Oberoi Realty to Redefine Gurugram Luxury Living with Landmark Project

Oberoi Realty Unveils Gurugram’s Next Icon: A Masterpiece of Luxury Living

In the world of luxury real estate, every city has its defining moment—a time when the skyline is forever changed by visionaries who dare to dream bigger. For Gurugram, that moment is fast approaching as Mumbai’s Oberoi Realty prepares to debut its first high-end residential project in Delhi-NCR, drawing inspiration from the iconic Three Sixty West in Mumbai’s Worli.

A Vision Inspired by Mumbai’s Finest

Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, has set the stage for an extraordinary transformation in Gurugram’s Sector 58. The new development promises sprawling homes ranging from 5,000 to 8,000 sq ft, echoing the grandeur and sophistication of Three Sixty West, where Mumbai’s elite reside in apartments priced at ₹1.50 lakh per sq ft. Oberoi’s vision is clear: to bring the same level of high-end design, quality, and exclusivity to Gurugram, tailored for the city’s evolving class of luxury homebuyers.

“It is very similar to what we are doing, maybe a smaller version of Three Sixty West. It will start with 5,000 (sq ft) or so, and will go up to 7,500, 8,000 (sq ft). So it’s literally that sort of product, it's high-end, high-quality, and it's very well designed,” Oberoi shared during a recent investment call.

Strategic Expansion into a Booming Market

The timing could not be better. Gurugram has emerged as the crown jewel of Delhi-NCR’s real estate market, boasting the highest sales value in the region over the past three years. With limited established local players and a rising demand for premium living, Mumbai-based developers like Oberoi Realty see a clear opportunity to redefine luxury in the city. As Ritesh Mehta, Senior Director at JLL India, notes, this move is a strategic leap for Oberoi Realty, aiming to diversify geographically and establish a stronghold in a market driven by premium aspirations and robust infrastructure.

A Seamless Path to Launch

The journey from vision to reality is well underway. Oberoi Realty secured 14.81 acres in Sector 58 for ₹597 crore, unlocking the potential to develop up to 2.6 million sq ft of floor area. With crucial approvals already in place, the company is on track to launch its Gurugram masterpiece in the second half of the current financial year.

Beyond Gurugram: The Alibaug Villa Dream

Oberoi Realty’s ambition doesn’t stop at Gurugram. In December 2024, the company acquired 81 acres in Alibaug, near Mumbai, with plans to create a luxury haven featuring a Ritz-Carlton hotel and branded villas. The vision is immersive: sample villas, a Ritz-managed restaurant, and a show villa experience that allows buyers to truly feel the lifestyle on offer.

“We want to do a restaurant managed by Ritz, and then do a show villa, and then call people and all that give them a complete feel and flavour of what they will be buying into,” Oberoi explained.

A New Chapter in Indian Luxury Real Estate

With these bold moves, Oberoi Realty is not just building homes—they are crafting experiences, setting new benchmarks for luxury, and reshaping the aspirations of India’s most discerning buyers. Gurugram’s skyline is about to gain a new icon, and the story of luxury living in India is being rewritten—one visionary project at a time.