Mumbai’s Nepean Sea Road Is About to Change Forever: Oberoi Realty Begins a 1.18 Lakh sq ft Redevelopment Mega-Project
Mumbai’s Nepean Sea Road Is About to Change Forever: Oberoi Realty Begins a 1.18 Lakh sq ft Redevelopment Mega-Project
Oberoi Realty made its announcement of the redevelopment project for a 4,706 square-metre land parcel situated on Mumbai’s Nepean Sea Road. Along with its other project announcements in Goregaon and Bandra West, Oberoi Realty has stated about its plan to further expand in Delhi-NCR’s Gurugram region.

Table of Contents

  1. Introduction
  2. Announcement of Other Projects by Oberoi Realty
  3. Oberoi Realty's Expansion Into Delhi-NCR's Market
  4. Conclusion
  5. Faq's

Introduction

Mumbai-based real estate firm Oberoi Realty on November 26, announced about signing an agreement for the redevelopment of land measuring 4,706 square metres which is located at Nepean Sea Road, Mumbai. The company's entitlement to a free sale component from the project is currently pegged at about 1.18 lakh square feet (RERA carpet area), subject to the provisions of the Development Control and Promotion Regulations for Greater Mumbai, 2034, and other applicable laws.

Announcement of Other Projects by Oberoi Realty

  • In May 2025, Oberoi Realty had made an announcement for its launch in Mumbai's Goregaon area for a project named Elysian Tower D at Oberoi Garden City. As per the regulatory filing, this project made a gross booking value of ₹970 crore for 2.1 lakh sq ft and a total saleable area of 3.25 lakh sq ft.
  • Oberoi Realty announced in July 2024 that it will take up the development and redevelopment of a land parcel on Carter Road in Bandra West, Mumbai, spanning roughly 2,576 sq m. The company made a statement of expecting to generate a free sale area of around 40,000 square feet (RERA Carpet area) from this project.

Oberoi Realty's Expansion Into Delhi-NCR's Market

In October, it was announced by Oberoi Realty about its expansion in Delhi-NCR's Gurugram region. Vikas Oberoi, Chairman and Managing Director of the company, stated that they plan to launch their first project before the current fiscal year ends, as most key approvals have already been secured.

With the office now opened in Gurugram region, Oberoi Realty's plans to expand are already in place with the goal to launch its first project within this financial year itself.

Conclusion

With Oberoi Realty's redevelopment agreement on Nepean Sea Road, it is setting its footprint into creating a project that provides a lifestyle filled with comfort, sophistication and luxury. This redevelopment mega-project by the company paves way for more recent, modern and premium living experience with access to some of the high-end lifestyle amenities.

Oberoi Realty's exceptional presence in Mumbai's luxury housing market has set a mark because of its unmatched quality and design. Now with its further expansion in Delhi-NCR's Gurugram region, it aims to diversify its portfolio by expanding into other regions to create homes that integrate luxury with comfortable living experience.

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