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Gurugram's Southern Peripheral Road (SPR) is rapidly emerging as a prime real estate and business hub, with property prices soaring 125% since 2020. Driven by the rise of corporate centers and major developments, SPR is being dubbed 'Cyber City 2.' Prices jumped from INR 7,690 to INR 17,300 per sq. ft., supported by government investments like INR 2,000 crore for infrastructure and an additional INR 8.25 crore for pedestrian and cycling tracks. Top developers like DLF and Signature Global are launching major projects, while existing facilities host giants like TCS and PepsiCo. With improved connectivity, civic upgrades, and rising demand, SPR is positioned as Gurugram's next growth engine.Read more
Unitech has resumed work on six long-pending residential and commercial projects in Nirvana Country 2, after a decade of uncertainty. Under government-appointed management, construction began on April 5, with a 78-month deadline for completion. The projects, initially launched in 2009 and halted in 2014 due to financial issues and regulatory hurdles, cover 1,073 units, including 740 sold plots. With an estimated cost of INR 630 crore, Unitech aims to raise funds through homebuyers' payments and the sale of unsold inventory. This revival offers significant relief to homebuyers who had been waiting for nearly a decade.
The Department of Town and Country Planning (DTCP) has escalated its action against unauthorised constructions in Gurugram's DLF phases 1-5, recommending the revocation of occupation certificates (OCs) for 843 additional properties. This includes 583 EWS category houses and 169 general category units. The move follows an earlier order targeting 1,588 properties, bringing the total number of affected homes to 2,431. The action aligns with a Punjab and Haryana High Court directive to curb violations in planned residential areas. DTCP officials stated that once OCs are revoked, water, sewer, and electricity connections would be severed. The decision has sparked concerns among homeowners, many of whom claim they were issued valid OCs at the time of purchase. While some residents criticise the move as unfair, others welcome it as a necessary step to address urban planning issues. Authorities plan to commence sealing and demolition drives in April, while affected residents explore legal options.
Residents of Parsvnath Exotica, a gated community in Gurugram's Sector 53, are voicing concerns about unlawful multi-storey buildings and commercial establishments springing up in adjacent Saraswati Kunj. The 28-acre gated society with 18 towers and approximately 900 flats is divided into two phases. Phase-2, which consists of towers D4, D5, and D6, directly faces Saraswati Kunj. Despite a 2016 court order halting construction, illegal activity continues, with slums sprawling, and buildings being converted into unauthorised PGs and warehouses. Local authorities have yet to take action, prompting Exotica residents to urge the Chief Minister for immediate intervention to protect the safety and wellbeing of over 3,000 residents in their community.
The Enforcement Directorate has attached assets worth INR 94.82 crore in a money laundering investigation against Sidharth Chauhan, promoter of Sidhartha Buildhome Pvt. Ltd. (SBPL), following complaints from over 950 homebuyers. The allegations claim the company failed to deliver homes on time after collecting INR 520 crore. Chauhan allegedly diverted funds to other ventures, instead of completing the promised properties. The assets include land and buildings in Gurugram. The ED's action is part of a broader probe based on complaints filed by the Delhi Police's Economic Offences Wing.
The Municipal Corporation of Gurugram (MCG) has made significant progress in reducing pending property ID objections, lowering the count from 11,029 to 3,135 as of March 26. This is part of MCG's ongoing efforts to streamline property tax processes and improve transparency. The reduction aims to resolve disputes and ensure accurate tax records, with further actions planned to address the remaining objections. This initiative is expected to enhance the efficiency of property tax collection and promote better governance in Gurugram.
The Department of Town and Country Planning (DTCP) has initiated strict action against illegal commercial operations in Gurugram's DLF phases 1-5, following a recent task force meeting led by the deputy commissioner. The district fire officer has been instructed to pursue legal action and submit a compliance report by April 19, 2025. The directive, aligned with a Punjab and Haryana High Court order, mandates the sealing of non-compliant properties and penalties for violators. A total of 614 residential plots, including 339 general and 275 EWS plots, have been unlawfully converted into commercial spaces, prompting concerns over fire safety, traffic congestion, and security risks.
The Municipal Corporation of Gurugram (MCG) will now register FIRs against property owners who tamper with seals placed on unauthorized constructions and resume work. The move follows multiple complaints, including a recent incident in Zone 2 where an owner broke the seal and restarted construction. MCG officials have been directed to conduct inspections and file police complaints in such cases. Under the Haryana Municipal Corporation Act, of 1994, illegal constructions must be identified, sealed, and demolished if necessary. Notable cases include a seven-story illegal structure sealed in Sector 39 in February 2024 and another violation reported in Sector 52 in October 2024, where unauthorized floors were being added beyond approved limits.
Preparations are underway for two new metro corridors in Gurgaon, aimed at strengthening connectivity between Old and New Gurgaon. The Haryana Mass Rapid Transport Corporation (HMRTC) has invited tenders for detailed project reports (DPRs). The first 17-km corridor will link Bhondsi to Gurgaon Railway Station, passing through Vatika Chowk, Subhash Chowk, Rajiv Chowk, and Sohna Chowk. The second, 13.6-km line, will connect Golf Course Extension Road with Sector 5, covering key hubs like Ardee City and Signature Tower. These metro lines aim to ease congestion, improve accessibility, and offer efficient transport, supporting Gurgaon's growing population and rapid urbanisation. Construction is expected to begin after DPR finalization.Read more
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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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
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
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
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
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
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
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
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
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
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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