Oberoi Realty, India's leading real estate developer, has recorded gross bookings of approximately ₹8,109 crore at Three Sixty North, its first luxury residential development in the National Capital Region (NCR). The project has recorded bookings for approximately 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.
Spread across approximately 14.8 acres on Golf Course Extension Road, Sector 58, Gurugram, Three Sixty North is a luxury residential development that has been envisioned to set a new benchmark for luxury living in the NCR. The master-planned development will eventually comprise seven residential towers, landscaped open spaces, Club Three Sixty North and a curated boulevard with retail and cafés, bringing together thoughtfully designed residences and a comprehensive lifestyle experience.
Commenting on the response, Mr. Vikas Oberoi, Chairman and Managing Director, Oberoi Realty, said, "The overwhelming response to Three Sixty North reflects the strength of the development and also the trust that customers have placed in the Oberoi Realty over the past four decades. Three Sixty North is the culmination of our experience in creating landmark developments in Mumbai. Our entry into NCR marks an important milestone in Oberoi Realty's journey driven by philosophy rather than geography. As I have often said, growth is a by-product, we have to get the product right.
The response to Three Sixty North reinforces our belief that trust, quality and disciplined execution transcend markets. It gives us tremendous confidence as we continue to build thoughtfully, with a longterm perspective and an uncompromising commitment to excellence wherever we operate."
Shares of Oberoi Realty Limited was last trading in BSE at Rs. 1952.25 as compared to the previous close of Rs. 1930.25. The total number of shares traded during the day was 54407 in over 5338 trades.
The stock hit an intraday high of Rs. 1985.00 and intraday low of 1947.10. The net turnover during the day was Rs. 107044836.00.