Article by Sandeep Sadh posted on Jan 19, 2022 Oberoi Realty Expands footprint to Bhandup - Buys Land for Rs.115 Cr Oberoi Realty Ltd has been buying value properties over the years. Starting from Ciba land in Goregaon, Tata Steel land in Borivali etc all the land banks are hand picked with huge potential of wealth creation for the Company and the Home Buyers. Oberoi Realty has entered Bhandup West market with a large 14371 sq.mtrs plot which was sold by the DRT - Debt Recovery Tribunal. This land was purchased at a price of Rs.115.54 Cr vs the ready reckoner value of Rs.119 Cr. Oberoi Realty already has presence in Mulund West near Johnson and Johnson where they are developing Eternia and Enigma Towers. This purchase is strategic to Oberoi who have been more dominant in Western Suburbs and Worli and this opens up another avenue for them in the Eastern Suburbs of Mumbai. Going forward the Mulund Goregaon Link Road connectivity will play a big role in the prices of this project as all Oberoi Goregaon Projects are already in the range of 5 Cr plus. AUTHOR Sandeep Sadh Experience in Transactions, Knowledge of the Real Estate Market, Understanding of the Legal Matters and its Implications on a transaction and knowing Ground Realities and to be the Founder - CEO of one of the most connected Real Estate Advisory Firms and in being in the consulting advisory real estate business Since 1993 has given Mr.Sandeep Sadh an edge in the market. He has been a Columnist in Times of India and engaged in Buying, Selling and Leasing of Residential and Commercial Properties. He writes basis on the Current Market condition with Research and Analysis of various Micro Markets etc.