Company Response to Exchange Query on RERA Registration News
Nature of Query and Response Date
Oberoi Realty Limited responded to a joint query from BSE Limited and National Stock Exchange of India Limited dated June 24, 2026, regarding a news item appearing on Moneycontrol.com on the same date. The news item was captioned 'Oberoi Realty shares rise 3% as firm receives RERA approval for Gurugram real estate project'.
Clarification on RERA Registration Status
The company clarified that while the Haryana RERA website shows the project has been registered, the registration number is yet to be issued and the registration certificate generation is still in-process. The company has not yet received the formal certificate. The project involves multiple towers (Tower A through Tower G) with provisional registration IDs RERA-GRG-2240- through RERA-GRG-2245-, all showing 'Not Issued Yet' status for registration numbers.
Regulatory Compliance Statement
The company emphasized that RERA registration is a customary requirement under The Real Estate (Regulation and Development) Act, 2016 and represents one of several procedural milestones in the regular course of real estate project development. The company stated it will make the required announcement in terms of Regulation 30, read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Company's Policy for Determination of Materiality of Events at the time of project launch.
Historical Context and Previous Disclosures
The company disclosed that the 14.816-acre (59,956.20 square meters) Gurugram land was acquired in November 2023 through an Agreement for Sale with Ireo Residences Company Private Limited and others. The transaction consideration included monetary consideration of up to ₹597 Crore and area entitlement for existing homeowners. The company's estimated entitlement from the project is approximately 2.6 million square feet of FAR. This acquisition marked the company's foray into the NCR region, with plans to develop a luxury residential group housing project. The project has been routinely discussed during quarterly post-earnings conference calls, with transcripts and recordings shared with exchanges.
Trading Volume and Price Movement Clarification
The company confirmed it is not aware of any information that has not been announced to the exchanges that could explain the recent price movement in its shares.
Topic Tags: Regulatory Response, RERA Compliance, Project Update, Disclosure Compliance, Real Estate Development