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Oberoi Realty Ltd reported a 31% jump in sales bookings, reaching INR 5,266 crore in FY 2024-25, up from INR 4,007 crore the previous year. The Mumbai-based luxury developer sold 928 units, compared to 705 in FY24, with total carpet area sold rising by 19% to 12.81 lakh sq ft. The strong performance reflects sustained demand for premium housing, particularly in Mumbai. With upcoming projects in Borivali, Thane, and Goregaon, and a focus on mixed-use developments, Oberoi Realty is well-positioned to benefit from India's positive economic outlook and growing interest in high-end homeownership.
Mumbai-based Oberoi Realty Ltd, a prominent name in India's luxury residential market, recorded a significant 31% surge in sales bookings, reaching INR 5,266 crore in the financial year 2024-25. The company had reported INR 4,007 crore in bookings in FY24, highlighting the sustained demand for premium homes, especially in India's financial capital. Advertisement
In its latest regulatory filing, the developer noted that it sold 928 residential units in the recently concluded fiscal, compared to 705 units in FY24, indicating strong buyer interest in its high-end offerings.
The total carpet area sold also rose to 12.81 lakh sq ft from 10.76 lakh sq ft in the previous year-a growth of nearly 19%.
Oberoi Realty has carved a niche for itself in the luxury and upper-mid housing segments. With several upcoming projects in Borivali, Thane, and Goregaon, and a growing interest in mixed-use developments integrating retail, office, and residential spaces, Oberoi Realty is well-positioned to capitalize on the upward momentum in India's high-value housing segment.
As India's economic sentiment remains optimistic and home ownership continues to be a top priority, particularly among millennials and business owners, companies with a strong brand identity and quality track record are expected to continue seeing robust performance.
Source: PTI
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