Oberoi Realty sells flats worth Rs 1,348 cr in 3 days of Maha project launch

29 Oct 2024 CW Team

Oberoi Realty has achieved impressive sales of luxury homes totaling Rs 1,348 crore in just three days following the launch of its new 75-acre residential project in Thane, part of the Mumbai Metropolitan Region.

Launched on October 18, the project, named 'Oberoi Garden City Thane,' will be developed and marketed in phases.

The company reported a gross booking value of approximately Rs 1,348 crore for 5.65 lakh sq ft of carpet area within the initial three days, according to a regulatory filing.

The sprawling project will feature over 30 world-class amenities, a 5-star deluxe JW Marriott Hotel Thane Garden City, and an Oberoi International School.

The first phase includes five residential towers, with bookings for two towers opening on October 18, 2024.

"We are thrilled by the tremendous response to the launch of our latest project at Oberoi Garden City Thane. The trust and confidence our customers have shown in our brand and product deeply humbles and encourages us. This project epitomizes our vision of delivering a holistic, luxurious living experience and we believe it will set a new benchmark for luxury in Thane," said Vikas Oberoi, Chairman and Managing Director of Oberoi Realty.

Oberoi Realty is one of India's leading real estate developers, having completed 49 projects in the Mumbai Metropolitan Region.

Equipment

09 Jan 2026

BKT Partners All Teams in India’s Women’s T20 League

Balkrishna Industries (BKT), a global leader in the off-highway tyre market, announced its association as the Official Tyre Partner for all five teams competing in India’s premier women’s T20 championship – Mumbai Indians, Royal Challengers Bangalore, Delhi Capitals, Gujarat Giants, and UP Warriorz – for the upcoming season. This move reinforces BKT’s commitment to using sport as a platform for inclusion, opportunity, and long-term development.These partnerships reflect BKT’s belief in the transformative power of sport, particularly in advancing women’s participation and creating..

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..