Oberoi Realty’s NCR debut spurs growth visibility with solid bookings

Oberoi Realty's first NCR project, Three Sixty North, clocked gross bookings of Rs 8,109 crore for 13.52 lakh sq ft, far above FY26's Rs 5,447 crore. HDFC Securities raised its target price to Rs 2,490 from Rs 2,094, citing an upgraded FY27 pre-sales assumption of about Rs 13,000-14,000 crore after factoring in Gurugram's contribution. Shares have gained nearly 20% in the past month and trade at around Rs 1,866, with a strong launch pipeline across MMR and NCR expected to sustain growth momentum.