Pedder Road Project Now Marketed as Oberoi Aurelius Pedder Road
Published
A new name for the Peddar Road redevelopment
The South Mumbai project previously listed as OBEROI PEDDAR ROAD is now named OBEROI AURELIUS PEDDER ROAD. Oberoi Realty Limited now markets the development under the new name across its channels.
The change concerns the name only. The development remains the same, it stays at its location on Peddar Road, and it continues on the same page of this website.
Project summary and key details
The project is a residential redevelopment on Peddar Road in South Mumbai. It covers a plot of approximately 4,800 square metres formed by merging two adjacent housing societies, and the development agreement for the land was signed on 30 March 2026. The official project name is Aurelius at Pedder Road.
The scheme is planned as a single tower offering 3 BHK and 4 BHK apartments. Up to 1.40 lakh square feet of RERA carpet area is earmarked for free sale under the DCPR 2034 regulations. Pricing is available on request. For context, listings on Peddar Road average about Rs 68,000 per square foot in carpet-area terms, according to 99acres.
The project is at the pre-launch stage. During the Q2 FY27 earnings call, Vikas Oberoi, Chairman and Managing Director, listed Aurelius at Pedder Road among the company's second-half launches. Management's target window is October 2026 to March 2027.
The location
The site lies along M.L. Dahanukar Marg and Dr. G. Deshmukh Marg in the Cumballa Hill and Peddar Road area of South Mumbai. The road is the primary connector for the locality and ends at the Kemp's Corner flyover. Transport access includes:
- Grant Road station on the Aqua Line (Metro Line 3), about 1 km away, and Jagannath Shankar Sheth Metro about 1.3 km away
- Mumbai Central, Mahalaxmi and Grant Road stations on the Western Railway line, about 3 km away
- Access to the Coastal Road, which runs from Marine Lines in the south to Kandivali in the north
- Chhatrapati Shivaji Maharaj International Airport, approximately 20 to 25 km away
Jaslok Hospital is located next to the Peddar Road stretch, and the neighbourhood is served by schools including Activity High School and Hill Spring International School. Upcoming infrastructure includes the 33.5 km fully underground Metro Line 3 with 27 stations, the 29.2 km Mumbai Coastal Road, whose first phase is already operational, and a planned 4.2 km Peddar Road flyover by MSRDC.
About the developer
Oberoi Realty Limited was founded in 1998 and has delivered 49 projects across Mumbai over four decades. The company is listed on the BSE and NSE and has built well over 35 million square feet of space. Its active pipeline is about 30 million square feet across seven projects. Beyond Mumbai and Thane, the company entered Gurugram in 2026 with its first NCR project, Three Sixty North. It signed a comparable South Mumbai redevelopment agreement for a parcel on Nepean Sea Road in November 2025.
What the new name means for buyers
The project continues as the same South Mumbai redevelopment, at the same location and on the same page of the developer's website. Interested readers can follow the launch and updates at OBEROI AURELIUS PEDDER ROAD, where the project information is now presented under the revised name.