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

Oceanus Vista II

Oceanus Dwellings · Bellandur / Outer Ring Road / Kadubeesanahalli · Sy.No.9/2, 9/6, 9/7, Kasavanahalli Village, Varthur Hobli

Promoter entityOceanus Dwellings Pvt Ltd
Entity type · PANCompany · AAACO6011G
Developer brandOceanus Dwellings · #97 in Bengaluru by RERA registrations
RERA registrationsRegistration: PRM/KA/RERA/1251/446/PR/171214/001322
Planning authorityBBMP - Bruhat Bengaluru Mahanagara Palike
Sanctioned plannot filed
Escrow bankAxis Bank, Fort Branch
Land2.02 acres
Court cases declared0
Complaints at K-RERA0 on this project · 12 on the promoter
Record fetchedSep 2026
1 red flags1 to watch5 positive

Automated from the Karnataka RERA file PRM/KA/RERA/1251/446/PR/171214/001322 and 1 quarterly filing. 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/171214/001322 and 1 quarterly filing. 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.

1 red1 watch5 positive
Delivery timeline7/10
delivered; the registration was extended 3× before completion
Legal & complaints9/10
no litigation and no complaints on the RERA file
Money to finish8/10
finance cost is 0% of the registered budget; last quarter: collected ₹0.00 cr, withdrew ₹0.00 cr
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/171214/001322 · Oceanus Dwellings Pvt Ltd
Delivered
RegisteredApr 2014Original completionJun 2019Section 6 ext.Jun 2020Covid ext.Mar 2021Further ext.Feb 2026TodaySep 2026
Money through the RERA account
Collected ₹0Withdrawn ₹0Q3 2025-260.0 L0.0 L
Collected from buyersWithdrawn for construction
Latest milestones
  • Earth work and other leveling preparation
    100%
  • Foundation footing work
    100%
  • Retaining wall
    100%
  • Plinth level Beam
    100%
  • Sub-structure flooring
    100%
  • RCC or MS Framed structure
    100%
No litigation declaredNo complaintsEscrow: Axis Bank
Credit ratings of the people behind it

No public credit rating located for the promoter.

Oceanus Dwellings Pvt Ltd: no public rating located

Complaints & disputes on record
On this project00 open
On the promoter entity12all projects
Court cases declared0no stay recorded
At a glance
Delivered

Delivered. RERA registration ran 2014-04-30 → 2026-02-28 after 3 extensions (original 2019-06-28)

No complaints on this project

No RERA complaints on this project; 12 on the promoter overall

No litigation declared

No litigation declared in RERA filings

The record, in pictures

RERA file · Registration

Registered project cost ₹50.14 cr — where it goes
Land ₹33.4 cr · 29%Construction & on-site ₹83.6 cr · 71%
No litigation declaredBorrowing declared: not statedEscrow at Axis BankOwners’ association: not formed

Red flags to resolve in writing

1
Timeline

Registration extended 3 times: original completion 2019-06-28, now 2026-02-28.

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. Provide the occupancy certificate, khata and title chain for the unit.
  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 line1 sections · 10 items

RERA file · Registration

Registration
PRM/KA/RERA/1251/446/PR/171214/001322 · promoter Oceanus Dwellings Pvt Ltd (Company) · EX/PRM/KA/RERA/1251/446/PR/191014/001322
Dates
Start 2014-04-30 · original completion 2019-06-28 · 3 extensions: Covid Extension → 2021-03-28, Section 6 Extension → 2020-06-28, Further Extension → 2026-02-28
Status
Completed and occupied (per project status); RERA progress fields below are historical
Registered cost
Total ₹50.14 cr · land ₹33.43 cr · construction ₹83.57 cr
RERA bank account
Axis Bank, Fort Branch (70% construction account)
Money at registration
collected ₹7.32 cr · used ₹9.14 cr · balance ₹0.00 cr · delay declared: No
Land & towers
2.02 acres (8,176 sq m) · Tower 4 78 homes, 12 floors; Tower 5 41 homes, 6 floors
Litigation declared
None declared in filings
K-RERA complaints
0 on this registration (0 open) · 12 on the promoter entity across all its projects
Owners’ association
Not yet formed

Source: Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171214/001322, fetched 2026-09-15. Figures are the promoter’s own filings.

Sources & caveats2 sources
  • Karnataka RERA project record PRM/KA/RERA/1251/446/PR/171214/001322 (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/171214/001322 (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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