Oberoi Realty
Oberoi Realty is a public limited real estate development company based out of Mumbai, Maharashtra. Vikas Oberoi heads the company as its Chairman and Managing Director. In 2010, Oberoi Realty got listed on the Bombay Stock Exchange and the National Stock Exchange. Oberoi Realty is primarily into the development of premium residential projects along with commercial, retail, hospitality and social infrastructure projects.
History
Oberoi Realty was incorporated as Kingston Properties Private Limited in 1998. Oberoi Constructions Private Ltd. was incorporated under the Companies Act on 2 November 1993, in Mumbai. OCPL is involved in the business of real estate development and related activities and is a 100% subsidiary of Oberoi Realty Ltd. The current name Oberoi Realty was adopted on 22 October 2009, to clarify the exact nature of business and operations. Immediately thereafter, the company became a "Public Limited" entity and consequently, the name was changed to Oberoi Realty Limited.Oberoi Garden City, the flagship project was developed in Goregaon East on an 80-acre land parcel. The company had acquired the land parcel in Feb 2002. By 2005, Oberoi Realty expanded into Andheri and Mulund. Besides developing real estate Oberoi Realty developed and completed hospitality project, The Westin Mumbai - Garden City based on an operating agreement model. The hotel building is owned by Oberoi Realty whereas the operations are handled by Starwood Asia Pacific Hotels and Resorts Pte. Limited then now owned by Marriott International under the Westin brand. The hotel has been operational since May 2010.
Oberoi Realty entered the social infrastructure sector with Oberoi International School in Goregaon East and Jogeshwari-Vikhroli Link Road. The co-educational private school offers International Baccalaureate Programs and is operated by Oberoi Foundation, a public charitable trust. The Goregaon East campus was started in 2010 and JVLR campus in 2017.
Notable projects
- Oberoi Garden City is the company’s award-winning flagship project which is based on the concept of a "city within a city". The project includes 4 residential developments namely Oberoi Seven, Oberoi Woods, Exquisite and Esquire.
- Three Sixty West, a project being developed as a joint venture between Oberoi Realty and Sahana Group in Worli. The development will be consisting of two towers – one housing the Ritz-Carlton Hotel and the other will have luxury residences managed by The Ritz-Carlton.
- Oberoi Splendor, a residential complex in Andheri East.
Awards
- CIDC Vishwakarma Awards for Sky City by Oberoi Realty for Achievement Award for Construction Health, Safety & Environment
- Esquire received award for the category of Residential High-Rise Development, India by Asia Pacific Property
- IR Magazine Awards India for Best Investor Relations Team
- CIDC Vishwakarma Awards for Achievement Award for New Standards in Construction Health, Safety & Environment for Three Sixty West
- Marketing Maverick Awards, Conferred and honored for Outstanding Contribution towards Real Estate Industry, Mr. Vikas Oberoi
- IRECMS Awards, Oberoi Realty Recognition for Contribution in the Development of Gated Communities in India
- Grohe Hurun Real Estate Awards, Most Respected Real Estate Brand of the Year-India, Oberoi Realty
- Construction Week India Awards for 1st Runner-up for High Rise Project of the Year, Esquire by Oberoi Realty
- CMO Asia Award for Excellence in Shopping Malls for Oberoi Mall, Shopping Centre of the Year - Retailer's Choice
- High Rise India Summit & Awards for Health & Safety Award for Oberoi Garden City - Commerz II
- Real Estate Company of the Year, Oberoi Realty by Construction Week India
- Customer Loyalty Awards for Best Loyalty Program in Real Estate Sector, Oberoi Realty by The Customer Fest Show
- 12th CW Architect and Builder, India’s Top Builders for Mr. Vikas Oberoi
- NDTV Property Awards for Excellence In Township Development, Oberoi Garden City
- Real Estate Person of the Year, Mr. Vikas Oberoi by Construction Week India
- CNBC Awaaz Real Estate for Best Residential Luxury Project of the Year, Priviera by Oberoi Realty
- Images Shopping Centre Awards for Most Admired Shopping Centre of the Year, Oberoi Mall
- Global Brands Magazine Awards-UK for Most Aspiring Real Estate Brand, Oberoi Realty
- Asiamoney Corporate Governance Poll India Award for Best for Disclosure and Transparency, Oberoi Realty
- Golden Globe Tiger Awards for Certificate of merit for Shopping Centre of the Year, Oberoi Mall
- Global Brands Magazine Awards-UK for Best Residential High-Rise Architecture Brand, Oberoi Realty
- Digital Marketer of the Year for Oberoi Realty by IAMAI
- CMO Asia’s Mall Excellence Award for Most Admired Marketing Campaign of the Year and Most Admired Green Shopping Centre of the Year, Oberoi Mall
- CWAB awards Top Builders through Decade for Oberoi Realty
- Accommodation Times awards for Commercial Project of the Year, Commerz II
- Mumbai Hot 50 Brands by Paul Writer for Oberoi Realty
- Most Admired Green Shopping Centre of the Year, Oberoi Mall by Images Shopping Centre
- Asia Shopping Malls Excellence for Most Admired Green Shopping Centre of the Year, Oberoi Mall
- "Scroll of Honor" Award for Mr. Vikas Oberoi by Realty Plus 7th Excellence
- Lokmat National for Excellence awards Most Admired Loyalty Program of the Year, The Elite Club
- Asia Pacific Property for Highly Commended Landscape Architecture, Oberoi Splendor
- Realty Plus Excellence for Integrated Township of the Year, Oberoi Garden City
- Great Indian Marketing Summit – Realty Conclave for Best Customer Engagement Program, The Elite Club
- CNBC AWAAZ Real Estate for Best 50% Complete Residential Project
- 7th Construction World Architect & Builder for India's Top 10 Builders, Mr. Vikas Oberoi
- Oberoi Realty, CMO Council & CMO Asia for Master Brand Status
- Guinness World Record for Largest Vending Machine at Oberoi Mall
- International Property Awards for Commercial High Rise Development India, Commerz by Oberoi Realty
- Construction Week India award for Best Commercial Property, Commerz- Runner-up
- Outstanding Entrepreneurship Award for Mr. Vikas Oberoi by Asia Pacific Entrepreneurship
- Shoppers & Consumer Insights Award for Most Admired Shopping Centre Developer of The Year, Oberoi Mall
- Shoppers & Consumer Insights Award For Most Admired Shopping Centre of the Year, Oberoi Mall
- Shoppers & Consumer Insights Awards for Most Admired Shopping Centre of The Year, Oberoi Mall for Marketing and Consumer Promotions