Oberoi Realty announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 November 2024 .Powered by Capital Market - Live News

Oberoi Realty launched its much-awaited integrated development, Oberoi Garden City Thane at Pokhran Road No 2 on Friday, 18 October 2024 and has recorded gross booking value of ~ Rs 1,348 crore for 5.65 lakh sq ft (carpet area) over the first three days.Aptly named Jardin at Oberoi Garden City Thane, French for Garden, the homes welcome residents to a Garden of Life where true luxuries abound, and human centricity is at the heart of the design philosophy. Spread across ~ 75 acres; Oberoi Garden City Thane is set to establish new standards in luxury living offering homes with over 30 worldclass amenities, a 5-star deluxe JW Marriott Hotel Thane Garden City, an exclusive Private Membership Club and an Oberoi International School.The first phase of the development will consist of 5 Residential Towers with expansive gardens and bookings for 2 towers commenced on 18 October 2024. The homes at Oberoi Garden City Thane will comprise of spacious 3-bedroom and 3-bedroom + studio apartments starting from 1475 sq ft and will rise over 65 stories. Powered by Capital Market - Live News

Net profit of Oberoi Realty rose 29.05% to Rs 589.44 crore in the quarter ended September 2024 as against Rs 456.76 crore during the previous quarter ended September 2023. Sales rose 8.42% to Rs 1319.89 crore in the quarter ended September 2024 as against Rs 1217.41 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1319.891217.41 8 OPM %61.6652.42 - PBDT803.30610.20 32 PBT782.47598.89 31 NP589.44456.76 29 Powered by Capital Market - Live News

Oberoi Realty announced that the Board of Directors of the Company at its meeting held on 18 October 2024, has recommended a Second Interim dividend of Rs.2 per share (i.e.20%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Oberoi Realty has approved the issuance of non-convertible debentures for an aggregate amount of Rs 1,500 crore on private placement basis. The deemed date of allotment is 23 October 2024. Powered by Capital Market - Live News