ICICI Direct's research report on Oberoi Realty
Oberoi Realty (ORL) is a Mumbai-focused premium real estate developer with a presence in the residential, commercial and hospitality segments. Residential portfolio of ~15.7 mn sq ft of ongoing projects and launches provides healthy growth and cash flow visibility over the medium term.
Outlook
We maintain HOLD rating on the company. Further value accretion is expected to be seen with new foray into non MMR and society redevelopment projects. Thane launch also remains a key monitorable. We value ORL at Rs 910/share.
For all recommendations report, click here
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