It is one of the strongest brands in the Mumbai Metropolitan Region (MMR). The company has seen robust growth in pre-sales and collections and is likely to achieve a compound annual growth rate (CAGR) of 25 per cent in pre-sales numbers between FY24 and FY27.
It intends to raise ₹6,000 crore, which may be deployed in the next 1-2 years. Such an amount could be used to acquire land parcels and may add a gross development value (GDV) of ₹70,000 crore. Oberoi's net debt to equity stands at a negligible 0.02x as of H1FY25. Oberoi has completed over 35 projects till date in FY25 and has a portfolio of 30 million sq ft of ongoing and forthcoming developments.
Denne historien er fra December 18, 2024-utgaven av Business Standard.
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Denne historien er fra December 18, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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