Tag: Faridabad

IndustryLatest Stories

Plots for Sale in Faridabad’s Protected Aravalis at ₹14,000/sq yd

Representative AI image FARIDABAD: Despite Supreme Court directives in 2022 mandating the demolition of all illegal structures in the protected Aravalis, the hills continue to face encroachment. On Tuesday, TOI discovered construction activities occupying 35 acres in Anangpur, with plots being sold for Rs 12,000-14,000 per square yard on land protected under sections 4 and 5 of the PLPA. This area lies within a 200-meter no-construction buffer zone surrounding the Anangpur dam–Suraj Jheel complex, which is safeguarded by the Archaeological Survey of India (ASI). Certain sections of the land are designated as ‘gair mumkin pahar’ (uncultivable hill). Local villagers have…

Latest StoriesResidential

BPTP Partners on 11-Acre Residential Project in Surajkund

NEW DELHI: BPTP, through its wholly-owned subsidiary Urban Realtech, has formed a joint development partnership with the landowner to create a residential group housing project on nearly 11 acres in Sector 39, Surajkund, Faridabad. Kabul Chawla, the chairman and managing director of the company, stated, “We believe this project has the potential to enhance our regional portfolio and deliver long-term stakeholder value.” The proposed project is set to encompass a developable area exceeding two million square feet. Published On Feb 22, 2026 at 05:00 PM IST Join a community of over 2M industry professionals. Subscribe to our newsletter for the…

Latest StoriesResidential

No Affordable Housing Projects in 2 Years: Gurugram & Faridabad Buyers Priced Out

GURUGRAM: The dream of affordable housing is fading for homebuyers. What was once a hopeful promise is quickly becoming a distant mirage for many middle-class families in Gurgaon and Faridabad. For potential buyers, the situation is increasingly frustrating. “We’ve been waiting for affordable projects for years, but there are hardly any new launches. The available options are priced at Rs 2–3 crore, far beyond our budget,” lamented Rajesh Kumar Srivastava, a Sector 70 resident employed in the private sector. The state’s flagship housing policy has not produced new projects, even as property prices climb beyond reach. This policy aimed to…

IndustryLatest Stories

Builders seek EDC relief, urge Haryana for affordable housing boost

NEW DELHI: Real estate developers in Haryana have put forth a comprehensive set of policy recommendations to the state government, aiming for immediate regulatory, fiscal, and infrastructure reforms to revive stalled projects, reduce compliance burdens, enhance housing affordability, and accelerate urban development. Developers are requesting an extension of relief measures under the one-time settlement scheme for outstanding license renewal fees and the ‘Samadhan Se Vikas’ policy for EDC recovery. They are also advocating for the removal of the condition that halts project approvals at a group level when EDC dues exceed ₹20 crore. The industry argues that this blanket application…

Latest StoriesResidential

Faridabad: Kot Residents Challenge New Land Plan in HC

GURUGRAM: Residents of Kot village in Faridabad have approached the Punjab and Haryana High Court regarding a new land consolidation plan. Their main concern is that the plan may deprive plots of access roads, leading farmers to resort to distress sales. This action follows the government’s recent withdrawal of an existing scheme, replaced by a new notification just three days later in October 2025. Yash Pal, the Director of Consolidation of Holdings, explained that the previous consolidation scheme for Kot was revoked because its conditions were deemed “not suitable or practical” and contradicted the Consolidation Act. Consequently, land was removed…

IndustryLatest Stories

Bhumika Group to invest ₹700 crore in Faridabad project

NEW DELHI: Bhumika Group has unveiled a mixed-use project named The Icon in Faridabad, with a substantial investment of ₹700 crore and an anticipated sales revenue of around ₹1,500 crore. The development will consist of 88 upscale low-density residential units in 3BHK + study configurations, as well as staff accommodation. The overall construction phase is projected to last four years and three months, with all 88 residential units included in the initial launch. Phase II will introduce a hotel tower with suites. Residential units are priced at ₹15,500 per sq. ft., and retail spaces are available for lease at ₹200–250…

IndustryLatest Stories

HSV Property Dealer Launches Online Urban Estate Resale Platform

Representative AI image CHANDIGARH: The Haryana Shehri Vikas Pradhikaran (HSVP) is poised to rebrand itself as a government-run real estate agency, a decision that may not be well received by private real estate agents and the general public. In response to a shortage of land, HSVP plans to facilitate allottees across its 30 urban estates to resell their properties through an e-auction platform. Allottees will need to express interest (EOI) and pay an initial facilitation fee of 0.25% of the offer price, followed by 0.50% of the final deal amount post-auction. The first e-auctions are scheduled for September 24-28 in…

InfrastructureLatest Stories

Over 6,700 Illegal Structures Found in Faridabad Forests

NEW DELHI: The Supreme Court-mandated Central Empowered Committee (CEC) has reported to the apex court that approximately 6,800 unauthorized structures, including farmhouses, schools, and government buildings, have been constructed on 780 acres of designated forest land in Faridabad, violating the Forest (Conservation) Act of 1980. In an interim report dated August 29, the committee noted that this land is recognized under the Punjab Land Preservation Act (PLPA) of 1900 and spans the villages of Ankhir, Anangpur, Lakkarpur, and Mewla Maharajpur. The committee highlighted that the area exhibits “all the attributes of forest land” as per the 1980 law and cannot…

Latest StoriesRegulatory

SC Seeks Early Hearing on Haryana’s S+4 Policy

GURUGRAM: The Supreme Court has dismissed a special leave petition (SLP) that contested Haryana’s stilt+4 construction policy, permitting the petitioner to seek interim relief from the Punjab and Haryana High Court. This case has generated significant public interest, particularly among residents and civic organizations who have raised concerns about uncontrolled urban expansion and its impact on infrastructure. The petition, submitted by Sunil Singh, challenged the Haryana government’s notification dated July 2, 2024, which authorizes stilt+4 floor constructions on residential plots. Critics argue that these developments further strain the city’s already burdened infrastructure, including water supply, sewage treatment, drainage systems, and…

InfrastructureLatest Stories

85 of 730 Illegal Structures Cleared in Faridabad’s Aravalis

GURUGRAM: In Faridabad, of the 730 forest areas protected under Section 4 of the Punjab Land Preservation Act (PLPA), about 85 have been cleared of encroachments. “Demolition drives began on June 11, targeting 85 locations identified during the survey,” stated a senior forest official. The PLPA prohibits construction, encroachment, and tree felling in these forest areas. “We are now focusing on larger structures like farmhouses. We’ve encountered resistance at certain sites, leading to two FIRs against individuals for damaging machinery and causing injuries,” he added. The Supreme Court, in its July 2022 ruling, mandated that all Aravali land protected under…