Oberoi Realty to redevelop around 2,430 sq mtr land in Malabar Hill
This story was originally published at 21:48 IST on 29 July 2026
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NEW DELHI – Oberoi Realty Ltd. Wednesday said it has entered into a development agreement for the redevelopment of land admeasuring approximately 2,430 square metre at Malabar Hill in Mumbai.
The company's entitlement of free sale component from the redevelopment of the said land is estimated to be up to around 68,000 square feet, subject to the provisions of Development Control and Promotion Regulations and other applicable laws, the company said in an exchange filing.
For the June quarter, the company's consolidated net profit was INR 5.44 billion on revenues of INR 13.01 billion. Wednesday, shares of the company closed 0.4% higher at INR 1,836.50 on the National Stock Exchange. End
Reported by Astha Oriel
Edited by Akul Nishant Akhoury
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