Tag: Haryana RERA

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SC Directs Parsvnath Developers to Report Pending Cases

NEW DELHI: The Supreme Court on Monday instructed Parsvnath Developers and its directors to submit a status report regarding ongoing cases brought by distressed homebuyers against them, detailing the current status of each matter. The court also ordered the real estate company to complete the construction of a dwelling unit booked by Rita Tikku, a cancer survivor, and Lokaish Tikku, who invested their life savings in the ‘Parsvnath Exotica’ project in Sector 53, Gurugram, within a week. A bench composed of Chief Justice Surya Kant along with Justices Joymalya Bagchi and V Mohana was reviewing a plea submitted by the…

Latest StoriesRegulatory

SC Gives Parsvnath a Week to Pay Homebuyer Dues or Face Jail

NEW DELHI: On Monday, the Supreme Court provided Parsvnath Developers with one final week to comply with orders favoring homebuyers in Gurugram. They must deposit the full amount along with 12% interest with the court registry. The bench, including Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana, issued strong warnings to the real estate firm and its directors, stating that failure to comply could lead to imprisonment. “The entire country has been misled,” the Chief Justice remarked, threatening jail time if they do not adhere to the orders within a week. He emphasized that they are treating…

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Haryana RERA Orders Godrej to Deliver Delayed Flats, Pay Interest

GURUGRAM: After eight years of delays in a Sohna residential project, the real estate regulator has instructed the developer to transfer possession of the unit to buyers and pay interest for the delay until the handover occurs. The Haryana Real Estate Regulatory Authority (HRera) also prohibited Godrej Highview from imposing any unapproved charges and provided any necessary relief. The buyers — Ravi Kant Thakral, Minakshi Thakral, and Anuj Thakral — contended that their apartment in Sector 33 was supposed to be delivered by June 30, 2023. They purchased the flat in Tower T4 of the Godrej Nature Plus project in…

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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…

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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…

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Haryana, UP RERA Approve ₹35,000 Crore in Real Estate Projects

NEW DELHI: The real estate regulatory authorities in Haryana and Uttar Pradesh have approved projects worth over ₹35,000 crore. The Gurugram bench of Haryana RERA sanctioned 51 real estate projects between January and June 2026, totaling nearly $4 billion in investment. Notably, 11 of these projects represent a combined investment of around ₹25,000 crore. The 51 approved projects consist of 16,727 units, which include 15,403 residential units, 1,084 commercial units, and 240 industrial units. The authority highlighted that these approvals indicate ongoing interest from developers and investors in the Gurugram real estate sector, which attracted nearly ₹87,000 crore across 131…

Latest StoriesRegulatory

ED Seizes ₹503 Crore Assets from Raheja Developers

NEW DELHI: The Enforcement Directorate (ED) announced on Monday that it has attached fresh assets valued at approximately Rs 503 crore as part of an ongoing money-laundering investigation into alleged fraud involving homebuyers by Raheja Developers and its promoter Navin M Raheja. The agency issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA). The attachment includes immovable properties worth an estimated Rs 503.48 crore, belonging to Raheja Developers Ltd. as well as properties owned by Navin M Raheja and his family members, as stated by an official announcement. This probe originated from multiple FIRs filed by…

Latest StoriesResidential

Gurugram: Buyers of 2016 Stalled Project Fume Over Email Claim

GURUGRAM: Homebuyers of the stalled Expressway Towers affordable housing project in Sector 109 have reached out to Haryana’s top officials, alleging the misuse of official email channels to influence proceedings related to the delayed project. In a letter addressed to Haryana chief secretary Anurag Rastogi, additional chief secretary (town and country planning) Anurag Agarwal, DTCP director Amit Khatri, and HRera Gurgaon chairman Arun Kumar, the association reported that emails from a group of 33 allottees opposing a proposed takeover of the project were shared through official channels and formed the basis for HRera’s communications to DTCP. The association is calling…

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Haryana RERA Takes Action Against Nitara Projects for Non-Registration

NEW DELHI: The Haryana Real Estate Regulatory Authority (HARERA), based in Gurugram, has launched suo motu proceedings against Nitara Projects for purported violations of the Real Estate (Regulation and Development) Act, 2016. The authority acted under Section 35 of the Act upon noticing that the promoter was allegedly involved in the development, marketing, and sale of residential floors without obtaining the necessary project registration as mandated by Section 3(1) of the Act. HARERA indicated that the promotional materials and advertisements from the company failed to include essential information, such as the RERA registration number, the authority’s website, and the Department…

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Haryana RERA’s Gurugram Bench Approves 35 Projects (Jan-Apr 2026)

NEW DELHI: The Haryana Real Estate Regulatory Authority (HARERA) – Gurugram bench has approved 35 projects in the first four months of 2026, with 23 of them being residential. To date, a total of 1,057 projects have received approval, of which 825 are residential. HARERA has introduced several reforms, including improved scrutiny of information submitted by real estate developers during project registration, mandatory site inspections by experts, quarterly progress report filings, and public consultation via public notices as a requirement for project registration. The authority has also resolved all pending complaints filed up to 2024. Published On May 8, 2026…