Tag: Gurugram

Latest StoriesRegulatory

NGT Requests CAQM Feedback on Builder’s Closure Notice Appeal

NEW DELHI: The National Green Tribunal has requested responses from the Commission for Air Quality Management (CAQM) in the National Capital Region and surrounding areas regarding an appeal from a Haryana-based construction firm contesting a closure notice. The tribunal was addressing a plea from Ramakrishna Buildwell Pvt Ltd, which challenged the closure notice issued by CAQM on April 30 of this year. On July 6, a panel led by NGT Chairperson Justice Prakash Shrivastava and expert member Afroz Ahmad noted that the company’s advocate mentioned the closure notice had previously been disputed in the Punjab and Haryana High Court, which…

Latest StoriesRera

Haryana RERA Rejects Neo Developers’ Unit Cancellation Notice

NEW DELHI: The Gurugram bench of the Haryana Real Estate Regulatory Authority (RERA) has annulled the cancellation notice issued by Neo Developers, deeming it invalid. This ruling pertains to the case of Suman Lata against Neo Developers, concerning a commercial unit in Neo Square, Sector 109, Gurugram. The complainant approached the authority to challenge the cancellation and requested that the developer honor the commitments specified in the builder-buyer agreement and memorandum of understanding. The authority highlighted that the allottee had made significant payments amounting to ₹84 lakh, despite the total basic sale price being ₹75 lakh. It ruled that the…

IndustryLatest Stories

Gurugram: Notices Issued to Illegal Buildings near Sultanpur Park

File Photo GURUGRAM: Nearly a week after identifying 183 alleged violations in the eco-sensitive zone (ESZ) of Sultanpur National Park, authorities commenced enforcement actions on Monday. Officials from various departments—including forest and wildlife, town and country planning (DTCP), Haryana State Pollution Control Board (HSPCB), and public health engineering (PHED)—inspected residential, commercial, and farmhouse properties within the designated ESZ to verify permits and construction status. Joint teams evaluated illegal structures, leading the forest department to issue initial notices and initiate demolition proceedings for under-construction buildings. This action marks a significant shift, as the forest department had rarely issued such notices independently…

IndustryLatest Stories

Haryana Limits Daily Property Registrations to 20 Appointments

Representative AI image CHANDIGARH: The Haryana government has announced a limit of 20 daily registration appointments per registration office at both tehsil and sub-divisional levels to enhance the efficiency of property registrations and minimize delays. The new token-based system, effective from Thursday, will issue daily and randomly generated tokens to eliminate any preferential treatment. Financial Commissioner of the Revenue and Disaster Management Department, Sumita Misra, has instructed all Deputy Commissioners to enforce this new arrangement rigorously. According to an official statement released on Friday, each district headquarters tehsil will issue 20 tokens per day randomly through the District Revenue Officer-cum-Joint…

InfrastructureLatest Stories

DTCP Resumes Demolition in Gurugram’s DLF Phase III

Representative Image GURUGRAM: The Department of Town and Country Planning (DTCP) has resumed its enforcement operations in DLF Phase 3 after a two-week hiatus, focusing on unauthorized constructions, illegal paying guest (PG) accommodations, and encroachments on public land, as per directions from the Punjab and Haryana High Court. The operation, led by district town planner (enforcement) Amit Madholia, targeted restoration of buildings to their original sanctioned layouts. This involved demolishing illegal constructions in stilt parking areas, sealing two PG accommodations, and clearing encroachments from the right of way (ROW) outside approximately 30 residences. Police and district administration personnel supported the…

Latest StoriesResidential

Aadhaar e-KYC, QR Code Required for Haryana Property Registration

GURUGRAM: The property registration process in Haryana has undergone a significant transformation. This new, technology-driven system aims to enhance speed, security, and transparency. Mandatory components include Aadhaar-based e-KYC (electronic know your customer), biometric authentication, and digital signatures for all property registrations. Moreover, every registered document will now feature a QR code for easy authenticity verification. The updated system is now in effect for all types of registrations throughout the state. Officials from the revenue department indicate that these reforms will simplify, expedite, and enhance the transparency of the property registration and mutation process. The QR code on registry papers is…

IndustryLatest Stories

Sobha Q1 FY27 Sales Reach ₹3,656 Crore

NEW DELHI: In Q1 FY27, Sobha achieved quarterly sales worth ₹3,656 crore, marking a 76% increase compared to the same quarter last year. The company sold 2.34 million sq ft this quarter, a year-on-year rise of 62%, across 1,432 homes and plots, representing a 78% increase. Their sales value share reached ₹2,992 crore, the highest for any quarter to date. Bengaluru’s sales accounted for ₹2,067 crore, contributing 56.5% of total sales this quarter. NCR recorded ₹1,384 crore in sales, which comprised 37.9% of overall sales. Kerala contributed ₹134 crore, or 3.7% of total sales, while other cities combined contributed ₹71…

InfrastructureLatest Stories

Illegal walls, buildings cleared from protected Aravali land

Representative Image GURUGRAM: On Thursday, approximately three acres of protected Aravali land in Behrampur village were liberated from illegal occupation. In a significant anti-encroachment operation in recent years, the forest department demolished 11 unlawful structures including buildings under construction and boundary walls. The demolitions occurred on land classified under sections 4 and 5 of the Punjab Land Preservation Act (PLPA), which is designated as part of the Aravali Plantation, where non-forest activities require statutory approvals. Using earthmovers, officials dismantled newly constructed brick structures and walls on the protected land. By midday, site debris including broken bricks and twisted steel bars…

IndustryLatest Stories

Raymond Realty logs ₹700 crore in Q1 FY27 pre-sales

NEW DELHI: Raymond Realty reported pre-sales of ₹700 crore in Q1 FY27, a significant increase of 129% compared to ₹306 crore in the same quarter of the previous fiscal year, according to the company’s provisional operational update. The company achieved this performance without launching any new residential projects during the quarter. Quarterly collections rose by 47% year-on-year to ₹550 crore, bolstered by the existing project pipeline. The company deployed ₹198 crore in borrowings during the quarter, primarily for construction and working capital of projects initiated in FY26. Total outstanding borrowings reached ₹1,097 crore as of June 30, 2026, versus ₹380…

Latest StoriesRera

Haryana RERA Orders BPTP to Refund Maintenance with 11% Interest

NEW DELHI: The Gurugram bench of the Haryana Real Estate Regulatory Authority (RERA) has ordered BPTP to refund ₹1,16,545 in maintenance charges to an allottee, along with an 11% annual interest from the date of collection until the amount is realized. This ruling was made in response to complaint no. 531 of 2024, lodged by an allottee of an apartment in Park Spacio, Sector 37D, Gurugram. The complainant asserted that the promoter compelled him to pay maintenance fees prior to the handover of the unit. He pointed out that the builder-buyer agreement did not provide for such advance payments. The…