SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Gurugram

Gurugram real estate fraud case deepens as director held for selling same floor to multiple buyers

11 Feb 2026

A major commercial property fraud case in Gurugram has widened after police arrested the director of a real estate firm for allegedly selling the same building floor to more than 25 buyers. The case surfaced following a complaint by a corporate buyer that paid INR 2.5 crore for a unit but never received registered ownership. Investigators later found that the same floor was repeatedly sold and then leased back through another company. The alleged fraud is estimated at around INR 500 crore and is under investigation by the Economic Offences Wing.Read more

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Renting out a flat does not automatically remove homebuyer's consumer rights: Supreme Court

10 Feb 2026

The Supreme Court has ruled that renting or leasing a residential flat does not automatically disqualify a homebuyer from being treated as a consumer under the Consumer Protection Act, 1986. The court said consumer status can only be denied if it is clearly proven that the property was bought mainly for commercial purposes. The ruling came while overturning an NCDRC order that had dismissed a complaint solely because the flat was rented out. The court clarified that the burden of proving commercial intent lies with the developer, not the buyer. Since no such evidence was established, the homebuyer's complaint has been restored for fresh hearing.Read more

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DTCP halts property registrations for commercial colony in Gurugram

Gurugram News Desk

10 Feb 2026

The Department of Town and Country Planning (DTCP) has stopped the registration of sale, lease and conveyance deeds for a commercial colony in Gurugram's Sector 53 after finding that the project licence had expired and was never renewed. The licence, issued in 2002 for nearly 3.95 acres, lapsed in 2005. DTCP also noted unpaid statutory dues of about INR 87.6 lakh. Enforcement authorities have directed revenue officials to flag violations and asked police to initiate legal action against the developers.Read more

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Haryana affordable housing policy stalls in Gurugram and Faridabad as rising land and construction costs hit viability

Gurugram News Desk

06 Feb 2026

Haryana's flagship affordable housing policy has effectively stalled in Gurugram and Faridabad, with developers and industry stakeholders saying that escalating land and construction expenses have made projects under the scheme financially unviable. Officials from the Town and Country Planning Department have confirmed that no new licences for affordable housing projects have been granted in Gurugram over the past one-and-a-half to two years, and the Gurugram-Manesar Master Plan area has not seen any fresh affordable housing developments during this period. Under the current policy, the sale price of affordable units is capped at INR 5,000 per sq ft, but surging input costs have far outpaced this rate, leaving developers unable to meet prescribed price limits. Homebuyers and industry bodies are now urging the state government to revise the pricing framework and make the policy continuous rather than episodic to restore project momentum.Read more

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GMRL seeks HSVP land for entry/exits at eight Gurugram metro stations

Gurugram News Desk

05 Feb 2026

Gurugram Metro Rail Limited (GMRL) has formally requested the Haryana Shehri Vikas Pradhikaran (HSVP) to allocate parcels of land for the construction of entry and exit points at eight stations on the first phase of the Old Gurugram Metro project. The stations requiring land include Millennium City Centre, Sector 45, Sector 33, Udyog Vihar Phase Six, Sector 10, Sector 37, Basai and the station near Dwarka Expressway, with individual requirements ranging from around 287 sq m to over 700 sq m per site. Most of this land is reportedly HSVP-owned, and the authority is considering the request. Should any portions be privately held, acquisition will proceed under Gurugram Metro's updated land policy, supported by a state-level land acquisition committee chaired by the deputy commissioner. Metro construction is underway between Sector 45 and Bakhtawar Chowk, with elevated viaduct work poised for pillar slab erection by May.Read more

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Gurugram property registrations under scrutiny despite prohibition orders

05 Feb 2026

Revenue officials in Gurugram have come under scrutiny after several property registrations were carried out despite explicit prohibition orders issued by the Town and Country Planning Department (TCP). The issue surfaced following the registration of the Bristol Hotel-cum-commercial complex on MG Road, which was processed even after the TCP directed authorities to halt all related transactions. The TCP has sought legal action against the officials involved and flagged similar cases linked to Ansal Buildwell, raising concerns over compliance with planning and registration laws.Read more

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Gurgaon’s EV push stays limited to cabs and autos as bus fleet continues on CNG

Gurugram News Desk

04 Feb 2026

Gurgaon's shift towards electric mobility in public transport remains uneven, with progress largely confined to e-cabs and electric autos. Over 20,000 electric commercial vehicles are registered in the city, but its entire public bus fleet continues to operate on CNG. Plans to introduce electric buses have been discussed for several years under national schemes, with Gurgaon expected to receive a large share of the proposed fleet. However, pending approvals and slow execution have delayed implementation, keeping large-scale public transport outside the EV transition.Read more

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Gurgaon affordable housing drive draws strong interest with over 4,700 applicants cleared in first phase

Gurugram News Desk

03 Feb 2026

Gurgaon's district administration has kicked off the verification process for 6,743 affordable homes reserved for economically weaker sections (EWS) under the Haryana government's urban housing initiative, with 4,728 applicants cleared in the first phase. The 1-BHK flats, priced at a highly subsidised INR 1.5 lakh each, are located in private colonies and high-rise societies, providing access to planned, organised urban housing. Authorities received more than 120,000 applications for the units, and initial checks found a substantial number of submissions valid, advancing them to the next stage. Eligible applicants are required to pay a booking amount to move forward in the allocation process, which will conclude with a draw to finalise allotments. Officials have underscored the transparent conduct of the process and urged applicants to interact only through official channels.Read more

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Six-lane underpass at Bakhtawar Chowk in Gurugram to ease congestion soon

Gurugram News Desk

03 Feb 2026

The Gurugram Metropolitan Development Authority (GMDA) is moving forward with the construction of a six-lane underpass at Bakhtawar Chowk to reduce traffic congestion on the busy Subhash Marg corridor. The project has been allocated INR 80 crore and will span about 550 metres, including two surface lanes for local traffic. It is being coordinated with the Sector 47 metro station on the Millennium City Centre-Cyber City corridor. The underpass replaces an earlier flyover plan and reflects years of planning to streamline vehicle movement in the area.Read more

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Land and real estate revenue eyed to shore up Gurugram Metro finances

Gurugram News Desk

02 Feb 2026

The Gurugram Authority is exploring land allocation and real estate revenue options to improve the financial sustainability of the newly built Gurugram Metro. Gurugram Metro Rail Limited (GMRL) had earlier requested that land parcels along the metro corridor be studied for potential commercial and value capture development to generate revenue beyond fare collections. In response, the city's zonal office and chief town planner have been asked to examine suitable land allocation and value capture finance mechanisms that could include commercial development rights, increased floor area potential near stations, transit-oriented development, and other real estate-linked revenue streams. The move comes as transit systems increasingly look to non-fare income sources including leasing, advertising, and property development to bridge funding gaps. The proposal is seen as a step toward making the Gurugram Metro financially viable and less dependent on government subsidies.Read more

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MCG to establish micro data centre to digitise Gurugram’s water supply network

Gurugram News Desk

01 Feb 2026

The Municipal Corporation of Gurugram (MCG) has announced plans to set up a micro data centre to digitise the city's water supply network, officials said, as part of broader efforts to improve monitoring and reduce water losses. The centre will integrate geographic information systems (GIS), artificial intelligence, Supervisory Control and Data Acquisition (SCADA) systems and sensor technology to monitor water infrastructure in real time, allowing more precise tracking of supply, consumption and losses arising from leakages or theft. Gurugram will be divided into District Metered Areas (DMAs) to enhance the accuracy of data collection and enable quicker response to network faults. The initiative is inspired by advanced water management practices and aims to strengthen service reliability. Initially focused on water supply, the digital infrastructure could later be extended to cover other civic utilities such as sewerage systems. Implementation is expected to unfold over a two-year timeline.Read more

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Gurugram developer served notice as commercial project licence lapses, DTCP issues 30-day compliance window

Gurugram News Desk

01 Feb 2026

The Haryana Directorate of Town and Country Planning (DTCP) has issued a regulatory notice to a Gurugram developer over alleged non-compliance related to a commercial colony project in Sector 65, citing lapses in statutory approvals. The licences, originally granted in 2011 and 2012 for a 3.2-acre development in the Gurgaon-Manesar Urban Complex, expired in 2019 and 2020, and were not renewed due to failure by the developer to apply for renewal or submit requisite fees and documents. DTCP also cited non-transfer of land earmarked for master plan roads to the government free of cost. The developer has been given 30 days to rectify the deficiencies, failing which further action under the Haryana Development and Regulation of Urban Areas Act may be initiated, including formal enforcement proceedings. Authorities have been instructed to update the case status publicly.Read more

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AIPL strengthens Gurugram presence with 43-acre land acquisition for large township

Gurugram News Desk

30 Jan 2026

AIPL has acquired a 43-acre land parcel in Gurugram's Sector 103 on the Dwarka Expressway for INR 1,000 crore through the Debt Recovery Tribunal, allowing six banks to exit their exposure on the asset. The developer is also in talks to acquire an additional 20 acres, building toward a multi-phase integrated township. The first phase, AIPL Lake City, covering 5.14 acres, has a revenue potential of INR 1,500 crore, while the entire township is expected to generate over INR 20,000 crore. The project includes high-rise towers with premium pricing.Read more

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"High Court stays demolition of UltraTech Cement’s Gurgaon RMC plant "

Gurugram News Desk

28 Jan 2026

The Punjab and Haryana High Court has temporarily stayed the Municipal Corporation of Manesar's order to shut and dismantle UltraTech Cement's ready-mix concrete (RMC) plant in Naurangpur village, Gurgaon. UltraTech challenged the directive, citing over two decades of lawful operations and valid statutory approvals, including change of land use and building plan permissions from 1998, as well as a green-category consent to operate from Haryana State Pollution Control Board in 2024. The court has directed the corporation to submit a detailed reply by late February, allowing operations to continue until the next hearing.Read more

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Elan Group awards INR 840 crore construction contract to Tata Projects for Gurugram luxury housing project

27 Jan 2026

Real estate developer Elan Group has awarded an INR 840 crore construction contract to Tata Projects for its newly launched luxury residential development in Gurugram. The contract covers construction works for Elan The Statement a high-end housing project located in Sector 49. Spread across six acres, the development will comprise 230 apartments, with Elan Group committing a total investment of around INR 1,600 crore for the project. The developer stated that the appointment of Tata Projects reflects its focus on engineering expertise, execution capability and delivery reliability for large-scale residential developments. With this project, Elan Group aims to strengthen its presence in Gurugram's premium housing segment, while Tata Projects adds another significant residential assignment to its portfolio in the National Capital Region.Read more

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DLF to enter senior living segment with Gurugram project valued at around INR 2,000 crore

27 Jan 2026

DLF Ltd has announced plans to launch its first senior living housing project in Gurugram during the current quarter, marking its entry into the senior housing segment. The project is expected to have an estimated revenue potential of around INR 2,000 crore and forms part of the company's broader residential expansion strategy. Management remains confident about housing demand in Gurugram, particularly for established developers, and has reiterated its pre-sales guidance of INR 20,000-22,000 crore for the ongoing financial year. The company attributed muted sales in the December quarter to the temporary pause in bookings at its ultra-luxury project, The Dahlias, and the absence of new launches. With sales at The Dahlias resuming and multiple launches planned across key markets, DLF expects momentum to improve over the coming quarters.Read more

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GMDA clears encroachments to improve access for Gurgaon railway station revamp

Gurugram News Desk

27 Jan 2026

The Gurugram Metropolitan Development Authority (GMDA) recently conducted a two-day anti-encroachment drive along Old Railway Road to support the redevelopment of Gurgaon Railway Station. Illegal shops, extended sheds, and street vendors had narrowed the approach road, causing congestion and obstructing renovation work. Around 100 shops were partially or fully cleared, and vendors near the Sabzi Mandi were instructed to operate within designated areas. Traffic police issued 115 challans for violations, and GMDA has stated that monitoring will continue to prevent future encroachments and maintain smooth access.Read more

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ASF Insignia secures around INR 1,250 crore capital commitment from Alpha Alternatives for Gurugram office campus

26 Jan 2026

ASF Insignia, an integrated commercial IT office campus located in Vatsal Valley, Gurugram, has secured an equity and quasi-equity capital commitment of approximately INR 1,250 crore from Mumbai-based Alpha Alternatives. The investment highlights sustained institutional interest in large, high-quality office assets in the National Capital Region. The capital is being infused in tranches, with the first tranche of about INR 450 crore already received. The funds are intended to strengthen the balance sheet of ASF entities through debt reduction, while also supporting infrastructure upgrades, amenity enhancements and building refinements across the campus. The investment aims to improve occupier experience, revive leasing momentum and reposition ASF Insignia as a long-term, institutionally driven prime office destination in Gurugram.Read more

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SC flags serious lapses in PMAY EWS housing project in Gurgaon

Gurugram News Desk

26 Jan 2026

The Supreme Court has asked the Haryana government and developer Mahira Buildwell for detailed explanations following allegations of fraud in an Economically Weaker Sections (EWS) housing project in Gurgaon under the Pradhan Mantri Awas Yojana (Urban). Homebuyers claim the developer used forged bank guarantees, fake signatures, and improperly obtained licences while completing only a small fraction of the construction. Authorities, including Haryana RERA, banks, and the town planning department, are also under scrutiny for inaction. The court's review could impact regulatory oversight and homebuyer protection in affordable housing projects.Read more

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GMDA proposes elevated road along Old Railway Road to ease congestion

Gurugram News Desk

25 Jan 2026

The Gurugram Metropolitan Development Authority (GMDA) has asked Gurgaon Metro Rail Ltd (GMRL) to study the feasibility of constructing an elevated road alongside the proposed metro corridor on Old Railway Road to address traffic congestion in the old city. The 7.4 km project, estimated at INR 750 crore, would run from Rajiv Chowk to near Atul Kataria Chowk with multiple ramps. Coordinated planning is essential as metro and road corridors share tight space. Agencies are exploring technical solutions to fit both elevated structures, but alignment conflicts and narrow right-of-way remain key challenges.Read more

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