Oberoi Realty’s stock rose by over 2% following the announcement of a significant development agreement for an expansive 81.05-acre site in Tekali, Alibaug, Maharashtra. This premium project is poised to elevate the region’s luxury living and hospitality sector.
Project Highlights:
- 5-Star Luxury Hotel/Resort: 8.6-acre land dedicated to a high-end hotel or resort with an FSI of 30,000 square meters.
- Luxury Residential Villas: 72.45 acres for 150 branded, serviced villas, with an FSI of 120,000 square meters.
Oberoi Realty shares opened at ₹2,290.00 today, reaching a high of ₹2,313.60 and a low of ₹2,241.30. The stock has a 52-week high of ₹2,341.15 and a 52-week low of ₹1,268.15.
As of 11:10 am, Oberoi Realty shares were trading 2.05% higher at Rs 2,308.65 on the NSE.
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