Unitech has resumed the construction of its long-stalled South Park project in Gurugram's Sector 70, which was halted in 2013. Originally intended to deliver 832 flats across 27.4 acres, only 672 units were sold before work stopped. The new management, appointed after a Supreme Court order, secured necessary clearances and plans to complete the project within three years. An additional 4.31 acres have been acquired to expand the project. Safety assessments are being conducted, and a quarterly payment plan for buyers has been introduced. However, buyers face challenges in securing loans, with some planning to seek court intervention.Read more

H-RERA met with the homebuyers concerned with the delays in the OSB Expressway Towers project in Sector 109, Gurgaon, and has issued a final warning to the builder. The project, which has been delayed for more than seven years, must be completed within the next six months. If the builder fails to meet this deadline, H-RERA may transfer control of the project to a buyers' association or bring in a third-party builder to finish the work. This decision is intended to protect the rights and interests of the homebuyers who have been waiting for their homes for an extended period.Read more

Ciena, a U.S.-based networking systems and software company, has leased 135,000 square feet of office space in the TRIL Tower, Gurugram, as part of its expansion into India. This move reflects a broader trend in the National Capital Region (NCR), where the denotification of Special Economic Zones (SEZs) is reshaping the commercial real estate market. While office space leasing in the NCR has seen a 16% decline year-over-year, demand for well-located offices remains strong. Ciena's new space underscores the growing importance of India in the tech sector and the shift towards flexible, technology-equipped office environments.Read more

The Punjab and Haryana High Court has postponed the next hearing on the stilt-plus-four (S+4) floors policy to September 3. The policy, which allows four-floor buildings on residential plots, was paused after concerns about its impact on Gurgaon's infrastructure. The Gurgaon Citizens Council (GCC) challenged the policy, leading to a court-ordered suspension until further review. Builders sought to join the case, but GCC opposed their involvement. They emphasised the need for an environmental impact assessment, citing strained city services like water and sewage. They argue that reimplementing the policy without infrastructure upgrades would further damage the city's urban fabric.Read more

Residents of South City 1 are voicing their frustration over the neglect of basic civic amenities, five years after the area was handed over to the Municipal Corporation of Gurgaon (MCG). Persistent issues, such as pothole-ridden roads, inadequate water supply, and poor drainage, have significantly affected their daily lives. A recent protest saw residents holding signs and demanding immediate action from MCG, highlighting the disrepair of roads, sanitation concerns, and frequent flooding during monsoons. Despite meeting with MCG officials and receiving assurances that these issues would be addressed, residents remain cautious but hopeful that their demands will lead to concrete improvements in their living conditions.Read more

Investors can now capitalise on prime commercial real estate with the launch of society shops at India Rashtra, Sector 88A, and Vanya City, Sector 99A, Gurgaon. These projects, authorised under the New Integrated Licensing Policy 2022 and Deen Dayal Jan Awas Yojana, offer lockable shops in highly desirable locations along Dwarka Expressway. India Rashtra offers shops from 312.328 to 384.537 sq. ft., while Vanya City features spaces from 399.95 to 1381.36 sq. ft. Registration for both projects is open until 5th September 2024, with the draw of lots on 7th September 2024. Investment starts from INR 32.46 lacs for India Rashtra and INR 46 lacs for Vanya City.Read more

Welspun One, an integrated fund and development management platform, has acquired a 22-acre site along the Gurugram-NH8 corridor, one of India's largest logistics sub-markets. The company plans to invest INR 125 crore to develop a logistics park that is expected to generate employment for 1,200-1,500 people. The transaction was facilitated by JLL, which described the land deal as unique, involving a long-term lease of aggregated land from multiple private landlords. The site's strategic location near existing major logistics parks, complementing the surrounding infrastructure, makes it an attractive proposition for tenants, including leading third-party logistics players, e-commerce giants, and retail players.Read more

Deutsche Telekom Digital Labs (DTDL) has leased 51,000 square feet of office space at WeWork in Gurugram, marking its second office in the area. The new facility, featuring 700 work units, is located in DLF Cybercity and aligns with DTDL's growth strategy and post-pandemic workspace trends. WeWork, which manages 1.08 million square feet in Delhi-NCR, is experiencing high demand for flexible workspaces. This deal underscores the broader shift towards adaptable office environments, with WeWork also expanding in Noida, Pune, and Chennai. As companies adapt to hybrid work models, the demand for flexible office solutions continues to rise.Read more

Emperium's new luxury project, Emperium Premio, is set to transform Gurugram's real estate landscape. Located in Sector 37C along the Dwarka Expressway, Premio offers 216 apartments in 2, 3, and 4 BHK configurations, plus penthouses, ranging from 1308 to 3600 square feet. Each unit features premium fittings, modular kitchens, and a focus on sustainability with rainwater harvesting and energy-efficient systems. The project includes upscale amenities like a double-height lobby, rooftop pool, and fitness centre. Ravi Saund and Hardeep Singh, Founding Directors of Emperium, promise a blend of luxury, convenience, and eco-friendly living.Read more

The DTCP has issued a 15-day compliance notice to the Residents' Welfare Association (RWA) of Ireo Victory Valley in Sector 67 after EWS flat owners reported being denied access to their homes and common amenities. This issue, highlighted in a grievance hearing led by Deputy Commissioner Nishant Yadav, raises concerns about discrimination against EWS residents. The RWA faces legal consequences if it fails to restore access and services. However, RWA members claim layout issues complicate access. The case underscores ongoing challenges in ensuring equitable treatment for EWS residents in Gurugram and similar communities across India.Read more

The Municipal Corporation of Gurugram (MCG) has taken control of 291 out of 327 acres in Mayfield Gardens, following Chief Minister Nayab Singh Saini's directive to address maintenance issues. This action comes after developers failed to pay development charges, leaving residents with inadequate infrastructure. MCG Commissioner Narhari Singh Banger announced that the corporation would prioritise sanitation and maintenance. Despite the takeover, 36 acres remain under the developer's control, with unresolved issues like sewage and electricity still troubling residents. The transition marks a crucial step in improving living conditions for Mayfield Gardens' residents.Read more

Gurugram District Magistrate Nishant Kumar Yadav has ordered the residents of Tower J in Chintels Paradiso, Sector 109, to vacate their flats within the space of 15 days, citing an IIT-Delhi audit report that deemed the building "unsafe." The order, issued under Section 163 of the Indian Civil Defence Code, follows a previous directive to vacate and demolish five other towers in the same society. The developer of the project, Chintels India Pvt. Ltd., is required to settle compensation claims for affected residents. Police assistance may be sought for enforcement, with penalties for non-compliance under the Disaster Management Act applicable.Read more

The Municipal Corporation of Gurgaon (MCG) has fined two residential societies on Golf Course Road Extension a total of INR 35,000 for non-compliance with Solid Waste Management (SWM) regulations. The fines include INR 25,000 for one society and INR 10,000 for the other. Inspections revealed failures in composting wet waste and recycling dry waste. Both societies were also found lacking waste processing units. The MCG has granted a 20-day period for compliance, warning of further penalties if regulations are not met. This action is part of MCG's broader effort to enforce stricter waste management practices in the rapidly urbanizing city.Read more

Max Estates is launching a luxury housing project, 'Estates 360,' along the Dwarka Expressway in Gurugram. The project, covering 2.4 million square feet, features Delhi-NCR's first "intergenerational living community," blending senior and non-senior residences. With an estimated gross development value of INR 4,000 crore, it includes 864 units, with one-third dedicated to senior living. The project, awaiting RERA approval, will launch soon, with apartment prices of around INR 5 crore. Supported by New York Life Insurance's equity investment, Max Estates maintains a strong financial position, emphasising innovative real estate solutions and community-focused living.Read more

Sobha Ltd is enhancing its footprint in Gurgaon with a joint development agreement for a 12-acre residential project in Sector 63A, marking its third venture in the city. Sobha plans to add 9 million square feet of residential space in FY25, reflecting growing demand in the area. The Golf Course Extension is a key focus due to its high-end infrastructure. With a 28% rise in FY24 sales to INR 6,644 crore, Sobha's expansion strategy aligns with Gurgaon's booming real estate market.Read more

The Green View project, developed by NBCC, was deemed unsafe by IIT-Roorkee and CBRI, leading to a directive for residents to vacate their flats by March 2022 due to severe structural issues. On June 25, NBCC sought permission to demolish seven unsafe towers, but this request faced strong opposition from Economically Weaker Section (EWS) residents, who are dissatisfied with unresolved compensation claims. The EWS residents, many economically disadvantaged, have been vocal about their grievances in a grievance redressal meeting and have a pending case in the Delhi High Court. Consequently, the district administration denied NBCC's demolition request, emphasizing compliance with the High Court's final decision and ensuring fair compensation for the affected residents. The decision highlights the need for legal adherence and fair treatment of vulnerable stakeholders.Read more

Homebuyers of the ATS Marigold project in Sector 89A, Gurugram, await possession of their flats as ATS Infrastructure Ltd. faces an investigation for fund diversion and missed pre-EMI payments. Sanctioned in 2013, the project saw buyers approaching the National Consumer Disputes Redressal Commission (NCDRC) and Economic Offences Wing (EOW) in 2021, seeking refunds and interest. Allegations include collecting funds without licenses and financial misappropriation. Despite some towers being completed, many buyers remain without their homes, continuing to pay EMIs. ATS attributes delays to external factors, stressing that project funds are monitored under RERA regulations and the SWAMIH Investment Fund.Read more

The Supreme Court has directed the Haryana government to provide detailed information on affordable housing projects licensed over the past decade. This directive arises from the ongoing legal battle involving buyers of Mahira Homes in Sector 103, Gurugram, who have invested approximately INR 160 crore in a stalled project. Issued on July 22, the court's order mandates the Department of Town and Country Planning (DTCP) to furnish details on flat costs at launch, approved layouts, and amendments to building plans. The court seeks to ensure transparency and accountability in tripartite agreements between builders, homebuyers, and banks. With 73 affordable housing licences issued in Gurugram, many projects, including Mahira Homes, have seen minimal progress, raising concerns about regulatory enforcement. The next hearing is scheduled for September 27, with significant implications for future housing project oversight in Haryana.Read more

Elan Group has teamed up with global real estate leader CBRE to manage its four malls in Gurugram: Elan Epic, Elan Town Centre, Elan Miracle, and Elan Mercado. This INR 7.5 crore annual contract aims to enhance customer experiences and operational efficiency. CBRE will bring its expertise in property management to optimise mall operations, implement best practices, and drive tenant satisfaction. Elan Group's Senior VP, Pooja Patti, expressed excitement about the partnership, while CBRE's Rajesh Pandit highlighted the importance of professional facility management in maintaining the value and appeal of real estate assets.Read more

Gurugram authorities are cracking down on illegal construction in affordable housing units, following a survey by the District Town Planner (Enforcement) department revealing widespread violations in EWS category homes in DLF Phase 5. Show-cause notices were issued to 100 homeowners for illegally converting EWS units into commercial spaces or adding extra floors. Despite notices, inadequate responses have led to the preparation of restoration orders. These violations have strained infrastructure, highlighting the need for stricter enforcement of building regulations and protection of low-income residents' rights. Restoration orders will mandate compliance or result in property sealing.Read more