On Monday, the Mumbai-headquartered company launched the first phase of the project comprising 832 units across six towers.
Oberoi Realty will invest around ₹6,000 crore in an ultra-luxury residential project in Gurugram in its maiden development in National Capital Region.The project, “ Three Sixty North,” will be spread across 14.8 acres in Gurugram’s sector 58. On Monday, the Mumbai-headquartered company launched the first phase of the project comprising 832 units across six towers. These will include 3-4 BHK apartments, duplexes and penthouses measuring 5500-13,000 square feet with price range of ₹18 crore and above.Oberoi Realty is known for developing high-end residential, commercial and hospitality projects in Mumbai. Over the years it has delivered 51 projects in Mumbai aggregating 17.2 million square feet.It is foraying in NCR at a time when overall market is seeing subdued growth. Premium housing category continues to do well and homes in ₹2-5 crore segment emerged as the most active segment in CY 2025, consultancy Knight Frank said. The trend continued in March-end quarter of 2026 as well. Luxury housing sales however softened in the first quarter especially those in price bracket of ₹50 crore and above, it added.Speaking to reporters, chairman Vikas Oberoi expressed optimism about the brand’s success in NCR. The total revenue potential of the project in two phases is around ₹16,000 crore, he said.Important milestone“Our entry into the NCR market marks an important milestone in Oberoi Realty’s growth journey and reflects our long-term vision of building distinctive developments in India’s leading markets,” Oberoi said.“Over the last four decades, we have established a strong track record of creating landmark addresses in Mumbai, guided by a steadfast commitment to design excellence, quality and customer experience. We believe the project will resonate with discerning homeowners seeking expansive residences, privacy and a truly elevated living experience,” he added.Published on June 29, 2026
