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HISTORY The company was first registered under the name Kingston Properties Private Limited on May 8, 1998, under the company’s act. Later in December of 2009, was when the company officially changed its name to ‘OBEROI REALTY’ Ltd. From that point, the Company was changed over into an open constrained organization and according to Board goals dated December 4, 2009, and investors goals go at the EGM dated December 4, 2009, the name of the Company was changed to Oberoi Realty Limited. Resulting in its difference in name, the company received a fresh incorporation certificate on the 14th of December. This was done to avail the brand equity of the ‘OBEROI’ name and convey the true nature of the company. The company is involved in the real estate development business and has many plans established in Mumbai and Pune. The company has a total of 19 projects out of which 4 are ongoing.

Oberoi Eternia towers - Mulund West, Mumbai, Oberoi Enigma towers - Mulund West, Mumbai, Oberoi sky city towers – Borivali East, Mumbai, Oberoi splendour Grande – Jogeshwari East, Mumbai, Oberoi Esquire – Goregaon East, Mumbai, Oberoi Beachwood – Juhu, Mumbai are examples.

The office and hospitality estates contribute 18 and 10 per cent respectively, to revenues. These estates are relatively stable as they generate huge income and has healthy occupants. Currently, the company has 4 properties namely Commerz-I, Commerz II - Phase I, Westin Hotel and Oberoi Mall.

Intro

Oberoi Realty is a real estate developer based in Mumbai, India. The company has its head office in the commerz building, 3rd floor in Goregaon East, Mumbai. The company is currently lead by Mr Vikas Oberoi as chairman and managing director. He has been the Director at Oberoi Realty Limited since May 8, 1998. Mr Oberoi has completed the Owner's Management Program from the Harvard Business School.

Property magnate Vikas Oberoi controls and runs Mumbai-listed Oberoi Realty, known for its high-end suburban condos. The Oberoi realty is also trying to get into the hotel and mall business.

The net worth of its owner Vikas Oberoi is at 1.9 billion dollars as of 1st January 2019.

Geographies covered

Oberoi Realty has delivered above 35 projects in the past 39 years covering a built-up area of 6.5 million sq. feet.

Significant projects

Exquisite is a landmark project of theirs which offer luxurious 3 BHK apartments of sizes between 1690 to 1820 sq. feet. There are 802 units spread across an area of 80 acres.

Oasis 2 is another project of their which offers 4 and 5 BHK apartments.

Company’s philosophy

For more than 3 decades now, Oberoi Realty has been an insignia of trust in the real estate sector in Mumbai. The company stands on 6 pillars to deliver at its best capability.

Quality Focusing on the qualitative concept and constantly improving on them.

Customer centricity Fulfilling all the needs of the customer by keeping them at the centre and giving them the most importance.

Teamwork Oberoi Realty has always been known for accomplishing tasks by involving every one of the teams on it and finally accomplishing a common goal.

Passion for innovation Getting the passion to do something rather than doing it for no purpose.

Integrity and transparency Oberoi Realty has been known to maintain the integrity of the sector and of the customers. It has also been known for being transparent about its work.

I connect The company is known for connecting to its employees and its customers on a personal level to foster a climate of trust between the 2 parties.

Challenges

the biggest challenge for Vikas Oberoi as the Chairman and MD of Oberoi realty is to continue the sales momentum of the company in Mumbai’s restrained markets. But so far, they have been able to deliver according to their promise due to timely achievement of goals.

Further goals

Exhausting all inventories to build projects and marketing them fiercely and better than the competitors. the company believes in an almost full investment of its capital in the real estate market. it also believes in fierce marketing to stand out in the real estate business.

Vikas Oberoi

He fills in as a Director at Beachwood Properties Private Limited, Envision Realty Private Limited, Expressions Realty Private Limited, I-Ven Realty Limited, Kingston Hospitality, Developers Private Limited, Kingston Property Services Private Limited, Myspace Developers Private Limited, New Dimension Consultants Private Limited, OCPL, Oberoi Consultancy Services Private Limited, Oberoi Estates Private Limited, OMPL, Perspective Realty Private Limited, R. S. Domain Developers Private Limited, Sangam City Township Private Limited, Shrivatsa Realty Private Limited, SRPL, Splendor Developers Private Limited and Triumph Realty Private Limited. He has been a Director at Oberoi Realty Limited since May 8, 1998. Mr Oberoi's trusteeships include Kingston Properties Private Limited; Employees' Group Gratuity cum Life Assurance Scheme; Kingston Property Services Private Limited; Employees Group Gratuity cum Life Assurance Scheme; Oberoi Constructions Private Limited Employees' Group Gratuity Assurance Scheme; Oberoi Foundation; and Oberoi Foundation Employees Group Gratuity cum Life Assurance Scheme. Mr Oberoi has finished the Owner's/President's Management Program from the Harvard Business School.

Trustee of the Oberoi Foundation offers essentially to instructive causes. The Oberoi Foundation is the not-for-profit arm of Oberoi Realty. The establishment began Oberoi International School to give world-class training concentrating on the comprehensive advancement of youthful students. Oberoi seems, by all accounts, to be giving through the establishment. Additionally goes to different philanthropy occasions with his better half.