Home Politics India Developer Oberoi Seeks to More Than Double Sales Value
Politics

India Developer Oberoi Seeks to More Than Double Sales Value

India Developer Oberoi Seeks to More Than Double Sales Value
Key Points

India Developer Oberoi Seeks to More Than Double Sales Value Oberoi Realty Ltd., an Indian developer known for premium properties, expects to “more than double” its sales value to 135 billion rupees ($1.4 billion) in the financial year through March, its billionaire owner said, reflecting robust demand for luxury homes in the South Asian nation. The first phase of a high-end project by the company in Gurugram near New Delhi was sold out in “two hours,” Chairman and Managing Director Vikas...

India Developer Oberoi Seeks to More Than Double Sales Value Oberoi Realty Ltd., an Indian developer known for premium properties, expects to “more than double” its sales value to 135 billion rupees ($1.4 billion) in the financial year through March, its billionaire owner said, reflecting robust demand for luxury homes in the South Asian nation. The first phase of a high-end project by the company in Gurugram near New Delhi was sold out in “two hours,” Chairman and Managing Director Vikas Oberoi said in an interview. It received four times the demand, he said.
India (LOCATION) Oberoi Seeks (ORG) Indian (ORG) South Asian (ORG) Gurugram (ORG) New Delhi (LOCATION) Vikas Oberoi (PERSON)
Originally published by Bloomberg Markets Read original →