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Yes Securities Report
Oberoi Realty Ltd. has achieved all-time best nine months gross presales of Rs 31.5 billion guided by strong demand across project while Elysian received extraordinary response since launch along with Sky City.
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Borivali and Goregaon project is in last leg of development so it is expected that Oberoi Realty is actively scouting for land to build pipeline for next five-10 years.
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We believe once all the Covid-19 related restrictions are eased out totally and organisation start operating at full strength the demand for the office asset will increase and Oberoi Realty in Goregaon micro-market is well placed to tap that demand with Commerz III.
Additionally, The Westin's witnessed decent recovery in Q3 FY22 while spread of omicron has delayed the full recovery of mall.
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