Oberoi Realty Limited

Mumbai, India

Oberoi Realty Limited is a premier real estate development company based in India, specializing in high-end residential, commercial, and hospitality properties. The firm is known for its innovative designs and quality constructions in urban markets, delivering luxury living and commercial spaces.

CCI Score

37.25

-0.02% April 18

Latest Event

MahaRERA Orders Title Transfer for Oberoi Realty Amid Allegations of Negligence

MahaRERA has directed Oberoi Realty Limited (along with Novartis India Limited) to transfer a clear title for a major residential plot in Goregaon after allegations emerged regarding persistent construction deficiencies and failure to meet statutory obligations.

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DISSENTER

Oberoi Realty Limited is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

NOV

06

2024

MahaRERA Orders Title Transfer for Oberoi Realty Amid Allegations of Negligence
-38.25

MahaRERA has directed Oberoi Realty Limited (along with Novartis India Limited) to transfer a clear title for a major residential plot in Goregaon after allegations emerged regarding persistent construction deficiencies and failure to meet statutory obligations.
-40

Business Practices and Ethical Responsibility

November 7

Oberoi Realty Limited is facing significant criticism and regulatory action due to its failure to transfer clear property title and address serious construction and maintenance issues, thereby compromising consumer trust and their ethical responsibilities. The allegations and subsequent order by MahaRERA underscore a neglect in meeting legally mandated obligations, reflecting poor business practices that can contribute to a broader erosion of public accountability.

Mumbai: MahaRERA Orders Oberoi Realty, Novartis To Transfer Clear Title Of Goregaon Plot To Oberoi Woods Society Amid Allegations Of Negligence
MAY

01

2024

Adoption of Diversity, Equity & Inclusion Policy
81.71

Oberoi Realty Limited released a revised Diversity, Equity & Inclusion (DEI) policy effective May 2024, reinforcing equal opportunity, anti-discrimination measures, and comprehensive grievance redressal procedures. This policy underscores the company’s commitment to ethical business practices and worker rights, countering exclusionary and authoritarian workplace dynamics.
+90

Business Practices and Ethical Responsibility

March 23

The revised DEI policy demonstrates Oberoi Realty Limited's proactive stance in fostering workplace inclusivity, equality, and anti-discrimination practices. By implementing robust measures that ensure equal pay, grievance redressal, and protection against harassment, the company aligns its business practices with ethical standards. This commitment is seen as a positive countermeasure against exclusionary practices that can contribute to broader authoritarian tendencies.

PDF Diversity, Equity & Inclusion Policy
JAN

02

2024

Oberoi Realty Limited Code of Conduct Revision Emphasizes Ethical and Political Contribution Guidelines
68.29

The updated Code of Conduct for Employees outlines strict policies prohibiting unauthorized political contributions and mandates adherence to high ethical standards. It reinforces the company’s commitment to transparency in political engagement and robust business practices, underscoring an internal culture that resists complicity in authoritarian practices.
+80

Public and Political Behavior

March 23

The Code of Conduct explicitly forbids making political contributions without prior board approval, showcasing a proactive effort in mitigating risks of enabling politically motivated or authoritarian agendas. This clear internal policy contributes positively to Public and Political Behavior by ensuring that employee actions are aligned with ethical governance.

Oberoi Realty Limited Code of Conduct for Employees
+75

Business Practices and Ethical Responsibility

March 23

Beyond political contribution guidelines, the Code of Conduct mandates comprehensive ethical practices, including anti-bribery, anti-discrimination and adherence to legal and regulatory requirements. This underscores a robust commitment to ethical business behavior, enhancing the company’s overall reputation in its business practices.

Oberoi Realty Limited Code of Conduct for Employees