Is OCEANUS registered under RERA?

Yes. OCEANUS by MK BUILDERS AND DEVELOPERS is on the public record with RERA Karnataka under RERA registration number PRM/KA/RERA/1257/334/PR/171115/001877.

When is OCEANUS due for possession?

The promised completion date on file with RERA Karnataka is March 2019. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of OCEANUS?

OCEANUS is filed by MK BUILDERS AND DEVELOPERS, per its RERA Karnataka registration.

Which authority approved OCEANUS?

The building permit for OCEANUS was approved by Mangaluru Urban Development Authority. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of OCEANUS?

The declared project cost on record (land plus construction) is ₹23 crore. This is the cost the promoter declared to RERA Karnataka, not a sale or per-unit price.

Where is OCEANUS located?

OCEANUS is located in Mangalore, Karnataka, as filed with RERA Karnataka.

OCEANUS RERA, Mangalore, Karnataka — the public record

Name: OCEANUS — public record
Creator: RERA Karnataka

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Detailed Report

OCEANUS

PRM/KA/RERA/1257/334/PR/171115/001877 · RERA Karnataka · https://gethorizon.in/projects/oceanus-mangalore-ux7dclrj

Complete project overview

RERA Karnataka · Registration filing

Towers: 1
Land area: 2,023 sq m
FAR sanctioned: 3.294
Covered area: 1,822 sq m
Open area: 201 sq m
Garage area: 3,328 sq m

Timeline

Project startedNov 2015

RERA registeredNov 2017

Proposed completionMar 2019

TodaySep 2026

Find your flat

Every flat the builder registered. Look yours up and check it is on the record.

UnitType

LG-11st FloorCOMMERCIAL

LG-21st FloorCOMMERCIAL

LG-31st FloorCOMMERCIAL

UG-12nd FloorCOMMERCIAL

UG-22nd FloorCOMMERCIAL

UG-32nd FloorCOMMERCIAL

1013rd Floor3BHK

1023rd Floor3BHK

1033rd Floor2BHK

1043rd Floor2BHK

2014th Floor3BHK

2024th Floor3BHK

2034th Floor2BHK

2044th Floor2BHK

3015th Floor3BHK

3025th Floor3BHK

3035th Floor2BHK

3045th Floor2BHK

4016th Floor3BHK

4026th Floor3BHK

4036th Floor2BHK

4046th Floor2BHK

5017th Floor3BHK

5027th Floor3BHK

5037th Floor2BHK

5047th Floor2BHK

6018th Floor3BHK

6028th Floor3BHK

6038th Floor2BHK

6048th Floor2BHK

7019th Floor3BHK

7029th Floor3BHK

7039th Floor2BHK

7049th Floor2BHK

80110th Floor3BHK

80210th Floor3BHK

80310th Floor2BHK

80410th Floor2BHK

90111th Floor3BHK

90211th Floor3BHK

90311th Floor2BHK

90411th Floor2BHK

100112th Floor3BHK

100212th Floor3BHK

100312th Floor2BHK

100412th Floor2BHK

110113th Floor3BHK

110213th Floor3BHK

110313th Floor2BHK

110413th Floor2BHK

120114th Floor3BHK

120214th Floor3BHK

120314th Floor2BHK

120414th Floor2BHK

Areas are not shown for this project. The sizes filed against these flats are not credible — units recorded as 2 and 3 BHK are filed at sizes no flat is, which usually means square feet were entered in a column the register labels square metres. Publishing those as the registered carpet area would be worse than publishing nothing. The flat numbers and types above are the register’s.

All 54 units as filed, two to a row · areas in sq m
Unit	Type	Unit	Type
LG-11st Floor	COMMERCIAL	LG-21st Floor	COMMERCIAL
LG-31st Floor	COMMERCIAL	UG-12nd Floor	COMMERCIAL
UG-22nd Floor	COMMERCIAL	UG-32nd Floor	COMMERCIAL
1013rd Floor	3BHK	1023rd Floor	3BHK
1033rd Floor	2BHK	1043rd Floor	2BHK
2014th Floor	3BHK	2024th Floor	3BHK
2034th Floor	2BHK	2044th Floor	2BHK
3015th Floor	3BHK	3025th Floor	3BHK
3035th Floor	2BHK	3045th Floor	2BHK
4016th Floor	3BHK	4026th Floor	3BHK
4036th Floor	2BHK	4046th Floor	2BHK
5017th Floor	3BHK	5027th Floor	3BHK
5037th Floor	2BHK	5047th Floor	2BHK
6018th Floor	3BHK	6028th Floor	3BHK
6038th Floor	2BHK	6048th Floor	2BHK
7019th Floor	3BHK	7029th Floor	3BHK
7039th Floor	2BHK	7049th Floor	2BHK
80110th Floor	3BHK	80210th Floor	3BHK
80310th Floor	2BHK	80410th Floor	2BHK
90111th Floor	3BHK	90211th Floor	3BHK
90311th Floor	2BHK	90411th Floor	2BHK
100112th Floor	3BHK	100212th Floor	3BHK
100312th Floor	2BHK	100412th Floor	2BHK
110113th Floor	3BHK	110213th Floor	3BHK
110313th Floor	2BHK	110413th Floor	2BHK
120114th Floor	3BHK	120214th Floor	3BHK
120314th Floor	2BHK	120414th Floor	2BHK

Builder’s track record

RERA Karnataka · Builder registration

MK BUILDERS AND DEVELOPERS

Dakshina KannadaBased in

4Projects

4Cities

2017–presentActive

Timelineevery project, start → promised completion

OCEANUSM K ELITEMK ONEM.K APARTMENT

OCEANUS

this project

Mixed Development

Nov 2015started

Mar 2019target completion

₹23.00 Cr

Builder DNAthe whole portfolio, summed

917 homeson the public record across 4 projects

2,99,312 sq mbuilt-up filed

36,868 sq mland declared

₹776.87 Crdeclared build cost

Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body

Commissioner, ULBMunicipal / Corporation1 of 4 projects

Durgapur Municipal CorporationMunicipal Corporation1 of 4 projects

Mangaluru Urban Development AuthorityUrban Development Authoritythis project1 of 4 projects

Vice Chairman, UDAUrban Development Authority1 of 4 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

Location & price analysis

RERA Karnataka · Registration filing

The Horizon Radar(within 6 km)

This project
31 new projects last year
370 nearby projects

≈ locality centre · geocoded, verified · 12.8548, 74.8373 · © OpenStreetMap contributors

Taluk: Mangalore
District: Dakshina Kannada
Pincode: 575008
Address: Near Rosario Church,Rosario Church Hoige BazarRoad, Pandeshwara, Mangalore 575001

What’s nearby

Schools1 school within 500m · 4 educational institutions within 1km · College or university 211m away

HealthcareHospital 723m away · Clinic within 2km

LifestyleNo parks within 2km

ShoppingSupermarket 346m away · Mall 1.2km away · Convenience store within 1km

Getting around

Expressway 2.6 km · Mangaluru-Kasargod HighwayPrimary road 1.2 kmRailway line 150 mRailway station 1.2km away (Mangaluru Central)Bus stop within 1km

Water & environment

River 1.3 km · GurupuraWater body 1.8 km

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹23.00 Cr declared. What that works out to:

22%of the cost is land

This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

Planning authority

RERA Karnataka · Approved building plan

Mangaluru Urban Development Authority

Urban Development Authority

Building Permit

The promised possession date (31 Mar 2019) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.

The approving body, at scale

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projects — about 1 in 20 in Karnataka.

an apartments market — 96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders: 315
On record: 8,036 flats · 698 plots
Reach: 6 taluks
Since: 2017

More apartment-heavy than Karnataka overall — 96% apartments here vs 62% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

See every project approved by RERA Karnataka→

Complaints & litigation

RERA Karnataka · public record

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.

What the builder declared

Declared to RERA Karnataka

Litigation: None declared in this filing

Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.

Other projects nearby

The register · within 25 km

165 residential and mixed-use projects still under way within 25 km. Step out ring by ring:

Of the 370 projects the radar draws within 6 km — every kind, every stage — 106 are residential and mixed-use projects still under way. This list keeps only those, and looks further out.

6 projects within 1 km — showing the nearest 6.

MangaloreApartment

SRINIKETHAN

SHREE NIDHI INFRASTRUCTURES

May 2026started

Dec 2031target completion

Declared cost₹8.79 CrScale19 flatsAuthorityRERA Karnataka

Open the read

MangaloreMixed Development

AGRAJA VEDANTA

SANDESH KUMAR SHETTY

Aug 2021started

Dec 2026target completion

⚠ no escrow declaredDeclared cost₹13.74 CrAuthorityRERA Karnataka

Open the read

MangaloreApartment

ABISH VISTA

ABISH BUILDERS PRIVATE LIMITED

Sep 2025started

Aug 2029target completion

Declared cost₹47.04 CrScale70 flatsAuthorityRERA Karnataka

Open the read

MangaloreApartment

ABISH EVARA

ABISH BUILDERS PRIVATE LIMITED

Jun 2026started

Dec 2030target completion

Declared cost₹73.44 CrScale78 flatsAuthorityRERA Karnataka

Open the read

MangaloreResidential/Group Housing

Bhandaary Vertica

BHANDARY CITY WORLD PRIVATE LIMITED

Aug 2021started

Jul 2027target completion

⚠ no escrow declaredDeclared cost₹90.98 CrAuthorityRERA Karnataka

Open the read

MangaloreMixed Development

DSK MANGALADEVI MANSION

D S Karthik

Jun 2022started

Dec 2026target completion

Declared cost₹9.17 CrScale23 flatsAuthorityRERA Karnataka

Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

What this record cannot tell you

Build quality — no filing records how well it was actually built.
Private disputes — only complaints escalated to the authority appear here.
What it will be worth — the record is the past; it does not price the future.

Sources

Where each section of this report comes from.

01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
02Builder's track record
- RERA Karnataka: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
03Location & price analysis
- Address, pincode and declared cost: the RERA Karnataka filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
04Government Guidance Rate
- No government guidance rate could be matched to this project from Karnataka's published schedules.
05Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
06Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/oceanus-mangalore-ux7dclrj.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.