Oberoi Realty, based in Mumbai, has acquired 63 residential units totaling more than 5 lakh square feet in a Worli, Mumbai, luxury housing project. Oberoi Realty stated in a regulatory filing that its shareholders had approved the purchase or acquisition of residential premises in the project "Three Sixty West," which was built by Oasis Realty, for up to Rs 400,00 million in December.
The realty firm has announced that the purchase of residential property in the project has been completed. 63 units and a total of 5,23,039 square feet of carpet space had been acquired. Oberoi Realty has also acquired an 8-acre piece of land in Thane, Maharashtra, for Rs 192,0 million. It has successfully completed the deal with Blue Star Ltd. (BSL) to acquire land in Thane, Maharashtra, measuring approximately 32,204 square meters (or 8 acres).
