Oberoi Realty Share Price in Focus as Company Clarifies Legal Status of Three Sixty North Project After High Court Order

Oberoi Realty Limited has issued a clarification regarding media reports about the legal status of its Three Sixty North project in Gurugram as per the report on exchange filings.  

The company addressed concerns following a recent order by the Punjab and Haryana High Court. 

High Court Order on Allotments 

The Punjab and Haryana High Court issued an order on July 7, 2026, concerning the Three Sixty North project. The court directed the Director of Town and Country Planning to resolve a complaint by Advance India Projects Limited by July 20, 2026.  

Until the complaint is resolved, no new allotments or third-party rights can be created by the respondents. 

Impact on Existing Sales and Construction 

Oberoi Realty clarified that the court order does not affect existing sales, as disclosed to stock exchanges on July 5, 2026.  

Additionally, the order does not impose a stay on the construction of the project. The company believes the order will not materially impact its business operations. 

Legal Course of Action 

The company plans to pursue necessary legal actions as advised by professional legal counsel. Oberoi Realty is committed to complying with the court's directives and ensuring that all stakeholders are given adequate opportunities to present their cases. 

Read More: Oberoi Realty Shares in Focus; Achieves Gross Bookings of Approx ₹8,109 Crore at Three Sixty North, Gurugram! 

Oberoi Realty Share Price Performance 

As of July 09, 2026, at 3:30 PM, Oberoi Realty share price on NSE was closed at ₹1,873.20, up by 0.17% from the previous closing price. 

Conclusion 

Oberoi Realty clarified that the Punjab and Haryana High Court's order on July 7, 2026, affects only new allotments in the Three Sixty North project. Existing sales and construction remain unaffected, with no material impact on business operations. 

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