Oberoi Realty Ltd enters into development agreement for property at Nepean Sea Road, Mumbai

Oberoi Realty Limited has today entered into a Development Agreement for redevelopment of land admeasuring 4,706 square meters, situated at Nepean Sea Road, Mumbai.

The Company's entitlement of free sale component from the project is presently estimated to be around 1.18 lakh square feet (RERA Carpet area), subject to the provisions of Development Control & Promotion Regulations for Greater Mumbai, 2034 and applicable law.

Shares of Oberoi Realty Limited was last trading in BSE at Rs. 1664.10 as compared to the previous close of Rs. 1631.45. The total number of shares traded during the day was 6084 in over 557 trades.

The stock hit an intraday high of Rs. 1668.90 and intraday low of 1631.70. The net turnover during the day was Rs. 10052345.00.

Source : Equity Bulls

Keywords

OberoiRealty INE093I01010 Realty DevelopmentAgreement RedevelopmentofLand NepeanSeaRoad Mumbai