Tag: Gurugram

Latest StoriesResidential

Haryana to Require Registration of Property Sale Agreements

GURUGRAM: Haryana’s Chief Minister Nayab Singh Saini has announced a proposal to mandatorily register Agreements to Sell in order to enhance transparency and legal protection in property transactions during the budget statement. Currently, these agreements are often made on plain paper or notarized privately, without official documentation. This lack of registration exposes buyers to risks such as fraud, double-selling, delayed possession, and lengthy litigation, as unregistered agreements carry lesser evidentiary weight in legal disputes. By requiring registration, the government aims to ensure that all property commitments are formally documented, time-stamped, and recorded with revenue authorities. This will help verify ownership,…

Latest StoriesRegulatory

SC directs CBI probe into DLF Gurugram housing project

NEW DELHI: The Supreme Court has instructed the Central Bureau of Investigation (CBI) to investigate issues pertaining to ‘The Primus’ residential project in New Gurgaon, developed by DLF Home Developers (DHDL), a wholly owned subsidiary of DLF, as stated in a BSE filing. According to the company, the inquiry stems from consumer complaints made by five allottees which were previously reviewed by the National Consumer Disputes Redressal Commission (NCDRC). The NCDRC issued its ruling on May 29, 2023. Both the complainants and DHDL filed appeals with the Supreme Court contesting the NCDRC’s decision. In a temporary ruling dated February 25,…

IndustryLatest Stories

Godrej Properties Snags 11 Acres in Gurugram, 5 Acres in Kolkata

Representative AI image NEW DELHI: Godrej Properties (GPL) has secured 11.36 acres of land in Sector 63A, Gurugram, for residential development via an outright purchase. This venture is projected to generate an estimated revenue of over ₹4,500 crore, featuring a combination of premium low-rise and high-rise residences. Gaurav Pandey, Managing Director & CEO, stated, “With this new project, we have successfully added over ₹40,000 crore in future sales potential through portfolio expansions in FY26, achieving twice our business development target for the fiscal year.” In a separate initiative, the company also won a bid in an e-auction conducted by the…

InfrastructureLatest Stories

Developers to Fund 24m Road Land in Gurugram Colonies

Representative AI image GURUGRAM: Chief Minister Nayab Singh Saini announced on Monday that the Haryana government will begin land acquisition to construct long-awaited 24-meter-wide roads in licensed colonies, with costs to be recovered from builders. During his budget speech, Saini emphasized the need for a permanent solution to the issue of narrow access roads, which will be addressed in 2026-27. He pointed out that many licensed colonies currently depend on access roads that reduce to just two karam (approximately 3.3 meters) and four karam (around 6.7 meters) in some locations, creating difficulties for numerous residents. Saini explained that the problem…

Latest StoriesRegulatory

CEO of Vipul Arrested for ₹6 Crore Fraud in Gurugram

GURUGRAM: A CEO of a real estate firm has been arrested for allegedly swindling several lawyers out of Rs 6 crore under the guise of investing their money in a high-return project, according to police reports on Sunday. The accused, Puneet Beriwala (62), CEO of Vipul Limited and a resident of Gurugram’s Sector 42, was detained on Friday. A local court has since placed him in police custody for two days. In a complaint lodged on October 1 last year, a group of lawyers claimed they invested Rs 6 crore in Vipul Limited in 2024, lured by Beriwala’s promise of…

InfrastructureLatest Stories

Crackdown on Illegal Floors, Offices, Colonies in Pataudi

GURUGRAM: On February 25th, illegal constructions were sealed and three unauthorized colonies were demolished in the Pataudi subdivision during an enforcement operation led by the town and country planning department, with police support. Officials explained that the actions were in response to complaints regarding unauthorized plotting in the city’s peripheral urban areas. The operation included the sealing of an illegal floor at Enkay Town Plaza in Palam Vihar, initiated by a complaint submitted through the CM Window grievance portal. Additionally, an unauthorized office operating within the Brisk Lumbini club, located in Sector 109, was also sealed for violating approved land…

Latest StoriesRegulatory

FIR Against 6 Directors in ₹5 Crore Gurugram Real Estate Fraud

GURUGRAM: An FIR has been filed against six directors of two real estate companies for fraud and criminal conspiracy. According to police, a resident of Sector 54 alleged that she was swindled out of ₹5 crore regarding a commercial project in Sector 57. The case has been registered under IPC sections 120B (criminal conspiracy) and 420 (cheating) at Sector 56 police station. The accused include Sanjay Gupta, Deepak Gupta, and Akshat Gupta, directors of Ameya Commercial Projects, as well as Anjali Gupta, Ekta Gupta, and Varuni Gupta, directors of Anek Estates and Ventures. Complainant Mridula Kumari claimed she was misled…

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 StoriesRera

Haryana RERA Directs Elan Buildcon to Pay Returns, Execute Deed

NEW DELHI: The Haryana Real Estate Regulatory Authority (H-RERA) in Gurugram has ordered Elan Buildcon to pay outstanding fixed returns to allottees of a commercial unit in its ‘Elan Miracle’ project located in Sector 84, Gurugram. Additionally, the company is required to execute the conveyance deed within three months while allowing limited recovery for increased super area and maintenance charges. The directive was issued on February 13, 2026. The complaint was lodged by two allottees of the ‘Elan Miracle’ project, which was initially allotted at 625 sq ft with a builder-buyer agreement executed on October 3, 2019. The total sale…

Latest StoriesRera

H-RERA Directs Parsvnath Hessa to Compensate Gurugram Buyers

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has ordered a developer to compensate a couple over ₹77 lakh due to delays in a project on Golf Course Road. Despite a delay of more than three years, the developer failed to deliver the apartment in the Parsvnath Exotica project located in sectors 53-54. Construction was halted for four years, and the necessary occupation certificate was not obtained despite numerous requests. On Tuesday, adjudicating officer Rajender Kumar directed Parsvnath Hessa Developers to pay ₹77.6 lakh to DLF II residents Raj Kumar Chawla and Indu Chawla for lost profits and an additional…