47.90 (2.98%) Oberoi Realty has entered into a Development Agreement for development and redevelopment of land admeasuring approximately 2,576 square meters, situate at Carter Road, Bandra (West), Mumbai (said Land). The company expects to currently generate a free sale component of around 40,000 square feet (RERA Carpet area) from the development and redevelopment of the said Land, as per the extant provisions of Development Control & Promotion Regulations for Greater Mumbai, 2034.
Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include real estate and hospitality.