Realty developer Oberoi Realty reported a 48% YoY decline in consolidated net profit for the quarter ended December at Rs 360.02 crore. The total consolidated income for the quarter also fell 34% to Rs 1,082.85 crore. Despite the challenges, the new tower in Elysian at Oberoi Garden City in Mumbai s Goregaon recorded a gross booking value of Rs 882 crores for over 2.20 lakh sq ft carpet area.
Chief Minister Eknath Shinde today has directed the immediate compensation of Rs 50,000 per family to the families of the Jai Bhawani SRA building in Goregaon Unnat Nagar where a massive fire broke out. A committee has been set up by the Guardian Minister Mangalprabhat Lodha to probe into the fire incident., Mumbai News, Times Now
Maharashtra Chief Minister Eknath Shinde condoled the loss of lives in the fire and announced an ex gratia of Rs 5 lakh for the kin of each of the deceased victims. The CM said that those injured in the fire would be treated at government expense., Mumbai News, Times Now