Mumbai is a city teeming with upscale residential and commercial projects and new development works. Despite the furious rate of construction in the city and its suburbs, only a handful of developers and realty companies have successfully crafted a brand identity, and Oberoi Realty is one of these. In fact, the legacy of trust and reliability that this company has created resonates across the country, making it one of India's top developers. With nearly four decades of experience in building aesthetically appealing and functionally exquisite residential and commercial spaces, Oberoi Realty is now a publicly-traded company listed on the National Stock Exchange and the Bombay Stock Exchange.
Oberoi Realty's vision is "to create spaces that enhance the quality of life". With this core philosophy in mind, the company is dedicated to leveraging technology and innovation to create luxurious and elegant commercial and residential spaces. The company believes that by adhering to global benchmarks and best practices, it can deliver customers an enriching real estate buying experience and offer stakeholders a wonderful ecosystem as well. The company aims to enhance the quality of life for those engaging in Oberoi Realty careers, visiting Oberoi malls, living in Oberoi residences and working in the company's commercial spaces.
Apart from its spectacular portfolio of residential projects, Oberoi Realty has also developed some of the largest and best-known commercial spaces in and around Mumbai. The International Business Park in Goregaon is an imposing complex of premium office spaces and opulent residential towers. The Commerz commercial complex is one of the best-known commercial projects in town. Taking forward the company's focus on green practices and sustainable real estate, Oberoi Realty has now developed the COMMERZ II office building, which has been awarded the LEED Platinum accreditation, an international recognition for green buildings. The 5.52 lakh square feet Oberoi Mall in Goregaon is another premium project known for its aesthetics, design, and convenience.
The Oberoi Garden City is the company's flagship development project. The 80-acre integrated neighbourhood offers a unique lifestyle experience with elegant office spaces, premium educational facilities, luxury residences, and entertainment and retail destinations within a thriving ecosystem.
This integrated township is based on New Urbanism. This lifestyle embraces the choice to walk to work, banks, shops, schools, medical, and entertainment centres and provides world-class amenities and sporting and fitness facilities in your vicinity. The Oberoi Garden City aims at building a truly global community.
According to recent news reports, Oberoi Realty looks forward to a stellar year in 2024. Homebuyers can expect the launch of two mega projects in the Mumbai Metropolitan Region (Thane district). These projects are all set to bring more cheer to homebuyers looking for beautifully designed homes with a host of world-class amenities. Another major feather in the company's cap is a swanky new mall in Borivali, which will be constructed and launched by Diwali 2024. Oberoi Realty also plans to develop a large 60-acre project in Worli, one of Mumbai's poshest residential localities. Details about the type of development are yet to be revealed.
The popularity of the Oberoi Realty brand can be gauged by the fact that the company clocked sales worth INR 8572 crore in the fiscal year 2022-23. Having steadily featured as one of Mumbai's top real estate development companies, the Oberoi brand is all set for an invigorating future.
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