Oberoi Realty Gurugram Launch Brings Luxury Living with First Project Before FY-End

Oberoi Realty Gurugram launch marks the developer’s first luxury residential project in Sector 58, set to debut before FY25-end in the Delhi-NCR market.

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Oberoi Realty Gurugram Launch Brings Luxury Living with First Project Before FY-End

Oberoi Realty First project to be opened in Gurugram.

Reference to Reference to Hindustan Times. Oberoi Realty, which is a Mumbai developer, is about to venture into a much awaited project in Gurugram in the Delhi-NCR market with a luxury project towards the end of the current fiscal year.

The Chairman and the Managing Director Vikas Oberoi said that most of the required approvals are already in place and that launch is being pursued.

This was stated by Oberoi in a Q2 FY25 earnings call when he stated that the company has already established an office in Gurugram which is a clear indication that we are already rolling out our plans of expansion in the NCR area.

He went further to disclose that the entire TDR (Transferable Development Rights) is loaded and the region is all set to be granted in one narration. He responded that we will, literally, we are hoping to roll out the project this very financial year.

Sanctions and Early Victories.

According to Oberoi, it has already started demolition on the current structure. He stated that hopefully we would get the RERA approval and plans completed in early January.

The CMD also exhibited much interest to buyers even before the actual launch.

Without RERA we would have had a number of cheques by now. The demand is that strong. Oberoi claimed that the individuals were eager to invest and we are doing the rules to the dot.

First NCR Project in Oberoi Realty.

In April 2025 Vikas Oberoi announced that it will start with a luxury residential development in Sector 58, Gurugram, with apartments between 5,000 and 8,000 sq. ft. It is an iconic project of Three Sixty West in Mumbai that is being done by the developer.

It was a smaller version of Three Sixty West, luxury, luxurious, quality-wise and well-decorated as Oberoi had previously mentioned.

The company had in November 2023 acquired a land worth 597 crore at 14.81 acres. It is estimated that the area has 2.6 million sq. ft. of floor area that can be developed as a plot.

Powerful Launch Pipeline Future.

The second subsequently half-yearly pipeline of Oberoi Realty is strong and there are some fresh discharge that are scheduled in the markets.

Worli is able to enter Gurugram will enter. Some of the redevelopments that we have signed and plans to launch new towers in Borivali, Thane and Goregaon and Oberoi told us that the company was to launch as per the market forces.

Borivali Project is in high demand.

The apartments in the Sky City project of Oberoi Realty, Borivali, Mumbai have been retailing at prices above 50,000 per sq. ft., and one of them, purchased by Bollywood star Akshay Kumar.

Despite the fact that Oberoi was interrogated on the performance of the project, he responded that it is even performing more than we had imagined as its position above a mall of high-end shopping and easy accessibility via the metro rail has transformed it into a veritable hit.

High resales and low supply have also led to the company raising the prices of the development.

Sky City Mall is the location where record footfalls are created.

Oberoi also indicated the performance of the Sky City Mall that had already achieved footfall similar to that of the flagship of the company, Goregaon Mall, within a brief period within six months of its operation.

We had not imagined we would do it in a year or two but it happened much earlier. The Oberoi replied that the trading occupancy of the mall is gigantic,53 percent, and the growth potential is colossal.

Q2 FY25 Financial Performance

The consolidated net profit has increased 29 years on year by 29.26 crore to 760.26 crore in the third quarter of the year ending September 2025 as compared to 589.44 crore in the third quarter of the year ending September 2024 (Oberoi Realty).

The total income of 1,844.84 crore was recorded, an improvement over 1,358.62 cut off under Q2 FY24 because of good sales and project implementation.

Conclusion

Since the Oberoi Realty will soon move to enter Gurugram, not to mention that the company has numerous other launches planned in Mumbai and Thane, the company will be perfectly positioned to stay among the luxury developers in India. Quality based expansion strategy undertaken by the company, and assurance of the market show that the company is gaining good momentum as it drives towards 2026.