Tag: Oberoi Realty

Oberoi Realty says Mumbai Realty Prices Set to Extend 15% Decline

May 11, 2012 – 1:48 pm

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. “We are waiting for the right opportunity to buy,” Oberoi, who runs India’s second-largest developer by market value, said in an interview in Mumbai. […]

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Piramal Realty Acquires Gulita From HUL.

April 9, 2012 – 4:02 pm

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 […]

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