Oberoi Realty was incorporated as Kingston Properties Private Limited on May 8, 1998 under the Companies Act, 1956 in Mumbai. The name of the company was changed to Oberoi Realty Private Limited on October 23, 2009. The company was converted into a public limited company on December 14, 2009 and consequently, the name was changed to Oberoi Realty Limited.
Oberoi Realty Limited is a public limited company incorporated in India under provisions of the Companies Act applicable in India. The company is headquartered in Mumbai, India. The shares of the company are listed on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited.
The company is a real estate development company, focused on premium developments. The company has established a strong brand and a successful track record in the real estate industry by developing innovative projects through its emphasis on contemporary architecture, strong project execution and quality construction. While its focus is on residential projects, it has a diversified portfolio of projects covering key segments of the real estate market, which target the upper end of the respective income or market segment. It develops residential, office space, retail, hospitality and social infrastructure projects in mixed-use and single-segment developments.
Business area of the company
Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.
Products of the company
- Residential
- Commercial
- Retail
- Social Infrastructure
- Hospitality
Awards & Accolades
2000
- Young Achiever of the Year Award for Real Estate Development.
2005
- Young President's Organisation.
2007
- Glory of Mumbai 2007.
- India's Top 15 Builders by Construction World Top Architects & Builders.
2008
- Bronze Safety Award - Construction Sector by National Safety Council.
- Award for Outstanding pre-stressed concrete structure (2007-08) by Indian Concrete Institute.
2009
- Asia Shopping Centre Finalist 2009 by The International Council of Shopping Centre.
- Most Admired Retailer of the year (Mall)
- Most Admired Shopping Centre Developer of the year (Oberoi Realty).
- Most Admired Shopping Centre of the year (Metros).
- Most Admired Shopping Centre of the year (Marketing & Consumer promotions).
- Excellence Award for Best Real Estate Developer
- Real Estate Company of the Year.
2010
- Best Retail Marketing Campaign - Toon Town.
- Most admired Shopping Centre of the Year – Metros.
- India's Top 10 Builders.
- Outstanding Contribution in Real Estate Sector (Residential).
- Real Estate Company of the Year.
2011
- Best Business Hotel for Women Travellers’ Travel & Leisure India’s Best 2011.
- Outstanding Entre- preneurship Award.
- Best Retail Marketing Campaign! - Mickey's Magical Diwali.
- Best Commercial Property by Construction Week India
- Top 25 Best Shopping Mall 2011 by Franchise India.
- Shopping Malls & Arcades by VM & RD Retail Design.
2012
- Largest Vending Machine at Oberoi Mall - Hot Wheelz Vending Machine.
- Emerging Markets - Accounting and Financial Category.
- Best Health and Well - Being Strategy.
- Managing health at Work.
- Best Upcoming Luxury Residential Project in Mumbai.
- Residential Project of the Year - West India category.
- Best Investor Relations Practice.
- Highly Commended Commercial High Rise Development India.
- Best Retail Marketing Campaign!- 50 50 .
- Best Mixed use Project of the Year.
- India's Top 10 (Young) Builders.
2013
- Best 50% Complete Residential Project under Luxury Segment in MMR .
- Red Carpet Customer - Best Customer Engagement Program.
- Highly Commended Landscape Architecture (India).
- Integrated Township of the Year .
- Managing Health at Work’ at National Level.
- Best Retail Marketing Campaign! - Blue and White Xmas.
- India's Best Existing Neighborhood Shopping Mall 2013-14.
2014
- The High Rise Project of the Year.
- Best Retail Marketing Campaign! - Battle Zone (FIFA).
- All Day Dining venue Seasonal Tastes received the award.
2015
- Most Admired Green Shopping Centre of the Year - Green Building.
- Most Admired Marketing Campaign of the year - Battle Zone (FIFA).
- Most Admired Green Shopping Centre of the Year - Green Building.
- Natures Forever' for its contribution towards saving sparrows - World Sparrow Day.
- Most Admired Marketing Campaign of the year and Most Admired Green Shopping Centre of the year.
- Luxury Project of the Year.
- Special Recognition Award for Innovation in Design.
- Oberoi Realty amongst the Top 10 Brands of Mumbai Hot 50.
- Most Admired Loyalty Program of the Year.
- Retail Excellence by Asia Retail Congress 2015.
- Contribution in the growth of the Real Estate Sector in Mumbai by The Economic Times Realty Convention.
2016
- Iconic Residential Project - Western Mumbai.
- Oberoi Realty adjudged as the ‘Times Realty Icon’ in the commercial segment.
- Most Aspiring Real Estate Brand - India.
- Best Residential High-Rise Architecture Brand - India.
- Most Admired Shopping Centre of the Year- Marketing & Promotions - Light up Luck.
- Natures Forever' for its contribution towards saving sparrows - World Sparrow Day.
- Best Residential Luxury Project of the Year.
- Digital Marketer of the Year.
2017
- India’s Top Builders of 2017.
- Real Estate company of the Year.
- Excellence in Township Development.
- Real Estate and Infrastructure.
- The Best Loyalty Program in Real Estate Sector.
2018
- Shopping Centre of the year - Retailer's Choice.
- Best mall partner - Doraemon Event.
- Best mall partner- Despicable me & Jurassic World.
- Most Number of Mall Events.
- Next Gen Icon award.
- Integrated property development of the year - Western India.
- Best Thematic Decoration - Jingle All The Way to Switzerland.
- Most Admired Green Shopping Mall of the Year.
- Health & Safety Award
2019
- Residential Project of the Year.
- Maharashtra Best Employer Brand Awards.
- 'Best Investor Relations Team' (Mid Cap).
- Recognised for 'Construction Health, Safety and Environment'.
- Recognised for achieving new standards in Construction Health, Safety and Environment .
- Conferred and honored for 'Outstanding Contribution towards Real Estate Industry'.
- Recognition for contribution in the development of gated communities in India.
- Best maintained Podium Garden above 5000 sq. ft.
- Most Admired Shopping Centre of the Year-Retailers Choice.
2020
- Excellence in Innovation and Technology.
- Excellence in Safety and Security.
Milestones
- February 20, 2002: Acquisition of land at Goregaon, Mumbai from Ciba Specialty Chemicals (India). Acquisition of land at Goregaon, Mumbai from Novartis India Limited at Goregaon, Mumbai
- April 8, 2003: OMPL became a 100% subsidiary of the company
- February 10, 2005: Acquisition of development rights at Andheri (West), Mumbai from Excel Industries and Shroff Family Charitable Trust for development of property
- March 31, 2005: Master Asset Purchase Agreement entered into between Tulip Hospitality Services, Tulip Hotels Private, Ajit Kerkar and SRPL for acquisition of Hotel Tulip Star at Juhu, Mumbai from Tulip Hospitality Services
- September 26, 2005: Acquisition of land at Mulund, Mumbai from GlaxoSmithKline Pharmaceuticals
- October 18, 2005: Acquisition of land at Andheri (East), Mumbai from Madhu Fantasy Land and Avinash Bhosale
- December 21, 2006: OCPL became 100% subsidiary of the company
- January 14, 2007: Investment in the company by SSIII by a fresh issue of 279,777 equity shares and 783 preference shares for Rs 5,967 million and Rs 783 million, respectively aggregating an investment of Rs 6,750 million
- January 2, 2008: Hotel operating services agreement entered into between the company and Starwood Asia Pacific Hotels & Resort Pte for operating The Westin Mumbai - Garden City hotel at Goregaon (East), Mumbai
- September 23, 2009: Joint Venture agreement entered into between the company, Skylark Build and Shree Vrunda Enterprises for the development of the free-sale component under slum rehabilitation scheme at Annie Besant Road, Worli, Mumbai
- 2010: Vikas Oberoi wins the ‘The true entrepreneur of the year’ award
- 2010: Oberoi Realty launches Oberoi Splendor Grande at MCHI
- 2011: Oberoi Realty signs Samsung C&T for its iconic South Mumbai project
- 2012: Oberoi Realty bags awards for residential developments
- 2012: Oberoi Realty wins master brand 2012 status by CMO council & CMO asia & asian confederation of business
- 2012: Oberoi Realty wins prestigious international property awards-asia pacific
- 2013: Oberoi Exquisite awarded as the ‘Best 50% Complete Residential Project under Luxury Segment in MMR’ by ‘CNBC AWAAZ Real Estate Awards 2013’
- 2013: 'Oberoi Garden City’ Awarded as the ‘Integrated Township of the year’.
- 2020: Invesco Global Small and Midcap Growth Fund has acquired 50,24,217 equity shares of Oberoi Realty through open market transaction on March 17.