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ASK Property Fund, part of the Blackstone-backed ASK Asset & Wealth Management Group, has invested INR 245 crore in a residential project in Gurugram's Sector 104, located along Dwarka Expressway. The project, spread across 4.6 acres, will include approximately 500 mid to upper-mid-income housing units, with a total saleable area of 1.2 million sq ft. Expected to generate INR 1,600 crore in revenue over five years, the investment will support land acquisition and working capital requirements.Read more
Raheja Developers has been scrutinised for not depositing INR 77.28 lakh for the second phase of the structural safety audit for its housing projects, Raheja Vedanta and Raheja Atharva, in Gurugram. Despite multiple reminders, the company has failed to comply with payment instructions. The district authorities, led by Deputy Commissioner Ajay Kumar, have recommended stringent actions, including halting the approval of future permissions for the developer until the payments are made. The safety audits, initiated due to concerns raised by residents, remain incomplete, leaving residents in both societies anxious about their buildings' safety.Read more
The Haryana government has committed to providing housing to underprivileged families under the Mukhyamantri Gramin Awas Yojana and Pradhan Mantri Gramin Awas Yojana. Plots measuring 100 square yards will be allotted in phases within developed colonies featuring essential amenities. An allocation of INR 100 crore has been earmarked for the initiative. The schemes target families with annual incomes below INR 1.80 lakh who lack property or housing. The government is facilitating financing options to ensure accessibility, with provisional allotment letters already issued to some beneficiaries.Read more
The district administration of Gurugram has postponed its decision to evacuate three towers of the Chintels Paradiso housing society, after considering objections raised by residents. The move follows the partial collapse of Tower D in February 2022, which killed two women. A structural audit by IIT-Delhi deemed most of the towers unsafe. The Residents Welfare Association (RWA) and the builders are in disagreement over the specifics of reconstruction, with residents alleging financial hardships. The final decision will depend on the builders' response to these concerns.Read more
Property owners in DLF City, Gurugram, particularly in phases 1-5, face scrutiny for widespread illegal construction and unauthorized commercial activities. The Department of Town and Country Planning (DTCP) has identified violations in 4,183 properties, issuing 1,138 notices so far, with a January 31 deadline for compliance. Key violations include unauthorized multi-story buildings and misuse of residential properties for paying guest accommodations and guesthouses. Despite DTCP efforts, legal obstacles and court stays on 167 cases have hindered enforcement. With the Punjab and Haryana High Court set to review the case on January 15, stricter enforcement and compliance are critical to preserving residential zoning integrity.Read more
The Municipal Corporation of Gurugram (MCG) is boosting communication with Resident Welfare Associations (RWAs) through meetings on January 9 and 10, targeting Zones 1 and 2, with similar gatherings planned for other zones. MCG Commissioner Ashok Kumar Garg aims to understand and address residents' challenges, complementing this initiative with "samadhan camps" for resolving property tax and infrastructure complaints on the spot. Emphasizing swift action, Garg has directed zonal officers to inspect and address issues like sewer overflow promptly. These efforts highlight MCG's commitment to fostering community dialogue and improving service delivery, setting a model for citizen-centric urban governance.Read more
The Gurgaon Metro, known as the Rapid Metro Gurgaon, is a modern urban transit system that enhances connectivity within Gurugram and links seamlessly to the Delhi Metro network. Launched in 2013 and expanded by 2017, the 12.85 km line with 11 stations efficiently serves key residential, commercial, and industrial areas. Managed by HMRTC and integrated with the Delhi Metro's Yellow Line at Sikanderpur, it has reduced road congestion, boosted property values, and supported economic growth. With plans for a new 28.5 km line to further expand coverage, the Gurgaon Metro exemplifies how reliable, eco-friendly public transport can shape a city's future.Read more
Residential projects under construction in India's major cities recorded remarkable price growth in 2024, with Gurugram's New Gurugram micro-market seeing a 55% year-on-year increase, according to Savills India. Other hotspots included Bengaluru (25% appreciation), North Goa (16%), and Mumbai (10%). Noida's premium segments also showed robust growth, with up to 16% increases in some areas. The luxury housing market flourished, with Gurugram adding 16,140 new units, a 150% jump. Rising construction and land costs, coupled with strong demand for spacious homes, fueled the trend. Stable interest rates from the RBI further bolstered buyer confidence, indicating sustained momentum in India's real estate market.Read more
The Department of Town and Country Planning (DTCP) in Gurugram has cancelled the occupation certificates (OCs) for 81 houses in DLF Phase 5 for breaching building codes, zoning laws, and approved plans. These properties, originally designated for the economically weaker section (EWS), were found to have exceeded construction limits, with some buildings extending to five or six floors instead of the approved three or four. Many were also being used for illegal commercial purposes. This move follows an earlier survey by the district town planner, which led to notices and sealing actions for over 100 houses.Read more
Smartworks, a prominent provider of flexible workspaces, has leased 470,000 square feet at the DLF Commercial Building in Gurugram, marking its fourth managed campus in the city. The company operates 45 centres across 13 cities, offering 9.12 million square feet of workspace. As of mid-August 2024, Smartworks filed its draft red herring prospectus for an IPO, which will include a fresh issue of INR 550 crore in equity shares and an offer for sale of 6.759 million shares. The company is considering raising INR 110 crore through a pre-IPO placement and has attracted USD 29 million from Keppel Ltd since 2019.Read more
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US technology giant Google has recently signed a lease agreement with managed workspace provider Table Space for 550,000 sq ft of office space at a commercial complex in Gurugram. This agreement is one of the largest managed workspace deals in India, with an additional option to lease 200,000 sq ft, potentially bringing the total to 750,000 sq ft. Google is also in talks to lease an entire tower at the complex. This expansion forms part of Google's wider strategy to enhance its office presence in India. Other major firms, including IBM and Ciena, have also secured space in the same complex, reflecting a strong demand for Grade A office space in the country. Experts predict India will lead office space leasing in 2024, surpassing markets like the US and China.Read more
The Samadhan Shivirs (resolution camps) in Gurugram have seen a high volume of complaints, particularly concerning property ID issues and sewerage concerns. From October to December 2025, the Municipal Corporation of Gurugram (MCG) addressed over 1,000 complaints, with property ID discrepancies accounting for 26.7% of submissions. The corporation made significant progress, resolving over 81% of property ID complaints, though sewerage-related issues had a lower resolution rate. The initiative, launched by Haryana's chief minister, aims to resolve local civic matters before upcoming municipal elections, with the MCG addressing a wide range of concerns, including encroachment, water supply, waste management, and streetlights.Read more
The Haryana cabinet, led by CM Nayab Singh Saini, has reclassified Pataudi-Hailey Mandi and Farrukhnagar from 'low' to 'medium potential' zones under the Haryana Development and Regulation of Urban Areas Rules, 1976. This strategic move aims to spur economic growth and increase state revenue via higher development and license fees. While developers see this as an opportunity for modern projects and infrastructure improvement, residents express concerns about rising property costs and sustainability. Strategically located near Gurugram and key expressways, the zones are poised for growth, but balancing rapid urbanization with existing community needs remains a critical challenge.Read more
The Municipal Corporation of Gurugram (MCG) enforcement team imposed a penalty of INR 500,000 on a builder for violating the construction ban under the Graded Response Action Plan (GRAP) Stage 4 in Sector 113. Despite the ongoing ban, construction continued at the site. The team halted work immediately and warned the project head to comply with the regulations. Additionally, a penalty of INR 5,000 was imposed on a motorcycle service center in Wazirabad for littering. Residents have expressed concerns that construction continues unchecked, contributing to worsening air pollution.Read more
The Municipal Corporation of Gurugram (MCG) demolished over 20 unauthorized constructions on seven acres of land in Sector 62, reclaiming valuable public property for urban development. Led by nodal officer RS Batth, the operation involved 100 police officers and removed illegal structures, including nurseries, temporary jhuggis, and a borewell. Claims of legal disputes were dismissed, as MCG verified its rightful ownership. Batth issued a final warning to remaining encroachers, promising legal action for non-compliance. The reclaimed land will support urban planning in Sector 62. Similar actions in Sector 50 highlight MCG's commitment to combating encroachments and promoting sustainable urban growth.Read more
The GMDA's DTP (Enforcement) team, led by RS Batth, conducted a large-scale demolition operation in Behrampur, Gurugram, targeting illegal constructions across 70 acres. With 50 police personnel and three earthmovers, the team demolished around 100 structures, including 25 boundary walls, 10 under-construction buildings, a 1.5 km road, and illegal borewells-all built without legal approvals. Investigations revealed property dealers, mainly from Maruti Kunj and Delhi, sold plots at INR 15,000-25,000 per square yard through general power of attorney agreements, bypassing legal clearances.Read more
The Municipal Corporation of Gurugram (MCG) has issued 879 fines totaling INR 36.7 lakh under the Graded Response Action Plan (GRAP) to curb pollution. Violations include 566 fines for dust control failures at small construction sites and INR 6 lakh for illegal construction waste dumping. Additionally, 331 fines for solid waste dumping (INR 5.4 lakh), 259 for single-use plastic (INR 2.18 lakh), and 21 for waste burning (INR 1.05 lakh) were imposed. MCG Commissioner Ashok Kumar Garg urged community involvement, while measures like anti-smog guns and mechanical road sweeping aim to improve air quality. Sustainable practices and resident participation are essential for lasting environmental change.Read more
The Gurugram civic body has uncovered six illegal colonies on 700 acres of disputed panchayat land in Behrampur during a surprise inspection. Plots in these colonies, sold for INR 50,000 to INR 80,000 per square-yard, were found to have ongoing construction and road networks. The nodal officer stated that signboards will mark the sites as illegal, and constructions will be demolished. The land ownership is under legal dispute, complicating matters further. A crackdown on illegal activities will follow, including filing complaints against property dealers involved in unauthorized sales, urging buyers to verify legal clearances before purchasing real estate.Read more
Info-x Software Technology Pvt Ltd, led by its director Rishi Parti, has acquired a 16,000 sq ft penthouse in The Camellias, an ultra-luxury residential project in Gurugram. The deal, valued at INR 190 crore, was registered on December 2, with the company paying INR 13 crore in stamp duty. This transaction is among the priciest apartment deals in India, reflecting the growing demand for luxury real estate. The Camellias has seen a surge in high-profile buyers, including business leaders and entrepreneurs. Property values in areas like Gurugram and Delhi's Lutyens Zone are now on par with Mumbai's elite neighbourhoods.Read more
GMDA's plan to revamp the 11-km stretch connecting IFFCO Chowk to Dwarka Expressway remains stalled, despite its approval in October 2022, due to land encroachments and limited availability. Narrowed sections, particularly in Basai, and illegal property extensions have hampered progress. The project aims to ease traffic in old Gurgaon with features like a grade separator, improved footpaths, on-street parking, and a utility duct. However, demolition resistance and land shortages for a parallel rail overbridge have caused delays. Without a clear timeline, residents face ongoing congestion and rising project costs, underscoring the need for swift resolution.Read more
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