Overview
- Oberoi Realty formally launched Three Sixty North on June 29, a 14.8‑acre, seven‑tower ultra‑luxury redevelopment on Golf Course Extension Road in Sector 58, Gurugram, with Phase 1 comprising six towers and 432 residences.
- The company says prices start at ₹18 crore excluding taxes and offers 3 BHK + Studio, 4 BHK + Studio, duplexes and penthouses with saleable areas from about 5,500 sq ft to over 13,000 sq ft, while some business press reports cite alternative per‑sq‑ft and bare‑shell figures that remain to be reconciled.
- Oberoi has budgeted roughly Rs 6,000 crore for the full project and about Rs 4,000 crore for Phase 1, and it projects total revenue potential near Rs 16,000 crore at the launched price levels.
- The developer is clearing the site of unfinished Ireo towers, reportedly by floor‑by‑floor demolition, and currently holds approvals for building up to 36 floors as it seeks further permissions for later phases.
- Oberoi frames the launch as a careful market entry aimed at high‑net‑worth buyers, with a gradual sales rollout instead of an instant sellout, a move that could signal more Mumbai builders expanding into NCR and narrow price gaps between the two markets.