Oberoi Realty signs development agreement for Malabar Hill land in Mumbai

Strategic Transactions View source PDF Explain this filing

OBEROIRLTY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹1832.10

prior close

₹1844.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.4%-0.5% vs market

Residential Commercial Projects peers, median of 64sector-0.8%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 0.2 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.6

15m

-1.4

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-0.4-0.5-0.8-0.2

Next day

-0.3+0.1-0.4-0.4+0.0

-0.0+1.3-1.3+0.6-0.6

-2.9+1.0-3.9+0.3-3.2

-1.4+1.2-2.6+0.1-1.5

-3.0+0.8-3.8-0.2-2.8

-2.1+1.5-3.6-1.3-0.8

15d

+4.0+1.1+2.8-1.7+5.7

+2.0+1.8+0.2-2.2+4.1

-3.6-5.4+1.8-6.5+2.9

-10.1pendingpending-14.2+4.1

UpDownMarket · Nifty Midcap 150Sector · Residential Commercial Projects peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Oberoi Realty has entered into a Development Agreement to redevelop about 2,430 square meters of land at Malabar Hill, Mumbai. The company will be entitled to up to about 68,000 square feet of free sale area (RERA Carpet), subject to DCPR 2034 and applicable law. This adds a new premium project to its Mumbai development portfolio.

Likely market impact

Adds a premium Malabar Hill redevelopment project to Oberoi Realty's Mumbai portfolio, supporting future revenue from home sales.