Oberoi Realty: High Court Continues Interim Order on Project 'Three Sixty North'
Oberoi Realty's 'Three Sixty North' project faces a continued interim order from the Punjab and Haryana High Court, restricting further allotments until the next hearing on September 25, 2026. The company has already allotted 13.16 lakh sq. ft. (saleable area 22.51 lakh sq. ft.) for ₹7,891 crore, which remains unaffected.
The continuation of the interim order, while not impacting current bookings or construction, could potentially affect future sales momentum for the project until the matter is fully resolved. This warrants a medium impact assessment.
The announcement provides an update on a legal matter concerning a project. While an interim order has continued restrictions on new allotments, it does not impact existing bookings or construction, suggesting a neutral financial impact.
Oberoi Realty Limited has provided an update regarding its project 'Three Sixty North' in Gurugram. Previously, on July 7, 2026, the Hon'ble Punjab and Haryana High Court had ordered that no further allotments or third-party rights be created in the project until a complaint filed by Advance India Projects Limited was decided.
This restriction was temporarily lifted on August 13, 2026, when the Department of Town and Country Planning (DTCP) passed an order. However, the Hon'ble High Court, in an interim order dated September 16, 2026 (uploaded September 17, 2026), has directed that the restriction on further allotments will continue until the next hearing.
The next hearing for this matter is scheduled for September 25, 2026. As of the current date, Oberoi Realty has allotted approximately 13.16 lakh sq. ft. of RERA carpet area (22.51 lakh sq. ft. of saleable area) for a booking value of ₹7,891 crore in the project. The company stated that this interim order does not impact these existing allotments and that there is no stay on the construction of the project.
Oberoi Realty believes that this interim order does not have any material adverse impact on its business and operations.
What to do with a filing like this
Oberoi Realty Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Oberoi Realty Limited. Read the original for the full detail.