Oberoi Realty's Bookings in FY26 Fell by 24% to 698 Units, Booking Value Up by 3% at 5,447 Crore

Mumbai-based, listed real estate developer Oberoi Realty's annual sales booking for FY26 fell by 24 per cent to 698 units from 929 units in FY25. However, the booking value increased by 3 per cent to 5,447 crore.
Oberoi Realty's Bookings in FY26 Fell by 24% to 698 Units, Booking Value Up by 3% at 5,447 Crore

Mumbai, April 21: The number of units booked rose 76 per cent in Q4FY26 to 229 from 130 in Q3FY26, and increased by 196 per cent from 78 in Q4FY25.

Key Financials

Metric FY26 FY25 Change
Units booked 698 929 -24%
Carpet area booked     11.47 lakh sq ft      12.83 lakh sq ft    -10%
Booking value 5,447 crore 5,281 crore +3%

Q4 FY26 Performance

  • Units booked: 229 (up 76% QoQ, up 196% YoY)

  • Carpet area booked: 3.57 lakh sq ft (up from 1.86 lakh sq ft in Q3FY26)

  • Booking value: 1,673 crore (up 100% QoQ, up 96% YoY from 853 crore in Q4FY25)

Recent Project Acquisitions

  • Malabar Hill (April 2026): 1,740 sq m land parcel under cluster development scheme

  • Peddar Road (March 28): Redevelopment of two housing societies (1.40 lakh sq ft sale potential, estimated 1,500 crore+ revenue)

  • Versova (March 16): Development agreement with MHADA for land in Aram Nagar

  • Bandra East (February 2025): Highest bidder for 11 acres lease at 5,400 crore

Brokerage View

ICICI Direct Research said: "Oberoi Realty showcased a strong Q4FY26 despite the absence of project launches due to delays. During FY26, the company has secured three project developments across Southern and Western Mumbai, as well as a significant land parcel near Bandra Railway station. Going ahead in FY27E, the company has multiple project launches lined up, which will be a key growth driver over the medium term."