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Oberoi Realty has informed that 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, 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 above information is a part of company’s filings submitted to BSE.

Oberoi Realty Share Price

1875.40 -9.15 (-0.49%)
16-Jul-2026 13:01 View Price Chart
Peers
Company Name CMP
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