Oberoi Realty records bookings of over ₹8,000 crore in its Gurugram luxury project

Oberoi Realty has registered gross bookings of around ₹8,109 crore at Three Sixty North, its first luxury residential development in the National Capital Region (NCR).

The project has recorded bookings for around 13.52 lakh sq. ft. of RERA carpet area (23.10 lakh sq. ft. of saleable area), marking a significant milestone in Oberoi Realty’s expansion into North India, it said in a stock exchange filing.

Last Monday, the company launched the first phase of its luxury residential project in Gurugram’s Sector 58 comprising 832 units across six towers.

Oberoi Realty is investing ₹6,000 crore in the project that will include 3-4 BHK, duplexes and penthouses measuring 5500-13,000 square feet, with prices ranging from ₹18 crore and above.

The total revenue potential of the project in its two phases is around ₹16,000 crore, company Chairman Vikas Oberoi said.

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