Oberoi Realty appoints Stuart McConnachie as COO

Oberoi Realty has appointed Mr. Stuart McConnachie as Chief Operating Officer - Construction effective July 13, 2026. The appointment is contractual in nature and subject to the company's employment policy. This strategic move aims to bolster the company's construction and project execution capabilities with senior leadership expertise.

McConnachie brings over 25 years of international experience delivering large-scale residential, retail, hospitality, and mixed-use developments. His expertise spans stakeholder management, strategic leadership, project planning and execution, design management, contract administration, construction management, and project controls.

Profile of Stuart McConnachie

A seasoned Civil Engineer, McConnachie is a Member of the Institution of Civil Engineers (MICE) and Member of Chartered Management Institute (MCMI). His extensive background in managing complex projects aligns with Oberoi Realty's focus on high-quality development.

Particulars	Details
Reason for change	Appointment of Mr. Stuart McConnachie as Chief Operating Officer - Construction.
Date of appointment and term of appointment	July 13, 2026. The employment is contractual in nature, and subject to the employment policy of the Company.
Brief profile	Mr. Stuart McConnachie comes with over 25 years of international experience delivering large scale residential, retail, hospitality, and mixed-use developments. His expertise spans stakeholder management, strategic leadership, project planning and execution, design management, contract administration, construction management, and project controls. A seasoned Civil Engineer, he is also a Member of the Institution of Civil Engineers (MICE) and Member of Chartered Management Institute (MCMI).
Disclosure of relationships between directors	Not Applicable.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.51%	+0.42%	+12.50%	+12.83%	+3.18%	+162.71%

Oberoi Realty has issued a clarification addressing media reports regarding a Punjab and Haryana High Court order related to its luxury residential project Three Sixty North in Gurugram. The company stated that the court ruling does not affect current sales or ongoing construction at the development, which had earlier recorded gross bookings of approximately ₹8,109 crore.

Company Clarification

Oberoi Realty clarified that media reports suggesting the court had stopped new allotments at Three Sixty North required correction. According to the company, the court ruling does not affect current sales or ongoing construction activities at the project. The clarification aims to address concerns that may have arisen following earlier reports of the Punjab and Haryana High Court's intervention in allotment proceedings at the Gurugram development.

Project Overview and Specifications

Three Sixty North is a master-planned development located on Golf Course Extension Road in Sector 58, Gurugram, spread across approximately 14.8 acres. The project comprises seven residential towers and includes landscaped open spaces, Club Three Sixty North, and a curated boulevard featuring retail and cafés. The development represents Oberoi Realty's first luxury residential entry into the National Capital Region (NCR).

Key Project Metrics

The following table outlines the primary details of the Gurugram project:

Parameter:	Details
Project Name:	Three Sixty North
Location:	Sector 58, Golf Course Extension Road, Gurugram
Land Area:	14.8 acres
Number of Towers:	Seven
Gross Bookings:	~₹8,109 crore
RERA Carpet Area Booked:	~13.52 lakh sq. ft.
Saleable Area Booked:	23.10 lakh sq. ft.
Court Order Impact:	Does not affect current sales or ongoing construction

Management Commentary

Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, had earlier attributed the strong booking response to the strength of the development and the trust customers have placed in the company over the past four decades. He had stated that the entry into the NCR marks an important milestone in the company's journey driven by philosophy rather than geography, emphasizing that trust, quality, and disciplined execution transcend markets.