Regulatory clarity restores investor confidence in Oberoi's premium Gurugram luxury project.
Get DetailsHaryana's Department of Town and Country Planning (DTCP) has rejected a representation by Advance India Projects Ltd (AIPL) seeking cancellation of the licence and developer change approvals for Oberoi Realty's Three Sixty North project in Gurugram. In an order dated August 13, DTCP held that Licence No. 69 of 2025 and the June 2025 approval transferring development rights to Oberoi Realty remain legally valid. This regulatory vindication represents a decisive moment for one of Gurugram's most closely watched luxury developments.
The matter had taken on heightened significance following a legal challenge that created uncertainty about the project's viability. The complaint, filed by Advance India Projects Ltd (AIPL), alleged violations of foreign direct investment (FDI) norms and provisions of the Haryana Development and Regulation of Urban Areas Act, 1975. In its July 7, 2026 order, the court had restricted IREO Group entities and Oberoi Realty from making fresh allotments or creating third-party rights in the project until the DTCP decided AIPL's complaint. This interim restriction placed a temporary halt on sales operations, raising questions about the project's momentum.
With the DTCP's August 13 order, regulatory fog has lifted. Restrictions on fresh allotments and creation of third-party rights have ceased to operate. The DTCP has ruled that the approvals questioned by AIPL do not require action under the applicable Haryana development-control legislation. This regulatory clarity signals strong confidence in the legitimacy of Oberoi Realty's developer status and eliminates the legal uncertainty that had hung over the project since July.
The project itself represents a watershed moment for Oberoi Realty. Gross bookings achieved at the Three Sixty North project during its launch in July 2026 reached ₹8,109 crore. Total RERA carpet area booked at Three Sixty North stands at 13.52 lakh sq. ft., representing 23.1 lakh sq. ft. of saleable area, with the premium NCR residential project spread across a land parcel of approximately 14.8 acres. These impressive launch metrics underscore the market's appetite for this luxury offering even amid regulatory proceedings.
Three Sixty North is Oberoi Realty's residential project on Golf Course Extension Road in Sector 58, Gurugram, involving a 14.8-acre land parcel that was previously covered by licences issued between 2009 and 2012 and was initially marketed as the Grand Hyatt Residences project. A project of Three Sixty North's scale entering the market under a globally recognised luxury developer has the potential to influence pricing benchmarks, buyer expectations and the competitive positioning of the Golf Course Extension Road micro-market. For homebuyers evaluating this investment, regulatory certainty now provides a critical foundation for decision-making.
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