IndustryLatest Stories

Haryana to Restart Stilt-plus-Four, Gurugram Ban Only

CHANDIGARH: The Haryana government is set to allow “stilt-plus-four” floor constructions across most of the state, following a court clarification indicating that a recent ban only pertains to Gurugram. This development has revived optimism among property developers and homeowners, as the Punjab and Haryana High Court has narrowed its previous stay. On April 27, a bench led by Chief Justice Sheel Nagu and Justice Sanjiv Berry clarified that the interim stay issued on April 2 was linked specifically to infrastructure and encroachment concerns in Gurugram, leaving other districts eligible for the high-density residential policy. Senior officials from the Town and…

InfrastructureLatest Stories

Haryana to Mandate EV Charging Points in Societies, Malls, Offices

Representative Image GURUGRAM: The Haryana government has proposed changes to the Haryana Building Code, 2017, mandating EV charging infrastructure in both residential and non-residential projects to enhance EV adoption in the state. The Department of Town and Country Planning (DTCP) has announced a public notice requesting feedback from stakeholders within 30 days, with a deadline set for May 26. The draft amendments state that EV charging infrastructure will be excluded from Floor Area Ratio (FAR) calculations, a move anticipated to motivate developers to incorporate these facilities without affecting the built area. The proposal outlines clear guidelines for installing electric charging…

InfrastructureLatest Stories

MCM Sets April 27 Deadline for Manesar Land Survey

Representative Image GURUGRAM: The Municipal Corporation of Manesar (MCM) has announced April 27 as the deadline for completing the digital land survey under the Centre’s ‘Naksha’ initiative. Officials are encouraging residents to support field teams to ensure the accuracy of records. During a review meeting on Thursday, MCM Commissioner Pradeep Singh assessed the survey’s progress and instructed teams to expedite their work. According to officials, the survey, conducted across villages, residential sectors, and commercial areas, aims to create a digital database of all land parcels in Manesar. Teams are visiting properties to gather ownership documents and map land using drones…

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 StoriesRegulatory

ED Seizes ₹944 Crore in Properties Linked to Housing Fraud

NEW DELHI: The Enforcement Directorate (ED) has seized immovable assets valued at approximately Rs 944 crore under the Prevention of Money Laundering Act. This action is tied to allegations of failure to deliver housing units to more than 1,500 homebuyers in Haryana and Rajasthan, officials reported on Monday. The affected projects are situated in Palwal, Faridabad, Rewari, and Bhiwadi, where buyers allegedly did not receive possession even after making payments, the agency stated. In a recent announcement, the ED indicated it “has provisionally attached immovable properties worth about Rs 944 crore, owned by Piyush Colonisers Limited, former promoters of the…

Latest StoriesRegulatory

HC Upholds Haryana’s ‘Stilt-Plus-Four’ Policy in Homes

CHANDIGARH: In a significant development for the real estate sector in Haryana, the Punjab and Haryana High Court issued an interim order on Thursday, halting the state government’s “stilt-plus-4 policy.” This policy permitted the construction of four-storey homes in various residential sectors and colonies. This interim measure will remain until the court reaches a final ruling on several petitions that oppose the policy. “Due to prolonged arguments attributed to the counsels of both parties, the court finds it appropriate to refrain from commenting on the validity of the notification dated July 2, 2024, issued by the additional chief secretary of…

IndustryLatest Stories

Haryana Updates Collector Rates with Data-Driven Approach

CHANDIGARH: The Haryana government has updated the collector rates throughout the state using a transparent, data-driven approach that reflects current market values, according to an official spokesperson on Tuesday. The revision is based on an analysis of the top 50% of property registrations in each segment where transaction values exceeded existing collector rates, ensuring alignment with market trends. No increases have been made in segments where transaction values rose by up to 20% above the current rates. For other segments, rate adjustments have been applied in increments as follows: 15% for a 20-35% variation, 25% for 35-70%, 30% for 70-100%,…

IndustryLatest Stories

Haryana Approves Mixed Land Use Policy, Unlocks Pending Projects

Representative Image CHANDIGARH: On Tuesday, the Haryana cabinet approved a new policy to regulate the use of land designated for mixed-use in development plans, facilitating projects that were previously on hold due to unclear guidelines. Mixed-use zones permit a blend of residential, commercial, institutional, and occasionally industrial activities. However, the lack of specific usage ratios had hindered approvals. According to the new policy, residential, commercial, and institutional activities will be allowed without a fixed percentage limit, provided they adhere to zoning and planning regulations. Industrial usage, where already authorized, will remain capped at current levels, prohibiting further expansion. However, landowners…

InfrastructureLatest Stories

Land Cleared for New Buildings at Damdama Basin, Aravalis

Representative AI image GURUGRAM: Significant alterations have been made to the land near Damdama Lake, including tree removal and the extension of an electricity line, to accommodate new buildings within this protected Aravalis zone. A 3km kuccha road has been created, running through the catchment area — a region safeguarded under the Punjab Land Preservation Act (PLPA) which prohibits non-forest activities. The road begins behind the Damdama Tourist Complex managed by the Haryana tourism department and traverses the lake basin, linking newly constructed concrete structures. Initially 1.5km long in 2021, the road has now expanded to 3km, despite previous efforts…

Latest StoriesResidential

Haryana to Require Registration of Property Sale Agreements

GURUGRAM: Haryana’s Chief Minister Nayab Singh Saini has announced a proposal to mandatorily register Agreements to Sell in order to enhance transparency and legal protection in property transactions during the budget statement. Currently, these agreements are often made on plain paper or notarized privately, without official documentation. This lack of registration exposes buyers to risks such as fraud, double-selling, delayed possession, and lengthy litigation, as unregistered agreements carry lesser evidentiary weight in legal disputes. By requiring registration, the government aims to ensure that all property commitments are formally documented, time-stamped, and recorded with revenue authorities. This will help verify ownership,…