Oberoi Realty clocks ₹8,109 crore bookings from Gurugram luxury project
Developer records strong demand for its first NCR residential project, with over 13.5 lakh sq ft of RERA carpet area booked
Oberoi Realty has recorded gross bookings of around ₹8,109 crore at its luxury residential project, Three Sixty North, in Gurugram, marking a strong debut for the Mumbai-based developer in the National Capital Region (NCR).
The company said the project has received bookings for nearly 13.52 lakh square feet of RERA carpet area, equivalent to about 23.10 lakh square feet of saleable area. The response represents a significant milestone in Oberoi Realty's expansion into North India, where it is entering the premium residential market for the first time.
Located on Golf Course Extension Road in Sector 58, Gurugram, the project is spread across around 14.8 acres and is planned as a luxury residential development. The master plan includes seven residential towers, landscaped open spaces, a clubhouse named Club Three Sixty North, and a retail boulevard with cafés and lifestyle amenities.
The company said the project has been designed to cater to the growing demand for high-end residential developments in Gurugram, one of the country's fastest-growing luxury housing markets.
Commenting on the bookings, Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, said, “The overwhelming response to Three Sixty North reflects the strength of the development and also the trust that customers have placed in Oberoi Realty over the past four decades. Three Sixty North is the culmination of our experience in creating landmark developments in Mumbai. Our entry into NCR marks an important milestone in Oberoi Realty’s journey driven by philosophy rather than geography. As I have often said, growth is a by-product, we have to get the product right.”
The company said the project draws on its experience of developing premium residential and mixed-use projects in Mumbai, where it has built a portfolio of luxury homes, office spaces, retail developments and hospitality assets over the past four decades.
Headquartered in Mumbai, Oberoi Realty is among India's leading real estate developers with a focus on premium residential, commercial, retail, hospitality and social infrastructure projects. The company has completed 51 projects, primarily in the Mumbai metropolitan region, and has been expanding its presence into new markets as demand for luxury housing remains robust across major cities.