Company Research Report: Oberoi Realty Limited
Company Overview
- Name: Oberoi Realty Limited
- Mission of the Company: To create spaces that enhance the quality of life.
- Founded: No information is available.
- Founders: No information is available.
- Key People:
- Vikas Oberoi, Chairman & Managing Director
- Bindu Oberoi, Non-independent, Non-executive Director
- Saumil Daru, Director Finance
- Karamjit Singh Kalsi (Sonny Kalsi), Independent Director
- Tina Trikha, Independent Director
- Anil Harish, Independent Director
- Prafulla Chhajed, Independent Director
- Headquarters: Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (East), Mumbai, India- 400 063
- Employees: No information is available.
- Revenue: Commerz and Commerz II reported ₹151 crore in FY24, Commerz III reported ₹65.8 crore in Q1 of FY25.
- Known For: Oberoi Realty is known for creating luxury residential apartments, Grade-A office spaces, retail destinations, hospitality services and social infrastructure that are designed to enhance the quality of life.
Products
Residential Projects
- Oberoi Garden City:
- Location: Goregaon East, Mumbai
- Description: Integrated residential community offering luxury living with modern community lifestyle.
- Key Features: Garden spaces, proximity to Aarey Greens, access to premium amenities, international school, mall, and offices within the locality.
- Sky City:
- Location: Borivali East, Mumbai
- Description: Integrated development featuring expansive living spaces with world-class amenities.
- Key Features: Seamless connectivity, luxury hotel and mall access, scenic views of Sanjay Gandhi National Park.
- Oberoi Garden City Thane:
- Location: Pokhran Road II, Thane West
- Description: Offers spacious residences in a nature-integrated environment with a focus on luxury and wellness.
- Key Features: Over 30 state-of-the-art amenities, 5-star deluxe hotel, international school.
Commercial Projects
- Commerz, Commerz II, Commerz III:
- Location: Goregaon East, Mumbai
- Description: Premium office spaces located within Oberoi Garden City to cater to business needs.
- Key Features: Modern technological facilities, best-in-class infrastructure, high demand from quality business occupiers.
Recent Developments
- Commercial Expansion: Oberoi Realty is expanding its commercial portfolio, currently at around 5 million sq ft. The demand for Grade-A office spaces is driving this growth.
- Commerz III Leasing: A unit of Morgan Stanley leased approximately 1 million sq ft at Commerz III, reinforcing the property’s appeal.
- Sustainability Efforts: The company has incorporated sustainability and environmental considerations deeply within their operations. Newly integrated technologies enhance the sustainability index of their commercial properties.
Additional Information
- Integrating Nature: Oberoi Realty emphasizes connecting urban spaces with nature and providing spaces that are environmentally sustainable.
- Awards and Recognition: Oberoi Realty has won numerous accolades for architectural excellence, environmental consciousness, and customer satisfaction.
- Social Infrastructure: They integrate superior educational and lifestyle facilities like international schools and wellness centers to promote holistic living.
Conclusion
Oberoi Realty Limited is a prominent real estate developer in India with a focus on luxury residential spaces, state-of-the-art commercial spaces, and integrated community living. They are known for their design philosophy that blends aesthetics with functionality, environmental sustainability, and customer-centric services.