Oberoi Realty: The maker of Mumbai's skyline
Led by Vikas Oberoi, the company has elevated cityscapes into aspirational landmarks
By Forbes India
Last Updated: Oct 15, 2025, 14:45 IST1 min
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As chairman and managing director of Oberoi Realty—an Indian real estate leader with a market capitalisation near ₹83,000 crore ($10 billion)—Vikas Oberoi has elevated cityscapes into aspirational landmarks.
Over more than four decades, the company has delivered integrated townships that unite residential finesse, commercial vitality and top-tier hospitality. With roughly a 3 percent share of the Nifty Realty Index, Oberoi Realty consistently commands 20 to 40 percent premiums through design excellence and sustainable innovation.
Born in 1969, Oberoi is a second-generation entrepreneur who succeeded his father, Ranvir Oberoi. Educated at Jai Hind College and the Harvard Business School OPM programme, he combines local insight with global perspective.
“Real estate is about creating lasting value,” he said in a 2025 interview—reflected in FY25 sales bookings of ~₹5,259 crore ($0.63 billion), up 33 percent from ₹3,945 crore ($0.48 billion) in FY24. His estimated net worth of about ₹45,000 crore ($5.4 billion) places him among India’s richest real estate magnates.
Oberoi Realty’s portfolio speaks to the ultra-premium segment where craft, privacy and lifestyle services define value. Signature Mumbai residences feature private elevators, sky terraces and tailored concierge care, rooted in prime locations and eco-forward design. Projects like Three Sixty West in Worli and Elysian in Goregaon, Mumbai, are coveted addresses today.
“We are building dreams, not just homes,” Oberoi told stakeholders in 2025.
The company’s ambitions extend beyond Mumbai. In 2024, Oberoi Realty entered the National Capital Region, acquiring 14.8 acres in Gurugram for ₹597 crore ($71 million) to develop an ultra-luxury project.
First Published: Oct 15, 2025, 14:45
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