Oberoi
Oberoi
Oberoi
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.
The company is a real estate development company operating in Mumbai, 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.
The company uses a knowledge–based approach from internal and external sources in making
land acquisition, development and lease/sales decisions. It also utilizes an outsourcing model that
emphasizes quality design and construction. It works with several reputed international architects
and domestic architects and contractors. The company believes that this outsourcing model
provides us with the scalability required to undertake large developments.
Oberoi Realty currently follows a sale model for its residential projects and a lease model for a
portion of its office space and retail projects as it believes this provides the company with stable
cash flows. In hospitality projects, it currently follows an operating agreement model, whereby
the hotel is owned by the company and operated by a hotel chain.
The company currently has eight ongoing and 19 planned projects, which it expects to provide a
total saleable area of approximately 21,316,528 square feet.
Expressions Realty
Kingston Hospitality and Developers
Kingston Property Services
Oberoi Constructions
Oberoi Mall
Triumph Realty
Perspective Realty
Group companies
Beachwood Properties
Envision Realty
I–Ven Realty
New Dimension Consultants
Oberoi Consultancy Services
Oberoi Estates
R S Estate Developers
Milestones
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
– 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
– Oberoi Realty wins master brand 2012 status by CMO council & CMO asia & asian
confederation of business
– 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?
– 'Oberoi Garden City? Awarded as the ?Integrated Township of the year?
Awards
2010
Asia Retail Congress Awards 2010
Shoppers & Consumer Insights Awards 2010
Construction World Architect and Builder Awards 2010
EPC World Awards
Accommodation Times Awards 2010
2011
Asia Pacific Entre– preneurship Awards
Asia Retail Congress Awards 2011
Society Interiors Building Design Awards
Hotel Investment Conference – South Asia
Pevonia asiaSpa India Awards
Property World Awards
Construction Week India Awards
Travel & Leisure India's Best Awards 2011
Franchise India
VM & RD Retail Design Awards
2012
CNBC Awaaz Real Estate Awards 2012
India Human Capital Awards 2012
7th Employer Branding Awards
Brands Academy SAARC and ASEAN Real Estate Awards in association with NDTV
Profit
Estate Awards 2012 in association with Bloomberg TV & Franchise India
CMO Council & CMO Asia
All –Asia Executive Team by Institutional Investor
International Property Awards – Asia Pacific 2012–13
Asia Retail Congress Awards
Emerging Markets
Construction Week India Awards
7th Construction World Architect & Builder Awards
2013
CNBC AWAAZ Real Estate Awards 2013
Great Indian Marketing Summit ? Realty Conclave
Asia Pacific Property Awards
Realty Plus Excellence Awards 2013
7th Employer Branding Awards
Asia Retail Awards 2013 – for 50:50 Single day Flash Sale event
Our Guests
We are committed to meeting and exceeding the expectations of our guests through our
unremitting dedication to every aspect of service.
Our People
We are committed to the growth, development and welfare of our people upon whom we rely to
make this happen.
Our Distinctiveness
Together, we shall continue the Oberoi tradition of pioneering in the hospitality industry, striving
for unsurpassed excellence in high-potential locations all the way from the Middle East to the
Asia-Pacific.
Our Shareholders
Leadership
Rai Bahadur Mohan Singh Oberoi was born on 15th August, 1898 in erstwhile undivided Punjab,
which is now in Pakistan. He was only six months old when his father died. Success and fortune
did not, therefore, come easily to him. Initiative, resourcefulness and hard work, combined with
the capability to face and overcome the most overwhelming odds can best characterise this
phenomenal entrepreneur.
Rai Bahadur Mohan Singh Oberoi completed his primary education in Rawalpindi and moved to
Lahore for his Bachelor's degree. Shortly thereafter, to flee the ravages of a virulent plague, he
went to seek his fortune in Shimla, the summer capital of British India. Arriving penniless, he
found a job at a monthly salary of INR 50, as the front desk clerk at the Cecil Hotel. Today, The
Oberoi Group owns the hotel The Oberoi Cecil where the young Mr. Oberoi found his métier.
P.R.S. Oberoi
Mr. P.R.S. Oberoi is the Executive Chairman of EIH Limited, the flagship company of The
Oberoi Group. He is also the Chairman of Oberoi Hotels Private Limited, the major shareholder
of EIH Limited. Popularly known as "Biki", Mr. Oberoi is the son of late Rai Bahadur Mohan
Singh Oberoi, the founder of The Oberoi Group.
Mr. P.R.S. Oberoi was educated in India, the United Kingdom and in Switzerland.
In addition to providing leadership for the management of luxury hotels in several countries, Mr.
Oberoi has been instrumental in pioneering the development of the new Oberoi hotels and
resorts. The "Oberoi" brand has come to represent fine luxury hotels.
Mr. Oberoi is credited with placing Oberoi hotels on the international luxury travellers' map with
the opening of several new luxury hotels in important locations, thus redefining architectural and
design standards in luxury hospitality. A key aspect of this is the development of hotels that
reflect their environment.
It is Mr. Oberoi's firm belief that people are the most valuable asset of any organisation.
Recognising the importance of quality in hospitality management, Mr. Oberoi established 'The
Oberoi Centre of Learning and Development' at New Delhi in 1966. Today, this institution is
considered amongst the best in Asia.
PROFILE
DHARMA
MISSION & VISION
LEADERSHIP