XTRAS: It won the coveted "HT Real Estate Titans 2021" award in the "Most Admired Homes" category.
SWOT Analysis
Strengths
• Strong presence in Mumbai.
• Established brand and reputation.
• Strong base of client in commercial.
• Financial stability of tenants.
• Strong workforce.
Weakness
• Volatility in prices of, or shortages of, key building materials.
• Largely depend on third parties, Joint ventures, Contractors on whom they have limited control.
Opportunity
• Continuous focus on large development in Mumbai.
• Acquisition and Joint venture for sustainable development.
• For more growth in other metro cities in India.
Threats
• Extensive regulation include various Environmental laws regulations.
• Constraint of fund
• Changes to the FSI/TDR regime in Mumbai.
• Changing and downturn in Economic condition of the country.
Future Prospects
• Mall and hotel construction at the Mumbai location is currently going on at a decent pace wherein the mall's – superstructure is likely to get ready by December 2021.
• Oberoi Realty is currently at the designing stage to launch a new residential project at the Thane location.
• With the increase in input costs such as steel, cement and a significant drop in ready-to-move inventories, it is expected that unit/flat prices to move up in the near future.
• It has created a dedicated team to focus on favourable redevelopment opportunities and is currently under various stages of negotiation/finalisation with different societies.
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