Mumbai-based developer Oberoi Realty is planning to invest up to Rs 200 crore in a residential project in NCR. The entity is looking for tie-ups with existing land-owners in the NCR market that is Gurgaon, Noida and Greater Noida. Other than this it is also planning to evaluate acquisitions in markets such as Hyderabad and Bangalore.
Realty major aims to launch its much-delayed hotel project in Worli, Central Mumbai, in September, as the company has already finalized the operator. The Worli hotel project will be a mixed-use project spread over 3.1 million square feet comprising hotel, commercial and branded serviced residences.
