Tag: Gurugram

Latest StoriesRegulatory

Punjab & Haryana HC paves way for FIR vs Emaar India in dispute

CHANDIGARH: The Punjab and Haryana High Court has dealt a setback to Emaar India Ltd, denying its request to quash an FIR that includes allegations of cheating, fraud, and criminal conspiracy against the firm. Justice Mandeep Pannu issued the ruling while rejecting a petition from Emaar India, which sought to dismiss an order from a Gurgaon additional chief judicial magistrate that authorized the FIR against the company and its officials. The case arises from a complaint by Synergy Finhub LLP, which alleges that Emaar India and certain officials were involved in a “well-coordinated” scheme of deception. Central to the allegations…

Latest StoriesRera

RERA Orders Imperia Structures to Compensate Homebuyers ₹55L

NEW DELHI: The Haryana Real Estate Regulatory Authority (Haryana RERA) in Gurugram has mandated Imperia Structures to compensate homebuyers ₹55 lakh for loss of property appreciation, in addition to amounts for mental distress and legal fees. This decision follows a complaint by Harjeet Kaur Dhillon and HS Dhillon concerning a residential unit in ‘The Esfera’ project located in sector 37C, Gurugram. Alongside the ₹55 lakh for appreciation loss, the adjudicating officer has ordered the builder to pay ₹1 lakh for mental distress and ₹50,000 for legal expenses. The buyers had booked their apartment in November 2013, with a promised possession…

IndustryLatest Stories

Gurugram’s Palam Vihar: Illegal Housing Units Targeted

GURUGRAM: Authorities are set to seal numerous illegally constructed dwelling units in Palam Vihar. The Department of Town and Country Planning (DTCP) has also mandated the disconnection of electricity, water, and sewer services to these properties. The director’s order emphasizes that previous actions were “insufficient” in addressing violations, requiring stricter compliance in the future. This enforcement follows a directive from the Punjab and Haryana High Court issued in May 2025, in response to a petition by local residents. The court requested that authorities investigate the situation and issue a “reasoned order within six weeks.” In light of a new representation…

Latest StoriesResidential

2,700+ EWS families find homes in Gurugram housing project

GURUGRAM: On Monday, a total of 2,709 EWS families received flats under the Chief Minister Housing Scheme, marking the realization of their long-held dream of homeownership. Each beneficiary will receive a 200 sq ft flat for a maximum cost of ₹1.5 lakh. The flats are part of group housing projects approved by the Department of Town and Country Planning (DTCP) and developed by private firms including Emaar, M3M, DLF, Vatika, Ireo, Sobha, and Godrej. The Haryana Urban Development Authority conducted the allotment at the Gurgaon University campus via an online lucky draw. The event was supervised by district nodal officer…

IndustryLatest Stories

Gurugram to Penalize Builders Delaying Audit Work

Gurugram: The district administration has issued a warning to builders regarding their obligation to perform repair work as detailed in structural audit reports. This warning was announced by an official on Tuesday. The discussion arose during a meeting led by Deputy Commissioner (DC) Ajay Kumar, which included builder representatives and Residents Welfare Associations (RWAs) from 15 societies that are part of the initial phase of the structural audit process. It was highlighted that although structural audits have been finalized in several societies, the recommended repair and improvement activities have not commenced within the expected timeline, as per an official statement.…

Latest StoriesRera

Haryana RERA Orders ₹21 Lakh for Delayed Flat Booking in 2008

GURUGRAM: A local developer has been ordered to compensate a homebuyer due to delays in delivering possession of a residential unit. Additionally, a refund of the invested amount “does not prevent further compensation,” as stated by the Haryana Real Estate Regulatory Authority (Hrera) – the buyer is set to receive over Rs 21 lakh. This order, issued on March 17, followed a complaint filed by Nishant Mehra against Ramprastha Promoters and Developers. The residential unit in Sector 37D, part of the Edge Towers project within Ramprastha City, was initially promised for delivery by August 2012. The developer is required to…

Latest StoriesRegulatory

ED Recovers ₹650 Crore for 2,300 SRS Realty Home Buyers

NEW DELHI: The Enforcement Directorate has returned immovable assets valued at ₹650 crore to over 2,300 home buyers as part of its ongoing investigation into money laundering involving the Faridabad-based SRS Group, according to officials. They noted that a specific provision in the Prevention of Money Laundering Act (PMLA) in Gurugram enabled the federal agency to undertake this action under anti-money laundering regulations. The ED’s Gurugram zonal office has effectively restored assets worth approximately ₹650 crore to 2,312 legitimate home buyers who were reportedly cheated in SRS projects, officials confirmed. It is alleged that the promoters and executives of SRS…

IndustryLatest Stories

Signature Global projects ₹35,000 crore cash flow, invests in RMZ

NEW DELHI: Signature Global anticipates generating approximately ₹35,000 crore in free cash flow from its current and future portfolio as the company expands into commercial real estate in partnership with RMZ, according to Chairman and Whole-Time Director Pradeep Kumar Aggarwal. In an exclusive interview with Ankit Sharma, Aggarwal highlighted the company’s confidence in the long-term potential of Gurugram’s Grade A office market and how the RMZ collaboration aims to establish a robust platform for substantial office developments. He noted that their low net debt position, projected to approach zero following this transaction, provides the opportunity to develop long-term, income-generating assets…

IndustryLatest Stories

Gurugram Developers, RWAs Must Submit Structural Safety Reports

GURUGRAM: The district administration is organizing a meeting with developers and representatives from various residents’ welfare associations (RWAs) to discuss complaints regarding the lack of implementation of recommended repairs from structural audit reports of residential buildings. The meeting will be chaired by Deputy Commissioner Ajay Kumar on March 17, as stated by officials from the Department of Town and Country Planning (DTCP). Developers and RWA representatives have been instructed to present status reports on the actions taken so far. According to DTCP, residents have raised concerns that the repair and strengthening recommendations made in structural audits of several group housing…

InfrastructureLatest Stories

DTCP Dismantles Illegal Colonies and Structures in Gurugram

GURUGRAM: In a stern warning to encroachers, the Department of Town and Country Planning (DTCP) conducted several demolition drives this week, targeting illegal constructions in Sadhrana, Bhondsi, and within a group housing society in Sector 89. A DTCP official stated that these actions are part of a heightened campaign against unauthorized plotting and building. “The objective of such drives is to curb encroachment at an early stage, ensuring buyers aren’t misled into purchasing in unauthorized developments,” he explained. The operations were supported by personnel from the Sector 10A and Bhondsi police stations. On Wednesday, an unauthorized colony in Sadhrana village…