Under Chief Minister Manohar Lal Khattar's leadership, the Haryana government is taking comprehensive measures to address the issue of unauthorized commercial establishments encroaching on residential areas. These initiatives include the establishment of an Integrated Command and Control Centre in Ambala to enhance security and traffic management, and the formulation of a policy to designate areas with commercial establishments within residential zones as official commercial areas. The government is also conducting a city-wide survey to identify locations in need of CCTV surveillance integration into the Police Integrated Command and Control Centre. These proactive steps reflect the government's commitment to responsible urban development and efficient governance in Haryana.Read more

Tulip Infratech, a prominent real estate developer, is injecting Rs 280 crore into phase 2 of the Tulip Monsella project in Gurgaon's Golf Course Road. This investment aims to develop 350,000 square feet of residential space. Tulip Infratech acquired the property from PNB Housing Finance in 2020 after the project's original borrower, Vipul Ltd., defaulted on a Rs 412-crore loan. The comprehensive project, spanning 20 acres, is valued at over Rs 5,000 crore. Tulip plans to build ten luxurious residential buildings, a 600,000-square-foot commercial tower, and an 80,000-square-foot commercial tower. This initiative also helps 200 stuck homebuyers.Read more

Eldeco Group has acquired 8.5 acres of land in Gurugram's Sector 80 for ?165 crore through an auction by Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). They plan to invest an additional ?400 crore in constructing an 850,000-square-foot luxury residential development with an Aravali view. The project is expected to generate ?1,000 crore in revenue. Eldeco, having completed 175 projects covering 30 million square feet, aims to start construction this financial year. The Haryana government's active land auctions are expected to boost housing launches in the second half of the financial year, driven by rising demand.Read more

The DFC has approved a $20 million long-term loan for Ummeed Housing Finance in Gurgaon, India. This funding aims to support affordable housing for economically disadvantaged and middle-income groups. The DFC will provide the loan at a fixed interest rate of 4.25 percent over 15 years. Ummeed plans to utilize the loan to offer extended-term credit for home purchases, construction, and extensions, diversifying its liability portfolio. The cost of borrowing, including hedging expenses over five years, is estimated at 8–9 percent. The company intends to finance around 2,000 low-value mortgages with this funding, promoting affordable housing access in India.Read more

The Municipal Corporation of the City of Gurgaon (MCG) Taxation Wing has issued a stern warning to a private agency responsible for distributing property tax documents. A complaint alleged that the agency left tax bills on the road instead of delivering them directly to the recipients. The agency had been contracted by the MCG to distribute these documents, but it failed to follow proper procedures, including obtaining acknowledgment from recipients. This oversight has hindered the maintenance of accurate property tax records, impacting property owners and the efficient functioning of the MCG's taxation processes. The MCG is taking corrective measures to rectify these issues.Read more

The Brisk Lumbini project in Sector 109 of Gurugram is facing discord between the Resident Welfare Association (RWA) and the developer following a structural audit. The RWA is demanding greater transparency and involvement in the repair process due to concerns about the quality of work, while the developer remains unresponsive. District authorities have intervened, and the dispute centres on communication, repair standards, and conflicting interests between the RWA and the developer.Read more

The Municipal Corporation of Gurgaon (MCG) has made significant strides in revenue generation, amassing Rs 150 crore in property tax since April 1 this year, achieving 30% of its annual target. The MCG has set an ambitious goal to reach Rs 500 crore in property tax revenue for the fiscal year 2023–24. In a recent review meeting, Commissioner PC Meena emphasized the need to accelerate property tax income and address complaints efficiently. The MCG also faces challenges with streetlight issues and road repairs. Meena sternly warned officials against unresolved complaints, pledging stringent action if necessary.Read more

According to data from the Haryana State Pollution Control Board, only 34% of the necessary anti-smog guns have been placed at large building sites in Gurugram, with 66% still pending. These tools aid in reducing air pollution, particularly in the winter. For building sites between 5,000 and 10,000 square meters, the standards call for at least one anti-smog gun, with bigger sites needing several. Gurugram now has a decent air quality, but experts predict that it will get worse. If anti-smog guns are not installed after a week's notice, environmental officials intend to fine violators. These tools are crucial for combating the pollution in the area.Read more

SS Group has unveiled its luxury project, SS Cendana Residences, in Sector 83 of Gurgaon. The opulent complex spans 8 acres and includes 10 high-rise towers designed by renowned architect ARCOP. It offers a wide range of amenities, catering to various interests and age groups. The project aims to provide a self-contained luxury living experience and reflects SS Group's commitment to delivering upscale homes in prime locations. With its thoughtfully planned design and amenities, SS Cendana Residences is set to redefine modern luxury living in Gurgaon, making it an attractive option for premium homebuyers in the area.Read more

Despite the impending winter air quality crisis in Delhi-NCR, only 220 out of 3,000 construction sites in Gurugram have registered on the dust portal. Launched by the Haryana government in response to air quality concerns, the portal monitors pollution levels at construction sites and enforces compliance with emission reduction rules. Haryana State Pollution Control Board officials have vowed to take strict action against non-compliant sites. However, construction agencies cite the high costs involved in compliance, particularly for smaller projects. This highlights the need for a more concerted effort to combat air pollution in the region.Read more

Following a collective request from 28 unit holders invested in the Gurugram-based 'Imperia Mindscape' project, the National Company Law Tribunal (NCLT) has ruled in favour of initiating insolvency proceedings against Imperia Structures. The tribunal's decision is grounded in a thorough review of financial records, revealing an outstanding debt of Rs 36.79 crore due to Imperia Structures' inability to fulfil promised assured returns. This development highlights the growing concerns surrounding the realty firm's financial obligations and underscores the urgency of addressing these issues through the insolvency process.Read more

Whiteland Corporation, a Gurugram-based real estate developer, has announced a strategic collaboration with Shapoorji Pallonji E&C for their residential projects, The Aspen & Aspen Iconic. Located in Gurugram's sector 76, these projects encompass 3.3 million square feet of construction area and feature 11 towers ranging from 30 to 43 stories. Shapoorji Pallonji E&C, known for its construction expertise, will contribute to the projects' execution. Whiteland aims to set new standards in the real estate industry through this partnership, which has been carefully crafted to ensure the successful delivery of these prestigious developments.Read more

The Department of Town and Country Planning (DTCP) has issued a notice to Vatika Group regarding issues raised by allottees of the Vatika India Next residential project in Gurugram's Sector 82. Allottees, represented by the Senior Citizen Federation of New Gurgaon (SCFNG), have complained about a lack of zoning plans for plots allocated more than five years ago, hindering construction. They also report delays in obtaining conveyance deeds and occupation certificates for floors constructed a decade ago. Allegations include illegal booths, excessive fees, and demands for mutations. The DTCP has directed Vatika Group's MD to respond within seven days or face potential action.Read more

Realty giant DLF Ltd plans to introduce two luxury housing ventures worth Rs 15,000 crore in Gurugram during this fiscal year, capitalizing on robust demand for upscale residences. Following the successful Rs 8,000 crore sales within days of 'The Arbour' project launch, DLF aims for Rs 13,000 crore bookings this year. Their 2022-23 sales surged to Rs 15,058 crore, driven by ambitious launches totalling Rs 20,000 crore. The upcoming projects in Gurugram, on Southern Peripheral Road and Golf Course Road, are expected to yield approximately Rs 15,000 crore in sales. Additional residential towers are slated for Moti Nagar, Chandigarh, and Mumbai.Read more

In a consecutive second day crackdown, DTCP's enforcement unit targeted illicit commercial setups within private residential colonies. A total of 14 establishments were sealed in DLF Phase 2, and over 150 businesses in DLF Phase II received warnings and restoration directives from DIP Enforcement. Led by DTPE Manish Yadav, the enforcement team sealed 14 operations spanning seven houses along Jacaranda Marg and Bougainvillea Marg. With 100 businesses already sealed in various licensed colonies, the enforcement drive remains ongoing, urging voluntary cessation to avoid immediate sealing actions.Read more

The Municipal Corporation of Gurugram (MCG) is modernizing property tax management by collaborating with a private agency to distribute tax assessment bills to 6.4 lakh property owners. This innovative approach enables residents to review and update property tax details without visiting MCG's office. A dedicated team delivers bills door-to-door, promoting engagement and accuracy. Property owners can communicate changes to agency representatives, ensuring up-to-date records. This effort covers both residential and commercial properties, integrating with digital platforms and offering a 15% tax rebate incentive. MCG's initiative emphasizes efficiency, transparency, and resident involvement for improved property tax administration.Read more

The Municipal Corporation of Manesar (MCM) has successfully amassed Rs 18 crore in property tax since April 1. A significant development is the issuance of 30,000 notices to defaulting property owners across Manesar, urging prompt settlement of their dues. A notable shift has been the MCM's decision to outsource bill distribution to a private firm, resulting in its highest tax collection to date. This approach has primarily targeted property owners seeking no-dues certificates. The accrued funds are designated for driving development projects within emerging sectors. Additionally, notices have been issued to 100 defaulters owing Rs 10 crore. Efforts are underway to ensure billing accuracy and facilitate corrections.Read more

Gurugram's Resident Welfare Associations (RWAs) are opposing the establishment of healthcare facilities within residential colonies, citing potential negative consequences. Concerns include increased traffic congestion, insufficient parking, and strains on utilities like water and electricity. RWAs recognize healthcare accessibility's importance but propose evaluating alternative locations with better infrastructure. Balancing convenience with the potential burdens on existing resources becomes crucial in addressing the residents' quality of life and maintaining the area's overall functionalityRead more

Dakshin Haryana Bijli Vitran Nigam (DHBVN) has updated electricity load norms for residential and commercial areas to ensure fair and accurate charges. The norms vary based on city classifications and property types. Consumers will be billed based on their prescribed load, benefiting those with lower consumption. These changes aim to align with actual consumption patterns, encourage responsible energy usage, and enhance billing transparency. The revisions cater to different property sizes and classifications, creating a more equitable system while maintaining the quality of electricity supply.Read more

An FIR has been filed against Puri Construction by eight homebuyers alleging fraudulent practices in the sale of luxurious flats in Gurugram's 'Emerald Bay' complex. The complainants claim the builder misrepresented amenities, altered plans, and faced issues with basic amenities, while Puri Construction denies the allegations. The dispute highlights concerns about transparency and adherence to promises in the real estate sector.Read more