Oberoi Realty hits 52-week high on launching first luxury residential project in Thane

Oberoi Realty has launched its first luxury residential project ‘Forestville by Oberoi Realty’ in Kolshet, Thane. Spread across 18 acres; Forestville will consist of 5 residential towers. The company has launched the first phase of this development consisting of 3 towers. The apartments at Forestville will comprise predominantly spacious 3-bedroom apartments starting from 1090 sq. ft. at around Rs 1.87 crore onwards.

Biophilic Design in Focus: Forestville’s Nature-Inspired Living

Forestville draws inspiration from the design principles of Biophilia, through air, water, light and nature, thereby crafting an environment that blends nature and urban living.

Oberoi Realty: A Powerhouse in Real Estate

Oberoi Realty is India’s leading real estate development company, headquartered in Mumbai. It is focused on premium developments in the residential, office space, retail, hospitality, and social infrastructure verticals. In the real estate space, Oberoi Realty is an established brand with an impeccable track record. Its primary aim is to build aspirational developments for its customers with distinctive designs, functional aesthetics and quality finishes that translate into landmark projects through its mixed-use and single-segment developments

Oberoi Realty’s Stock Performance Today

Today, the stock opened at Rs 1,360.05 and has touched a high and low of Rs 1,415 and Rs 1,360.05, respectively. The BSE group ‘A’ stock of face value of Rs 10 has a 52-week high and low of Rs 1,415 and Rs 790.05, respectively. Last one week high and low of the scrip stood at Rs 1,415 and Rs 1,239, respectively. The current market cap of the company is Rs 51,215.19 crore.

Ownership Landscape: Promoters, Institutions, and Non-Institutions

The promoters holding in the company stood at 67.70%, while Institutions and Non-Institutions held 29.45% and 2.85%, respectively.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.