Oberoi Realty generated gross sales of ₹1,348 crore within three days of the launch of its latest residential project, Oberoi Garden City Thane, starting October 18. The impressive booking value indicates that the company will continue to dominate the high-end space.

Spread over a sprawling 75-acre site in the Mumbai Metropolitan Region, Oberoi Garden City Thane offers to keep its discerning clientele of over 30 premium amenities on their toes. In addition to a five-star JW Marriott Hotel and an Oberoi International School, especially designed to enhance the lifestyle of its residents.

Oberoi Realty, through a regulatory filing, mentioned that the 5.65 lakh square feet carpet area booking is a “milestone development” for the company. The first phase of development consists of five residential towers wherein two of the towers have witnessed bookings since the date of launch.

I feel very happy with the response received from the customers, Vikas Oberoi, Chairman and Managing Director of Oberoi Realty said. ‘We are highly excited by the phenomenal response so far to the launch of our new project at Oberoi Garden City Thane. It truly is a great honor for us to see the faith and trust our customers have shown in our brand and our product-this is what humbles and then encourages us, and thereby ultimately improves us as well. This project stands testament to our vision of providing a holistic, luxurious experience of living and we feel it will set a new benchmark for luxury in Thane,” he said.

Among the most accomplished players in the Indian realty sector, Oberoi Realty boasts a portfolio of 49 completed projects under its name in the Mumbai Metropolitan Region itself. Quality and luxury quotient continue to strike resonance among homebuyers as is seen in recent sales performance.

In the wake of a dynamic real estate market in India, Oberoi Realty would see significant sales figures just a couple of quarters after any new project launch. The completion of Oberoi Garden City Thane would further entrench itself into this fiercely competitive luxury housing market.