Tag: Gurugram

Latest StoriesRegulatory

Missing Papers Halt 2.5 Lakh Property Deals in Gurugram

GURUGRAM: The Income Tax (I-T) department is investigating approximately 2.5 lakh property transactions, worth over Rs 3 lakh crore, in the north-west region of India, according to officials. Many of these substantial transactions stem from Gurgaon and Faridabad. Revenue offices in these areas have either neglected to report transactions or submitted incomplete or erroneous PAN details, causing significant obstacles in tax verification efforts. Over the past year, the Directorate of Intelligence and Criminal Investigation (Chandigarh) has conducted over 40 surveys and spot verifications across revenue offices in Punjab, Haryana, Himachal Pradesh, and various Union Territories, including Chandigarh, Jammu & Kashmir,…

InfrastructureLatest Stories

Govt to Demolish DLF-1 in Gurugram After HC Stays S+4 Policy

Representative AI image GURUGRAM: Following a stay on the stilt-plus-four-floor (S+4) policy by the Punjab and Haryana High Court, the government has initiated a systematic crackdown aimed at removing illegal house extensions that encroach on public pathways. The enforcement efforts will kick off this Saturday in DLF-1. District Town Planner (Enforcement) Amit Madholia has urged residents to voluntarily dismantle encroachments to avoid demolition. Additional Chief Secretary (Town and Country Planning) Anurag Aggarwal issued the directive on April 16, instructing agencies to rectify right-of-way violations by April 22. The high court, in its review of petitions including Sunil Singh vs. State…

InfrastructureLatest Stories

Gurugram to Offer Doorstep Demolition Waste Pickup and Inspections

Representative AI image GURUGRAM: The Municipal Corporation of Gurugram (MCG) is set to initiate a door-to-door collection of construction and demolition (C&D) waste while enhancing disposal measures. Between January and March of this year, the civic body conducted 646 inspections at construction sites to boost enforcement. These updates were discussed during a review meeting held by the Commission for Air Quality Management (CAQM) last Friday. An official stated that this initiative is part of a larger strategy to improve waste management and minimize dust pollution, both crucial for addressing the city’s worsening air quality. MCG Commissioner Pradeep Dahiya elaborated on…

IndustryLatest Stories

Signature Global invests ₹2,891 crore in Gurugram with Tonino Lamborghini

Representative AI image NEW DELHI: Signature Global (India) has formed a strategic alliance with the Italian lifestyle brand Tonino Lamborghini to launch a residential project in Sector 71, Gurugram, valued at approximately ₹4,000 crore. The project will cover around 12.4 acres along Southern Peripheral Road, offering 812 residential units in 3, 4, and 4.5 BHK layouts. The development cost is estimated at ₹2,891 crore, as stated in the company’s filing. The partnership will operate under a brand licensing agreement, where Tonino Lamborghini will provide design insights and lend its brand identity, while Signature Global will handle development, execution, and sales.…

Latest StoriesResidential

Haryana Okays Housing for 2,646 PMAY-Urban Beneficiaries

CHANDIGARH: The Haryana government has made significant strides towards offering affordable housing for urban poor and middle-class families, approving housing projects for 2,646 beneficiaries across 60 urban local bodies (ULBs) on Tuesday. The decisions were taken during a session of the state-level sanctioning and monitoring committee under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0. The meeting, led by Chief Secretary Anurag Rastogi, highlighted the state’s progress in executing the central government’s housing initiative aimed at providing pucca houses to families in the economically weaker section (EWS), lower income group (LIG), and middle income group (MIG) in urban areas. Mohammed Shayin,…

Latest StoriesRera

Gurugram: Vatika Ordered to Pay ₹62 Lakh for Delayed Plot Handover

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has mandated realtor Vatika Ltd to pay Rs 62.4 lakh in compensation to a couple after it failed to deliver a residential plot on time, according to an order dated April 7, 2026. Homebuyers Vinay Kumar and Shalini Kumari purchased a 240 square yard plot in the developer’s ‘Vatika India Next’ project in Sector 85 back in 2010. The agreed purchase price was Rs 62.7 lakh, with possession promised by July 27, 2013. The authority discovered that the assigned plot was not included in the approved layout, and no development had occurred…

Latest StoriesRegulatory

ED raids Gurugram’s 32nd Avenue over ₹500 crore scam

NEW DELHI: On Monday, the Enforcement Directorate executed raids targeting a real estate group based in Gurugram as part of an investigation into an alleged ₹500 crore fraud involving investors, officials reported. Authorities searched seven locations associated with the entity known as 32nd Avenue, which operates in Delhi-NCR and Goa. The company or its promoter has not yet responded to requests for comment. According to ED officials, the case arises from multiple FIRs filed by Haryana Police, prompted by complaints from investors who claim to have been defrauded by the group. The promoter-directors of the group are currently either evading…

IndustryLatest Stories

Haryana Updates Housing Policy: Requires One Parking Space per Unit

Representative Image NEW DELHI: The Haryana government has updated its Affordable Housing Policy, 2013, adjusting parking requirements and increasing allotment rates for residential units in cities like Gurugram and Faridabad. According to the updated policy, developers are now required to provide one equivalent car space (ECS) for each dwelling unit. The cost for this parking will be limited to 10% of the flat’s purchase price. Additional parking can be allocated for visitors or two-wheelers, with designated slots to be specified during building plan approvals. For ongoing projects lacking these parking provisions, developers must secure consent from at least two-thirds of…

IndustryLatest Stories

OC Probe Expands: 14 of 22 Gurugram Buildings Incomplete

Certainly! Here’s a rewritten version of the content: GURUGRAM: An investigation into violations related to occupation certificates (OCs) is gaining momentum. Following a TOI report that revealed the issuance of OCs for incomplete buildings in Gurgaon, further violations have been identified on a larger scale. On Thursday, a joint inspection by the CM Flying Squad and the Department of Town and Country Planning (DTCP) assessed several sites in Sector 70A, uncovering significant irregularities in OC issuance. Out of approximately 22 buildings inspected, at least 14 were discovered to be unfinished. Sources indicate that a list of architects associated with the…

Latest StoriesResidential

Gurugram OC Scam: Buildings Ready but Without Lifts, Parking

GURUGRAM: The occupation certificate (OC) scam in licensed neighborhoods has expanded, as investigations by TOI reveal significant discrepancies between approved documents and actual construction conditions. Buildings listed as completed on paper are nowhere near ready in reality. For instance, two structures—one in South City-2 and another in Sector 61—were found unfinished, missing plaster, lifts, parking, and essential safety features, despite being declared complete under the self-certification system. At a site in South City-2, the building showed exposed bricks, unfinished staircases, and no installed lifts. Workers were still plastering interiors, with loose electrical wiring hanging from the walls, even though the…