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…

Latest StoriesResidential

Ajit Jain of Berkshire Hathaway Purchases ₹85 Crore Gurugram Flat

Image for representation NEW DELHI: Ajit Jain, vice-chairman of insurance operations at Berkshire Hathaway, has purchased a 7,400 sq ft apartment at DLF The Camellias in Gurugram for approximately ₹85 crore, according to sources familiar with the transaction. Jain, who typically resides outside India, traveled to Delhi recently to complete the deal. “NRIs account for over 25% of DLF’s ultra-luxury market, and Jain is a leading figure among them,” noted a source involved with the transaction. “The extensive amenities in such projects are major attractions for individuals who want temporary residences in India.” Jain did not respond to inquiries via…

IndustryLatest Stories

Major Urban Expansion Planned in Haryana: HSVP to Acquire Land

GURUGRAM: The Haryana Shahari Vikas Pradhikaran (HSVP) has initiated an expansive land procurement plan aimed at developing new residential and commercial areas in the state, the first such effort in the city in 20 years. This initiative seeks to alleviate pressure on existing urban centers while ensuring a consistent supply of serviced plots according to planned development norms. HSVP aims to acquire approximately 1.8 lakh acres statewide, with 23,739 acres earmarked for the city, to be implemented in three phases. New sectors are anticipated to launch in the first half of 2026. The procurement process will utilize direct purchase and…

InfrastructureLatest Stories

Nine multi-story buildings demolished on KMP link in Gurugram

GURUGRAM: Authorities recently concluded a five-day demolition campaign, removing nearly 100 encroachments along a crucial 1.5-km stretch of the Farrukhnagar-Daboda road, connecting to the KMP Expressway. The operation was initiated to alleviate traffic congestion and restore the road to its approved width of 60-66 feet. Many areas had narrowed to just 35-40 feet, causing frequent traffic issues and safety risks. Led by duty magistrate RS Batth, the operation lasted 8-9 hours each day, ending on Tuesday. Officials confirmed that the effort was preceded by demarcation from the revenue department and extensive communication with local shopkeepers and residents to secure their…

InfrastructureLatest Stories

Gurugram: 450 Shanties Demolished Along Golf Course Road

GURUGRAM: In a continued effort to address unauthorized encroachments along the Golf Course Road, district authorities conducted a demolition drive on Saturday in Saraswati Kunj, Sector 53, removing approximately 450 shanties occupying nearly two acres. This operation, assisted by police from the Sector 53 station, was carried out smoothly with no significant law and order issues, according to officials. The enforcement teams indicated that these structures were erected illegally on designated land and were removed following prior complaints and notifications. This action aims to curb further encroachments and safeguard public land and access routes in the area. Saraswati Kunj, established…