Oberoi Realty sells flats worth Rs 1,348 cr in 3 days of Maha project launch

29 Oct 2024 CW Team

Oberoi Realty has achieved impressive sales of luxury homes totaling Rs 1,348 crore in just three days following the launch of its new 75-acre residential project in Thane, part of the Mumbai Metropolitan Region.

Launched on October 18, the project, named 'Oberoi Garden City Thane,' will be developed and marketed in phases.

The company reported a gross booking value of approximately Rs 1,348 crore for 5.65 lakh sq ft of carpet area within the initial three days, according to a regulatory filing.

The sprawling project will feature over 30 world-class amenities, a 5-star deluxe JW Marriott Hotel Thane Garden City, and an Oberoi International School.

The first phase includes five residential towers, with bookings for two towers opening on October 18, 2024.

"We are thrilled by the tremendous response to the launch of our latest project at Oberoi Garden City Thane. The trust and confidence our customers have shown in our brand and product deeply humbles and encourages us. This project epitomizes our vision of delivering a holistic, luxurious living experience and we believe it will set a new benchmark for luxury in Thane," said Vikas Oberoi, Chairman and Managing Director of Oberoi Realty.

Oberoi Realty is one of India's leading real estate developers, having completed 49 projects in the Mumbai Metropolitan Region.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..