Oceanus Dwellings

Oceanus Dwellings Pvt. Ltd. is a 22-year-old Bangalore-based residential developer focused on mid to upper‑middle segment housing across Karnataka and Kerala. Led by Managing Director Pothiyittayil Koriakose Chacko with Director Daisy Chacko and Company Secretary Jesvin Joseph, the firm has delivered 24+ projects and manages an 134.82-acre land bank. Signature projects include Oceanus Vista (Kasavanahalli), Oceanus Classic (KR Puram) and several villa and plotted developments; the company emphasizes Vaastu compliance, eco-friendly measures and RERA adherence.

Founded on 24 February 2003, Oceanus has ~22 years of operating history and has launched and delivered projects across the 2000s and 2010s. Notable lifecycle milestones include the launch of Oceanus Classic (June 2013) with possession beginning in 2019 and multiple ready-to-move and ongoing projects across Bangalore and Kerala.

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Developer Projects

Primarily a residential developer (apartments, villas and plotted developments) targeting middle to upper‑middle income buyers, offering 2–3 BHK apartments, villas and luxury phases with amenities such as clubhouses, pools, parks and sustainability features. Projects are concentrated in Bangalore’s IT and growth corridors (Kasavanahalli, KR Puram, Sarjapur, Bannerghatta) and select locations in Kerala.

OCEANUS VILLAGIOResidential Community | Villa

Chikka

OCEANUS WHITE MEADOWSResidential Community

Bannerghatta

OCEANUS CLASSICResidential Community

Krishnarajapuram

OCEANUS TRANQUILResidential Community

Margondanahalli

OCEANUS VISTAResidential Community

Kasavanahalli

OCEANUS VISTA PHASE-IIResidential Community | Apartment

Kasavanahalli

OCEANUS GREENDALE PHASE IResidential Community

Horamavu

OCEANUS GREENDALE PHASE IIResidential Community

Horamavu

OCEANUS VIOLAResidential Community

Atibele

OCEANUS GYPSOPHILAResidential Community

Not

FAQ

Who are the owners ?

Pothiyittayil Koriakose Chacko — Managing Director
Daisy Chacko — Director
Jesvin Joseph — Company Secretary

Note: The company is a private limited entity; detailed shareholding beyond key management is not specified in the provided information. The organisation employs ~88 professionals across functions.

When was the company founded ?

Oceanus Dwellings Private Limited was incorporated on 24 February 2003 — giving it about 22 years of experience in real estate (as of the provided data).

Is this a public company ?

No. Oceanus Dwellings is a private limited company (not publicly traded).

Key financial facts (summary):

Authorized capital: ₹100.00 crore; Paid‑up capital: ₹12.87 crore
FY23: modest revenue growth (~~+2.19%) and profit growth (~~+2.08%) with a small rise in net worth (~+3.96%)
Liabilities/credit: open charges ~₹43.77 crore; closed loans ~₹415.93 crore; past NCD ratings were downgraded (BWR B / negative outlook)

These points indicate limited public equity access and exposure to debt and customer‑advance driven funding.

Which are the builder's popular projects ?

Oceanus Vista (Kasavanahalli) — Ready-to-move residential project offering 2 & 3 BHK apartments with extensive amenities (pool, gym, clubhouse, tennis/badminton courts, solar lighting); awarded for eco-friendly practices.
Oceanus Classic (KR Puram) — Launched June 2013 and completed (possession from May 2019); 2 & 3 BHK apartments with full suite of residential amenities and neighbourhood retail/healthcare access.
Oceanus Villagio (Chikka Tirupati) — Villa project (3 BHK / 3+1 BHK villas, ~1650–2250 sq ft) featuring a large clubhouse, themed parks, rooftop pool and gated-community features; possession quoted within 6–12 months from agreement (per available timeline).
Oceanus White Meadows (Bannerghatta / Anjanapura Township) — 2 & 3 BHK apartments (1281–1884 sq ft) with co‑working spaces, meditation zone, pool and landscaped amenities; target possession June 2026 (RERA possession Dec 2028).
Oceanus Tranquil (Margondanahalli) — 2 / 2.5 / 3 BHK project with pool, gym, clubhouse and community facilities; possession noted January 2019.

(Selection highlights both ready/completed and ongoing large projects across Bangalore growth corridors.)

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REGISTERED RERA ENTITYPRM/KA/RERA/1251/446/AG/240715/004976