Tag: Gurugram

IndustryLatest Stories

Lack of Access Roads? OCs Denied for Projects, Says Haryana Minister

GURUGRAM: Following complaints from homebuyers about misleading promises from developers regarding wide roads and easy access to housing societies, the Haryana government is taking steps to tighten its approval system. On Saturday, Industries and Commerce Minister Rao Narbir Singh announced forthcoming policy changes aimed at ensuring builders adhere to established norms. Occupancy certificates will be withheld if 24- or 30-metre-wide roads shown in maps are not actually built. During a meeting with officials from HSVP, GMDA, and the Town and Country Planning Department, Singh emphasized that this issue has become increasingly common in Gurgaon’s newer sectors. The meeting was attended…

InfrastructureLatest Stories

NGT Requests Reports on Aravalis Farmhouses from Haryana, Rajasthan

GURUGRAM: The National Green Tribunal (NGT) requested compliance reports from the Haryana Pollution Control Board (HSPCB) and the Sohna Municipal Council during a hearing on Monday. Both entities were made respondents in an ongoing case addressing unauthorized construction and reconstruction activities in the ecologically sensitive Aravali hills of Raisina. Counsel representing Haryana and Rajasthan requested a four-week extension to submit their compliance reports concerning prior directions aimed at protecting the Aravalli hills. The bench approved this request, scheduling the next hearing for October 16. The bench, consisting of NGT Chairperson Justice Prakash Shrivastava and expert members Dr. A. Senthil Vel…

Latest StoriesRegulatory

Krrish Realtech diverted ₹205 crore from homebuyers to Colombo hotel: ED

GURUGRAM | NEW DELHI: A Gurugram realty company allegedly defrauded home buyers by collecting over Rs 500 crore for housing plots and misappropriating approximately Rs 205 crore for a hotel project in Sri Lanka, according to a chargesheet filed by the ED. The federal investigation agency is looking into various homebuyer fraud cases nationwide, particularly in the National Capital Region (NCR), where the real estate market is thriving. This specific inquiry involves Krrish Realtech, led by its promoter Amit Katyal, among others. Katyal was arrested in 2023 in a separate money laundering case linked to an alleged land-for-jobs scam with…

Latest StoriesResidential

Nine Years Later, Gurugram Housing Project Faces Fraud Claims

GURUGRAM: Over 100 homebuyers protested on Sunday, alleging that developer Swaraj Singh Yadav cheated more than 3,000 buyers in a project located in Sector 109. Holding placards and chanting slogans, the protesters gathered outside Legend Society in Sector 57, expressing their frustration with Ocean Seven Buildtech Pvt Ltd. A buyer from the stalled Expressway Towers remarked, “This is nothing short of fraud.” They claim that despite paying in full since the project’s inception in November 2016 under the Affordable Housing Scheme (PMAY), construction currently sits at only 65%, causing significant financial and emotional strain. In response, the company’s spokesperson clarified,…

IndustryLatest Stories

Gurugram RWAs demand GST cut on maintenance bills to 5%

GURUGRAM: Resident welfare associations (RWAs) have urged Haryana CM Nayab Singh Saini that essential services like security, water supply, and sanitation should not be subjected to luxury taxes. They are calling for a rationalization of the GST applied on monthly maintenance fees. In their appeal, they have asked Saini, who also oversees finance, to reduce the GST rate from 18% to 5% and to raise the exemption limit from Rs 7,500 to Rs 10,000 per flat per month. This request arises in light of PM Modi’s announcement on Independence Day, which stated that the GST framework would be revamped into…

Latest StoriesRegulatory

DTCP Warns Experion Developers, RWA Over Gurugram Layout Violations

GURUGRAM: The Department of Town and Country Planning (DTCP) has served a show-cause notice to a developer and a resident welfare association (RWA) over alleged violations of the sanctioned layout plan and licensing conditions as stipulated under the Haryana Development and Regulation of Urban Areas Act, 1975. The notice, dated August 20, 2025, addresses Experion Developers Pvt Ltd (previously Gold Developers Pvt Ltd) and the Windchants Condominium RWA in Sector 112, following a complaint about irregularities within the residential project. The notice mandates that Experion Developers and the Windchants Condominium Association promptly rectify the alleged infractions and revert the project…

IndustryLatest Stories

Landmark Group to invest ₹400 crore in Dwarka Expressway project

NEW DELHI: Gurugram-based Landmark Group is set to invest approximately ₹400 crore in the development of Landmark Skyvue, located in Sector 103 along the Dwarka Expressway. This new development marks phase II of the project, which spans 11 acres. Phase I, covering three acres, was completed in 2013, while phase III is anticipated to launch in FY26, encompassing four acres. The construction for phase II is estimated at ₹400 crore, with the company negotiating with State Bank of India (SBI) for around ₹200 crore in financing. The remaining construction costs will be covered through internal funds, bank loans, and client…

InfrastructureLatest Stories

Urbanizing Aravalis? Haryana Sets ‘Forest’ Definition for Laws

Representative Image GURUGRAM: Haryana’s government has officially defined “forest” for the first time, establishing a clearer framework for environmental laws that were previously uncertain. However, this definition is more restrictive than the Supreme Court’s guidance from a 1996 ruling, potentially excluding many areas that the same laws aim to protect. A notification issued on August 18 by the state’s forest, environment, and wildlife department states that land parcels of at least 5 hectares (equivalent to 10 football fields) or 2 hectares adjacent to designated forests, must have a canopy density of at least 40% to be labeled as ‘forest.’ This…

Latest StoriesRegulatory

Esencia RWA Gurugram Faces Probe Over Illegal Deals and Irregularities

GURUGRAM: The district registrar has appointed an inquiry officer to probe allegations of governance failures, unauthorized dealings, and financial misconduct against the governing body of Esencia RWA in Sector 67. This action follows complaints from residents who accused the RWA of entering an “illegal and malafide agreement” with a neighboring housing society, purportedly permitting access to lay water pipelines and electricity cables without necessary government approvals. Complainants also raised concerns over financial mismanagement, highlighting undisclosed bank accounts, the lack of audits, and money collected from vendors without approval from the general body. In an order issued on Tuesday, Col Vipin…

Latest StoriesRera

H-RERA Grants 11% Interest Compensation to OSB Buyers

GURUGRAM: Eight years later, many homebuyers of the OSB Expressway Towers project in Sector 109 still haven’t received possession of their flats. The Haryana Real Estate Regulatory Authority (HRera) has taken serious note of the delay, instructing the developer, Ocean Seven Buildtech Pvt Ltd, to compensate the buyers with 11% interest for the period of default. This amount must be settled within 90 days, and any outstanding dues from the buyers must be cleared within 60 days. The directive was issued by HRera member Ashok Sangwan during hearings involving complainants Pinky and Ojaswi Yadav. The complainants allege that the builder…