In a year marked by stock market volatility and macroeconomic uncertainties, Oberoi Realty has posted an impressive 31% year-on-year rise in sales bookings, touching Rs. 5,266 crore in FY 2024-25, as per the company’s latest regulatory filing. This sharp increase, up from 4,007 crore in FY24, highlights the resilience of Mumbai’s premium residential real estate segment and the continued appetite for luxury homes.
Strong Sales Momentum Despite Market Headwinds
Oberoi Realty sold 928 units in the fiscal year ending March 2025, compared to 705 units in FY24, marking a 32% rise in unit sales. The developer also achieved a carpet area sales volume of 12.81 lakh sq ft, a significant jump from 10.76 lakh sq ft in the previous year.
This growth comes even as the broader stock markets faced pressure, impacting investor sentiment across sectors. Yet, Oberoi Realty’s performance suggests that end-user demand and high-net-worth interest in luxury real estate remain unaffected, particularly in Mumbai’s western and central corridors.
Luxury Real Estate Continues to Lead Mumbai's Housing Story
Oberoi Realty’s focus on high-end, lifestyle-driven developments such as Oberoi Sky City in Borivali, Oberoi Elysian in Goregaon, and Three Sixty West in Worli has cemented its position as a preferred brand among discerning buyers seeking both quality and appreciation potential. These projects combine amenities, design, and location factors that continue to command premium pricing and healthy absorption, even in a tight economic cycle.
Expert View: Market Confidence Still Strong
“Oberoi Realty’s numbers reaffirm what many in the market already feel — that Mumbai’s premium real estate is driven less by stock market trends and more by genuine demand from high-net-worth individuals and end-users. Buyers today are looking for trust, timely delivery, and long-term value — and that’s where developers like Oberoi are winning,”
— Sandeep Sadh, Mumbai Real Estate Advisor & Founder, Mumbai Property Exchange
Key Drivers Behind Oberoi’s FY25 Success
- Credible Track Record & Timely Delivery: Homebuyers are increasingly gravitating toward established developers, and Oberoi Realty’s reputation for timely possession and quality execution has worked in its favour.
- Demand for Ready & Near-Completion Inventory: With buyers wary of delays and GST impact, ready-to-move or nearing possession homes are seeing faster off-take.
- Focus on Well-Connected Micro Markets: Projects located near the Metro, Western Express Highway, and upcoming infrastructure nodes are gaining traction.
- Rising Affluence and Lifestyle Upgrades: The post-pandemic buyer is not only aspirational but also more decisive, investing in long-term assets over short-term market instruments.
Mumbai Market Outlook: Steady for Premium, Selective for Mid-Segment
While the Nifty Realty Index and stock prices of developers witnessed corrections through the year, real-world transactions in top-tier Mumbai locations remained robust. Oberoi Realty’s results reflect that Mumbai’s luxury residential market has decoupled from short-term market cycles, instead aligning with long-term lifestyle and wealth trends.
Looking ahead, developers who combine trust, location, and lifestyle will continue to thrive, especially in a market like Mumbai where supply remains constrained and aspirational living remains a priority.