Oberoi Realty
Oberoi Eternia and Enigma in Mumbai’s fastest growing suburb Oberoi Realty today announced its foray into the central suburbs of Mumbai with the launch of its twin developments, Eternia and Enigma, at Mulund. The projects are located on the arterial LBS Road in one of Mumbai’s fastest growing suburb. Singapore-based architects, HB Design will design [...] Continue Reading »
Post a lull of nearly three years, sale of large land parcels is picking up across the country amid a general improvement in sentiment on expectations that the new government will focus on infrastructure development. Not only the developers but also the private equity (PE) players, too, are keen on joining hands with builders to [...] Continue Reading »
The Securities and Exchange Board of India (Sebi) is all set to approve the guidelines for real estate investment trust (REITs) and other infrastructure investment trusts (InvITs) at its board meeting on the August 10 in the capital. The Narendra Modi government had announced plans for such trusts in the July 10 Budget that was [...] Continue Reading »
It was this Thursday when the esteemed SSIII Indian Investments Two gave away three and a half percent stake in Oberoi Realty, and estimates for the same touch over INR 265 crore, says a source. The proceedings for the same was done through a market route, open as shown. Sources say that the bulk details [...] Continue Reading »
On Wednesday, shares of real estate firms fell by up to 9 percent; thanks to selling pressure. While the benchmark index – the S&P BSE Sensex – witnessed a 0.22 percent plunge, some sectoral indices cracked almost 5.3 percent. The top loser among the sectoral indices was the S&P BSE Realty index. Prior to the [...] Continue Reading »
The BJP manifesto made at least three promises of direct interest to real estate developers. The party promises to put up 100 new cities, develop a national land use policy and nationally roll out a low-cost housing plan. For investors in property and for the sector as a whole, the promise to upgrade infrastructure and [...] Continue Reading »
As per a source, Tata Housing has signed an agreement with KEC International to purchase 7.3-acre land parcel in Thane. Further, the Tata Housing which is a real estate wing of Tata Group will develop premium homes on the land and expects Rs1,300 crore revenue from this project. KEC International is world famous infrastructure engineering, [...] Continue Reading »
After the company emerged as the highest bidder for Tata Steel’s 25-acre land parcel in Borivali, Mumbai, The scrip of Mumbai-based realty major Oberoi Realty zoomed by 11.4 per cent or 23 points to trade at Rs 221 a share in intra-day trade. After the conclusion of an e-auction on Monday, according to a statement [...] Continue Reading »
As per the source the 25 acre Tata Steel land parcel that Mumbai-based Oberoi Realty bagged is anticipated to have sales potential of Rs 6,500-Rs 7,000 crore. Tata Steel announced Oberoi Realty as the highest bidder for the Borivali land located to the north of Mumbai on the basis of its final bid of Rs [...] Continue Reading »
The biggest parcels of land in Mumbai are believed to collect the highest bid of Rs 1,155 crore. It is rumor that the Oberoi Realty may be the highest bidder. A source of Tata Housing says that they are still in the race. The bidder has not been finalized yet and the process is still [...] Continue Reading »
