OBEROI BENGALURU PROJECT — New Project Coming Up in Bangalore

Oberoi Realty's Entry Into Bengaluru

Oberoi Realty has stated near-to-medium-term ambitions to expand into Pune and Bengaluru as additional markets beyond its established presence in Mumbai and Gurugram. Bengaluru's luxury residential market remains one of India's most resilient, driven by IT sector wealth and NRI investment, positioning the city as a natural next step for the developer.

Developer's Track Record

Oberoi Realty has delivered 49 completed projects across Mumbai, aggregating well over 35 million square feet of built space, and carries an ongoing pipeline of approximately 30 million square feet across seven active execution-phase projects. Across Mumbai projects, Oberoi has a strong reputation for construction quality and specification finishing.

The company traces its operating roots to the early 1980s in Mumbai, with formal incorporation in 1998, and is led by Chairman and Managing Director Vikas Oberoi, a Harvard Business School alumnus whose direct involvement spans every project from conception through completion.

Expansion Beyond Mumbai

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, and active project development is also under way in Thane's Kolshet corridor. Oberoi projects are known for architect-driven design, large carpet-to-SBU ratios, and high open-space percentages.

Oberoi is anticipated to establish a strong presence in these new markets, achieving over 40 to 50 per cent bookings within the year of launch.