RR Global Promoters Acquire Luxurious Apartments at Oberoi Three Sixty West for INR 198 Crore

In a significant move in Mumbai's real estate market, the promoters of RR Global have purchased luxury apartments at the prestigious Oberoi Three Sixty West project. These properties, known for their premier sea views, modern amenities, and upscale living

Mumbai Real EstateLuxury ApartmentsRr GlobalOberoi Three Sixty WestReal Estate InvestmentReal Estate MumbaiNov 14, 2024

RR Global Promoters Acquire Luxurious Apartments at Oberoi Three Sixty West for INR 198 Crore
Real Estate Mumbai:Mumbai, the financial capital of India, continues to be a hotbed for luxury real estate, and the recent acquisition by RR Global promoters is a testament to this trend. The Oberoi Three Sixty West, a high-end residential project, has attracted significant attention due to its prime location and superior amenities. The promoters of RR Global, a leading manufacturing and trading company, have sealed a deal to purchase luxury apartments in this project for an impressive INR 198 crore.

The Oberoi Three Sixty West is nestled in one of the most sought-after areas of Mumbai, offering breathtaking sea views and a host of modern facilities. The project is designed to cater to the discerning tastes of high-net-worth individuals, providing a blend of luxury, comfort, and exclusivity. The apartments come with state-of-the-art features, including sophisticated interiors, premium finishes, and well-equipped amenities.

RR Global, a name synonymous with quality and reliability in the manufacturing and trading sector, has made a strategic move by acquiring these luxury apartments. The company's promoters, known for their astute business acumen, see this investment as a part of their long-term growth strategy. This acquisition not only diversifies their portfolio but also positions them as key players in the luxury real estate market.

The real estate market in Mumbai has been witnessing a steady recovery, with a surge in demand for premium properties. The Oberoi Three Sixty West project has been a frontrunner in this market, attracting a discerning clientele. The project's prime location, coupled with its high-end amenities, has made it a preferred choice for affluent buyers looking for a luxurious lifestyle.

The acquisition of these apartments by RR Global promoters is expected to set a new benchmark in the luxury real estate segment. It underscores the confidence of investors in the market's potential and the enduring appeal of premium properties in Mumbai. The deal is also likely to boost the local real estate market, attracting more investments and driving further growth.

RR Global, founded in 1978, has built a strong reputation in the manufacturing and trading sector. The company specializes in a wide range of products, including electrical components, automotive parts, and industrial machinery. With a strong presence in both domestic and international markets, RR Global has consistently delivered high-quality products and services, earning the trust of its clients and partners.

The promoters of RR Global have a proven track record of making strategic investments that align with their long-term vision. This acquisition of luxury apartments in the Oberoi Three Sixty West is a testament to their commitment to diversification and growth. By entering the luxury real estate market, they are not only expanding their portfolio but also reinforcing their position as leading players in the business landscape.

In conclusion, the acquisition of luxury apartments in the Oberoi Three Sixty West by RR Global promoters is a significant development in Mumbai's real estate market. It reflects the robust demand for premium properties and the confidence of investors in the market's potential. As the real estate sector continues to evolve, this deal is likely to set new benchmarks and drive further growth in the luxury segment.

Frequently Asked Questions

What is the value of the luxury apartments purchased by RR Global promoters?

The luxury apartments purchased by RR Global promoters at the Oberoi Three Sixty West project are valued at INR 198 crore.

Where is the Oberoi Three Sixty West project located?

The Oberoi Three Sixty West project is located in a prime area of Mumbai, offering breathtaking sea views and premium amenities.

What amenities do the luxury apartments at Oberoi Three Sixty West offer?

The luxury apartments at Oberoi Three Sixty West come with a range of state-of-the-art amenities, including sophisticated interiors, premium finishes, and well-equipped facilities.

Who are the promoters of RR Global?

The promoters of RR Global are well-known for their astute business acumen and have a proven track record of making strategic investments in various sectors.

How does this acquisition impact Mumbai's real estate market?

This acquisition by RR Global promoters is likely to boost Mumbai's real estate market, attracting more investments and driving further growth in the luxury segment.

Related News Articles

Maharashtra Assembly Elections 2024: Delayed Polls Create Uncertainty, Prompting Aspirants to Go Independent
Real Estate Maharashtra

Maharashtra Assembly Elections 2024: Delayed Polls Create Uncertainty, Prompting Aspirants to Go Independent

Maharashtra and Jharkhand assembly polls to be held after Diwali, creating confusion among aspirants

August 21, 2024
Read Article
India's Real Estate Sector: A Booming Hub for Employment and Innovation
real estate news

India's Real Estate Sector: A Booming Hub for Employment and Innovation

A recent report by Knight Frank and NAREDCO indicates a positive yet cautious outlook for India's real estate market, which is poised to become a major employment hub and a hub for PropTech innovation.

October 6, 2024
Read Article
Office Rents in India Surpass Pre-Pandemic Levels, Delhi NCR Takes the Lead: Colliers India Report
Real Estate

Office Rents in India Surpass Pre-Pandemic Levels, Delhi NCR Takes the Lead: Colliers India Report

Office rents in India's major cities have surpassed pre-pandemic levels in 2024, with Delhi NCR leading the pack with an 8.3% increase compared to 2019. Pune and Mumbai follow closely with significant rises in rental prices.

October 23, 2024
Read Article
Hyderabad Couple Arrested for Rs 48 Crore Real Estate Fraud
real estate news

Hyderabad Couple Arrested for Rs 48 Crore Real Estate Fraud

The Hyderabad police have arrested a married couple for a real estate fraud amounting to Rs 48 crore. The Economic Offences Wing (EOW) of Cyberabad police has urged the public to verify the legitimacy of any property with legal counsel before making an in

November 25, 2024
Read Article
Key Stocks to Watch: Biocon, Reliance, JK Paper, Lupin, JSW Energy | December 16 Update
Real Estate

Key Stocks to Watch: Biocon, Reliance, JK Paper, Lupin, JSW Energy | December 16 Update

Markets Remain Steady, Midcaps Take the Lead | Real Estate, PSU Banks, and Pharma in Spotlight | Closing Bell

December 16, 2024
Read Article
Why Ford Motor, Bank of America, and Wells Fargo Are Key Players in the Real Estate Market
Real Estate

Why Ford Motor, Bank of America, and Wells Fargo Are Key Players in the Real Estate Market

Discover how these major corporations, traditionally not associated with real estate, have become significant players in the property market due to their extensive property holdings and lending practices.

March 29, 2025
Read Article