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.
Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.
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.
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.
