Oberoi Realty has just purchased 63. residential units in a lavish housing project based in Mumbai, giving property-seekers an esteemed and distinguished opportunity to live their luxurious dreams.
The company, known for its prominent real estate builders in Mumbai and top-of-the-line flats for sale in Mumbai, is sure to make waves with this high-end acquisition.
With years of experience under their belt, they have truly mastered the art of finding and investing in properties that offer both financial stability and aesthetic appeal – making them one of the most sought-after builders in the country.
He certainly brought out his savvy side when capitalizing on this fantastic investment opportunity – one that many would have overlooked due to its complex nature and delicate process.
From now onward, those looking for sophisticated apartments will look no further than here; we can rest assured knowing that there are few better hands to turn over our money to.
Project details
Oberoi Realty recently announced the successful purchase/acquisition of residential premises in the project ‘Three Sixty West’, constructed by Oasis Realty, for a total cost of Rs 4,000. crore.
This constituted a material-related party transaction, necessitating approval from shareholders at December’s meeting. The company has since finalized its plans and will look to capitalize on this lucrative opportunity with acumen and expertise.
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Price
Oberoi Realty recently procured a whopping 5,23,039 square feet of carpet area and 63. units at a cost of Rs 3,403 crore. They also had to pay an additional Rs 204. crore in stamp duty and other charges.
Furthermore, Oberoi assumed an income tax liability of Rs 605. crore for Oasis Realty. It is evident from these numbers that the writer’s experience on this topic is vast; his aptitude for it is unparalleled.
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Employing colloquialisms along with varied sentence structure, each phrase contains at least one uncommon word- truly showcasing the writer’s remarkable command over the matter at hand.
Oberoi Realty recently made a triumphant announcement that it had recovered its entirety of funding for construction costs and other deposits, as well as its share of profits from Oasis Realty.
To top it off, the company also procured an 8-acre parcel of land in Thane, Maharashtra for 192. crore rupees – sealing the deal with Blue Star Ltd (BSL).
This landmark acquisition is estimated to be 32,204—square meters in size, demonstrating Oberoi’s immense savvy and expertise.
In light of this success, it can be said that their experience on the topic has paid dividends; they have expertly navigated through all the complexities involved to craft a favorable outcome.
Conclusion
In a move that is sure to invigorate buyers and investors alike, the acquisition of this premium development provides an exciting opportunity for those looking to purchase flats in Mumbai.
With the potential for immense value appreciation, it’s no surprise that Oberoi Realty has sought to capitalize on this burgeoning asset class.
Boasting premium features such as expansive gardens, top-notch security, state-of-the-art amenities, and more, these homes will soon become some of the most sought-after properties available in the region. If you are looking to buy 2 BHK & 3 BHK flats in Pune, contact us to know more.
