Oberoi Realty Limited has clarified to the stock exchanges that its Gurugram real estate project has been registered with Haryana RERA, though the registration certificate is yet to be received. The project registration number is still pending issuance, and the certificate generation process is underway.
The clarification came in response to a stock exchange query dated June 24, 2026, regarding a news item that reported a 3 percent rise in Oberoi Realty shares following RERA approval for the Gurugram project. The exchanges had required Oberoi Realty to confirm or clarify the information in the news report.
The 14.8 acre land parcel in Gurugram was acquired by Oberoi Realty in November 2023, and the stock exchanges were informed of the acquisition on November 17, 2023. The acquisition marked Oberoi Realty's entry into the NCR region, where it intends to develop a luxury residential group housing project on the land.
Oberoi Realty stated that RERA registration is a standard requirement in the regular course of real estate project development and is one of several approvals needed. The project has been discussed in quarterly post-earnings conference calls, with audio recordings and transcripts shared with the stock exchanges periodically. Oberoi Realty noted that the public is broadly aware of the impending project launch.
Oberoi Realty confirmed that it will make the required announcement at the time of the project launch in compliance with SEBI listing regulations. Oberoi Realty also stated that it is not aware of any information not disclosed to the exchanges that could explain the recent price movement in its shares.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.