Oberoi Realty announced that Evenstar Accommodations (Evenstar), a wholly owned subsidiary of the Business, has obtained and taken possession of a hotel assets (collectively with appurtenant rights, proportionate curiosity in frequent locations, and conveniences) situate at Dr. Annie Besant Road,
Worli, Mumbai, for a consideration of Rs. 1040 crore.
The lodge home is a 221 vital ‘5 Star’ lodge and will be operated and managed under the Ritz-Carlton brand name. Prior to the acquisition by Evenstar, the lodge residence was owned by Oasis Realty (an
affiliation of persons), and is element of the project ‘Three Sixty West’ produced by Oasis Realty.
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(This tale has not been edited by Company Standard employees and is auto-created from a syndicated feed.)
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Initial Printed: Sat, December 19 2020. 12:17 IST