Oberoi Realty Limited
Oberoi Realty Ltd is a real estate development company, headquartered in Mumbai. It is the part of Oberoi Realty Group, focused on developments in the residential, office space, retail, hospitality, and social infrastructure verticals.
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Oberoi Realty's 'Three Sixty North' Gurugram project is now unrestricted for allotments. Regulatory authority upheld its license and developer change, dismissing a competitor's challenge as without merit. Prior court-imposed sales restrictions are lifted.
Oberoi Realty's latest quarter financials show strong growth: Revenue Rs. 1,361.69 Cr, PAT Rs. 544.71 Cr. All business segments performed well. Notably, the company expanded geographically with its first NCR development and has a strong pipeline of new projects.
Oberoi Realty clarified media reports on its Gurugram project, 'Three Sixty North'. A court order temporarily restricts new allotments and third-party rights creation until a complaint is decided. Existing sales and construction remain unaffected, with the company anticipating no material adverse business impact.
Oberoi Realty secured gross bookings of ₹8,109 Cr for its Three Sixty North luxury residential project in Gurugram. This marks a significant milestone and strong expansion into the National Capital Region.
Oberoi Realty launched "Three Sixty North," an ultra-luxury project in Gurugram, spanning 14.8 acres. This marks the company's entry into the NCR market. Residences start from 18+ Cr, offering expansive homes. The project focuses on design excellence and elevated living experiences.