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

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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GMDA pushes integrated planning for metro and elevated roads to decongest Gurugram

Gurugram News Desk

25 Jan 2026

The Gurugram Metropolitan Development Authority (GMDA) has called for a coordinated planning approach to integrate new metro corridors with elevated road infrastructure as part of a broader strategy to tackle chronic congestion in Old Gurugram. In a meeting led by GMDA Chief Executive Officer PC Meena, senior officials from Gurugram Metro Rail Limited (GMRL) and the Haryana Mass Rapid Transport Corporation (HMRTC) were directed to share technical inputs and align plans for metro alignments and elevated road corridors. The coordination is intended to ensure preservation of right of way (ROW) for future demands from both metro ridership and road traffic, particularly along Old Railway Road and the Gurugram Railway Station Bhondsi stretch. The plan envisages operational integration between the Millennium City Centre Cyber City metro line and the proposed route connecting Gurugram Railway Station to Bhondsi, underscoring a multi-modal, multi-level mobility vision to improve travel efficiency and support the city's rapid urban growth.Read more

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Zomato’s parent company leases 2.78 lakh sq ft of office space in Gurugram at around INR 2.3 crore monthly rent

Gurugram News Desk

23 Jan 2026

Eternal Ltd, the parent company of Zomato, has agreed a lease for a substantial commercial office space of 2,78,249 sq ft in Intellion Park, Sector 59, Gurugram, with a monthly rent payment of roughly INR 2.33 crore, according to lease deed documents. The transaction covers seven floors the ground level and floors four through nine under a lease running just under five years, which began in October 2025. The agreement includes a three-year lock-in clause, a 15% rent escalation after three years, and a rent-free fit-out period of six months and 14 days to facilitate tenant customisations before rent payments commence. A security deposit equivalent to six months rent has been paid, and the premises will provide 371 dedicated car parking spaces, calculated on the basis of one parking slot per 750 sq ft. The lease reflects strong occupier demand in Gurugram's commercial office market.Read more

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ED attaches two Gurugram apartments worth INR 73 crore in Gensol Group money-laundering probe

Gurugram News Desk

23 Jan 2026

The Enforcement Directorate (ED) has provisionally seized two ultra-luxury apartments in Gurugram valued at a combined INR 73 crore as part of an expanding money-laundering investigation linked to the Gensol Group and its associated entities. The properties, located in the high-end residential complexes DLF Camellias and DLF The Magnolias, were attached under the Prevention of Money Laundering Act (PMLA) on allegations that the group's promoters diverted public funds and grants for personal enrichment. One apartment, registered to a Gensol Group company, is valued at about INR 40.57 crore, while the other, held by an associated firm, is worth around INR 32.28 crore. Alongside the properties, the ED has also frozen over INR 14 crore in bank balances held across group-related accounts. The action follows multiple First Information Reports (FIRs) filed by law enforcement agencies, including the Economic Offences Wing of the Delhi Police and the Central Bureau of Investigation, in connection with alleged criminal conspiracies involving diverted loans and state-backed grant funds.Read more

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Supreme Court cancels High Court order for CBI probe into Ambience Mall project in Gurugram

22 Jan 2026

The Supreme Court has overturned a Punjab and Haryana High Court order that had directed a CBI investigation into alleged illegal land use in the Ambience Mall project in Gurugram. The top court held that the order was based on unverified material and ignored key facts, including long delays by petitioners. It noted that the mall, hotel, and residential complex were built years ago with visible commercial activity. The court also stayed an environmental compensation of INR 10 crore imposed by the National Green Tribunal.Read more

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Gurugram authorities raze illegal colonies spanning 8.5 acres in regulatory drive

21 Jan 2026

Authorities in Gurugram have undertaken a significant demolition drive to clear illegal colonies developed without required permissions, razing unauthorised structures across 8.5 acres of land. The Department of Town and Country Planning (DTCP), supported by local police, carried out the crackdown with enforcement actions in the Pataudi and Farukhnagar areas. In the first phase of the operation, the DTCP dismantled unauthorised development across about 5 acres at two sites in the Pataudi revenue estate, removing damp-proof courses, boundary walls, and internal roads. A second phase targeted approximately 3.5 acres in Sultanpur and Jurola villages of Farukhnagar, where internal infrastructure was also demolished, as part of an ongoing campaign to curb unplanned urbanisation and halt the sale or occupation of land without statutory approvals.Read more

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Gurugram civic body collects INR 30 crore in year-end property tax drive

18 Jan 2026

The Municipal Corporation of Gurugram (MCG) intensified its property tax collection efforts in the last one and a half months of the fiscal year, raising INR 30 crore. This helped the civic body exceed its earlier annual target of INR 275 crore, with total collections reaching around INR 295 crore. Over 410 notices were issued to defaulters, and 55 properties were sealed for non-payment. Officials are now focusing on commercial activities in residential zones to increase compliance. The drive highlights MCG's efforts to strengthen revenue collection and enforce tax discipline.Read more

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Show-cause notices issued to 90 illegal ready-mix concrete plants in Gurugram

17 Jan 2026

Gurugram authorities have issued show-cause notices to 90 ready-mix concrete (RMC) plants operating without required permits or in violation of environmental and land-use norms. The action is part of a broader enforcement drive to regulate construction activity, curb unregulated industrial units and mitigate pollution and traffic issues linked to unauthorised RMC operations. Officials say many plants were found functioning in non-industrial areas, lacking clearances and posing risks to nearby communities. The notices instruct operators to justify continued operations or face potential closure and penalties.Read more

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