Oberoi Realty takes over stalled project of HBS Realtors in Worli
This move by Oberoi Realty to take over the stalled project of 8.5 acres in the heart of Worli in Mumbai is going to be a game changer of sorts. Oberoi Realty already has a presence in the location a 5 Star Hotel and one of India’s finest building, Oberoi 360 West and with one more plot to be developed which is next to the TV tower in Worli.
Oberoi Realty will develop 1025 sq.ft flats for the 192 families which had vacated their flats in 2014. Oberoi Realty is known for its flawless and meticulous planning and all its projects have the best returns for investors both in terms of capital appreciation and rent. The worli project for the old residents will also have 425 car parking spaces.
Worli is an extremely prime location near South Mumbai and through the Worli Sea Link one can reach BKC in 15 min max, 30 min to International Airport, 15 min to Peddar Road, 30 Min to Nariman Point and 45 min to Andheri East.
The plot is located at Dr.Annie Beasant Road, Worli and it will be touching the upcoming Metro Stations in Worli near Glaxo so the connectivity to this project is going to be the best. Worli is now the new City Centre and and a no fuss location.
The plot of land at Shivshahi is around 8.5 acres and out of which the 3 acres is occupied by Shivshahi in the MHADA layout. There are 4 more societies which hold the balance 5.5 acre of land.
In a space starved city, this redevelopment project will benefit Oberoi Realty Ltd tremendously and it will be the best investment and real estate destination for Investors looking to have a home in the finest complexes developed by Oberoi Realty Ltd.
Going forward, there is a jackpot waiting in the wings for Top Developers in Mumbai. Developers who have acquired projects and who are not able to complete them will have the Top 5 developers Shapoorji, Hiranandani, K Raheja Corp, Godrej Properties along with Oberoi Realty in Mumbai who have an impeccable track record as sure contenders to complete the project.