Oberoi Realty, Shree Naman and JM Financial completed the acquisition of Hotel Horizon for INR9.19bn.

Oberoi Realty, an Indian real estate developer, Shree Naman Group, an Indian property management company, and JM Financial, an Indian financial services group, completed the acquisition of Hotel Horizon, an established Indian private company, for INR9.19bn. The acquisition aligns with Oberoi Realty and Shree Naman Developers’ core focus on premium real estate development and strengthens their footprint in Mumbai’s high-value hospitality and mixed-use property market.