Oberoi Realty has entered a development agreement with landowners for a 81.05-acre land parcel in Tekali village, Alibaug, near Mumbai, India to build luxury villas and a five-star hotel.

Last month, the company signed a new Taj hotel in Alibaug, Maharashtra, marking an addition to its luxury hospitality offerings in the region. "IHCL expands footprint in India’s Punjab with two ...