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

2024-10-29

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.