Tag: Oberoi Realty

Oberoi Realty: Mumbai Land Prices Set to Extend 15% Decline

Mumbai land prices, India’s most expensive, may extend their 15 percent decline this year as high borrowing costs force indebted developers to sell real estate, Oberoi Realty Ltd. (OBER) Chairman Vikas Oberoi said. Land transactions have dried up as buyers aren’t willing to pay higher prices or “ferociously” compete to purchase land, while sellers have been holding […]

Gulita Acquires by Piramal Realty For 452 Cr From HUL.

Piramal Realty has acquired Gulita – property in south Mumbai from Hindustan Unilever for R452Cr. Piramal Realty is planning to develop high-end luxury apartments on the one-acre land and Ajay Piramal might keep a part of it for his personal use, given the premium location, according to ET. Gulita is a one-acre property in Worli Seaface, which […]