Oberoi Realty Three Sixty North: Inside Gurgaon's Rs. 10,000 Crore Luxury Real Estate Launch (2026)

By Realty Applications | Real Estate Advisory, Delhi NCR & Mumbai

Mumbai-based Oberoi Realty has made its Delhi-NCR debut, and the numbers are unlike anything Gurgaon's luxury housing market has seen before. On June 29, 2026, the developer launched Three Sixty North on Golf Course Extension Road, Sector 58, Gurugram - its first project outside the Mumbai Metropolitan Region in four decades. By July 6, the company confirmed gross bookings of approximately Rs. 8,109 crore across the first phase, one of the largest single-project launch figures in Indian real estate history.

For homebuyers, HNI investors, and NRIs evaluating Gurgaon's luxury market, this launch is worth understanding in detail — not just as a headline, but as a signal of where the city's ultra-luxury segment is heading.

Table of Contents

• Project Overview: What Is Three Sixty North?
• Location: Why Golf Course Extension Road, Sector 58
• Pricing, Configurations, and Inventory
• The Rs. 8,109 Crore Booking: What Actually Happened
• Why Buyers Trusted a First-Time NCR Developer
• Three Sixty North vs. Other Gurgaon Luxury Projects
• Investment Analysis: Opportunity and Risk
• What This Means for Gurgaon's Luxury Real Estate Market
• FAQs

Project Overview: What Is Three Sixty North?

Three Sixty North is Oberoi Realty's first residential development in Delhi-NCR, built on a 14.8-acre land parcel in Sector 58, Gurugram. The site was previously held by the beleaguered Ireo Group and included unfinished towers designed by architect Norman Foster; Oberoi Realty is redeveloping the plot from the ground up.

The project comprises seven high-rise towers in total, with the first phase releasing six towers and 832 units. Apartment sizes range from roughly 5,500 sq. ft. to 13,000 sq. ft., spanning 3 BHK and 4 BHK bare-shell configurations, duplexes, and penthouses, designed around an apartment-villa concept with as few as two to four homes per floor for privacy. Construction is being handled by L&T, and the project is registered under Haryana RERA (registration numbers GGM/1069/801/2026/41 through GGM/1073/805/2026/45).

The estimated investment across both phases is around Rs. 6,000 crore, with an estimated total revenue potential of Rs. 16,000 crore. Possession for the current phase is expected around 2033.

View the full Oberoi Realty Gurgaon project page → Explore the Oberoi Realty builder profile →

Location: Why Golf Course Extension Road, Sector 58

Golf Course Extension Road has become one of Gurgaon's most sought-after luxury corridors over the last decade, and Sector 58 sits at its heart. The location offers direct connectivity to DLF Cyber City, NH-48, Sohna Road, and IGI Airport, while backing onto the Aravalli hills — a rare combination of business-district access and green, low-density surroundings that is difficult to replicate elsewhere in Gurgaon.

This corridor already anchors several of Gurgaon's most established luxury addresses, which is part of why Oberoi Realty chose it for its NCR entry rather than an emerging micro-market.

See other projects and developments in Sector 58, Gurgaon →

Pricing, Configurations, and Inventory

Oberoi Realty launched the first phase at a basic selling price of Rs. 35,000 per sq. ft. (bare-shell), among the highest per-square-foot benchmarks ever recorded on Golf Course Extension Road. Unit pricing starts from approximately Rs. 18 crore for a 3 BHK and 4 BHK, with larger configurations, duplexes, and penthouses priced significantly higher.

The Rs. 8,109 Crore Booking: What Actually Happened

On June 29, 2026, Oberoi Realty CMD Vikas Oberoi announced the company's Delhi-NCR entry at a press conference in Gurugram, stating: "We feel confident now that our brand is transportable to the NCR market." Just over a week later, in a regulatory filing dated July 6, the company confirmed gross bookings of approximately Rs. 8,109 crore for 13.52 lakh sq. ft. of RERA carpet area - out of a total saleable area of 23.10 lakh sq. ft. in the first phase.

This figure represents one of the largest single-project launch bookings recorded in Indian real estate, and a meaningful validation of Oberoi Realty's ability to command premium pricing and rapid sales velocity outside its home market of Mumbai.

Why Buyers Trusted a First-Time NCR Developer

Committing Rs. 18 crore or more to a project with a 2033 possession date, from a developer with no prior delivery history in the city, is not a small decision. Several factors appear to have driven buyer confidence:

• Track record: Oberoi Realty has delivered 51 projects and over 17.3 million sq. ft. across Mumbai, with more than 34 million sq. ft. currently under construction.
• Brand equity: The project is positioned as a spiritual successor to Three Sixty West in Worli, one of Mumbai's most recognised luxury addresses.
• Execution partner: L&T's involvement as the construction contractor added a further layer of delivery assurance for buyers.
• Scarcity: Genuinely low-density, branded ultra-luxury inventory remains limited in Gurgaon relative to buyer demand.

At this price point, buyers are underwriting a developer's reputation and a construction partner's credibility as much as they are underwriting the physical apartment.

Three Sixty North vs. Other Gurgaon Luxury Projects

Three Sixty North enters at a price point broadly comparable to Gurgaon's existing top tier, but its per-square-foot rate of Rs. 35,000 places it among the highest currently on record for the corridor — reflecting both Oberoi's brand premium and the villa-style, low-density design.

Read our detailed comparison of DLF's ultra-luxury projects → Compare Gurgaon's top branded residences →

Investment Analysis: Opportunity and Risk

The case for it:

• Established developer credibility entering a supply-constrained luxury segment
• Strong infrastructure and connectivity along Golf Course Extension Road
• Continued wealth creation among Gurgaon's corporate and entrepreneurial base
• Growing NRI and HNI appetite for real assets over traditional instruments

Points investors should weigh carefully:

• Possession is not expected until 2033 - a long capital lock-in period
• This is Oberoi Realty's first delivery outside Mumbai; execution timelines in a new market carry inherent uncertainty
• Strong opening bookings do not guarantee sustained price appreciation once more corridor inventory (including further phases and competing launches) comes online
• Buyers should independently verify RERA registration, construction milestones, and payment plan structures before committing

A strong launch-day number reflects demand and brand trust at a single point in time. It is not a substitute for ongoing due diligence on construction progress and market comparables over the life of the investment.

Understand rental yield fundamentals before investing → Use our rental yield calculator to model returns → Compare residential, commercial, and plot investments for 2026 →

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What This Means for Gurgaon's Luxury Real Estate Market

Three Sixty North's launch is likely to accelerate several trends already underway in Gurgaon's luxury segment:

1. More national developers entering Gurgaon. Vikas Oberoi has indicated the company is actively scouting further NCR land parcels, suggesting this launch is a first step rather than a one-off.
2. Rising price benchmarks. A Rs. 35,000 per sq. ft. basic selling price sets a new reference point for the corridor, which competing developers will likely price against.
3. More branded and low-density product. The apartment-villa format - fewer units per floor, larger private layouts - reflects a broader shift in what ultra-luxury buyers now expect.
4. Continued institutionalisation of the segment. Large, established developers with strong balance sheets and delivery track records are increasingly setting the pace in Gurgaon's top tier, over regional or first-generation developers.

Read our outlook on Gurgaon-NCR's investment corridors through 2030 → See our roundup of upcoming luxury projects in Gurgaon →

FAQs

What is Oberoi Realty Three Sixty North? Three Sixty North is Oberoi Realty's first residential project in Delhi-NCR, located in Sector 58 on Golf Course Extension Road, Gurugram. It spans 14.8 acres across seven towers, with 832 units released in the first phase.

How much did Oberoi Realty book at launch? Oberoi Realty confirmed gross bookings of approximately Rs. 8,109 crore for 13.52 lakh sq. ft. of RERA carpet area in the project's first phase, as disclosed in a regulatory filing on July 6, 2026.

What is the starting price of Three Sixty North? Unit prices start from approximately Rs. 18 crore for 3 BHK and 4 BHK bare-shell apartments, with the basic selling price set at Rs. 35,000 per sq. ft.

Who is constructing Three Sixty North? L&T (Larsen & Toubro) is the construction partner for the project.

When is possession expected? Possession for the current phase is expected around 2033, per the project's disclosed timeline.

Is Three Sixty North a good investment? The project benefits from a strong developer track record, prime location, and limited comparable luxury supply. However, the long possession timeline, first-time execution in a new market, and reliance on continued price appreciation mean investors should evaluate it alongside independent due diligence rather than the launch numbers alone.

How does Three Sixty North compare to DLF's luxury projects? Three Sixty North is priced broadly in line with DLF's The Camellias and The Dahlias, though its per-square-foot rate is among the highest currently recorded on Golf Course Extension Road, reflecting Oberoi Realty's brand premium and low-density design.

Realty Applications is a Delhi NCR-based real estate advisory firm covering luxury residential, commercial, and NRI investment opportunities across Gurgaon, Mumbai, and Delhi NCR.

For a personalised assessment of Three Sixty North or comparable Gurgaon luxury projects, contact Realty Applications at +91 9999 39 7575 or visit realtyapplications.in.