High Court stays new allotments at Oberoi Realty project
after close1 source ↓written by the desknot a recommendation
The Punjab and Haryana High Court has issued an interim stay on new allotments for Oberoi Realty’s ₹8,109 crore Gurugram project, 'Three Sixty North'. This legal setback follows a successful launch, which had generated significant interest in the National Capital Region.
• Recent booking value: ₹8,109 crore
• Total revenue potential: ₹16,000 crore estimated
This ruling may impact investor sentiment and future sales projections for the company.
Not investment advice. For informational purposes only.