SSIII Indian Investments Two has offloaded 60 lakh shares of Oberoi Realty through the open market route. The shares were sold on an average price of Rs 230.61 valuing the transaction to Rs 138.37 crore. On the other hand, Morgan Stanley Asia (Singapore) picked up 38.71 lakh shares of the real-estate firm for Rs 89.03 crore.
Oberoi Realty is India’s leading real estate development company, headquartered in Mumbai, focused on premium developments in the residential, office space, retail, hospitality and social infrastructure verticals. Oberoi Realty has an established brand and a track record in the real estate industry of developing innovative projects through its emphasis on contemporary architecture, strong project execution and quality construction.
