Oberoi Realty Limited traces its corporate history to 1998, when it was incorporated as Kingston Properties Private Limited, before the current name Oberoi Realty was adopted on 22 October 2009. For most of its history the company built almost exclusively in Mumbai, starting with its flagship: Oberoi Garden City, developed in Goregaon East on an 80-acre land parcel acquired in February 2002. From that base, by 2005 the company had expanded into Andheri (West and East) and Mulund (West), and later into Worli, Borivali, and Thane. Oberoi Pune, located at Lohegaon, is part of a newer chapter in which the developer is carrying that Mumbai-honed approach to product design and land selection into other Indian cities for the first time in its history.
Oberoi Realty's Mumbai projects were built around one repeated pattern: large land parcels close to an airport, an established employment corridor, or a hospitality anchor, allowing the company to control master planning end to end. Lohegaon mirrors that logic in Pune. The locality has excellent access to the Pune International Airport, which is four kilometers away, and sits close to IT parks such as Commerzone IT Park, The Cerebrum IT Park B2, Pune IT Park, Lohia Jain IT Park, and Software Technology Park of India. Business hubs beyond the immediate neighbourhood are also within reach, with Mindspace Business Park and Panchshil Business Park located within 10 km of the area.
Road connectivity ties Lohegaon into the rest of Pune through strong road connections to Koregaon Park, Viman Nagar, Vishrantwadi, Dhanori, and Wagholi, while the Ramwadi (Aqua Line) and Kalyani Nagar Metro stations, along with the Pune-Ahmednagar Highway, improve connectivity across eastern Pune. For a developer whose entire Mumbai portfolio has been built on such multi-modal access, this is the kind of location that fits the company's site-selection criteria rather than a departure from it.
Lohegaon's link to the airport is not just about travel convenience. The Indian Air Force has earmarked 13 acres for transfer to the Airports Authority of India to support the expansion of Pune Airport (Lohegaon), strengthening long-term growth prospects. Civic infrastructure is also being upgraded in parallel, with the PMC approving a 20-lakh-litre overhead water tank at Lohegaon-Harantal to enhance water supply reliability across East Pune. Everyday retail and leisure needs are met locally as well, with malls including Phoenix Marketcity and Aeromall within reach of the neighbourhood.
Buyers evaluating Oberoi Pune are, in effect, evaluating the company's broader trajectory. Under Chairman and Managing Director Vikas Oberoi, who became involved in the family business in the early 1990s and eventually took over its leadership, expanding Oberoi Realty Limited significantly, the company has moved from a single-city luxury developer into a business testing new geographies. In October 2024, Oberoi Realty launched Oberoi Garden City in Thane, a 75-acre integrated township project that recorded gross bookings of approximately ₹1,348 crore within its first three days. The company then moved further afield: in 2025 it announced its first project outside Mumbai with a 14.81-acre land acquisition in Gurugram, Haryana, for ₹597 crore. That Gurugram project, Three Sixty North, has since gone to market, with the first phase launched at Golf Course Extension Road comprising 832 units across six towers and gross bookings of approximately ₹8,109 crore recorded on the project. Oberoi Pune sits alongside these moves as part of the same shift toward a multi-city footprint, applying a design and execution standard the company built over roughly four decades in Mumbai to new markets, Pune among them.
For homebuyers, the appeal of an Oberoi address in Pune rests on the same fundamentals that have defined the brand in Mumbai: master-planned layouts, in-house project execution rather than fragmented contracting, and amenity-led design rather than bare-shell delivery. In Lohegaon specifically, that translates into a residence positioned close to the airport and the eastern IT corridor, in a locality that is still in the earlier stages of its real estate cycle compared with more built-out eastern suburbs such as Kharadi or Viman Nagar. Current listed rates in Lohegaon range roughly between Rs 4,755 and Rs 9,500 per sq ft for builder floors and independent houses, giving a sense of the price band into which a newer, professionally planned development enters the local market.
Oberoi Pune should be read less as a standalone launch and more as a marker of how a Mumbai-centred developer is recalibrating its growth. The company spent its first two decades concentrating land and capital within Mumbai's western and eastern suburbs; its more recent moves into Thane, Gurugram, and now Pune's Lohegaon suggest a deliberate widening of that base while keeping the same emphasis on large parcels, connectivity-led sites, and airport or business-district proximity. For a buyer in Pune, that history is the practical reason to pay attention to this particular address in Lohegaon.