Oberoi Realty-led consortium wins ₹919 crore resolution plan for Hotel Horizon in Mumbai's Juhu

Hotel Horizon Private Limited owns a prime 7,500 square metre land parcel overlooking the Arabian Sea in Juhu, Mumbai. The acquisition aligns with Oberoi Realty’s core business strategy and will be executed either directly by the consortium or through a special purpose vehicle (SPV) to be formed. Shares of Oberoi Realty Ltd ended at ₹1,804.55, down by ₹30.95, or 1.69%, on the BSE.

from Business News in CNBCTV18, Business Latest News, Business News https://ift.tt/gkmlIWU

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