Oberoi Realty Track Record: Delivered Projects, Finances and What It Means for Gurugram Buyers
Oberoi Realty Track Record: Delivered Projects, Finances and What It Means for Gurugram Buyers
Oberoi Realty is a Mumbai real estate developer led by chairman and managing director Vikas Oberoi, listed on the BSE and NSE since October 2010. Its Oberoi Realty track record includes large Mumbai projects such as Three Sixty West in Worli and the Oberoi Garden City township in Goregaon. The company holds a CARE AA+ (Stable) rating on its long-term debt, reported a consolidated net profit of ₹2,507 crore for FY26, and entered the National Capital Region in June 2026 with Three Sixty North in Sector 58, Gurugram.
Oberoi Realty in 4 Numbers
- About 160 lakh sq.ft. of carpet area developed as of March 2025
- About 62 lakh sq.ft. under implementation at the same date
- 40+ years of promoter experience in Mumbai real estate
- 0.16 debt-to-equity ratio at the end of FY26
Oberoi Realty Completed Projects in Mumbai
The strongest proof of delivery is what already stands. Among Vikas Oberoi projects, these Oberoi Realty Mumbai projects are complete or have occupancy certificates:
- Three Sixty West, Worli: 2 towers of 260 metres and 255.6 metres, with 66 and 52 floors, designed by Kohn Pedersen Fox and completed on 29 May 2023; The Ritz-Carlton Mumbai operates in the development.
- Sky City, Borivali East: Occupancy certificate received for Towers A to E.
- Eternia and Enigma, Mulund West: About 9 acres each, with occupancy certificates obtained.
- Oberoi Garden City, Goregaon East: A mixed-use township with homes, Commerz offices, Oberoi Mall and The Westin Mumbai Garden City.
Three Sixty West matters most for a luxury buyer. Construction began in June 2011, so it took about 12 years to complete 2 supertall towers.
Oberoi Realty Ongoing Projects and Pipeline
The current pipeline of Oberoi Realty projects shows how large the company now builds, which is useful context for anyone looking at Oberoi builder Gurgaon launches:
- Sky City, Borivali East: About 25 acres and roughly 4.5 million sq.ft. of carpet area, with Tower H launched in FY26.
- Elysian, Oberoi Garden City: Tower D launched in FY26.
- Forestville, Kolshet, Thane: About 18 acres and roughly 1.8 million sq.ft. of carpet area.
- Jardin, Pokhran Road 2, Thane: About 75 acres.
The company added close to 4 million sq.ft. of development potential in FY26. As of June 2025, it had 9 projects under implementation across Mumbai and Thane, with about 54 percent of their total project cost already spent.
Oberoi Realty Financials and Delivery Risk
A developer's balance sheet decides whether towers keep rising when sales slow. In FY26, Oberoi Realty reported ₹6,009 crore in operating revenue and ₹5,447 crore in pre-sales, selling about 11.48 lakh sq.ft. of RERA carpet area across 698 homes. That works out to an average of about ₹7.8 crore per home, which shows the company already sells mostly at the upper end. Unit sales were lower than the 929 homes sold in FY25, but the January to March 2026 quarter recovered sharply, with bookings of ₹1,673 crore against ₹853 crore a year earlier.
The company's free cash and equivalents stood at about ₹2,950 crore in 2025, and its interest coverage for FY25 was 11.6 times. Operating margin in FY25 was 60 percent. For a buyer, low borrowing and steady cash flow reduce the chance that construction stalls for want of funds.
Oberoi Realty Offices, Malls and Hotels
Oberoi Realty also builds and manages income-generating assets, showing how it runs properties after handover. Recent occupancy levels:
- Oberoi Mall, Goregaon: 99.08 percent
- Commerz, Goregaon: 95.95 percent
- Commerz III, Goregaon: 88.81 percent
- The Westin Mumbai Garden City: 76.79 percent
- Sky City Mall, Borivali: About 12.07 lakh sq.ft. of leasable area
Commerz, Commerz II, Commerz III, Oberoi Mall, Three Sixty West and the Sky City residential towers are LEED certified. Running malls, offices, and hotels at these levels requires a long-term operating team, the same capability a gated community's clubhouse and retail boulevard depend on.
How to Check a Builder's Track Record Before Booking?
The same checks work for Oberoi Realty or any other developer, and each takes less than an hour:
- Visit 1 completed project and ask residents how long handover took after the promised date.
- Search the developer on the state RERA portal and compare declared completion dates with actual occupancy certificate dates.
- Read the quarterly progress report filed on RERA for your project, which lists work done tower by tower.
- Check the developer's latest results for borrowing levels and cash, since construction depends on both.
- Ask for the names of the main contractor and architect, and look at their finished work.
Oberoi Realty Review for Gurugram Buyers
The Oberoi Realty track record has one clear limit. Almost every delivered Oberoi project is in the Mumbai region, and the company's rating agency lists geographic concentration and the risk of entering new markets such as NCR among its weaknesses. Gurugram buyers are therefore relying on a Mumbai delivery history, a strong balance sheet and the company's first NCR execution, not on finished homes in the city.
That makes site progress the number to watch. Owners and buyers of Oberoi Three Sixty North Gurgaon can track construction milestones and RERA quarterly updates for the project and judge Oberoi Realty's NCR delivery record as it builds.
For the price sheet, floor plans and updates on the next release of Oberoi Three Sixty North, register your interest on oberoi.digital or call or WhatsApp +91 87962 55735.
Frequently Asked Questions
When did Oberoi Realty list on the stock exchanges?
Oberoi Realty listed on the BSE and NSE on 20 October 2010. Its initial public offering ran from 6 to 8 October 2010 at ₹260 per share and raised about ₹1,029 crores, all through fresh shares. Listing means the company publishes audited results, investor presentations and earnings call transcripts that you can read every quarter.
Who owns Oberoi Realty?
The promoter group led by Vikas Oberoi held 67.70 percent of Oberoi Realty as of 30 June 2025, with the rest held by public shareholders, including institutional investors. A high promoter stake ties the founding family closely to the company's reputation, which matters when you buy a home a year before possession.
How much of its launched inventory has Oberoi Realty sold?
About 67 percent of the area in Oberoi Realty's launched projects had been sold by 30 June 2025, and about 97 percent of that sold area was already registered. A high registration share shows buyers completing their agreements rather than holding loose bookings, which signals real demand and steadier construction funding for ongoing projects.
What were Oberoi Realty's latest quarterly results?
For the July to September 2026 quarter, Oberoi Realty reported consolidated net profit of ₹761 crores, flat year on year, while revenue fell 6 percent. Quarterly revenue in real estate moves with project completions and possession timing, so you should read it together with bookings and construction progress before drawing conclusions.
Which cities is Oberoi Realty expanding into?
Oberoi Realty is expanding beyond its Mumbai base into Thane, Pune, the National Capital Region and Bengaluru. Gurugram is the first of these new markets to launch a project. If you are buying in a new city, check whether the developer has a local team, a show apartment and visible site progress before you commit.
Is Oberoi Realty raising new funds?
Yes. In May 2026, Oberoi Realty's board approved raising up to ₹6,000 crores through equity shares or other securities, in one or more tranches, including a qualified institutions placement. The fresh equity funds land purchases and new launches without heavy borrowing, helping a developer keep construction moving across several projects at once.
How many people work at Oberoi Realty?
Oberoi Realty had 1,322 permanent employees on its rolls at the end of FY26, covering development, construction management, sales, leasing and hospitality. You can ask any developer how its site team is staffed for your project, because in-house supervision of contractors usually shows up in finish quality and handover timelines.
Dates Behind This Profile
Figures in this profile reflect company disclosures, rating reports and results available up to October 2026. Numbers are updated each quarter as Oberoi Realty publishes new results. This article is for information only and is not an offer to sell.
