19-Oct-2026 19:50:36
OBEROI REALTY Q2 CONCALL: ₹8,000+ CR GURUGRAM SALES, STRONG H2 PROJECT LAUNCH PIPELINE & LUXURY HOUSING EXPANSION
• GURUGRAM 360 NORTH PHASE 1 SOLD OUT WITH SALES EXCEEDING ₹8,000 CR • GURUGRAM Q2 COLLECTIONS AT ₹830–835 CR; ADDITIONAL COLLECTIONS EXPECTED IN Q3 FY27 • GURUGRAM PHASE 2 LAUNCH AWAITING REGULATORY APPROVALS & EXPERIENCE CENTRE COMPLETION • H2 FY27 LAUNCH PIPELINE INCLUDES PEDDER ROAD, THANE, FORESTVILLE, ALIBAUG & MULUND PROJECTS • MALABAR HILL REDEVELOPMENT PORTFOLIO EXPANDED TO THREE PROJECTS • FY27 CONSTRUCTION SPENDING EXPECTED AT APPROXIMATELY ₹1,000 CR • MANAGEMENT SEES CONTINUED STRONG DEMAND FOR PREMIUM & LUXURY HOUSING • THANE PROJECT PRICE INCREASES UNDER CONSIDERATION; OCEANIC PRICES INCREASED TO ₹1.70–1.80 LAKH/SQ. FT. • NCR EXPANSION OPPORTUNITIES BEING EVALUATED ACROSS GURUGRAM, NOIDA & DELHI • BORIVALI COMMERCIAL PROJECT COMPLETION TARGETED AROUND LATE 2027 • GOREGAON HOTEL COMMISSIONING EXPECTED WITHIN 6–9 MONTHS • EXISTING COMMERZ OFFICE ASSETS OPERATING NEAR FULL OCCUPANCY; SKY CITY MALL OCCUPANCY IMPROVING • PROJECT APPROVAL DELAYS & UNRESOLVED GURUGRAM LITIGATION REMAIN KEY RISKS
OBEROI REALTY LIMITED