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

Chintels Paradiso residents told to vacate Towers A, B, and C within 15 days

Residents of Towers A, B, and C of Chintels Paradiso Group Housing Society in Gurugram were directed to vacate their flats immediately. The directive followed a structural audit report by the Central Building Research Institute (CBRI), which declared the towers unsafe for habitation. The Deputy Commissioner of Gurugram issued the evacuation order under Section 163 of the Indian Civil Defence Code, granting a 15-day window for compliance. The decision comes after the partial collapse of six floors of Tower D in February 2022, which had resulted in two fatalities. The District Magistrate cited imminent threats to life and property as the basis for the order, further warning of legal action for non-compliance.

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Gurugram administration approves demolition of unsafe towers at NBCC Green View

The Gurugram district administration has approved the demolition of Towers E, F, and G at NBCC Green View in Sector 37D due to severe structural deterioration. The decision follows NBCC (India) Ltd.'s request, citing safety risks, especially after multiple balcony collapses in 2024. These towers remain under NBCC's ownership, as they were never sold. The demolition, using high-reach machines, will follow safety and environmental protocols, with NBCC bearing full responsibility. Similar demolitions in Noida and Joshimath highlight the need for strict structural assessments and adherence to building regulations to prevent such failures in urban developments.Read more

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HRERA News: Gurugram builder sentenced to civil imprisonment over non-compliance with refund order

The Haryana Real Estate Regulatory Authority (HRERA) Gurugram bench has ordered one month of civil imprisonment for a developer who failed to refund INR 26.07 lakh to an investor in a delayed commercial project in Sector 89, Gurugram. Despite earlier directives, the developer ignored HRERA's ruling to pay back the amount with 10.75% annual interest. The investor, frustrated with long delays and non-payment of assured returns, approached HRERA, which ruled in his favor late last year. The authority's latest order also mandates the developer's appearance before the forum in the coming weeks.Read more

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HouseEazy expands into Gurugram, introducing new incentives for channel partners

HouseEazy, a platform for resale homes, has expanded into the Gurugram market, hosting a launch event that attracted over 500 channel partners. The company introduced the 'HouseEazy Yearly Jackpot,' offering potential annual incentives of up to INR 3.5 crore per partner. Having completed transactions exceeding INR 1,500 crore and serving over 1,600 families, HouseEazy plans to achieve a transaction value of INR 3,000 crore in Gurugram over the next 12 to 15 months. The company is also preparing to expand into Tier 1 cities like Pune, Mumbai, and Bangalore, reinforcing its position as a market leader in the resale home segment.Read more

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Gurgaon News: GMDA cracks down on unauthorized construction, inspects 130 sites for Change of Land Use violations

The Gurgaon Metropolitan Development Authority (GMDA) has launched a crackdown on unauthorized construction, forming three inspection teams to assess sites where Change of Land Use (CLU) permissions were rejected, returned, or canceled. With 130 sites in 42 villages under scrutiny, violators will face strict enforcement actions. Similar issues have arisen in Noida and Mumbai, where authorities have sealed buildings and fined developers for bypassing zoning laws. GMDA's proactive stance aims to curb illegal construction, enforce urban planning regulations, and maintain zoning integrity, setting an example for other growing cities to ensure legal and sustainable development.Read more

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Gurugram Real Estate News: Authorities demolish 85 illegal structures in Saraswati Kunj, Sectors 53 & 54

Authorities launched a large-scale demolition drive in Saraswati Kunj and sectors 53 & 54, removing 85 illegal structures and 230 hutments across ten plots. The Town and Country Planning Department targeted unauthorized multi-storey buildings, restaurants, and encroachments on green spaces. Saraswati Kunj, under scrutiny since 2004, has faced unregulated developments despite a construction ban since 2016. Officials sealed illegal commercial establishments, including Foresta restaurant and a Stilt +4 building. While some residents support the cleanup, concerns remain over hutment dwellers' displacement. Authorities vow to intensify oversight and enforce zoning laws for planned urban development.Read more

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Gurugram Property News: MCG orders fresh door-to-door survey to fix property ID errors

The Municipal Corporation of Gurgaon (MCG) will conduct a door-to-door property ID survey to correct errors from a flawed private agency survey done three years ago. Thousands of residents faced tax discrepancies, delaying payments and transactions. Commissioner Ashok Kumar Garg has ordered quick resolution of pending objections and strict action against delays. In January, disciplinary action was taken against an official for eight months of inaction on a correction request. With Gurgaon and Faridabad accounting for 30% of Haryana's 74,227 property ID disputes, this fresh survey aims to ensure accuracy and tax compliance.Read more

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Gurugram: Chintels Paradiso residents seek action over unpaid rent

Displaced tenants of Chintels Paradiso in Sector 109 are struggling because rent payments promised after their homes were certified unsafe have not been paid. Following a partial collapse in 2022, IIT Delhi's audit ruled numerous towers unsafe, prompting evacuations. The district government ordered developer Chintels to compensate impacted homeowners, but residents say payments have halted. The RWA has asked the district town planner to intercede, setting a March 7 deadline for late rent. Chintels claims payments have begun for 140 residents, but arguments continue. The case highlights enforcement issues in Gurugram's real estate sector, putting officials under pressure to act.Read more

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Gurgaon Real Estate: Dwarka Expressway records 58% year-on-year growth in housing prices

Dwarka Expressway has been recognised as India's fastest-growing real estate corridor, witnessing a remarkable 58% year-on-year increase in housing prices during the last quarter, according to a recent report by CREDAI-Colliers-Liases Foras. Dwarka Expressway has surpassed all other major cities and micro-markets, solidifying its status as the most attractive investment destination in Delhi NCR and across India. With rising demand for premium housing, robust infrastructure development, and proximity to key business districts, the real estate market in this region continues to flourish, reflecting strong investor confidence and sustained price appreciation.Read more

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Gurgaon Property Deals: Swiggy opens new office in One Horizon Centre amid quick commerce expansion

Swiggy has opened a new office at DLF One Horizon Centre, Gurgaon, strengthening its North India presence while retaining its Bengaluru headquarters. The move aligns with its quick commerce growth strategy as it competes with Zomato's Blinkit. Despite reporting a net loss of INR 799 crore in the December quarter, Swiggy continues to invest in expansion. Gurgaon's commercial real estate market is booming, with leasing activity up 15% in key hubs like Cyber City and Golf Course Road. Swiggy's move reflects a broader trend of new-age companies securing prime office spaces to enhance brand presence and talent acquisition.Read more

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Gurugram Real Estate: Ikea opens 180,000 sq ft distribution centre in Gurugram to boost North India deliveries

IKEA has launched a 180,000 sq ft Customer Distribution Centre (CDC) in Gurugram, enhancing order fulfillment efficiency across Delhi-NCR. Developed with Rhenus, the facility enables 24-hour delivery for over 7,000 IKEA products and is strategically located 35 km from the airport for seamless last-mile logistics. Aligned with IKEA's sustainability goals, the CDC features eco-friendly initiatives like paper pallets, rainwater harvesting, and a 100% EV delivery target. With INR 10,500 crore invested in India, IKEA plans online sales in Delhi-NCR by 2024 and physical stores in Gurugram and Noida by 2025, further strengthening its market presence.Read more

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Gurugram DTCP targets 600 properties for unauthorized construction in DLF-3

In Gurugram, over 600 property owners in DLF-3 have received DTCP notices demanding restoration of unauthorized alterations to their buildings by the first week of March. The enforcement measures, which include cancellation of occupancy certificates, property sealing, and utility cut-offs, follow unsatisfactory replies to initial show-cause notices regarding commercial use in residential areas. The action was triggered by a court petition and extensive DTCP raids that uncovered violations at 4,200 sites, especially on EWS-designated plots transformed into multi-storeyed buildings. Additional illegal modifications, affecting 500 properties, have strained civic infrastructure, intensifying Gurugram real estate news concerns over safety and urban planning.Read more

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Gurugram: Chintels Paradiso homeowners receive compensation options following structural concerns

Homeowners of towers A, B, and C in Chintels Paradiso, Sector 109, Gurugram, are set to receive compensation options following a high-level meeting led by the deputy commissioner. The meeting upheld the findings of the Central Building Research Institute (CBRI), which deemed the towers structurally unsafe. Homebuyers can choose between a full refund at the market rate with additional compensation or the option for reconstruction with rent payments for alternate accommodation. The meeting also reiterated the continuation of rent payments as per previous orders.Read more

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Gurugram: High Court orders crackdown on 4,500 illegal constructions in Gurugram's DLF phases

The Punjab and Haryana High Court recently ordered the district administration and the Department of Town and Country Planning (DTCP) to take strict action against over 4,500 unauthorised constructions in Gurugram's DLF Phases 1-5. These violations include illegal modifications and business operations in residential zones, particularly in Economically Weaker Section (EWS) housing. The case stems from a PIL filed in 2021 by the DLF City Residents Welfare Association, highlighting unauthorised commercial activity in residential areas. The court instructed the authorities to complete enforcement measures within two months and submit a detailed report.Read more

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Gurugram Real Estate: Onward Workspaces leases 7,050 sq ft in Gurgaon to UK-based Clarksons Shipping

Onward Workspaces, a premier provider of co-working and managed office spaces, has successfully leased 7,050 sq ft of its newly developed 18,000 sq ft premium facility at Emaar Capital, Gurgaon, to Clarksons Shipping, a renowned UK-based global leader in integrated shipping services. The space, designed to accommodate 120 seats, highlights Onward's expertise in delivering bespoke office solutions for multinational corporations. The move underscores the increasing demand for high-quality managed office spaces in Gurgaon, a key business destination in India. This lease agreement aligns with Onward Workspaces' broader expansion strategy, which includes developing 150,000 sq ft of office spaces across the NCR region with an investment of INR 18 crores.Read more

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Gurugram: DTCP demolishes illegal gates in two colonies after complaints

The Department of Town and Country Planning (DTCP), with police support, demolished illegal gates in South City 1 and Sushant Lok 1 after receiving multiple complaints. Officials sealed illegal constructions and warned Resident Welfare Associations (RWAs) against erecting unapproved barriers. The deputy commissioner mandated that internal road gates in licensed colonies and HSVP sectors remain open during the day. Authorities stated that only boom barriers, monitored by security personnel, are permissible. While residents welcomed improved accessibility, some raised security concerns. DTCP vowed to continue enforcement and urged citizens to report similar violations to ensure compliance with urban planning laws.Read more

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DTCP launches major crackdown on unauthorized buildings in Gurugram

Authorities in Gurugram launched a major enforcement drive last week, targeting illegal constructions across the city. The Department of Town and Country Planning (DTCP) led the operation, demolishing unauthorized structures at Idea Cosmic Plaza, Alipur, and Raiseena villages. Officials dismantled two ramps, a gym, and two offices at Idea Cosmic Plaza while clearing 69 acres of illegal developments in Alipur and Raiseena. Legal action is underway against developers and brokers responsible for misleading buyers. Authorities urge prospective investors to verify land approvals to avoid financial losses. Strict enforcement measures will continue against future violations.Read more

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Haryana: MCG to auction municipal land online under new Haryana property sale policy

The Haryana Municipal Properties Auction Policy, 2024 introduces an online auction system for selling municipal properties, ensuring transparency and accessibility. The Municipal Corporation of Gurugram (MCG) is identifying land for auction, with a dedicated online portal under testing. Bidders must register and submit an earnest money deposit (EMD) before participating. Bid increments start at INR 30,000 for INR 1-5 crore properties and INR 50,000 for those above INR 5 crore. The MCGs vacant land in sectors 33, 35, 58, 61, and others is expected to generate significant revenue, boosting urban development and infrastructure across Haryana.Read more

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Gurugram: Chintels Paradiso begins demolition of six unsafe residential towers

The developer of Chintels Paradiso in Gurugram's Sector 109 has commenced the demolition of six residential towers deemed unsafe by the district administration. The demolition began with Tower H, initially through manual dismantling, with mechanical demolition expected to follow. This decision follows a structural audit ordered after a 2022 incident where a ceiling collapse in Tower D led to casualties. The entire demolition process is anticipated to take around six months. Meanwhile, the developer is seeking approvals to reconstruct the towers, and discussions continue regarding the fate of the remaining three towers, with homeowners demanding rent compensation and project transparency.Read more

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Gurugram: DTCP issues show-cause notices to 650 DLF-2 property owners for illegal construction and commercial operations

The Department of Town and Country Planning (DTCP) recently issued show-cause notices to 650 property owners in DLF-2 for illegal construction and conducting commercial operations in residential areas. The action follows a large-scale survey prompted by a Punjab and Haryana High Court order. The survey covered 15,000 properties across DLF-1 to DLF-5, with violations found in over 4,000 properties. The department has warned owners to rectify the violations or face strict penalties, including demolition and sealing drives. The effort aims to curb the growing misuse of residential properties in Gurgaon for commercial purposes.Read more

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