Oberoi Realty to Redevelop 1,740 Sq Meters in Mumbai

Representative image
Representative image

NEW DELHI: Oberoi Realty has initiated a development agreement for the redevelopment of a 1,740 sq meter plot located at Malabar Hill, Mumbai.

This land will be developed in conjunction with nearby societies under a cluster development scheme, with the company anticipating a free sale component entitlement of up to 51,000 sq ft from this site.

The company had previously signed a development agreement with two neighboring housing societies on M.L. Dahanukar Marg and Dr. G. Deshmukh Marg at Peddar Road, covering a total land area of 4,800 sq meters.

From this project, the company forecasts a free sale component entitlement of up to 140,000 sq ft.

  • Published On Mar 31, 2026 at 07:00 PM IST

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