Oberoi Realty Expands its Horizons: Enters NCR Market with Land Acquisition in Gurugram
Mumbai-based real estate developer Oberoi Realty makes its foray into the National Capital Region (NCR) with the acquisition of a 14.81-acre land parcel in Gurugram, Haryana.
Oberoi RealtyNcr MarketGurugramReal EstateLuxury Residential ProjectsReal Estate MumbaiJun 25, 2024
Frequently Asked Questions
Who is the Mumbai-based real estate developer that has entered the NCR market?
Oberoi Realty
Where is the 14.81-acre land parcel acquired by Oberoi Realty located?
Sector 58, Gurugram, Haryana
What is the value of the land deal between Oberoi Realty and the consortium of developers?
Rs 597 crore
What is the development potential of the acquired land parcel?
Around 2.6 million square feet
What type of project is Oberoi Realty planning to develop on the acquired land parcel?
Luxury group housing project
Related News Articles
Exploring the Metaverse Virtual Real Estate Market: Trends, Opportunities, and Challenges
The Metaverse Virtual Real Estate Market is expected to grow significantly, driven by increasing demand for virtual real estate and advancements in technology.
Bengaluru Dominates with 28% of Flex Office Space Deals in India
The Indian commercial real estate market has seen a significant increase in flex office space deals, with a total of 912 transactions recorded across eight major cities from 2018 to the third quarter of 2024. Bengaluru leads the pack, accounting for 28% o
Uttar Pradesh's Real Estate Sector Surges, Boosting State Revenue
Lucknow: The real estate market in Uttar Pradesh has seen a significant boom, leading to a substantial increase in state revenue. The stamp and registration department has now surpassed the excise department in terms of revenue generation, driven by a sur
Piyush Goyal Criticizes Rahul Gandhi, Emphasizes Private Sector's Role in Job Creation in Pune
In a press conference held in Pune, Piyush Goyal, a prominent leader, strongly criticized Rahul Gandhi and highlighted the vital role of the private sector in generating employment opportunities, particularly in Maharashtra and Pune.
Industrial and Warehousing Investments Dominate Indian Real Estate in 2024 with USD 6.5 Billion Inflow
Mumbai accounted for 24% of real estate investments in 2024 with around USD 1.6 billion. Read the full article for more details.
Real Estate Revival: Understanding the Impact of Urban Challenge Fund, SWAMIH, and Tax Reliefs
The Indian real estate sector has seen a significant boost from various initiatives such as the Urban Challenge Fund, SWAMIH, and a series of tax reliefs. These measures are aimed at revitalizing the market across multiple segments, from residential to co