In a significant development in the Indian real estate sector, Oberoi Realty Ltd has recorded a gross booking value of approximately ₹970 crore following the launch of its Elysian Tower D on 30 April 2025. This newly launched tower is part of the Elysian cluster at the company’s flagship project, Oberoi Garden City (OGC), located in Goregaon, Mumbai.

Key figures and project scale

According to a regulatory filing by Oberoi Realty, the ₹970 crore booking covers a RERA carpet area of around 2.1 lakh square feet and a saleable area of nearly 3.25 lakh square feet. This robust booking value highlights not just strong consumer demand but also investor confidence in the luxury housing segment of Mumbai.

Elysian Tower D: Premium living meets modern design

Elysian Tower D is a blend of luxurious residential living and contemporary architecture. It features 3 and 4 BHK residences, with carpet areas ranging from 2,009 sq. ft. to 3,430 sq. ft., promising open layouts, generous space, and abundant natural light.

The project boasts a wide range of modern lifestyle amenities, including:

• Landscaped gardens offering serenity within the city

• A grand entrance lobby with double-height ceilings

• Multiple recreational zones designed for all age groups

These features are curated to cater to upper-middle and high-income buyers seeking premium urban living in Mumbai.

Oberoi Garden City: A self-sustained urban ecosystem

Elysian Tower D is not a standalone development but part of the larger Oberoi Garden City, an 80-acre integrated township in Goregaon. This township is a thoughtfully planned blend of:

• Residential towers with luxury specifications

• Grade A commercial spaces at the International Business Park

• Premium retail outlets at the Oberoi Mall

• World-class education facilities at Oberoi International School

• Luxury hospitality provided by The Westin Mumbai Garden City

The township’s design reflects a “walk-to-everything” philosophy, encouraging sustainability and convenience.

Strategic location advantage

Oberoi Garden City’s location provides exceptional connectivity. It is well-connected to Mumbai’s metro rail network, the Western Express Highway, and other major arterial roads, making it an ideal choice for professionals and families alike.

The accessibility to commercial hubs like Andheri, BKC, and Lower Parel further enhances the project’s value proposition.

Market reaction and leadership comments

Following the announcement, Oberoi Realty's stock witnessed positive movement, gaining up to 2% intraday, reaching ₹1,634 apiece on the BSE before stabilising at around ₹1,613 apiece, up 0.57% by 9:50 AM.

Commenting on the launch, Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, stated:

“We are truly delighted by the overwhelming response to the launch of Elysian Tower D in Oberoi Garden City, Goregaon. This reflects the trust and confidence our customers have in our vision and execution capabilities.”

Strategic significance of this launch

The launch of Elysian Tower D adds further momentum to Oberoi Realty’s premium residential portfolio in Mumbai. In an environment where real estate sales are increasingly driven by branded developers offering quality, transparency, and timely delivery, Oberoi Realty’s strong track record makes it a preferred choice.

Moreover, the success of Elysian Tower D is likely to have a positive spillover effect on other projects within Oberoi Garden City and future developments.

Investor confidence and market outlook

Oberoi Realty’s performance demonstrates that there is strong end-user demand for high-quality, luxury real estate products in Mumbai, particularly in micro-markets like Goregaon East, which combine urban convenience with green surroundings.

Given the encouraging sales velocity and robust bookings, this could signal a broader trend in Mumbai’s real estate market, where demand for premium integrated developments continues to rise.

Conclusion

The ₹970 crore bookings milestone for Elysian Tower D affirms Oberoi Realty’s position as a top-tier real estate developer in India. The tower not only showcases luxury and functionality but also sets a benchmark for integrated township living in Mumbai.

With strategic location, robust infrastructure, and best-in-class amenities, Elysian Tower D is poised to become a sought-after address in the city’s rapidly evolving real estate landscape.

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