Early Life and Background
Vikas Oberoi was born in 1969 in Mumbai, Maharashtra. His father, Ranvir Oberoi, was a key figure in Mumbai's real estate sector, starting as an investor before transitioning into real estate development. Vikas grew up around the real estate business and joined his father's office after completing his schooling. He pursued higher education at Jai Hind College in Mumbai and later attended Harvard Business School, completing the Owner/President Management programme.
Rise to Success
Vikas Oberoi became involved in his father's business in the early 1990s, eventually taking over the reins of the company. Under his leadership, Oberoi Realty Limited expanded significantly. He is known for acquiring large parcels of land and developing landmark projects, including the 60-acre former Novartis campus in Goregaon, Mumbai, and a four-acre plot in Worli. These developments transformed the real estate landscape in Mumbai, featuring a mix of residential, commercial, and hospitality offerings.
Key Business Strategies
Vikas Oberoi's key business strategy involves focusing on high-end residential complexes, alongside ventures in hospitality, retail, and corporate sectors. He is known for his commitment to quality and innovation in real estate development. He is also spearheading the development of Mumbai's first Ritz-Carlton hotel and residences, further diversifying Oberoi Realty's portfolio.
Philanthropy
Vikas Oberoi is the founder trustee of 'Oberoi Foundation' which focuses on the development of educational institutions and other social infrastructure. The Oberoi International School in Mumbai is one such initiative of the Foundation, providing world-class education.