Oberoi Realty records Rs 8,109 crore gross bookings at Three Sixty North, Gurugram
The luxury residential project logged bookings for about 13.52 lakh sq ft of RERA carpet area, marking Oberoi Realty's first major entry into the NCR.
What Oberoi Realty announced
Oberoi Realty Ltd. filed a press release on 5 July 2026 stating that its flagship luxury project, Three Sixty North in Gurugram, has achieved gross bookings of approximately Rs 8,109 crore. The bookings cover 13.52 lakh sq ft of RERA‑certified carpet area, which translates to 23.10 lakh sq ft of saleable area. This marks the developer’s first major luxury residential venture in the National Capital Region (NCR) and underscores its intent to broaden its geographic footprint beyond Mumbai.
Project specifics
- Location & size: The development sits on about 14.8 acres along Golf Course Extension Road, Sector 58, Gurugram. The master‑planned enclave will eventually comprise seven residential towers, landscaped open spaces, a club named Club Three Sixty North, and a curated boulevard with retail outlets and cafés.
- Booking volume: Gross bookings of Rs 8,109 crore represent the total contract value signed by customers to date. The booked carpet area of 13.52 lakh sq ft is a substantial portion of the project's total planned saleable area.
- Design intent: Oberoi Realty positions the project as a new benchmark for luxury living in the NCR, emphasizing premium finishes, thoughtful design, and a comprehensive lifestyle experience.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Oberoi Realty Ltd. |
| BSE Scrip Code | 533273 |
| NSE Symbol | – |
| Announcement date | 5 July 2026 |
| Filing regulation | Regulation 30 (LODR) – Press Release |
| Project name | Three Sixty North, Gurugram |
| Gross bookings | ~Rs 8,109 crore |
| RERA carpet area booked | ~13.52 lakh sq ft |
| Saleable area booked | ~23.10 lakh sq ft |
| Land area | ~14.8 acres |
| Source | BSE filing, press release attached |
Why this matters for investors
The filing does not disclose any new financing, share issuance, or changes to the capital structure, so there is no immediate dilution risk. However, the magnitude of the bookings—over Rs 8,000 crore—provides visibility into future revenue streams once construction progresses and units are handed over. The project’s scale and premium positioning suggest higher average selling prices compared with the company’s traditional Mumbai‑centric portfolio, potentially enhancing margin profiles in the coming years.
From a strategic standpoint, the entry into the NCR diversifies Oberoi Realty’s geographic exposure. The NCR real‑estate market has shown robust demand for luxury housing, and the company’s statement that “trust, quality and disciplined execution transcend markets” indicates confidence in replicating its Mumbai success in a new region. Investors should monitor construction milestones, regulatory approvals, and actual cash‑flow realization as the project moves from booking to delivery phases.
"The overwhelming response to Three Sixty North reflects the strength of the development and also the trust that customers have placed in Oberoi Realty over the past four decades," – Vikas Oberoi, Chairman & MD.
Conclusion
Oberoi Realty’s press release confirms that its inaugural NCR luxury project, Three Sixty North, has secured gross bookings of roughly Rs 8,109 crore, covering more than 13 lakh sq ft of RERA‑certified carpet area. While the announcement does not trigger any immediate corporate actions, it provides a clear signal of future revenue potential and geographic diversification. The company now awaits construction progress and eventual hand‑over of units, events that will determine when the booked value translates into realized earnings.
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