Oberoi Realty Q3 Review - All Eyes On Upcoming Launches: ICICI Securities
Oberoi Chambers In Mumbai (Image: Company website)

Oberoi Realty Q3 Review - All Eyes On Upcoming Launches: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Oberoi Realty Ltd. recorded its highest ever quarterly sales bookings in five years at Rs 9.7 billion driven by a broad-based uptick in all its key completed/nearing completion projects.

With clarity on floor space index norms emerging under the unified development control regulations for Maharashtra (excluding -Mumbai city/suburbs) and overall revival in market sentiment in Mumbai, the company is targeting launches spread across four to five million square feet in Q4 FY21 (1msf in Thane and balance area in Goregaon and Borivali projects).

Click on the attachment to read the full report:

ICICI Securities Oberoi Realty Q3FY21 Results Update.pdf

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