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.
Oberoi Realty to launch 2.6M sq ft luxury Gurugram project in H2 FY25; plans Ritz-Carlton villas in Alibaug and high-rent Sky City Mall in Borivali.
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.
