Oberoi Realty enters the Delhi-NCR housing market with its first ultra-luxury residential project, “Three Sixty North,” in Gurugram. The company says it is investing about ₹6,000 crore for the project across two phases, with a stated revenue potential of ₹16,000 crore. The development is spread over 14.8 acres on Golf Course Extension Road in Sector 58. The first phase includes 832 units across six towers. Reported apartment sizes range from roughly 5,500–5,600 sq ft up to over 13,000 sq ft saleable area, and the company has said apartment costs start from around ₹18 crore, with some coverage citing a basic selling price of about ₹35,000 per sq ft for the first phase. Oberoi Realty also disclosed strong early demand: regulatory filings cited in multiple reports show gross bookings of approximately ₹8,109 crore for Three Sixty North. The filings also cite sold/contracted area totals, including 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft saleable area). Company statements describe the move as part of expanding its brand into NCR.
Oberoi Realty launches ₹6,000-crore ultra-luxury project Three Sixty North in Gurugram
Oberoi Realty enters the Delhi-NCR housing market with its first ultra-luxury residential project, “Three Sixty North,” in Gurugram. The company says it is investing about ₹6,000 crore for the project...
- Oberoi Realty launches its first Delhi-NCR housing project, “Three Sixty North,” in Gurugram.
- The company cites total investment of about ₹6,000 crore and revenue potential of ₹16,000 crore across two phases.
- The project spans 14.8 acres on Golf Course Extension Road in Sector 58; phase 1 has 832 units across six towers.
- Reported apartment configurations cover options from around 3 BHK + studio to penthouses, with saleable areas spanning roughly 5,500 sq ft to over 13,000 sq ft.
- Regulatory disclosures cited by outlets state gross bookings of about ₹8,109 crore and include 13.52 lakh sq ft RERA carpet area (23.10 lakh sq ft saleable area).
The Mumbai-based developer said its Gurugram luxury project, Three Sixty North, recorded bookings for about 2.31 million square feet of saleable area
1 month agoNew Delhi, Mumbai-based Oberoi Realty Ltd on Sunday said it has sold luxury homes worth Rs 8,109 crore in its newly launched project in Gurugram on strong consumer demand.The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore and a revenue potential of Rs 16,000 crore.Also read: Oberoi Realty makes Delhi-NCR debut with Rs 6,000 crore housing projectIn a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR."The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project, it added.The company has launched the first phase of its housing project, located at Golf Course Extension Road in Gurugram, comprising 832 units across six towers."We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realty CMD Vikas Oberoi had said on June 29 at a press conference in Gurugram.The company launched the first phase at a basic selling price of Rs 35,000 per sq ft. The cost per apartment starts from Rs 18 crore."The total revenue potential of this project, including the two phases, is Rs 16,000 crore," Oberoi said.Also read: Amazon Data Services, L&T ink over 17-year lease for 4-acre land in Mumbai’s PowaiAsked about the investment, he said the project cost would be around Rs 6,000 crore for both phases.The company has delivered 51 real estate projects so far, comprising 17.3 million sq ft. More than 34 million sq ft is under construction.
1 month agoMumbai-based Oberoi Realty Ltd on Sunday said it has sold luxury homes worth Rs 8,109 crore in its newly launched project in Gurugram on strong consumer demand. The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore and a revenue potential of Rs 16,000 crore. In a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR." The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project, it added. The company has launched the first phase of its housing project, located at Golf Course Extension Road in Gurugram, comprising 832 units across six towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realt
1 month agoOberoi Realty has unveiled its inaugural ultra-luxury residential venture in Gurgaon with 'Three Sixty North,' a bold step into the NCR real estate market. Starting at Rs 20 crore for a generous 5,500 sq ft, these apartments draw inspiration from the developer's opulent Mumbai residences. This development underscores Gurgaon's ascent as a prime destination for wealthy buyers and NRIs desiring exquisite living spaces and lucrative investments.
2 months agoThe project, “ Three Sixty North,” will be spread across 14.8 acres in Gurugram’s sector 58.
2 months agoMumbai: Oberoi Realty Limited on Monday announced the launch of Three Sixty North, an ultra-luxury residential project in Gurugram, with prices for residences starting from Rs 18 crore plus applicable taxes.Project DetailsThe development is spread across 14.8 acres in Sector 58 on Golf Course Extension Road, Gurugram. It will feature seven residential towers, landscape gardens, a clubhouse and amenities.Phase 1 will offer residences including 3 BHK + Studio, 4 BHK + Studio, Duplex, and Penthouse configurations. These homes will range from approximately 5,500 sq. ft. to over 13,000 sq. ft. in saleable area.Omaxe Enters Hospitality Segment, Plans ₹6,200 Crore Investment Across 19 HotelsEntry into NCR MarketVikas Oberoi, Chairman and Managing Director, Oberoi Realty, said the company's entry into the National Capital Region (NCR) market marks an important milestone in its growth journey. He stated this reflects the company's long-term vision to build distinctive developments in leading Indian markets.Oberoi noted that the company has a track record of creating landmark addresses in Mumbai. He said the Gurugram project brings this philosophy through design-led development.Oberoi Realty Q4 Profit Jumps 62% To ₹703 Crore, Revenue Climbs Past ₹1,749 CroreAmenities and LifestyleThe project includes Club Three Sixty North, offering spaces for wellness, fitness, recreation, and social engagement. A boulevard with curated retail, cafés, and landscaped plazas is also part of the development.The company expects Three Sixty North to appeal to entrepreneurs, business leaders, global Indians, and homebuyers seeking an exclusive address in Gurugram.Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.
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