OBEROIRLTY NSE filing

Oberoi Realty Launches Ultra-Luxury Project 'Three Sixty North' in Gurugram

The RealCase readMedium impact Positive

Oberoi Realty launched 'Three Sixty North', a 14.8-acre ultra-luxury project in Gurugram. Residences range from 5,500 to over 13,000 sq. ft., starting at ₹18 crore. This marks the company's expansion into the NCR market.

Why it matters

The launch of a new project, especially in a new geography, is significant for Oberoi Realty's growth trajectory and market presence. However, the immediate financial impact will depend on sales performance.

The market read

The launch of a new, ultra-luxury project in a key market like Gurugram is a positive development for the company, indicating growth and expansion.

Oberoi Realty Limited has announced the launch of its ultra-luxury development named 'Three Sixty North' in Gurugram. The project is spread across 14.8 acres and is located in Sector 58 on Golf Course Extension Road. This marks Oberoi Realty's entry into the National Capital Region (NCR) market, bringing its signature quality of design and excellence to North India.

The development is envisioned to comprise seven residential towers, landscape gardens, a clubhouse, and various amenities. Phase 1 will offer residences in configurations such as 3 BHK + Studio, 4 BHK + Studio, Duplex, and Penthouse, with saleable areas ranging from approximately 5,500 sq. ft. to over 13,000 sq. ft. Prices for these residences start from ₹18 crore plus applicable taxes.

Vikas Oberoi, Chairman and Managing Director, stated that this launch reflects the company's long-term vision for building distinctive developments in India's leading markets, carrying forward the philosophy that shaped 'Three Sixty West' in Mumbai. The project features 'Club Three Sixty North' for wellness and recreation, and 'The Boulevard', a high street with retail and café offerings.

Oberoi Realty is a Mumbai-headquartered real estate company known for premium developments in residential, office space, retail, hospitality, and social infrastructure verticals. The company has completed 51 projects in Mumbai.

Filing to action

What to do with a filing like this

Oberoi Realty Limited filed this with the NSE as a statutory disclosure, categorised under product launches. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Oberoi Realty Limited. Read the original for the full detail.

View original filing