Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Gurugram

Gurugram forms panel to digitise and verify 3,000+ municipal land records

The Municipal Corporation of Gurugram (MCG) has constituted a special committee to digitise and regularly audit its land assets listed on the MCG Asset Management System (MAMS) portal. This move comes amid concerns over inconsistencies and missing records particularly for over 740 plots currently marked 'under verification' out of a total 3,119 properties. The panel, chaired by the chief town planner, includes officials from the planning, revenue, and property tax departments. Weekly reviews, inter-departmental coordination, and timely resolution of documentation gaps have been mandated. The initiative aligns with Haryana's new municipal auction policy to monetise public assets via digital platforms.Read more

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Kherki Daula toll plaza to shift to Pachgaon, ending years of traffic snarls

The long-awaited relocation of the Kherki Daula toll plaza on NH 48 has been approved, with the new 12-lane MLFF-enabled facility coming up in Pachgaon, just past the KMP Expressway junction. This move will ease chronic congestion for over 44,000 daily commuters in Gurugram and reduce pollution caused by idling vehicles. A 15 km toll-free stretch from Delhi to Manesar will also open up. The project, delayed for years due to land and clearance hurdles, finally gained momentum after HSVP allocated 28 acres to NHAI. With construction expected to wrap in six months, the shift signals faster traffic, better revenue, and cleaner air.Read more

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Gurugram civic body steps up tax recovery, 35 high-value defaulters under scanner

In a bid to boost revenue, the Municipal Corporation of Gurugram (MCG) has issued recovery notices to 35 major defaulters owing INR 3.6 crore, as part of a wider drive covering 69 defaulters with total dues of INR 18.2 crore. So far, MCG has collected INR 232.9 crore of its INR 275 crore property tax target for FY 2025-26. A 10% rebate is being offered for full payments made by July-end, along with a No-Dues Certificate. Delays may attract 18% annual interest, sealing, or even auction of properties. Help desks have been set up to address issues like fake receipts, ID mismatches, and data verification.Read more

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Gurugram: DTCP cracks down on illegal gates in South City-1, clears 11 apartment blocks

In a major enforcement drive, Gurugram's Department of Town and Country Planning (DTCP) removed 51 unauthorised gates from 11 apartment units in South City-1. The action followed complaints from residents and schools about obstructed internal roads, which affected emergency access and daily movement. The gates, spread across blocks C to M, were dismantled by a team led by Town Planner (Enforcement) Amit Madholia, using earthmovers. The DTCP clarified that boom barriers are only permitted on internal roads of licensed colonies under specific rules, which these gates violated. Additional encroachments, including a Vita milk booth, were also cleared. The operation was part of a task force directive to improve traffic flow and public safety. Notices have now been issued to DLF-2 residents to remove illegal gates voluntarily. The DTCP's action signals stronger enforcement of urban planning norms to maintain open and accessible city infrastructure.Read more

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HRERA orders compensation for delayed possession in Gurugram's Expressway Towers

The Haryana Real Estate Regulatory Authority (HRERA) has directed the developer of Expressway Towers in Gurugram's Sector 109 to compensate buyers for delayed possession. Acting on multiple complaints, HRERA invoked Section 18(1) of the RERA Act, mandating the developer to pay monthly interest from the original possession date until actual handover. The project, located along the Dwarka Expressway, faced buyer frustration due to construction delays despite its prime location appeal. In addition to compensation, HRERA ordered the developer to publish updated construction timelines on its portal to improve transparency. The ruling underscores the regulator's commitment to protecting buyer rights and holding developers accountable for project delays. It also signals to the wider NCR market that delivery commitments are enforceable, encouraging greater adherence to timelines and boosting consumer trust in the housing sector.Read more

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Gurugram developers now required to publish public notices post RERA application

RERA Gurugram mandated that developers must publish a newspaper notice immediately after applying for project registration. This move aims to curb unauthorized pre-launch sales and enhance transparency in the real estate sector. The notice will inform buyers that a project is awaiting registration approval, enabling them to make informed decisions and verify developers' claims. This initiative is part of RERA's ongoing efforts to protect homebuyers and ensure greater regulatory accountability.Read more

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Gurugram civic body intensifies crackdown on property tax defaulters owing over INR 50 lakh

The Municipal Corporation of Gurugram (MCG) has escalated its efforts to recover property tax dues by issuing notices to 22 major defaulters, each owing more than INR 50 lakh. This action forms part of a larger crackdown, with lists of defaulters prepared for every municipal zone. The MCG has also warned residents against engaging middlemen for property tax corrections and urged direct reporting of such incidents. Following years of minimal enforcement that saw revenue dip drastically, the corporation is now enforcing stricter penalties, including property sealing and auctioning, to ensure timely tax compliance and secure funds for city development.Read more

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Gurugram Lease Deals: Nagarro signs 7 lakh sq ft lease in Udyog Vihar

German-based IT services company Nagarro Enterprise Services Pvt Ltd has leased a massive 7 lakh sq ft of office space in Udyog Vihar, Gurugram marking one of the city's most significant commercial property deals in recent months. The lease spans 12 years with a three-year lock-in clause, at a monthly rent of INR 2.90 crore. The property, developed by Chimera Developers LLP, includes basement areas, five levels of parking, and upper office floors. With a rent escalation clause of 12% every three years and an INR 10 crore security deposit, the agreement reflects Nagarro's long-term operational commitment in India.Read more

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NCR Property Deals: Cricketer Shikhar Dhawan purchases a INR 69 crore home in DLF's The Dahlias, Gurugram

Former Indian cricketer Shikhar Dhawan has recently purchased a high-end apartment worth nearly INR 69 crore in DLF's ultra-luxury residential project, 'The Dahlias', situated on Golf Course Road in Gurugram. The 6,040 sq ft property was registered in a sale agreement reviewed by CRE Matrix, with the property value at INR 65.61 crore and an additional INR 3.28 crore paid in stamp duty. The Dahlias, launched by DLF in a 17-acre expanse last year, follows the success of 'The Camellias' and is expected to generate INR 35,000 crore in revenue.Read more

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DTCP demolishes 18 acres of illegal constructions in Gurugram's Sohna region

The Department of Town and Country Planning (DTCP) in Gurugram launched a significant demolition campaign earlier this week, focusing on unpermitted buildings that covered 18 acres in the Sohna area. The enforcement action covered three villages Karanki, Sancholi, and Daulha where 25 illegal structures, including under-construction buildings, boundary walls, and road networks, were razed. These actions followed the failure of developers and landowners to comply with prior notices under the Punjab Scheduled Roads and Controlled Areas Restriction of Unregulated Development Act, 1963. The DTCP has since issued stern warnings to curb illegal plotting and urged buyers to verify land approvals.Read more

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Gurugram: GMDA revamps key NH-8 stretch to boost traffic flow and real estate demand

The Gurugram Metropolitan Development Authority (GMDA) has begun the long-delayed redevelopment of a key 2-km stretch of NH-8 between Naurangpur and Rampura Chowk. This road, crucial for traffic to sectors 76, 78, and beyond to Tauru and Rajasthan, has suffered neglect for over a decade. The upgraded plan includes a six-lane main road with an 84-metre right of way to ease congestion and support heavy traffic flow. This move is expected to enhance connectivity and drive real estate growth in nearby sectors. Sector 80, in particular, is gaining popularity for its spacious homes, modern amenities, and improved infrastructure, attracting premium homebuyers and investors alike.Read more

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GMRL seeks land clearance to start work on Gurugram Metro Phase 1

Gurugram Metro Rail Limited (GMRL) has sought permission from the Haryana Shehri Vikas Pradhikaran (HSVP) for a no-objection certificate (NOC) to utilise over 5,800 square metres of land for constructing 10 stations in the first phase of the new metro corridor. The budget allocated for this phase is INR 1,286 crore. The complete metro corridor is designed to span 28.5 kilometres, linking Millennium City Centre to Cyber City with 27 stations, and will cost INR 5,452 crore. Additionally, a casting yard will be set up in Sector 33.Read more

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CCI Group to Invest INR 225 Cr in Grade A Warehousing Facility in Sohna, Gurugram

CCI Group has announced an investment of over INR 225 crore to develop a Grade A warehousing facility in Sohna-Silani, Gurugram, spanning 9.5 lakh sq ft. Equipped with FM2-grade flooring, RCC roads, and multiple loading points, the project is expected to generate 500+ jobs and boost the local economy. This follows a major INR 800 crore investment in a 2 million sq ft logistics park near Chennai. With growing infrastructure like the Delhi-Mumbai Expressway and increased real estate activity in south Gurugram, CCI's move aligns with its strategy to expand high-quality logistics infrastructure across industrial corridors and strengthen India's evolving supply chain network.Read more

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Hero Realty to invest INR 3,000 crore in luxury project on Gurugram's Dwarka Expressway

Hero Realty Pvt Ltd, backed by Sunil Kant Munjal's Hero Enterprise, has announced plans to invest INR 3,078 crore in a premium residential project located in Sector 104, Gurugram, along the Dwarka Expressway. This venture marks the second collaboration between Hero Realty and Gurugram-based Saheb Enterprise, aiming to develop approximately 3 million square feet of residential space across 11 acres. The project is poised to become one of the largest residential developments in the region, reflecting Hero Realty's strategic expansion into key growth corridors in North India.Read more

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Gurugram: DTCP razes illegal structures across 32 acres near Sultanpur Park

The Department of Town and Country Planning (DTCP) in Gurugram conducted a significant demolition campaign earlier this week in the vicinity of Sultanpur Park, a Ramsar site. The operation targeted three unauthorized colonies across approximately 32 acres in the Farrukhnagar area. These colonies, developed without required approvals, violated urban planning laws. The demolition effort led to the removal of under-construction buildings, damp proof courses, boundary walls, and an industrial unit. The DTCP team stressed that such actions would continue to uphold legal standards and ensure planned development in Gurugram.Read more

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Planning officials demolished three illegal houses on park-designated land in Gurugram

The enforcement wing of the Town and Country Planning Department demolished three unauthorized houses built on green zone land in South City 1, Gurgaon. The area, meant for a park, was illegally occupied by two temporary sheds and one semi-pucca house, all constructed without approval. Led by District Town Planner Amit Madholia, the drive followed prior notices to the encroachers, who failed to act. The move, supported by residents, underscores the importance of protecting green spaces and maintaining planned development. Officials emphasized that public land must benefit all, and such enforcement serves as a strong warning against future violations in one of Gurgaon's most prized residential areas.Read more

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Gurugram unveils INR 2,887 crore urban overhaul with metro, roads & water upgrades in 2025

Gurugram is undergoing a major transformation in 2025 with INR 2,887.32 crore allocated for infrastructure upgrades. Key highlights include a 28.5 km metro corridor with 27 stations linking Millennium City Centre to Cyber City, slated to start construction on May 1. GMDA also approved INR 249.77 crore for road repairs and INR 8.25 crore for SPR upgrades. In water management, the 100 MLD Chandu Budhera project nears completion, while a INR 3,000 crore plan will convert the GWS canal into a covered pipeline. These projects aim to ease traffic, improve water supply, and elevate quality of life in the Millennium City.Read more

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Gurugram civic body launches major cleanup to tackle 600,000 MT of construction waste

In a decisive move to address Gurugram's mounting construction and demolition (C&D) waste, the Municipal Corporation of Gurugram (MCG) initiated a project earlier this week to clear approximately 600,000 metric tonnes of debris over the next three months. The plan involves hiring a private contractor responsible for transporting the waste to the Basai processing facility. The project, estimated at INR 9 crore, mandates the use of GPS-equipped vehicles and the establishment of a dedicated helpline for complaint resolution within 48 hours. Despite allocating INR 10 crore for C&D waste management in the previous fiscal year, only half was utilized. This year, the budget has been increased to INR 20 crore, reflecting a renewed commitment to effective waste management.Read more

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Gurugram's INR 1 lakh crore Global City to reshape urban landscape along Dwarka Expressway

Gurugram is set for a major transformation with the launch of Global City a INR 1 lakh crore, 1,000-acre mixed-use smart city along Dwarka Expressway. Phase 1, spanning 587 acres, involves INR 940 crore in infrastructure work including roads, a utility tunnel, and a 350 million-litre reservoir. The city will have 56% commercial and 40% residential use, with dedicated spaces for education, healthcare, and green zones. With seamless access to airports, railways, and highways, and smart transit like EV buses and LRT, the project targets 1.6 million people and 5 lakh jobs. Investors like DLF and Adani have shown keen interest in this futuristic hub.Read more

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PioneerUrban to launch INR 300 crore luxury senior living project in Gurugram

PioneerUrban Land and Infrastructure Ltd is set to invest INR 300 crore in a luxury residential development designed specifically for senior citizens in Gurugram. Developed under the Haryana State Retirement Policy, the project, named Advait, is a collaboration with JK Organisation's real estate wing, JK Urbanscapes Developers Ltd. Spread over 2.6 acres, the gated community will feature 164 apartments with modern amenities, including a centralised air filtration system and on-site healthcare services provided by Fortis Hospital. With this project, the company enters the senior living segment in North India, marking a significant expansion in this emerging market.Read more

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