Latest news with #OberoiMall
Fashion Value Chain
5 days ago
- Business
- Fashion Value Chain
Wacoal Opens New Store at Oberoi Mall, Goregaon
Premium Japanese lingerie brand Wacoal has further strengthened its presence in Mumbai with the opening of a new exclusive store at Oberoi Mall, Goregaon. This launch follows earlier 2025 openings at Phoenix Palladium and Sky City Mall, Borivali, marking yet another milestone in the brand's India expansion journey. The new store aims to make luxurious, well-fitted intimate wear more accessible to women in the city, combining comfort, innovation, and refined aesthetics. Strategically located in one of Mumbai's most visited lifestyle destinations, it caters to the style needs of diverse women—working professionals, brides-to-be, and festive shoppers seeking both everyday essentials and indulgent occasion wear. 'Wacoal is about more than lingerie—it's about empowering women with confidence through superior fit and thoughtful design,' said Pooja Merani, COO, Wacoal India. 'With the festive and bridal season approaching, our Oberoi Mall store allows us to serve our customers with a wider choice of everyday comfort pieces and elegant, event-ready styles.' Echoing this sentiment, Hirokuni Nagamori, CEO, Wacoal India, added, 'Mumbai's vibrancy continues to inspire our growth. This new store embodies Wacoal's promise—premium lingerie that celebrates individuality while offering unmatched comfort and quality.' Spanning 780 sq. ft., the store is designed for a seamless shopping experience with private fitting rooms, dedicated fit experts, sleek interiors, and intuitive product zoning. Digital displays showcase the latest collections and campaigns, creating an engaging visual journey for shoppers. The store offers everyday basics, bridal lingerie, seasonal fashion edits, sleepwear, and loungewear, along with the latest Autumn/Winter 2025 launches. Wacoal's fit-first philosophy ensures every woman can find her perfect style and size. This expansion is part of Wacoal India's retail strategy to strengthen metro city presence while growing in emerging markets. With 18 exclusive stores now open nationwide, supported by strong online and multi-brand retail presence, Wacoal continues to redefine intimate wear shopping in India.
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.
