After shaping Mumbai's skyline, Oberoi Realty has entered the Delhi-NCR market with the launch of Three Sixty North, its first ultra-luxury residential project in the region, entailing a total investment of around ₹6,000 crore. Spread across 14.8 acres on Golf Course Extension Road in Sector 58, Gurugram, the development draws inspiration from the company's flagship Three Sixty West project in Mumbai.
The project cost would be around ₹6,000 crore for both phases. "The total revenue potential of this project, including the two phases, is ₹16,000 crore," Vikas Oberoi, chairman and managing director, Oberoi Realty, told reporters on June 29.
The total saleable area would be nearly 4.5 million sq ft. The company has launched the first phase at a basic selling price of ₹35,000 per sq ft.
The first phase comprises 432 residences across six towers, while the overall master plan will include seven towers. Homes, priced from ₹18 crore onwards (excluding taxes), will be offered in 3 BHK + Studio, 4 BHK + Studio, duplex and penthouse configurations, the company said.
“Drawing inspiration from Three Sixty West in Mumbai, Three Sixty North personifies Oberoi Realty’s vision for the future of ultra-luxury living. The project brings together refined architecture, design-led expansive homes, and lifestyle experiences,” the company said in a regulatory filing.
The master-planned development will span seven residential towers, landscaped gardens, a state-of-the-art clubhouse and premium amenities. Phase 1 will comprise 432 residences across six towers, while the seventh tower will be launched in Phase 2, the company said.
Project specifications
{{/usCountry}}The master-planned development will span seven residential towers, landscaped gardens, a state-of-the-art clubhouse and premium amenities. Phase 1 will comprise 432 residences across six towers, while the seventh tower will be launched in Phase 2, the company said.
Project specifications
{{/usCountry}}The first phase will offer 3 BHK + Studio, 4 BHK + Studio, duplex and penthouse residences, with saleable areas ranging from around 5,500 sq ft to over 13,000 sq ft. Prices start at ₹18 crore, excluding applicable taxes, the company said.
The size of the penthouse is 13,000 sq ft.
“Our entry into the NCR market marks an important milestone in Oberoi Realty's growth journey and reflects our long-term vision of building distinctive developments in India's leading markets. Over the last four decades, we have established a strong track record of creating landmark addresses in Mumbai, guided by a steadfast commitment to design excellence, quality and customer experience. With Three Sixty North, we are bringing this philosophy to Gurugram through design-led development inspired by the vision that shaped Three Sixty West,” Oberoi said.
“We believe the project will resonate with discerning homeowners seeking expansive residences, privacy and a truly elevated living experience,” he said.
The development comprises Club Three Sixty North, offering spaces for wellness, fitness, recreation and social engagement. This seamless living experience is extended further by the Boulevard, a vibrant high street with curated retail, cafés and landscaped plazas, creating a dynamic lifestyle destination that integrates convenience, leisure and lifestyle offerings within the development, the company said.
“Three Sixty North is expected to appeal to entrepreneurs, business leaders, global Indians and discerning homebuyers seeking an exclusive address in one of Gurugram's most sought-after neighbourhoods,” the company said.
Mumbai-based Oberoi Realty Ltd, one of the leading real estate developers in the country, is listed on stock exchanges. In the past four decades, the company has delivered 51 real estate projects, comprising 17.3 million sq ft area, in the Mumbai Metropolitan Region (MMR). More than 34 million sq ft area is under construction.
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