Oberoi Realty is entering the Gurugram real estate market with a luxury residential project in Sector 58, modeled on its Mumbai flagship, Three Sixty West.
Set to launch in the second half of FY25, the project will offer apartments from 5,000 to 8,000 sq ft, targeting high-end buyers. The company acquired 14.81 acres in Gurugram for ₹597 crore, with development potential of 2.6 million sq ft. Experts view this as a strategic move into a premium, high-growth market. Separately, Oberoi Realty is also planning a luxury villa and hotel project in Alibaug with Ritz-Carlton, expected to launch in late 2025. Additionally, its new Sky City Mall in Borivali has secured rentals up to ₹1,000/sq ft on carpet area.