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26 Feb 2026
Ajit Jain, Vice-Chairman of Insurance Operations at Berkshire Hathaway and a long-time associate of investor Warren Buffett, has bought a luxury apartment worth INR 85 crore in Gurugram's premium residential project DLF The Camellias. The 7,400 square-foot residence marks one of the high-value transactions in India's ultra-luxury segment and reflects sustained demand among high-net-worth individuals including NRIs for centrally located, amenity-rich housing in the National Capital Region (NCR). The deal is understood to have set an effective rate of around INR 1.10 lakh per square foot for this configuration and was finalised recently when Jain travelled from overseas to complete documentation. Gurugram's super-luxury housing segment has been recording record sales values, further underlining the city's emergence as a preferred address for affluent homebuyers.Read more
23 Feb 2026
The Municipal Corporation of Gurugram (MCG) has formed a Road Development Cell (RDC) to strengthen supervision of road projects and improve grievance redressal. The cell will monitor all road works costing INR 25 lakh and above, review timelines and quality, and track financial progress. Headed by Municipal Commissioner Pradeep Dahiya, it includes senior officials and engineers. The RDC will also consolidate complaints received through various civic platforms and coordinate with agencies such as GMDA, HSVP and PWD to reduce delays and improve accountability.Read more
22 Feb 2026
Central Park Estates has launched Belanova, an ultra-luxury high-rise residential development within its Central Park Resorts township in Gurugram, with a total project investment of INR 1,200 Cr and an estimated revenue potential of INR 2,500-3,000 Cr. The low-density project comprises 124 residences with an average ticket size of around INR 25 Cr each. The developer has outlined a calibrated monetisation strategy, targeting sales of about INR 500 Cr in FY26 and INR 1,000 Cr in FY27. Funded through internal accruals and project finance, Belanova has no institutional or private equity participation and has already seen around 25% inventory sold. Completion is scheduled for end-July 2026.Read more
22 Feb 2026
Signature Global (India) Ltd. has announced its entry into large-scale commercial real estate through a 50:50 joint venture with RMZ Corp to develop a mixed-use project on Southern Peripheral Road (SPR), Gurugram. Under the agreement, RMZ will invest INR 1,283 crore to acquire a 50% equity stake in Gurugram Commercity Limited (GCL), a wholly owned subsidiary of Signature Global. The development, spanning 3.94 million sq ft of Floor Space Index (FSI), will include office spaces, hotels and retail components. Upon completion, the project is expected to have a total capital value of approximately INR 14,000-16,000 crore, positioning it among the larger mixed-use developments in the region and marking a strategic diversification for Signature Global beyond its core residential portfolio.Read more
22 Feb 2026
The Department of Town and Country Planning (DTCP) in Gurugram has recently conducted an enforcement drive to dismantle illegal colonies and unauthorised structures across multiple locations after receiving public complaints. The operation, carried out over several days, saw foundation-level constructions, boundary walls and internal roads removed in areas including Sadhrana, Bohra Kalan, Jamalpur and Sector 89, where work was halted at early stages to discourage further unauthorised development. In addition to clearing encroachments on agricultural and revenue land, an unapproved site office within a licensed residential colony was also demolished. Police personnel supported the enforcement teams to maintain order during the proceedings. Officials stressed that sustained action will continue to curb unplanned expansion and urged prospective buyers to verify project licences before investing, as part of efforts to protect homebuyers and uphold urban planning norms.Read more
21 Feb 2026
Authorities in Gurugram have dismantled two farmhouses and a concrete wall spread over about 26 acres in the Raisina hill area of the Aravali range after identifying fresh unauthorised construction activity in the ecologically sensitive zone, officials said on Monday. The demolition, carried out by the forest department, followed a survey that found extensive concretisation, vegetation clearance and the use of earthmovers without statutory permissions on land protected under the Aravali Notification as uncultivable hill terrain. The action underscores ongoing enforcement to protect the fragile landscape from illegal encroachments and construction, which violate provisions of the Punjab Land Preservation Act and environmental safeguards. Previous directives from tribunals and courts have called for removal of unauthorised structures across the Aravalis.Read more
16 Feb 2026
A naib tehsildar in Gurugram has come under official scrutiny following allegations that he authorised property registries in violation of a ban, prompting a departmental investigation and suspension. The official, posted in Wazirabad tehsil, is accused of processing conveyance deeds linked to Ansal Buildwell despite a directive from the Department of Town and Country Planning (DTCP) issued in 2022 that prohibited such registrations. Among the disputed transactions is an exchange deed involving land designated for public utility in Sushant Lok 3. Notices have been issued to the builder's representatives as part of the probe, with officials reviewing manual records predating the full rollout of the online registry system and assessing compliance with planning norms. Authorities have indicated that further disciplinary and legal action could follow based on the audit's findings.Read more
16 Feb 2026
Signature Global plans to launch a branded luxury housing project in Gurugram with an estimated revenue potential of around INR 5,000 crore. The project will be developed on a 7-acre parcel within its 25-acre landholding on Southern Peripheral Road (SPR), offering about 20 lakh sq ft of saleable area. Chairman Pradeep Aggarwal said the company is in talks with hospitality chains for brand association and expects to launch the project in 5-6 months. He also expressed confidence of achieving the revised sales bookings target of INR 10,300 crore this fiscal. The remaining 18 acres will be developed into a large commercial project in partnership with RMZ Group, with an estimated investment of INR 7,500 crore.Read more
15 Feb 2026
Hero Realty, the real estate arm of Hero Enterprise, has entered into a strategic partnership with Panasonic Electric Works India to integrate advanced electrical infrastructure and smart living solutions at The Palatial, its flagship ultra-luxury residential project in Sector 104 along the Dwarka Expressway, Gurugram. The collaboration will see 150 select residences equipped with Panasonic's end-to-end power, electrical, and smart home solutions, positioning the project as a co-branded offering focused on long-term safety, reliability, and future readiness. The limited-edition homes, offered in 3.5 BHK and 4.5 BHK configurations, are priced from INR 5.25 crore onwards. The partnership reflects growing demand among premium homebuyers for wellness-led, technology-enabled living environments supported by robust core infrastructure rather than standalone smart features.Read more
13 Feb 2026
Property registrations and sales in Gurugram's Valley View Estate have been suspended after the development licence issued in 1994 to BSF Co-operative House Building Society Ltd. lapsed in 2011 and remained unrenewed. The Haryana DTCP has instructed authorities to make a red entry in revenue records, preventing all transactions until fresh approvals are secured. Despite repeated notices and a regulatory hearing last December, the society admitted it could not renew the licence. The move affects both existing residents and prospective buyers, reflecting the strict regulatory enforcement in Gurugram's real estate sector.Read more
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12 Feb 2026
Prozo has commissioned its largest multi-client fulfilment centre in Gurugram, Haryana, strengthening its logistics presence in North India. Spread across 1.5 lakh sq ft at Horizon Industrial Parks, the facility adds significant capacity to the company's national network of over 50 fulfilment centres. The hub is designed to support enterprise, retail and direct-to-consumer clients through advanced material handling systems and integrated technology platforms. The development aligns with Prozo's ongoing focus on technology-led logistics operations and scalable infrastructure.Read more
12 Feb 2026
Dhruv Sharma, founder and CEO of Gurugram's 32nd Avenue commercial project, was arrested in connection with a major real estate fraud estimated at around INR 500 crore. Police allege Sharma sold the same commercial floor to nearly 25 different buyers using duplicate agreements and forged documents, promising ownership and assured returns. Complaints arose over denied access and missing legal papers. Multiple FIRs have been registered, and investigations are ongoing into financial trails, bank records, and possible shell companies. The case highlights gaps in investor protection and property transaction oversight in India.Read more
12 Feb 2026
A Gurgaon-based real estate firm has entered the corporate insolvency resolution process after a default claim of approximately INR 274 crore was raised by IDBI Trusteeship Services on behalf of non-convertible debenture holders. The claim covers principal, interest, default interest, and a fixed redemption premium, secured against land in Harsaru, Gurgaon. The developer has contested the default, stating that the NCD redemption dates were extended with consent from the investment manager, making the petition premature. The National Company Law Tribunal appointed an interim resolution professional to manage the proceedings.Read more
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
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
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
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
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
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
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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