NSEGeneral Updates9 Jul 2026 · 9 Jul 2026, 02:55 pm
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Oberoi Realty Limited · OBEROIRLTY
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Oberoi Realty has clarified that a recent court order does not impact existing sales or construction of its project 'Three Sixty North' in Gurugram, and the company believes the order has no adverse material impact on its business and operations.
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Full Announcement
Clarification on certain media reports relating to project Three Sixty North, Gurugram
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OBEROIRLTY_09072026145510_Clarification_TSN_09072026.pdf
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July 9, 2026
Department of Corporate Services The Listing Department
BSE Limited, National Stock Exchange of India Limited,
Mumbai 400 001 Mumbai 400 051
Through: BSE Listing Centre Through: NEAPS
Scrip Code: Equity - 533273 Scrip Symbol: OBEROIRLTY
Debt - 976127, 976128
Sub: Clarification on certain media reports relating to project ‘Three Sixty North, Gurugram’
Dear Sir,
This is with reference to certain reports circulating in media suggesting that the Hon’ble Punjab and
Haryana High Court, Chandigarh, has restrained Oberoi Realty from making fresh allotments in project
‘Three Sixty North’ situate at Golf Course Extension Road, Sector 58, Gurugram.
In this regard we wish to state that the said Hon’ble Court has passed an order dated July 7, 2026
(uploaded on the Hon’ble Court’s website on July 9, 2026) in a Writ Petition filed by Advance India
Projects Limited v/s Director, Department of Town and Country Planning Haryana and others. The
directions given by the Hon’ble Court vide the said order are reproduced as under:
25. In view of the above, the present application is disposed of with the following directions:-
(i) The Director, Town and Country Planning is hereby directed to decide the complaint
[Annexure P-11(A)] filed by the petitioner in accordance with law on the date, for which it is
already fixed i.e. 20.07.2026 after giving adequate and appropriate opportunity to all the
stakeholders including the petitioner. In case the aforesaid application for any reason cannot
be decided on the aforesaid date, then the Director, Town and Country Planning will hear the
application on day to-day basis and would decide the same, within a further period of two weeks
strictly in accordance with law. All the pleas taken by all the parties shall be duly considered
and decision shall be made with regard to all the pleas raised by all the parties in a categorical
and clear manner by passing a speaking order, which shall be conveyed to all the parties.
(ii) Considering the magnitude of the project and the fact that the rights of various
allottees/prospective allottees are involved, it is further directed that till the complaint/
Representation [(Annexure P-11(A)] is decided, no further allotment shall be made by the
respondent Nos.3 to 14 to any further prospective allotee nor shall any further third-party
rights be created by them.
The Company will pursue the necessary legal course of action as may be advised by professional legal
counsel.
Oberoi Realty Limited, Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (E), Mumbai – 400 063
Tel: +91 22 6677 3333 Fax: +91 22 6677 3334 www.oberoirealty.com Email: corporate@oberoirealty.com CIN: L45200MH1998PLC114818
We wish to further clarify that the said order does not impact any existing sales already concluded
(and as has been disclosed to the stock exchanges vide our letter dated July 5, 2026). We would also
like to clarify that there is no stay on the construction of the said project.
Accordingly, we believe that the above-mentioned order does not have any adverse material impact on
the business and operations of the Company.
We request you to take the above on record in compliance with the relevant provisions of Securities
and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Thanking you.
For Oberoi Realty Limited
Bhaskar Kshirsagar
Company Secretary
Oberoi Realty Limited, Commerz, 3rd Floor, International Business Park, Oberoi Garden City, Off Western Express Highway, Goregaon (E), Mumbai – 400 063
Tel: +91 22 6677 3333 Fax: +91 22 6677 3334 www.oberoirealty.com Email: corporate@oberoirealty.com CIN: L45200MH1998PLC114818