Oberoi Realty Limited — JV/Acquisition, 14-07-2025: Acquisition

Oberoi Realty's consortium has successfully acquired Hotel Horizon Private Limited (HHPL) for an estimated Rs. 920 Cr. This includes Rs. 919 Cr for creditors and Rs. 1 Cr for a 100% equity stake in HHPL. HHPL owns a prime ~7500 sq. mtr. land parcel at Juhu, Mumbai, boasting Arabian Sea views and earmarked for a retail-cum-hotel project. This strategic acquisition significantly enhances Oberoi Realty's land bank and strengthens its foothold in Mumbai's luxury hospitality and retail sector, signaling strong future growth potential.