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Oberoi Realty has agreed to purchase a 50-acre property lot on the Gurgaon Golf Course Extension Road. Oberoi Real Estate was founded and is headquartered in Mumbai, but it is expanding and attempting to penetrate the markets of the national capital region. The transaction was revealed to the three people who were already aware of it.
Business did not reveal the economic factors which were included during the making of the deal. However, according to analysts, the land is worth more so than Rs 1,000 crore. The land is now in the ownership of a finance company, and Oberoi will be required to assume the obligation to obtain control.
Although Oberoi Realty had positioned itself with a builder with a proven history in the Maharashtra real estate market, the company’s debut into the NCR will be extensively scrutinised by executives surveyed.
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