Oberoi Realty Anticipates NCR Market to Surpass Mumbai in Size, Says Company CEO Vikas Oberoi

Mumbai-Based Luxury Home Developer Oberoi Realty Makes Strong Debut in Gurugram

Mumbai-based luxury home developer Oberoi Realty Ltd has made a significant entry into the National Capital Region (NCR) with ₹8,109 crore of sales bookings from the launch of Three Sixty North, its maiden project in Gurugram. This marks the company's foray into the rapidly growing high-end luxury residential market of Gurugram.

Located on 14.8 acres of land on Golf Course Extension Road in Sector 58, Gurugram, Three Sixty North is a follow-up to the successful Three Sixty West project in Mumbai's Worli neighbourhood. Three Sixty West is one of the country's most valuable high-end residential projects, which has seen a string of big-ticket transactions in the past three years. The project's buyers include business leaders, entrepreneurs, startup founders, and several high-profile individuals.

Gurugram has emerged as the country's fastest-growing high-end luxury residential market in recent years. Oberoi Realty's Gurugram project, where apartments are priced from ₹18 crore, will eventually comprise seven residential towers, Club Three Sixty North, and a boulevard with retail and cafés. Chairman and managing director Vikas Oberoi has stated that the company will build a strong portfolio in the NCR, including Gurugram and Noida.