Latest Updates Around The World
Representative AI image NEW DELHI: Godrej Properties (GPL) has acquired 11.36 hectares of land for residential development in Sector 63A, Gurugram, through an outright purchase.This project will offer residential development with an estimated revenue potential of over ₹4,500 crore, comprising a mix of high-quality low-rise and high-rise residential properties. Gaurav Pandey, Managing Director and CEO […]
India’s luxury housing market has found a new leader in 2025, with Gurugram emerging as the country’s fastest-growing ultra-premium residential hub, a report said on Monday. The city recorded a whopping Rs 24,120 crore worth of transactions in homes priced at Rs 10 crore and above in the calendar year 2025, according to the latest […]
GURUGRAM: Over 300 families living in Ansal Heights in Sector 92 have appealed to the department of urban and rural planning (DTCP), Haryana, demanding urgent intervention after they alleged that the housing project has been occupied for almost a decade without a mandatory occupancy certificate (OC).According to a statement issued by residents on Sunday, the […]
NEW DELHI: A court here has sought an action report from the police on a plea seeking registration of an FIR and stringent action against the promoters of Gurugram-based commercial project “32nd Milestone” for alleged cheating, misappropriation of funds and large-scale financial irregularities.Judicial Magistrate Devanshi Janmeja issued a notice on the application on February 5 […]
NEW DELHI: The bankruptcy court has ordered admission of a Gurgaon-based real estate developer under the corporate insolvency resolution process (CIRP) in an application filed by IDBI Trusteeship Services after the company defaulted on its debts of around Rs 274 crore.The Chandigarh bench of the National Company Law Tribunal (NCLT) has also appointed Jayant Prakash […]
GURUGRAM: Demand for a review of Haryana’s affordable housing policy has increased, with stakeholders claiming that the scheme has virtually come to a standstill in Gurugram and Faridabad due to rising land and construction costs, an official said.According to officials of the Town and Country Planning Department (TCP), no new permission has been granted for […]
GURUGRAM: Affordable housing dream is slipping away for homebuyers. The promise of affordable housing is quickly turning into a mirage for thousands of middle-class families in Gurgaon and Faridabad.The situation is frustrating for buyers. “We have been waiting for affordable projects for years. But there are hardly any new launches. Whatever is available in the […]
GURUGRAM: The Haryana government has expanded its one-time scheme while tightening financial conditions to discourage delays by developers.The extension of the scheme – Samadhan Se Vikas – till March 31, 2026 is applicable for long-term external development charges (EDC) in licensing and change of land use (CLU) cases across the state. EDC are mandatory fees […]
GURUGRAM: The district town planner (enforcement) has directed the sub-registrar, Manesar, to halt real estate transactions related to Raheja Developers’ commercial project in Sector 84 after it emerged that the project’s license had expired on May 16, 2019.The permit, granted for a commercial colony of 2.3 hectares, was not renewed within the stipulated period, according […]
NEW DELHI: The Enforcement Directorate is expected to soon charge a Gurugram-based real estate company and its promoters in a multi-crore money laundering probe in connection with alleged irregularities in the Pradhan Mantri Awas Yojna (PMAY) and homebuyer fraud, official sources said on Sunday.Swaraj Singh Yadav, the MD and “key person” of the company called […]
