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Real Estate Forum on Oberoi Realty

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: How is the property markets in Delhi/NCR? Has there any sales volumes seen in Bengaluru and Pune.
Latest Answer: Hi. The property Market in Delhi NCR is expanding. One can understand on the basis of International Developers movement. For eg. Risland is coming up with a project is Delhi South by the name of Sky Mansion. Gurugram is witnessing projects by developers like Hines, Sumitomo Corporation, Emaar Group and many more. One can understand mulit million dollar investment is already in process and sales have seen an upgraph. These are certain positive signals what one can look into.
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Q: Mumbai-based real estate developer Oberoi Realty has received required approvals to go ahead with its project in Worli.
Latest Answer: It is also come to know that the joint venture had proposed development of 44 duplex apartments in two 65-storeys towers on the Glaxo plot. The company could not immediately go ahead as the Brihanmumbai Municipal Corporation had demanded a fee from Glaxo worth up to 50% of the value of the land sale, which was Rs 108 crore. But the Supreme Court later set aside the BMC's decision, making the way for the project to go ahead.
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Q: Which are the top 10 real estate companies in India? Can anybody name them?
Latest Answer: Right Kunal, Recently, a real estate bill is approved by the Union Cabinet and it goals at protecting as well as saving the customers interests by providing them a suitable environment. This realty bill will surely help the buyers as well as investors to get their property in the given time period.
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Q: How much they are planing to invest in Bangalore?
Latest Answer: With land getting scarce and expensive in Mumbai, Oberoi Realty is planning to enter markets like National Capital Region and Bangalore. Land in NCR is available at half the cost of Mumbai while construction costs are similar.
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Q: What is the scope of Oberoi Realty in real estate business?? I heard they are coming up with new projects in other cities..
Latest Answer: The firm is likely to experiment in other cities such as NCR, Bangalore and Hyderabad. Furthermore, they are going to make small investments and do market research as well before taking up projects. Also, it has been clarified that the much-delayed hotel project in Worli, Central Mumbai by the firm, would be launched in September this year.
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