Oberoi Realty Launches 'Three Sixty North' — Its First-Ever NCR Project — in Gurugram's Sector 58
Oberoi Realty's First Step Beyond Mumbai: Three Sixty North Launches in Gurugram
Mumbai-based Oberoi Realty announced its foray into the Delhi-NCR market on Monday with the launch of its first luxury housing project, backed by a total investment of ₹6,000 crore. The first phase of Three Sixty North, located at Golf Course Extension Road in Sector 58, comprises 832 units across 6 towers.
The move marks a significant shift for a developer that has shaped Mumbai's skyline for four decades almost exclusively within the Metropolitan Region. Since its establishment in the early 1980s by Ranvir Oberoi and now led by Vikas Oberoi, Oberoi Realty has transformed into a beacon of real estate development in Mumbai. The company has completed 50 projects across Mumbai, covering 161 lakh sq ft of developed area. Three Sixty North changes that geography entirely.
The Land and Scale
The development spans 14.8 acres in Sector 58 on Golf Course Extension Road and will feature seven residential towers, landscape gardens, a clubhouse and amenities. In November 2023, Oberoi Realty acquired the land parcel for ₹597 crore. The company launched the first phase at a basic selling price of ₹35,000 per sq ft.
In the first phase, about 832 apartments are being built with an investment of ₹4,000 crore, launched at ₹35,000 per square feet excluding GST, with bare shell apartment prices starting from ₹19 crore and reaching ₹60 crore depending on area. The stated entry price aligns with the ₹18 crore figure, representing the base configuration before applicable taxes.
Design and Inspiration
The project is modeled on Oberoi's flagship Three Sixty West in Worli, Mumbai — one of India's most premium addresses at ₹1.5 lakh per sq ft. Phase 1 offers residences including 3 BHK + Studio, 4 BHK + Studio, Duplex, and Penthouse configurations, ranging from approximately 5,500 sq ft to over 13,000 sq ft in saleable area.
The layout features one apartment per floor with a private lift lobby and zero shared corridors. The 4 BHK + Staff unit spans 5,500 sq ft with a living-dining area of 1,430 sq ft — more than four times the NCR luxury average.
Integration and Amenities
The Grand Hyatt Gurgaon is not positioned near Three Sixty North, but rather within the same approximately 30-acre integrated precinct. Grand Hyatt Gurgaon is within the same integrated precinct as Three Sixty North with walking access to the hotel's lobby, dining, spa, and services. The integration is contractually planned within the master plan.
The project includes Club Three Sixty North, offering spaces for wellness, fitness, recreation, and social engagement, alongside a boulevard with curated retail, cafés, and landscaped plazas.
Location and Connectivity
Golf Course Extension Road is a prominent thoroughfare in Gurugram known for upscale residential and commercial developments. The road stretches from Sector 55-56 to Sector 65-66, connecting with Sohna Road and Golf Course Road, with proximity to various golf courses, such as the DLF Golf and Country Club.
The location is approximately 2.5 km from Sector 55-56 Rapid Metro Station with good connectivity by road to major micro-markets, with a 5-star hotel, hospitals and malls within a radius of 2-5 km. The area offers strategic location and excellent connectivity to other parts of Gurugram and Delhi, along with easy access to Indira Gandhi International Airport.
Developer's Strategic Shift
Oberoi Realty CMD Vikas Oberoi stated: "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market." Oberoi said the company is looking for more land parcels in Gurgaon: "We see potential. We love the market. We want our Gurgaon business to be as big as Mumbai."
The project is RERA approved and registered with the Haryana Real Estate Regulatory Authority, giving HNIs, investors, and NRIs a regulated foundation. L&T (Larsen & Toubro) has been confirmed as the construction partner, with L&T's April 2026 order to build seven Oberoi Realty towers representing the single most credible pre-construction signal NCR luxury has seen.
Market Timing and Vision
Vikas Oberoi stated: "The total revenue potential for the entire project is ₹16,000 crore at the prices we have launched." The developer's confidence reflects both its track record and the appetite for ultra-luxury residential space in the National Capital Region—a market Oberoi Realty had observed for years before committing capital at this scale.
Three Sixty North represents a calculated expansion, not a diversification. For a developer built on continuity and premium positioning, the NCR entry signals confidence in the market and in Oberoi's ability to transplant its Mumbai brand—with its decades of experience, delivery record, and architectural discipline—into a new, rapidly evolving corridor.