Latest news with #ElysianTowersA
Business Standard
05-05-2025
- Business
- Business Standard
Oberoi Realty gains after Elysian Tower D records bookings worth Rs 970 crore
Oberoi Realty added 1.27% to Rs 1624.10 after the company announced that it had clocked bookings worth Rs 970 crore post the launch of Elysian Tower D at Oberoi Garden City Goregaon, Mumbai. The Mumbai-based real estate developer had launched Elysian Tower D at Oberoi Garden City Goregaon, on 30th April 2025. Post launch, the project has registered gross booking value of Rs 970 crore for 2.1 lakh square feet (RERA carpet area) and a saleable area of 3.25 lakh square feet. The development offers luxurious living in the integrated ecosystem of Oberoi Garden City Goregaon. Elysian Tower D features a selection of elegantly designed, spacious 3 and 4-BHK residences, ranging from 2,009 to 3,430 square feet (carpet area). Oberoi Garden City Goregaon is Oberoi Realtys flagship integrated development, spread across 80 acres approximately and offers a ready social and lifestyle infrastructure with excellent connectivity to the metro, transport networks and business districts. Vikas Oberoi, chairman and managing director, Oberoi Realty, said: We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City Goregaon. This success not only reflects the enduring strength of the Oberoi Realty brand but also validates our long-term vision of creating integrated urban developments that redefine luxury living. The track record established by the sales in Elysian Towers A, B and C, and now the exceptional response to Elysian Tower D, is a strong endorsement of the vibrant ecosystem we have built at Oberoi Garden City Goregaon. Oberoi Realty is a Mumbai-based real estate development company. It is focused on premium developments in the residential, office space, retail, hospitality, and social infrastructure projects. The company's consolidated net profit tumbled 45.03% to Rs 433.17 crore on a 12.52% drop in revenue from operations to Rs 1,150.14 crore in Q4 FY25 over Q4 FY24.
Hindustan Times
05-05-2025
- Business
- Hindustan Times
Oberoi Realty sells 2.1 lakh sq. ft. of apartments worth ₹970 crore in Mumbai's Goregaon
Mumbai-based listed real estate developer Oberoi Realty has announced the launch of Elysian Tower D at Oberoi Garden City in the Goregaon area of Mumbai. The project has registered a gross booking value of ₹970 crore for 2.1 lakh sq ft (RERA carpet area) with a total saleable area of 3.25 lakh sq ft, it said in a regulatory filing. Spanning across 80 acres, the development offers a variety of 3- and 4-BHK residences, with carpet areas ranging from 2,009 to 3,430 sq. ft. This mixed-use project includes residential units, Grade-A office spaces, Oberoi Mall, Oberoi International School, and the luxury hotel, The Westin Mumbai Garden City. 'We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City, Goregaon. This success not only reflects the enduring strength of the Oberoi Realty brand but also validates our long-term vision of creating integrated urban developments that redefine luxury living," said Vikas Oberoi, Chairman and Managing Director, Oberoi Realty Limited. Also Read: 'Buying a house will never go out of fashion,' says Oberoi Realty's CMD Vikas Oberoi "The track record established by the sales in Elysian Towers A, B and C, and now the exceptional response to Elysian Tower D, is a strong endorsement of the vibrant ecosystem we have built at Oberoi Garden City, Goregaon. As we continue to shape Mumbai's skyline, our focus remains on delivering sustainable, design-led and future-ready developments that enrich lives and communities for generations to come," Oberoi added. Oberoi Realty Ltd. announced its Q4 results for the financial year ended 2024-25 on April 28. According to a Mint report, the company reported a 45% fall in its consolidated net profits for the fourth quarter to ₹433.17 crore, compared to ₹788.03 crore in the same quarter of the previous fiscal year. The company's revenue from core operations dropped 12.5% to ₹1,150.14 crore in the fourth quarter of the 2024-25 fiscal, compared with ₹1,314.77 crore in the same period a year ago, the report said. Also Read: Mumbai real estate: Oberoi Realty sells luxury homes worth ₹1,348 crore in three days of Thane launch In 2024, 50% of properties registered in the Mumbai real estate market were smaller than 650 sq ft, with nearly 60% comprising 1 BHK and 2 BHK apartments, highlighting affordability as the key factor influencing apartment sizes, according to registration data from the Maharashtra Real Estate Regulatory Authority (MahaRERA). Also Read: Nearly 50% of Mumbai properties registered in 2024 smaller than 650 sq ft, 60% are 1 BHK and 2 BHK homes: MahaRERA data According to MahaRERA data, 36,274 of the 63,244 units launched in the calendar year 2024 were 1 BHK and 2 BHK apartments. Around 15%, or over 10,000 units, were 3 BHK apartments, and around 3% or nearly 2,000 units, were 4 BHK apartments.
Time of India
05-05-2025
- Business
- Time of India
Oberoi Realty shares in focus on clocking Rs 970 cr in sales at Goregaon project
Oberoi Realty shares: Oberoi Realty's stock has risen 4.70% over the past year, but its performance in 2025 has been notably weak. Year-to-date, the stock is down 29.62%, with a 6-month decline of 18.72% and a 13.10% drop over the past 3 months. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets Oberoi Realty stock price history The shares of Oberoi Realty are expected to be in the spotlight on Monday, May 5, after the company announced robust bookings worth Rs 970 crore from the launch of Elysian Tower D at Oberoi Garden City , project, launched on April 30, 2025, recorded bookings for approximately 2.1 lakh sq. ft. of RERA carpet area and a saleable area of 3.25 lakh sq. new tower is part of Oberoi Garden City's flagship development in Goregaon, Mumbai, and includes a premium selection of 3 and 4-BHK residences ranging between 2,009 sq. ft. and 3,430 sq. across 80 acres, Oberoi Garden City offers a mix of upscale residences, commercial spaces, retail offerings, international schools, and hospitality services. The project is inspired by the New Urbanism concept and is well connected to metro, transport, and business networks, enhancing its appeal among high-end buyers.'We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City Goregaon. This success not only reflects the enduring strength of the Oberoi Realty brand but also validates our long-term vision of creating integrated urban developments that redefine luxury living . The track record established by the sales in Elysian Towers A, B and C, and now the exceptional response to Elysian Tower D, is a strong endorsement of the vibrant ecosystem we have built at Oberoi Garden City Goregaon,' said Vikas Oberoi, Chairman and Managing Director of Oberoi Realty.'As we continue to shape Mumbai's skyline, our focus remains on delivering sustainable, design led and future ready developments that enrich lives and communities for generations to come,' he Realty's stock has gained 4.70% over the past 1 year. However, on a year-to-date (YTD) basis, the stock has declined by 29.62%. Over the last 6 months, it has fallen by 18.72%, while the 3-month performance shows a 13.10% drop. In the last 1 month alone, the stock has slipped by 1.09%.
