Oberoi Realty enters Delhi-NCR; buys 15-acre land in Gurugram for nearly Rs 600 crore
Monday, 20 November 2023 Mumbai-based real estate company, Oberoi Realty, has acquired a 15-acre land in Gurugram for Rs 597 crore. This marks the company's entry into the Delhi-NCR property market. Oberoi Realty plans to develop a luxury residential group housing project on the land, which will provide an estimated area of 2.6 million square feet for development. The transaction is in the form of monetary consideration and area allocation for existing homeowners and others. The company reported a 17% decline in sale bookings for the second quarter of this fiscal year but saw a 43% increase in consolidated net profit.
Delhi experienced rainfall amid a heatwave, offering relief from scorching conditions. Rain was observed in RK Puram and other NCR areas, including Gurugram. The day started partly cloudy with a minimum temperature of 28.4Β°C. IMD forecasted thunderstorms with light rain in parts of the city, with maximum temperatures expected around 40Β°C.
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Delhi Weather Today Live Updates: As the monsoon approaches, Delhi-NCR witnessed severe rainfall early Friday morning, leading to significant disruptions. Heavy downpours resulted in the collapse of the roof at Delhi Airport Terminal-1, injuring six people. The Regional Weather Forecasting Centre predicts light to moderate rain with isolated heavy downpours in the next few hours. Despite the intense rain, the Indian Meteorological Department has not yet officially declared the arrival of the monsoon in Delhi, though it is expected in the next two to three days. The rainfall has caused widespread water-logging, power outages, and severe traffic disruptions across the city. Stay tuned for live updates on the situation.
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Escape the scorching heat as refreshing rains sweep through parts of Delhi NCR, offering much-needed relief from the ongoing heatwave. While the showers bring a respite, high humidity levels persist, adding to discomfort across the region. Join us as we bring you comprehensive coverage and analysis of the weather conditions affecting Delhi NCR. Stay informed and prepared with the latest updates on rainfall patterns, temperature changes, and more.
#DelhiWeather #RainInDelhi #HeatwaveRelief #monsoon #delhi #delhimonsoon #southwestmonsoon #heatwave
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