NSENews Verification24 Jun 2026 · 24 Jun 2026, 07:09 pm
News Verification
Oberoi Realty Limited · OBEROIRLTY
✦ AI SummaryRegulatory
Oberoi Realty Limited has clarified that it has received RERA approval for its Gurugram real estate project, but the project registration number is yet to be issued. The company had acquired the 14.8-acre land in November 2023 and intends to develop a luxury residential group housing project.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk4/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
The Exchange has sought clarification from Oberoi Realty Limited with respect to recent news item captioned Oberoi Realty shares rise 3% as firm receives RERA approval for Gurugram real estate project. The response from the Company is attached.
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OBEROIRLTY_24062026190907_Rumor_Verification_Gurugram_RERA_24062026.pdf
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June 24, 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/Confirmation on news item appearing in “https://www.moneycontrol.com”
Ref: Your letter dated June 24, 2026
Dear Sir,
This is with reference to your letter dated June 24, 2026 on the captioned subject, regarding recent
news item which appeared in the https://www.moneycontrol.com dated June 24, 2026 captioned
‘Oberoi Realty shares rise 3% as firm receives RERA approval for Gurugram real estate project’,
requiring us to provide our clarification/confirmation in respect of the said news item.
In this connection we wish to humbly submit that the website of the Haryana RERA shows that the said
project has been registered with Haryana RERA, however the project registration number is yet to be
issued, and registration certificate generation is in-process and is yet to be received by us. The
screenshot from Haryana RERA website is attached as Annexure ‘A’.
Also, we wish to state that the registration of a typical real estate project with the concerned RERA
authority is a customary requirement of the provisions of The Real Estate (Regulation and
Development) Act, 2016, and is not an unusual, peculiar or a case specific approval. RERA registration
is one amongst the several approvals that are required in the regular course of sale and development
of real estate projects. Such approvals are procedural milestones in the development lifecycle of real
estate projects.
Also, we wish to state that the 14.8 acre Gurugram land under discussion was acquired by the Company
in November 2023 and the intimation to this effect was made to the stock exchanges vide our letter
dated November 17, 2023. Vide the said intimation, we had also disclosed that the transaction marks
the Company’s foray into the NCR region, and that the Company intends to primarily develop a luxury
residential group housing project on the said land. A copy of the said intimation is attached as Annexure
Also, the said project has been routinely discussed at the quarterly post earnings conference call on
results and business update, and the audio recording as well as the transcript thereof has been
intimated to the stock exchanges from time to time.
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
Hence the public at large is aware about the impending launch of the said residential project, for which
RERA registration is one of the milestones.
The Company shall at the time of launch of the said project make the required announcement in terms
of Regulation 30, read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, and the Policy for Determination of Materiality of Events as formulated by the
Company.
We also confirm that to the Company is not aware of any information that has not been announced to
the exchanges which could explain the stated price movement.
We request you to take the above on record and oblige.
Thanking you.
For Oberoi Realty Limited
Bhaskar Kshirsagar
Company Secretary
Encl: As above.
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