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HomeReal EstateOberoi Realty buys eight acres land in Thane for Rs 192.31 crore

Oberoi Realty buys eight acres land in Thane for Rs 192.31 crore

Oberoi Realty has acquired land of around 32.20 sq metres (about 8 acres) along Pokhran Road 2 from Blue Star (BSL) for Rs 192.31 crore, the company said in a BSE filing.

On February 2, 2023, it registered the conveyance for the said lands. The company’s existing lands, which measure about 2,40,140 sq metres (approximately 60 acres), are adjacent to the area it purchased from BSL.

Another recent land deal in Thane had Shoden Developers, a group of the House of Hiranandani group, buying 96,180 sq m of land at Kavesar from Kansai Nerolac Paints for Rs 655 crore.

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