/000997
Dates
Start 2014-01-31 · original completion 2019-06-28 · 2 extensions: Covid Extension → 2021-03-28, Section 6 Extension → 2020-06-28 · current date has passed
Progress
60% complete per registration-time status
Registered cost
Total ₹106 cr · land ₹40.20 cr · construction ₹65.58 cr
RERA bank account
HDFC, BTM LAYOUT (70% construction account)
Money at registration
collected ₹42.51 cr · used ₹46.04 cr · balance ₹0.00 cr · delay declared: No
Land & towers
3.75 acres (15,176 sq m) · Tower A 76 homes, 14 floors; Tower B 77 homes, 14 floors; Tower C 76 homes, 14 floors; Tower D 76 homes, 14 floors
Litigation declared
None declared in filings
K-RERA complaints
5 on this registration (0 open) · 12 on the promoter entity across all its projects
Completion applied
19/12/2020

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171208/000997, fetched 2026-09-15. Figures are the promoter’s own filings.

Complaint log (K-RERA) · 5 on this project

2024-11-25 · 01241/2024
Pending of Works as per plan and brochure — DISPOSED AUTHORITY FULLBENCH (AUTHORITY)
2023-06-27 · 00979/2023
Praying for complete refund because of delay in giving flat possession by builder — DISPOSED AUTHORITY BENCH5 (AUTHORITY)
2020-10-11 · CMP/201011/0006820
Open private terrace added below flat — DISPOSED AUTHORITY BENCH6 (AUTHORITY)
2020-08-23 · CMP/200823/0006122
Refund due to Delay in Completion — DISPOSED AUTHORITY BENCH4 (AUTHORITY)
2019-06-13 · CMP/190613/0003296
REFUND THE PAID AMOUNT ALONG WITH INTEREST — DISPOSED AO (ADJUDICATING OFFICER)

Complaint subjects are as filed by complainants; a disposed complaint may have been decided either way.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171208/000997 (registration file, quarterly updates, complaint register), fetched 2026-09-15
  • PropertyLens locality model (market-level estimates)
  • Karnataka RERA project records PRM/KA/RERA/1251/446/PR/171208/000997 (registration file, quarterly updates, complaint register), fetched Sep 2026.

Caveats. Automated analysis: prices, rents and travel times are estimates until listings and Maps data are verified. RERA figures are the promoter’s own filings. Nothing here is legal, tax or investment advice.

PropertyLens · property-lens.ai · Facts are transcribed from public records as filed by the promoter and the regulator; figures on RERA certificates are promoter numbers certified on unaudited books. Absence of a court case or insolvency filing in these sources is not proof that none exists. Verify title, approvals and encumbrances with a lawyer before you sign. Nothing here is legal, tax or investment advice.
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