50 acre land to be acquired by Oberoi Realty
Real estate developer Oberoi Realty is planning to enter the market in the National Capital Region (NCR) and is in the final stages of acquiring a 50-acre land parcel at Gurgaon’s Golf Course Road Extension. The value of the land is valued at more than Rs 1,000 crore.
At present the land is currently in the possession of a financial institution and Oberoi will have to take over the debt to get its possession.