Oberoi Realty Limited has spent nearly four decades building almost exclusively within the Mumbai Metropolitan Region. Founded in 1980 and led by Chairman and Managing Director Vikas Oberoi, Oberoi Realty has emerged as one of India's most trusted listed real estate developers. Rather than pursuing rapid expansion across multiple cities, the company concentrated on creating landmark developments throughout Mumbai, earning a reputation for exceptional construction quality, thoughtful master planning and timely project delivery. That discipline is precisely what makes its move into Sector 58, Gurgaon, notable: a land acquisition of 14.81 acres in Sector 58, Gurugram, in November 2023 for Rs. 597 crore marks a deliberate step into the National Capital Region.
The resulting project, Three Sixty North, is the company's first residential development outside the Mumbai Metropolitan Region, signalling a bold expansion into one of India's fastest-growing luxury housing markets. Within this master plan, the developer follows a structured rollout rather than a single monolithic launch: Three Sixty North is developed in phases, and each phase will be registered with the Haryana Real Estate Regulatory Authority as a separate real estate project. Phase 2 of Three Sixty North in Sector 58 sits within this same 14.81-acre parcel on Golf Course Extension Road, carrying forward the design language and positioning established for the address.
Three Sixty North is positioned as the Gurugram counterpart to Oberoi Realty's most recognised Mumbai address. Inspired by the success of the iconic 360 West development in Mumbai, this landmark project brings the developer's signature vision of luxury, exclusivity, and sophistication to Golf Course Extension Road. Reported plans for the development describe seven towers (A to G), a high-street shopping stretch called The Boulevard, a large clubhouse, green open spaces and a school, all in one gated address, with a low-density approach: each floor has just one home, with its own private lift lobby, for full privacy. Configurations reported for the project span 4 BHK and 5 BHK residences with servant room and utility of 5,600 sq.ft in Towers A, B and C, and 5 BHK with servant room and utility of 8,500 sq.ft in Towers E, F and G.
The design brief draws directly from the parent development in Worli. Inspired by Oberoi Realty's iconic Three Sixty West in Mumbai, the project combines sophisticated architecture, premium specifications, lush landscapes, and international design standards. On the ground, this translates into the amenity scale typical of an Oberoi flagship — landscaped greens, a large clubhouse, and retail integrated into the residential precinct — applied for the first time to a Delhi-NCR address.
Sector 58 was not a random selection. The sector sits at a junction point on the Gurugram road network that connects the city's older luxury corridor with its newer growth belt. Golf Course Extension Road functions as the spine connecting Golf Course Road (Gurgaon's original luxury corridor) with Sohna Road and the Southern Peripheral Road. For daily commutes, Cyber City, Udyog Vihar, Golf Course Road, and Sohna Road can be reached through NH48, SPR, and Dwarka Expressway, while the Rapid Metro station at Sector 55-56 serves the locale, while the proposed metro extension from Sector 56 to Vatika Chowk will further improve travel. Airport access is a further draw for a buyer profile that includes frequent domestic and international travellers, with Indira Gandhi International Airport approximately a 30 to 40-minute drive.
Pricing on the corridor reflects the calibre of new supply entering it. Property rates currently trade between Rs.21,000 and Rs.45,000 per sq.ft., depending on the project and configuration. Within that band, resale anchors such as Ireo The Grand Arch, the sector's largest occupied society with 1,061 units across 20 acres, anchors the resale market at Rs.3 Cr to Rs.7.4 Cr, establishing the existing benchmark that a new ultra-luxury entrant from Oberoi Realty is positioned above. Infrastructure spending continues to reinforce the corridor's trajectory, including a ₹755cr SPR elevated corridor from Vatika Chowk to NH48 that has moved into execution.
Buyers evaluating Oberoi Realty in Sector 58 are, in effect, evaluating a track record built almost entirely in Mumbai's western and eastern suburbs. In 2005, Oberoi Realty launched its first project, the Oberoi Garden City, significantly reshaping the residential landscape of Mumbai, comprising luxury apartments strategically located in Goregaon. The current residential portfolio in Mumbai spans Sky City in Borivali, Elysian in Oberoi Garden City Goregaon, Eternia and Enigma in Mulund, Forestville in Kolshet, Thane, Oberoi Garden City Thane in Pokhran, Thane and Three Sixty West in Worli — the last of these being the direct design reference for the Gurugram project. On the commercial side, Commerz II carries a LEED Platinum Certification from USGBC and is today the destination of choice for top Indian and international conglomerates. Across categories, in over four decades of function, Oberoi Realty has completed 51 projects concentrated within Mumbai's suburbs.
Leadership continuity has been a factor in that consistency. Vikas Oberoi founded Oberoi Realty in 1998 and has led its growth into a publicly listed entity with a market capitalization exceeding $8 billion as of 2024. The Sector 58 project represents his company's first test of that Mumbai-honed model in a market with a different buyer base, a different regulatory authority, and a different competitive set of luxury developers already active on Golf Course Extension Road.
Sector 58 has moved from a peripheral Golf Course Extension Road address to one of Gurugram's more closely watched luxury micro-markets, a shift that coincides with, rather than predates, Oberoi Realty's entry. Sector 58 is now drawing stronger interest from high-net-worth families looking for newer branded inventory without moving too far away from Gurgaon's business ecosystem. For a buyer weighing a Phase 2 residence at Three Sixty North, the proposition rests on two combined factors: a corridor with established connectivity and appreciation history, and a developer whose Mumbai body of work — from Goregaon to Worli — is the reference point for what the Gurugram address is designed to replicate.