Key Points
Property developer Oberoi Realty is in talks with global hospitality majors including Marriott International and Hyatt to manage and operate a five-star luxury hotel property it is planning to develop in Thane, Maharashtra, said persons with direct knowledge of the development...
Oberoi Realty already has a relationship with Marriott International through an operational five-star hotel, Westin Mumbai Garden City in Goregaon, a suburb in Mumbai..
Besides, Oberoi Realty has another upscale mixed-use project, Three Sixty West, which includes branded residences and a five-star category 220-key hotel to be managed by the Ritz Carlton, part of Marriott International..
The projects hotel and international school part are at design stage and the company is likely to announce the brands shortly, Vikas Oberoi, CMD, Oberoi Realty mentioned in the companys earnings conference call recently...
The Blue Star India's land parcel is located on Thanes Pokhran Road 2, next to GlaxoSmithKline Pharmaceuticals 60-acre plot that Oberoi Realty had acquired in 2019 for Rs 890 crore...
You might be interested in
Keystone adds 5 projects with development value of ₹3,430 cr
28, May, 23The company's operational cash flow of ₹460 crore in 2022-23 along with inflow of ₹730 crore from its pre-IPO placement and the IPO has helped it reduce the net debt to ₹19 crore from around ₹520 crore. For the quarter ended March, the company recorded its best-ever quarterly collections of ₹700 crore, up 53% from a year ago. Collections for 2022-23 grew 36% to ₹1,860 crore. It has reported a net profit of ₹70 crore for the March quarter on the back of revenues worth ₹340 crore.
Everest Food Products promoters buy sea-view luxury apartment in Mumbai’s Worli for Rs 73.50 crore
21, Nov, 23The promoter group of Everest Food Products, known for its Everest brand of spices, has acquired a luxurious sea-view apartment in Mumbai's Worli area
Ajmera Realty to develop two residential projects in Mumbai, Bengaluru for ₹470 crore
29, Sep, 23The Mumbai-based project marks the beginning of ‘our affordable portfolio’, targeting the sub- ₹1 crore segment, scheduled for launch in December 2023, the real estate major said.
SJVN Ltd shares jump over 7 pc on pact with PFC for Rs 1.18 lakh crore financing
27, Sep, 23Shares of power producer SJVN Ltd on Wednesday jumped over 7 per cent after the company said it has inked an initial pact with Power Finance Corporation (PFC) to get finance for its projects worth Rs 1.18 lakh crore.
Kolte-Patil plans to launch real estate projects worth ₹9,000 crore by FY25
14, Feb, 24Kolte-Patil's ongoing projects span 33.5 million sq ft with a Gross Development Value (GDV) potential of ₹25,000 crore
Companies can use a social girdle to reduce corporate project risk
15, Jun, 23Such a girdle will help firewall big investments from unforeseen threats and also secure the corporate image of big investors
Shah Rukh Khan’s daughter Suhana Khan buys property in Alibaug near Mumbai
22, Jun, 23The house and structures constructed on the land parcel are spread over a carpet area of 1,750 sq ft, 420 sq ft and 48 sq ft, respectively. The deal was concluded and registered on June 1. She has paid stamp duty of Rs 77.46 lakh for the registration of the transaction, shows the documents accessed through Indextap.com.
Six infra projects worth Rs 52,000 Cr recommended for approval under the PM Gati Shakti initiative
28, Sep, 23The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location.
Everest Group promoters buy luxury apartments of over ₹143 crore in Mumbai
02, Dec, 23Promoters of Everest Food Products buy two more luxury apartments in Mumbai worth more than ₹143 crore. | Mumbai news