Oberoi Realty Limited is a Mumbai-focused, exchange-listed real estate company that has operated under its current name since October 2009 and has been active in the city's western suburbs since the early 1980s. In 2010 the company listed on the Bombay Stock Exchange and the National Stock Exchange, giving it a public-market accountability that few developers in its category carry. In over four decades of operation, Oberoi Realty has completed 51 projects, spanning the western suburbs — Borivali, Goregaon, Andheri — and the eastern suburbs including Mulund, with Thane as an upcoming geography.
The developer's track record is anchored in large, integrated developments rather than standalone towers. Its flagship, Oberoi Garden City in Goregaon East, spans approximately 83 acres and combines retail, office space, and premium residences in one location, adjacent to the Western Express Highway and about 5 kilometres from the international airport. This integrated-development model — retail, hospitality, office, and housing on a single land parcel — is precisely what Oberoi Realty has transplanted, at even larger ambition, to Borivali East.
The Borivali East foothold was acquired deliberately and competitively. In March 2014, Oberoi Realty was declared the highest bidder at the auction of approximately 25 acres of land owned by Tata Steel Limited and located on the Western Express Highway in Borivali East. That single land transaction became the foundation for what is now Oberoi Sky City — one of the largest single-developer residential footprints in Mumbai's north-western corridor.
In October 2015, Oberoi Realty announced the launch of its residential project Sky City at Borivali, spread across 25 acres and comprising multiple towers of up to 60 storeys each. The project has been developed in phased tranches. During FY 2022–23, the company launched Tower G in Sky City at Borivali East. In FY 2024–25, Oberoi undertook a soft launch of Sky City Mall in Borivali, signalling the project's gradual transition from a residential complex into a self-contained urban district.
Sky City comprises 8 majestic towers soaring G+61 storeys, addressed at Western Urban Road, Khande Rao Dongari, Borivali East, Mumbai — 400066. Configurations available are 3 BHK, 3 BHK with Studio, and Duplex. Carpet areas for Towers A through E start at 1,054 sq ft, priced from ₹4.32 crore onwards.
The finish specification is consistent with Oberoi Realty's broader residential standard. Every home is appointed with imported marble flooring across the living, dining, kitchen, and bedroom areas, while bathrooms feature vitrified and ceramic tile work, and kitchens come with sleek countertops and stainless steel sinks. From laminated flush doors to premium branded switches, concealed plumbing, and C.P. fittings, each element is carefully selected; select homes also offer split ACs, modular kitchens, wardrobes, and video door phones.
Beyond the residences, the development is planned as a mixed-use node. The development is thoughtfully planned with an upcoming Mumbai Marriott Hotel Sky City, Sky City Mall, and seamless connectivity to the Metro Station. Residents can also expect scenic views of Sanjay Gandhi National Park and the expansive city skyline.
Sky City's MahaRERA registration numbers are P51800003582, P51800018404, P51800028419, and P51800047575. All registrations are verifiable at maharera.maharashtra.gov.in.
The Western Express Highway address at Khande Rao Dongari is not incidental — it is central to why Oberoi chose this parcel. The project has excellent connectivity, with Borivali Railway Station just 0.7 km away, Devipada Metro Station in proximity, and CSM International Airport accessible via the Western Express Highway. Growel's 101 Mall is also nearby, providing immediate social infrastructure.
The metro layer has structurally changed how Borivali East is perceived. Mumbai Metro Line 7, the Red Line, connects Dahisar East to Gundavali and passes through Borivali, Kandivali, Malad, Goregaon, and Andheri East. The operationalisation of Metro Lines 2A and 7 has reduced travel duration between these suburban locations and commercial districts such as Andheri, BKC, and Lower Parel, bringing commute times down from around 90 minutes to approximately 30–40 minutes. For a Sky City buyer commuting to BKC or Andheri, the practical impact of metro proximity on daily life is measurable.
Borivali has experienced a major perception shift over the last few years — earlier viewed as a comparatively distant suburb, it is now recognised as a highly connected residential destination with strong infrastructure support. That shift is what underpins Oberoi's township strategy here: Borivali East in 2025 is a different market from the one that existed when the Tata Steel land parcel was acquired in 2014.
Oberoi Sky City commands a meaningful premium over the surrounding micro-market, which is consistent with the developer's positioning across all its projects. Sky City Tower E carries a median asking price of approximately ₹44,500 per sq ft, compared with the Borivali East average of roughly ₹34,800 per sq ft. That gap reflects not just brand equity but the project's scale, specification, and the embedded value of the forthcoming mall and hotel components within the same 25-acre precinct.
At the suburb level, market analysis indicates that Borivali, Kandivali, and Dahisar have experienced price appreciation ranging from 19% to 22% since 2022, driven by metro operationalisation. Property prices in Borivali have seen dynamic growth in recent years, driven by genuine end-user demand rather than short-term speculation. Within that context, a project at the scale and specification of Sky City — the only Oberoi Realty asset in this micro-market — sits at the top of the Borivali East pricing ladder.
One element that distinguishes Borivali East from comparable western-suburb micro-markets is its immediate adjacency to Sanjay Gandhi National Park. This proximity gives residents something rare in a metropolitan city like Mumbai — direct access to nature within city limits. The suburb is home to the sprawling Sanjay Gandhi National Park and the Kanheri Caves, both visible from upper floors of Sky City's taller towers. Oberoi's site selection — facing the Western Express Highway on one axis and the national park on another — means that the project's upper-floor vistas are not just a marketing claim but a geographical fact baked into the plot's location.
For a buyer assessing Oberoi Realty's credibility in Borivali East, the developer's track record in analogous large-format projects is the most relevant reference point. Oberoi Garden City, the flagship project, was developed in Goregaon East on an 80-acre land parcel — a township that now includes The Westin Mumbai Garden City hotel, Oberoi Mall, Commerz and Commerz II office buildings, and Oberoi International School. Sky City is being built to a similar master-planning logic on 25 acres in Borivali East.
The company is focused on premium developments spanning residential, office space, retail, hospitality, and social infrastructure projects. That multi-asset focus means that at Sky City, the announced Marriott hotel and the Sky City Mall are not aspirational additions — they follow a delivery pattern the company has already executed at Goregaon. Oberoi Realty has completed 51 projects across Mumbai's skyline spanning residential, commercial, retail, hospitality, and social infrastructure.
The company has been certified as a Great Place to Work, recognised among India's Top 25 Safest Workplaces at the Kelp PoSH Awards 2024, and named among Fortune India's Top 50 Future-Ready Employers of 2025 — institutional markers that speak to organisational stability, relevant for buyers assessing a developer managing a multi-year construction and handover cycle.