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flag Oberoi Realty and partners secure ₹919 crore deal to resolve Hotel Horizon's insolvency in Mumbai.

flag Oberoi Realty, along with Shree Naman Developers and JM Financial Properties, has been chosen to resolve Hotel Horizon Pvt Ltd's insolvency through a ₹919 crore deal. flag The consortium will pay creditors this amount as full settlement of all claims. flag Hotel Horizon owns prime land in Mumbai's Juhu area, which the consortium plans to develop into a retail-cum-hotel project. flag The acquisition will either be carried out directly or through a special purpose vehicle.

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