News: Oberoi Realty FY26 Bookings: 698 Units, Rs 5,447 Crore-21-04-2026
Oberoi Realty booked 698 units in FY26, 24 per cent fewer than the 929 units of FY25, but its booking value rose 3% to Rs 5,447 crore from Rs 5,281 crore, according to a regulatory filing by the Mumbai-based listed developer.
The fourth quarter was much stronger. Units booked in Q4FY26 climbed to 229, up 76 per cent from 130 in Q3FY26 and 196 per cent from 78 in Q4FY25. Booking value doubled quarter-on-quarter to Rs 1,673 crore from Rs 836 crore, against Rs 853 crore in Q4FY25.
Carpet area booked in FY26 fell 10% to 11.47 lakh sq ft from 12.83 lakh sq ft, the filing said. In Q4FY26, 3.57 lakh sq ft was booked, compared with 1.86 lakh sq ft in Q3FY26 and 1.37 lakh sq ft in Q4FY25.
In a note on April 21, ICICI Direct Research said the company had a strong Q4FY26 despite the absence of launches due to delays. It noted that during FY26 the company secured three project developments across Southern and Western Mumbai and a significant land parcel near Bandra Railway station, and that multiple launches lined up for FY27E would be a key medium-term growth driver.
In the first week of April 2026, the company signed a development agreement (DA) for a 1,740 sq m land parcel in Malabar Hill, South Mumbai, to be developed with adjoining society/ies under the Maharashtra government’s cluster development scheme.
On March 28, it announced a DA for redeveloping two housing societies in the Peddar Road area, with estimated sale potential of 1.40 lakh sq ft of RERA carpet area. ICICI Direct Research, in a March 30 note, put gross sales potential at more than Rs 1,500 crore.
On March 16, it announced a development agreement for land owned by the Maharashtra Housing and Area Development Authority (MHADA) in Aram Nagar, Versova, Andheri West.
In February 2025, the company said it was the highest bidder at Rs 5,400 crore for the lease of 11 acres in Bandra East, for which the Rail Land Development Authority (RLDA) had invited bids.
