Oberoi Realty has launched a 25-acre residential project in Mumbai's Borivali called 'Sky City'.
"Sky City will consist of multiple towers of up to 60 storeys each. The company plans to launch the first phase of this development consisting of three towers," Oberoi Realty said.
The apartments at Sky City will comprise predominantly of expansive three bedrooms in various configurations, with carpet areas starting from 1029 sq. ft. onwards, Oberoi Realty added.
"The project is strategically located off the Western Express Highway offering excellent connectivity to business districts and leisure options like malls, hotels, theatres and parks.
"Based on the design concept of multi- terraced gardens, the development will boast of wide - open recreational areas and lush green landscapes," Oberoi Realty said.
The amenities at 'Sky City' will include multiple swimming pools, an aqua gym, tennis court, badminton court, squash court, rock climbing, landscaped gardens, gymnasium, jogging track, children's play area, skating rink, Oberoi Realty said.
At 12:37 pm, the Oberoi Realty stock was trading 2.57 per cent higher at Rs 275.20, outperforming the broader indices.