Vikas Oberoi
Vikas Oberoi | |
|---|---|
| Born | 1969 Mumbai, India |
| Occupation(s) | Real estate developer, entrepreneur |
| Known for | Leadership of Oberoi Realty Limited |
| Notable work | Major land acquisitions and mixed-use developments in Mumbai |
Vikas Oberoi is a prominent figure in the Indian real estate industry.
By March 2024, his wealth was approximated at US$4.5 billion.
In 2023, Oberoi and his spouse Gayatri Joshi experienced a vehicular accident in Sardinia.
According to Forbes' October 2024 ranking of India’s top 100 wealthiest entrepreneurs, Vikas Oberoi holds the 50th position with a net worth of $5.9 billion.
Early life and background
Born in Mumbai in 1969 to Ranvir and Santosh Oberoi, Vikas was raised in an environment deeply connected to property development. His father was a notable investor and developer within Mumbai’s real estate sector. Following his education, Vikas began working at his father’s office located in Nariman Point.
He pursued higher education at Jai Hind College, Mumbai, and later completed the Owner/President Management programme at Harvard Business School.
Career achievements
Joining the family enterprise in the early 1990s, Vikas Oberoi eventually assumed leadership of Oberoi Realty Limited. Under his direction, the company experienced significant growth by securing major land acquisitions including the 60-acre former Novartis site in Goregaon and a four-acre property in Worli previously owned by GlaxoSmithKline. These projects transformed Mumbai’s real estate landscape by introducing mixed-use developments that combine residential, commercial, and hospitality components.
Awards and recognition
Vikas Oberoi was awarded the True Entrepreneur of the Year Award at the Economic Times ACETECH Awards in 2010. In 2018, he earned the Best Successor – 2nd Generation accolade at the HT Mumbai Real Estate Awards. Forbes placed him at rank 1196 on its 2020 global billionaire list, estimating his fortune at $3 billion (₹24,687 Crores).