Court restricts new allotments in Oberoi Realty's Three Sixty North project
OBEROIRLTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Oberoi Realty clarified that the Punjab and Haryana High Court has temporarily restricted the company from making fresh allotments in its Three Sixty North project in Gurugram till a complaint is decided, with a hearing set for July 20, 2026. The order arose from a writ petition by Advance India Projects Limited. The company said existing sales are not affected, there is no stay on construction, and the order has no adverse material impact on business or operations. Oberoi will pursue further legal action.
Short-term sentiment may weaken on allotment restrictions, but company states no material impact on business, existing sales, or construction.