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
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Units booked: 229 (up 76% QoQ, up 196% YoY)
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Carpet area booked: 3.57 lakh sq ft (up from 1.86 lakh sq ft in Q3FY26)
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Booking value: 1,673 crore (up 100% QoQ, up 96% YoY from 853 crore in Q4FY25)
Recent Project Acquisitions
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Malabar Hill (April 2026): 1,740 sq m land parcel under cluster development scheme
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Peddar Road (March 28): Redevelopment of two housing societies (1.40 lakh sq ft sale potential, estimated 1,500 crore+ revenue)
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Versova (March 16): Development agreement with MHADA for land in Aram Nagar
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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."