Billionaire Profile
Vikas Oberoi
Global Rank
#794

Image: Public domain | via Wikimedia Commons

Vikas Oberoi

CEO, Oberoi Realty
IN
Real-Time Net Worth
$5.1B
As of December 2025
Age
55
Source
Real estate
Industry
real-estate
Citizenship
IN

Biography

Vikas Oberoi is a prominent Indian real estate magnate and the Chairman and Managing Director of Oberoi Realty. With a current net worth of $5.1 billion, he is a leading figure in the Indian real estate sector. Oberoi is known for developing high-end residential complexes and expanding into hospitality, retail, and corporate sectors. Educated at Mumbai University and Harvard Business School, he brings a blend of academic rigor and entrepreneurial acumen to his leadership role. He is married to former Bollywood actress Gayatri Joshi and is a licensed pilot.

Wealth Over Time

In-Depth Profile

Early Life

Vikas Oberoi was born in Mumbai, Maharashtra, in 1969. His father, Ranvir Oberoi, was a key figure in Mumbai's real estate sector, and Vikas grew up around the business. He completed his schooling and joined his father's office. He pursued higher education at Jai Hind College in Mumbai and later attended Harvard Business School, where he completed the Owner/President Management programme.

Rise to Success

Vikas Oberoi joined 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 from GlaxoSmithKline. These developments transformed the real estate landscape in Mumbai, featuring a mix of residential, commercial, and hospitality offerings. Oberoi Realty has developed approximately 50 projects in Mumbai, totaling approximately 15.9 million square feet.

Key Business Strategies

Vikas Oberoi's strategy involves focusing on premium developments across residential, office, retail, hospitality, and social infrastructure verticals. He is also spearheading the development of Mumbai's first Ritz-Carlton hotel and residences, further diversifying Oberoi Realty's portfolio. The company is dedicated to sustainable development, demonstrated by its strict adherence to green building standards and the use of eco-friendly construction materials in its projects. Oberoi Realty's core vision is to transform promising locations into comprehensive integrated lifestyle destinations, creating spaces that enhance the quality of urban living.

Philanthropy

Vikas Oberoi founded the Oberoi Foundation, a charitable trust dedicated to the development of educational institutions and other forms of social infrastructure. The foundation operates the Oberoi International School, which provides world-class education. He is also committed to enhancing educational institutions and social infrastructure through the Oberoi Foundation.

Career Milestones

1993

Managing Director, Oberoi Constructions

Joined his father's company as Managing Director, transforming it into a leading real estate developer.

2007

Oberoi Realty IPO

Led Oberoi Realty to go public, raising Rs 1,026 crore.

2010

True Entrepreneur of the Year Award

Received the award at the Economic Times ACETECH Awards.

2018

Best Successor – 2nd Generation award

Received the award at the HT Mumbai Real Estate Awards.

Philanthropy & Social Impact

Education and Social Infrastructure

Oberoi Foundation

Undisclosed

Dedicated to the development of educational institutions and social infrastructure, including the Oberoi International School.

Business Philosophy & Leadership

Notable Quotes

"One can use the principles of karma to build a better brand and that is what we have tried to do."

Leadership Principles

Passion

Embracing passion for the real estate industry to drive success.

Design and Execution

Focusing on design, execution, and customer experience.

Innovation

Bringing something new to the table through innovative projects and sustainable practices.

Controversies & Challenges

2023

Car Accident in Italy

Vikas Oberoi and his wife were involved in a car accident in Sardinia, Italy. There were no serious injuries to the couple.