Mumbai-based developer Oberoi Realty has acquired 14.8 acres of land in Gurugram, Haryana, for INR597cr ($87m). The company plans to develop a luxury residential group housing project on the site, marking its first venture outside of Mumbai. Oberoi Realty will also launch projects in Thane, including the Forestville development in Kolshet and a project on Glaxo pharma land in Vasant Vihar.
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