Inside Oberoi Realty's Ambitious FY2027 Launch Calendar
There are years a developer merely builds, and there are years a developer declares intent. For Oberoi Realty, FY2027 belongs firmly to the latter category. During its Q4 FY2026 earnings call, the company laid out what can only be described as one of the most crowded launch calendars in its four-decade history — twelve projects spanning luxury residences, redevelopment towers, hospitality assets and commercial strata sales, stretching from the sea-facing lanes of Bandra to the golf courses of Gurugram.
At the heart of this pipeline sit three names that homebuyers and market watchers alike have been tracking closely: Oceanic on Carter Road, Fairview at Malabar Hill, and Three Sixty North in Gurugram. Speaking on the earnings call, management was candid about the scale of the year ahead. We are planning to launch Three Sixty North. We are planning to launch a small development on Carter Road, Oceanic. We've topped up this again, another small project at Malabar Hill, Fairview. Along with these, Forestville's Tower D was also slated for a Q1 rollout, with management noting that we will be launching Tower D of Forestville. These are all four launches in this first quarter itself.
Oceanic, the Carter Road project, sits in one of Bandra West's most coveted addresses. Oceanic on Carter Road spans 2,576 square meters on the prestigious Carter Road in Bandra West, positioned as a sea-facing luxury redevelopment. A short distance away in South Mumbai, Fairview brings Oberoi's redevelopment playbook to Malabar Hill. Fairview at Malabar Hill represents another flagship South Mumbai entry. The development is being executed under a cluster redevelopment scheme spanning approximately 1.62 acres of land, which enhances infrastructure and overall living standards in the area. Together, these two projects reflect a broader strategic theme — Oberoi Realty's focus on premium redevelopment in locations where direct land acquisition is structurally constrained.
The more headline-grabbing move, however, has been Oberoi's first step outside the Mumbai Metropolitan Region altogether. In late June 2026, the company formally entered the National Capital Region with Three Sixty North. Oberoi Realty has launched Three Sixty North, an ultra-luxury residential project in Gurugram's Sector 58. Spread across 14.8 acres, the development offers expansive homes with prices beginning at Rs 18 crore. The project sits on 14.8 acres on Golf Course Extension Road in Sector 58, a corridor long associated with Gurugram's luxury housing story. Design-wise, the project borrows heavily from Oberoi's Mumbai legacy: the development draws design inspiration from the group's flagship Three Sixty West project in Mumbai and aims to deliver expansive residences and curated lifestyle amenities.
The scale of the Gurugram bet is considerable. Total saleable area across the project will be nearly 4.5 million sq ft and the company has opened sales for phase one at a basic selling price of Rs 35,000 per sq ft. Phase one comprises 432 residences across six towers, while the overall master plan will include seven towers with the seventh to be launched in phase two. Homes will be offered in three BHK plus Studio, four BHK plus Studio, duplex and penthouse configurations. Chairman Vikas Oberoi framed the move as a natural extension of the brand's identity rather than a departure from it: Over the last four decades, we have established a strong track record of creating landmark addresses in Mumbai... With Three Sixty North, we are bringing this philosophy to Gurugram through design-led development inspired by the vision that shaped Three Sixty West.
The market's response has validated the bet almost immediately. Within weeks of launch, the company reported that it has recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR, having sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project. That kind of absorption in the ultra-luxury bracket — homes priced upward of Rs 18 crore — signals genuine depth of demand for design-led luxury living outside Mumbai's traditional strongholds.
Beyond these three marquee launches, the FY27 slate reads like a checklist of Oberoi's key land banks: Tower A, Jardine, Ralliwolf Mulund, Enigma commercial strata sale, Pedder road, Adarsh Nagar, Worli, Alibaug, Bandra RLDA and Borivali SRA project round out the twelve-project calendar. The company has also been quietly assembling fresh land parcels to feed future cycles: Oberoi Realty acquired ~4 msf across MMR comprising RLDA, Bandra east (19.5 lsf), and three redevelopment projects — Aram Nagar, Versova (17.18 lsf), Pedder road (1.40 lsf), and Malabar Hill (0.51 lsf). A significant addition came via the Pedder Road redevelopment agreement, where Oberoi Realty signed a development agreement for the redevelopment of two adjacent housing societies on Peddar Road, with gross sales potential estimated at over Rs 1,500 crore, on a combined land area of approximately 4,800 square metres, with Oberoi Realty's free sale component estimated at up to 1.4 lakh sq ft.
Financially, the backdrop supporting this launch spree looks healthy. The company's Q4 FY26 consolidated net profit stood at Rs 703 crore, up 62.4% year-on-year, with revenue from operations of Rs 1,750 crore, up 52.2% YoY — momentum that analysts believe underpins the aggressive calendar ahead. Brokerage ICICI Securities, in a note on the stock, observed that Oberoi Realty appears to be entering a fresh expansion cycle supported by premium launches, redevelopment opportunities, stronger annuity income, and hospitality diversification, positioning itself as one of the more structurally resilient players within India's luxury real estate segment. For homebuyers, the takeaway is straightforward: whether you're eyeing a sea-facing redevelopment on Carter Road, a heritage address on Malabar Hill, or a golf-course-adjacent tower in Gurugram, FY2027 is shaping up to be the busiest — and most closely watched — year in Oberoi Realty's recent history.
