Excerpts from this year’s AR:
Real Estate bill will add tailwinds to Oberoi’s biz.
Going forward,we foresee some sectorial consolidation with the new real estate regulation acting
as a catalyst.
CMD paid a token salary of INR 1 p.m. Only income through dividends.
Mumbai real estate market has shown signs of improvement and increase in off-take of inventory.
Brand recall, strong cash flows, conservative debt practice are key strengths.
Looking at land parcels in NCR and Bangalore. This to me is a big negative!
No mention on Pune land parcel.