Oberoi Plans Phase 2 at Three Sixty North as Sector 58 Demand Holds

Oberoi Three Sixty North Phase 2: Seventh Tower Planned for Sector 58

Oberoi Realty is preparing the next stage of Three Sixty North, its ultra-luxury project in Sector 58, Golf Course Extension Road, Gurugram. Phase 2 adds one more residential tower, the seventh in the master plan, to the six towers already launched. No Phase 2 price has been announced, and the company says launch will come in the next financial year, with timing still being finalised. For anyone tracking the Golf Course Extension Road corridor, the more important point is that Phase 1 has already sold out.

The six Phase 1 towers were registered with Haryana RERA on 26 June 2026 and launched three days later, on 29 June 2026. By mid-July 2026 the company had recorded gross bookings of about ₹8,109 crore, and the Phase 1 apartments were fully taken. The 14.8-acre site was bought in November 2023 for about ₹597 crore, so the developer has spent close to three years getting from land to sales.

Impact on Homebuyers

If you are a first-time buyer who has been eyeing this project, the news changes your options, not your timeline. Phase 1 pricing was set at a base of ₹35,000 per sq ft excluding taxes as of June 2026, with a ₹1,500 per sq ft launch benefit that brought the start rate to about ₹33,500. Starting prices across the project begin near ₹18 crore. A 4 BHK home runs about 5,500 to 5,600 sq ft, a 5 BHK with servant room about 8,500 to 8,600 sq ft, and the penthouse about 13,000 sq ft.

Some market estimates put the next phase near ₹40,000 per sq ft, but the developer has not confirmed that figure. Compare it with the wider Golf Course Extension Road corridor, which was quoted at roughly ₹35,000 to ₹60,000 per sq ft in June 2026. Phase 1 sits at the lower end of that band for a project of this class, which is one reason its launch drew strong demand. If Phase 2 is priced higher, buyers who missed Phase 1 may face a noticeably steeper entry point.

Should you wait? Our advice is to watch for three things before committing money: Haryana RERA registration for the new tower, an announced booking window, and a published price sheet. Phase 2 has no booking window yet, and it depends on additional approvals. Buyers in joint names should also look closely at stamp duty, which in Haryana is 7% for a male buyer, 5% for a female buyer and 6% for joint ownership. Registration adds 1% of value, capped at ₹50,000. Under-construction non-affordable homes also attract 5% GST without input tax credit at this price level.

NRI buyers should read the numbers with some care. Gross rental yields in the locality are estimated at around 2 to 2.5% on capital cost, so this is a home to live in or hold for the long run, not a high-income rental. Sector 58 has already risen about 132% over five years, though its one-year gain slowed to about 4.3% in 2026. Future growth is likely to be more modest than the last five years suggest.

Expert Analysis

Why is the developer moving so quickly? Phase 1 demand suggests there is a real pool of buyers at this price point who want a large, low-density home with a full clubhouse. The project offers one residence per floor, about 10 acres of greenery and roughly 67% open area across the site. These are the features that high-ticket buyers now ask for first. The developer also describes this as its first project outside Maharashtra in more than four decades, which gives Gurugram a significant new benchmark.

The main risk is timing. The approvals needed for Phase 2 are still in process, and a High Court matter that had restricted fresh bookings ended after Haryana's town planning department rejected a challenge to the developer's licence in August 2026. The licence remains in force, which removes one uncertainty, but the new tower is not yet registered. Buyers should also recognise that a single project supplying a small number of very large homes can make resale liquidity thinner than in mass-market areas.

What to Expect Next

The next concrete signal will be the Phase 2 RERA filing. Once it is registered, watch for the booking window, the configuration mix, and the first published price per sq ft. Infrastructure is moving alongside it. The Golf Course Extension Road eight-lane upgrade has moved to construction, and the Southern Peripheral Road widening is targeted for completion around the end of 2027, according to a broker timeline. The 36 km metro corridor along the same road is still at the detailed project report stage with a target of 2027 to 2028, which may well slip, so plan around the roads rather than the metro.

Related Projects & Areas Affected

• Sector 58, Golf Course Extension Road: the locality that will feel the most direct effect, with IGI Airport about 22 to 25 km away and DLF Cyber Hub roughly 20 to 22 minutes by car.
• An M3M project in Sector 58: upcoming 4 and 5 BHK homes priced around ₹20 to ₹28 crore, a direct alternative for buyers comparing large-format homes.
• An IREO project in Sector 58: ready-to-move 2, 3 and 4 BHK homes priced around ₹3.3 to ₹10.8 crore, a far cheaper route into the same micro-market.
• A Godrej project in Sector 63A: 3, 4 and 5 BHK homes priced around ₹5.9 to ₹10.7 crore, useful for buyers who want space without the top-end budget.
• A Pioneer project in Sector 62: 4 and 5 BHK homes priced around ₹26 to ₹49 crore, which shows where the premium end of the Gurugram market has been pricing.

Full project details: Oberoi Three Sixty North Phase 2