Real estate firm Oberoi Realty Ltd reported a 45% year-on-year decline in net profit to ₹433.2 crore for the fourth quarter of the fiscal year. Despite the drop in revenue, the company has declared a dividend.
Oberoi RealtyReal EstateNet ProfitDividendFinancial ResultsReal EstateApr 28, 2025
Oberoi Realty reported a net profit of ₹433.2 crore for the fourth quarter, marking a 45% year-on-year decline.
The decline in revenue is attributed to the challenges faced by the real estate sector, including regulatory changes, economic slowdown, and the impact of the global pandemic.
Oberoi Realty has focused on completing ongoing projects, launching new developments in key markets, and maintaining a strong balance sheet and liquidity position.
The Indian government's focus on affordable housing and infrastructure development, along with the easing of lockdown restrictions, is expected to boost demand and drive recovery in the real estate sector.
Oberoi Realty plans to capitalize on the growing demand for high-quality residential and commercial spaces in tier-1 cities and is well-positioned to achieve long-term success with its robust pipeline of projects.
Technical glitches have affected online registration of leave and licence agreements across Maharashtra, causing delays and inconvenience to citizens and real estate agents alike.
The Maharashtra Housing and Area Development Authority (MHADA) is set to launch a lottery for 19,000 affordable homes in the Mumbai Metropolitan Region (MMR) and Pune. The homes are priced starting from ₹12 lakh, offering a glimmer of hope for low and mid
An Air India flight, bound from Mumbai to New York, was diverted to Delhi on October 14 following a bomb threat received via X (formerly Twitter). All passengers and crew are safe and the situation is under control.
In the last five years, the average price of new housing projects in India’s top 10 cities has surged by 88%, with Gurugram leading the pack at a 160% increase. Mumbai, on the other hand, has seen the lowest rise at 37%. This surge is attributed to massiv
Aadhar Housing Finance, a prominent player in the mortgage market, has set the price band for its Initial Public Offering (IPO) at Rs 300-315 per share. The company offers a wide range of mortgage-related loan products, including loans for residential pro
Pune and Ahmedabad are emerging as leading smart cities in India. Kochi combines sustainable growth with industrial development, focusing on smart infrastructure and real estate.