Oberoi Realty buys out Sahana Group’s stake in Worli hotel for Rs 1,040 crore


The developer has purchased and taken possession of the under-construction hotel property on Dr. Annie Besant Road through its wholly-owned subsidiary Evenstar Hotels, the company said in a regulatory filing.

MUMBAI: Realty developer Oberoi Realty has bought out its partner Sudhakar Shetty-led Sahana Group’s entire 50% stake in an upcoming five-star luxury hotel property in Mumbai’s plush Worli locality for Rs 1,040 crore.

The developer has purchased and taken possession of the under-construction hotel property on Dr. Annie Besant Road through its wholly-owned subsidiary Evenstar Hotels, the company said in a regulatory filing.

Prior to the acquisition by Evenstar, the hotel property was owned by Oasis Realty, in which Sudhakar Shetty’s Sahana Group held 50% stake.

The property is a 221-key luxury hotel and will be operated and managed under the Ritz-Carlton brand. The hotel is part of the project Three Sixty West developed by Oasis Realty.


Comments

Post a Comment

Dear Reader, please comment & your comment will be really appreciating & encouragement to write such articles.

Popular posts from this blog

PRE LAUNCH 3 & 4 BHK LARGE FLATS AT NIBM, PUNE

Image
 🌟 Pre-Launching Now 🌟 NIBM’s Trophy Property Step into a world where luxury meets nature. Nestled in the heart of NIBM, this new development is set to redefine iconic living with customisable residences, surrounded by serene greenery and elevated design. 🏡 3 & 4 Bed Residences – Customisable layouts 🔹 3 BHK – Approx. 1700 sq.ft. | Starting ₹2.25 Cr ++ 🔹 4 BHK – Approx. 2100 - 2300 sq.ft. | Starting ₹2.88 Cr ++ 🌿 Forest-facing views 🧘‍♀️ Nature-inspired lifestyle 📍 Prime NIBM location 🛋 Calm, curated living by top international designers ⭐ EOI Window Open Now 📞 Contact: Deepak Sundrani – +91-9822052388
READ FULL ARTICLE »

Luxury + Location + Lifestyle – Rare 2 BHK Opportunity at NIBM, Pune.

Image
 ✨Luxury 2 BHK Homes – Ready Possession near TriBeCa Highstreet, NIBM – South Pune’s Most Prime Location!✨ Presenting an exclusive chance to own a brand-new 2 BHK apartment in a landmark project by a renowned top builder – just steps from TriBeCa Highstreet, NIBM. A perfect blend of luxury, location, and lifestyle! Project Highlights: 🏡 Sprawling 6.5-acre gated community 🏢 5 Towers | 22 Storeys Each 🚗 3-Level Basement Parking 🌿 Podium-Level Amenities & Clubhouse 💎 Designer Finishes | Premium Specifications Available Units: ✅ 2 BHK – 788 sq.ft – ₹99 Lakhs ✅ 2 BHK – 743 sq.ft – ₹95 Lakhs (Prices Negotiable) 📍Ideal for end-use or excellent rental returns & capital appreciation. 📦 Limited inventory – Book now before it's gone! 📞 Call today for site visit & best deal! 9822052388 Deepak S.
READ FULL ARTICLE »

For Sale: Premium 2 BHK Flat at Marvel Ideal Spacio, Undri – Only ₹57.50 Lakhs

Image
  🏡 For Sale: Premium 2 BHK Flat at Marvel Ideal Spacio, Undri – Only ₹57.50 Lakhs Greetings, Presenting a well-maintained, beautifully furnished 2 BHK apartment in the highly sought-after Marvel Ideal Spacio, Undri – perfect for both self-use or investment. 🔹 Property Highlights: Spacious 2 BHK with elegant fixed wooden furniture Situated on a higher floor with stunning hill and clubhouse views Comes with reserved car parking Located in a premium gated community with modern amenities 📍 Prime Location with Excellent Connectivity: Easy access to ISKCON Temple, Katraj, and Marketyard Close to reputed schools, colleges, and supermarkets Quick connectivity to the Mumbai–Bangalore Highway and Hadapsar–Kondhwa–Katraj Bypass Peaceful environment yet minutes away from key urban conveniences. Carpet area: 660 sqft., BUA area: 891 sqft 💰 Asking Price: ₹57.50 Lakhs 📑 Additional Costs: 2% brokerage + agreement registration charges 📞 For more details or to schedule a viewing, contact: Dee...
READ FULL ARTICLE »

Penthouses That Speak Success

Image
  Rise to the Pinnacle of Elegance Experience an extraordinary fusion of sophistication and tranquility with these ultra-spacious 4-bedroom penthouses — where refined interiors, sweeping views, and expansive private terraces come together to redefine modern luxury. Key Highlights: ✨ Nestled in a serene enclave of South Pune near TriBeCa Highstreet & Raheja corcle, just 10 minutes from premier schools, business districts, and entertainment hotspots ✨ Lavish layouts designed for elevated living, featuring grand interiors and expansive open-to-sky terraces ✨ A thoughtfully curated selection of lifestyle amenities — from wellness to recreation — crafted to enrich your everyday living 4 BHK Penthouses 📐 2,300 – 3,300 sq. ft. 💰 Starting from ₹3.65 Cr* This is more than a home — it’s a statement. A bold, beautiful reflection of success, without compromise. 📞  Book your exclusive site visit today +91-9822052388 Deepak Sundrani Real Estate Consultant | Blogger
READ FULL ARTICLE »