Oberoi Realty
The Tata Steel’s 25-acre land in Borivali received five bids from top corporates and developers. It is expected to collect Rs 1,000 crore for the company from this deal. According to source the top companies which are in race to acquire this land is Tata Housing, Tata Consultancy Services, Oberoi Realty, Kalpataru and Piramal Realty. [...] Continue Reading »
Indian companies can access funds from abroad through External Commercial Borrowings (ECB) of different kinds. In general, ECB pertains to commercial loans in the form of bank loans, buyers’ credit, suppliers’ credit, securitized instruments (like floating rate notes and fixed rate bonds, non-convertible, optionally convertible or partially convertible preference shares) obtained from non-resident lenders with [...] Continue Reading »
Mumbai: Ghatkopar East and Jogeshwari East are old and well-developed suburbs of Mumbai. Earlier they use to attract only the mid income segment, but due to the improved connectivity with the premium localities like Andheri and Powai , this stretch is creating interest among the luxury segment also. Connectivity: The Jogeshwari-Goregaon east corridor has a [...] Continue Reading »
Mumbai: Redevelopment seems to be a logical solution to meet the housing need of Mumbai city. This solution can also become a boon to improve physical and civic infrastructure of the city. The new DCR rules allows FSI of 4 for all cluster redevelopment in the specific areas of MMR (Mumbai Metropolitan Region), which is [...] Continue Reading »
Real estate developers are facing difficulty to sell office space in Mumbai because of the the poor sales and falling rentals in this segment, so a number of builders are converting their commercial projects into residential ones. Builders are also finding it easier to work on housing projects, given the self-financing ability of residential projects through [...] Continue Reading »
Many leading developers are joining the league where sales volume has pushed down, some with marginal increase in net profit, some with no money and no buyers while some with declining profits. Oberoi realty, Mumbai based real estate company, reported a net profit of Rs 145.2 crore in last quarter of the 2012-13 fiscal against [...] Continue Reading »
Oberoi Realty, one of the renowned real estate developers in Mumbai is likely to invest in a residential project in NCR. The investment would be of small bracket of worth Rs 200 crore. Also, the group has plans of rechecking acquisitions in cities like Hyderabad and Bangalore. It has been confirmed by the company Chairman [...] Continue Reading »
With increasing debt and low sales months after months, the real estate companies have thought of going to the Institutional Placement Programme (IPP) to sell the shares to the investors. This IPP route will be taken by the builders as against the Offer For Sale (OFS) way to comply with the Sebi norms of public [...] Continue Reading »
The booking of properties in Mumbai has witnessed a rise of 26 percent in January this year. As per reports, sales registration of properties have gone up. However, if month by month analysis has to be done, then the growth was merely 10 percent higher than the previous month, December. In that particular month, a [...] Continue Reading »
Mumbai- One of the popular developers, Oberoi Realty has come up with its new luxury residential project named ‘Oberoi Exquisite’ in Mumbai. Oberoi Realty is a 30 year old BSE-listed developer. The luxury project spreads across 80-acre Oberoi Garden City which is termed as “city within a city” in Goregaon (East). In the year 2007, Oberoi [...] Continue Reading »
