HC restrains Oberoi Realty allotments
Analysis based on 6 articles · First reported Jul 09, 2026 · Last updated Jul 09, 2026
The court order may slow Oberoi Realty's sales momentum in its first Gurugram project, but the company downplays material impact. The dispute could affect homebuyer confidence and raise regulatory scrutiny on licence transfers in Haryana.
The India — Punjab and Haryana High Court has restrained Oberoi Realty from making fresh allotments or creating third-party rights in its 'Oberoi 360 North' residential project in Gurugram until the Unknown — Town and Country Planning Department (DTCP) decides a pending complaint by Advance India Projects (AIPL) challenging the project's licence validity. The complaint alleges violations of FDI norms and other provisions. The court order, passed on July 7, 2026, does not affect existing sales or construction. Oberoi Realty stated it has no adverse material impact. The dispute involves a 14.8-acre land parcel in Sector 58, Gurugram, with an estimated project value of ₹8,000-10,000 crore. Around 350 units have been allotted and ₹750 crore collected from buyers. AIPL also cited an FIR registered in 2024 against IREO and Oberoi Realty, but proceedings are stayed by the Supreme Court. The DTCP is to decide the complaint by July 20, 2026.
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