12 Apr 2026

Trehan IRIS has launched Omara, a wellness-focused luxury residential development in Sector 80, Gurugram, comprising 320 golf-facing 3.5 and 4.5 BHK units. The project integrates over 110 amenities and 50 longevity programmes centred on fitness, recovery and lifestyle management. Designed around biophilic planning and wellness infrastructure, the development includes features such as a spa collaboration with L Occitane en Provence and advanced therapy facilities. The launch reflects a growing shift in premium housing towards wellness-oriented design, with developers incorporating health-focused amenities as a key differentiator in high-end residential markets.Read more

11 Apr 2026

M3M India has received the Occupancy Certificate for M3M Paragon57, a mixed-use high-street retail development in Sector 57, Gurugram. Spread across 3.16 acres, the project comprises 554 units with a saleable area of about 5 lakh sq ft and an estimated investment of INR 560 crore. The development integrates retail with serviced apartments and has already pre-leased around 60% of its retail space. With a projected topline of nearly INR 1,000 crore, the project reflects continued demand for curated high-street retail formats in established urban micro-markets.Read more

Gurugram News Desk

11 Apr 2026

BPTP Limited has awarded a construction contract worth approximately INR 488 crore to NCC Limited for its residential project, Downtown 66, located in Sector 66, Gurugram. The contract covers civil structure and finishing works for a total built-up area of about 1,79,302 sq m, including residential towers and associated amenities. Positioned along Golf Course Extension Road, the development forms part of BPTP's ongoing portfolio in the city. The project has secured IGBC Platinum pre-certification and is being designed to meet higher seismic standards. Multiple global and domestic consultants have been engaged across architecture, engineering, and sustainability disciplines, reflecting a multi-stakeholder approach to execution.Read more

10 Apr 2026

The Real Estate Regulatory Authority (RERA) in Gurugram has cleared all pending complaints up to 2024, marking a significant improvement in case resolution. The authority stated that over 2,000 cases pending as of the end of the past financial year have now been resolved. In 2025 alone, more than 5,000 complaints were adjudicated, with relief provided in the form of refunds or delayed possession charges based on case merits. Gurugram RERA now leads in complaint disposal efficiency among RERA bodies, despite being among the top in complaint registrations.Read more

10 Apr 2026

Real estate firm Dalcore has announced an investment of INR 500 crore to develop a branded luxury housing project in Gurugram in partnership with London-based design brand YOO. The project, named The Falcon, has been launched in the past week on a 2-acre land parcel along Golf Course Road and will comprise a single 165-metre-high tower. With a built-up area of approximately 5 lakh sq ft, the development will include 96 units, comprising 93 apartments and three penthouses. Apartment prices are expected to start from INR 10 crore, with the developer targeting total revenues of around INR 1,450 crore. The project marks Dalcore's entry into the residential segment and introduces YOO-branded residences to North India, reflecting growing demand for design-led premium housing offerings in key urban markets.Read more

09 Apr 2026

Godrej Properties Ltd has launched Neighbours With Nature, a platform aimed at neighbourhood-level ecological restoration and environmental integration across its developments. The initiative, announced in the past week, brings together the developer's sustainability efforts, including waste diversion, water recharge and afforestation, under a single framework. As part of its first project, the company has partnered with I Am Gurgaon to support the revival of the 5.2-km Chakkarpur Wazirabad Bundh in Gurugram. The corridor, previously a degraded drain, has been restored into a green urban stretch with native plantations, pedestrian pathways and water recharge systems. The platform is intended to scale ecological interventions across emerging micro-markets while linking real estate development with surrounding environmental infrastructure.Read more

09 Apr 2026

KREEVA, the real estate arm of Kanodia Group, plans to invest around INR 400 crore to develop a residential project in Gurugram. The company has signed a joint development agreement for a 3-acre land parcel on Southern Peripheral Road. The project will include about 200 housing units with a total built-up area of 5.5 lakh sq ft. This move follows KREEVA's earlier partnership with Shapoorji Pallonji Real Estate in Gurugram, reflecting its continued focus on expanding presence in the Delhi-NCR residential market.Read more

Gurugram News Desk

08 Apr 2026

Gurugram has revised circle rates for FY27 with increases ranging between 15% and 30% in most areas, while select high-growth locations have seen hikes of up to 75%. The revision aims to align government property values with prevailing market rates and improve transparency in transactions. Around 51% of areas have seen no change, while nearly 11% recorded the highest increase. Key corridors like Dwarka Expressway witnessed sharp revisions due to strong infrastructure growth. The move is expected to increase stamp duty and registration costs for property buyers.Read more

06 Apr 2026

The Haryana Real Estate Regulatory Authority (HRERA) has dismissed a complaint by Sunrays Heights Pvt Ltd against homebuyers over alleged payment defaults in its Gurugram project. The developer had sought recovery of dues with interest, but the authority ruled that such disputes must be handled as per builder-buyer agreements, not through regulatory intervention. HRERA clarified that payment-related issues are contractual matters and should be resolved through appropriate legal channels. The decision reinforces the role of agreements in real estate transactions and highlights that RERA's mandate is focused on regulation and compliance, not dispute recovery for developers.Read more

06 Apr 2026

The National Company Law Appellate Tribunal has rejected a plea by Raheja Developers to terminate insolvency proceedings for its Raheja Shilas project in Gurugram, stating that disputes with homebuyers remain unresolved. The tribunal held that withdrawal of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code can only be permitted after a complete settlement between parties. Over 40 homebuyers had initiated the insolvency proceedings, objecting to closure despite claims of possession being handed over. The tribunal has limited the CIRP to the specific project while allowing creditors related to other developments to pursue independent legal action.Read more

Gurugram News Desk

06 Apr 2026

The Municipal Corporation of Gurugram (MCG) has recorded property tax collections exceeding INR 350 crore for the financial year ending recently, alongside INR 56 crore from water bills. The surge was driven by last-day payments, extended working hours at civic centres, and improved digital and offline payment systems. Officials facilitated collections even on a holiday, witnessing high taxpayer participation. For the upcoming financial year, the civic body has set a property tax revenue target of around INR 325 crore, reflecting an increase over earlier projections. Authorities have also introduced stricter enforcement measures, including an 18% annual interest on unpaid dues, and are leveraging technology such as artificial intelligence to identify defaulters and improve compliance.Read more

Gurugram News Desk

05 Apr 2026

The Municipal Corporation of Gurugram (MCG) has enforced stricter recovery measures for pending civic dues, introducing an 18% annual interest on unpaid property tax and additional surcharges on overdue water bills from the start of the new financial year. Residents were required to clear outstanding payments by the end of the previous financial cycle to avoid penalties. The move forms part of the civic body's broader strategy to strengthen revenue collection, with a property tax target of INR 325 crore for the current fiscal, marking an 18% increase over the previous year's projections. Authorities have also expanded enforcement and digital tracking measures, including artificial intelligence-led identification of defaulters.Read more

03 Apr 2026

The National Company Law Appellate Tribunal (NCLAT) has modified the insolvency order against Vatika Limited, limiting the Corporate Insolvency Resolution Process (CIRP) only to its Gurugram-based project Aspirations. The tribunal upheld the default but ruled that insolvency should remain project-specific where debt is linked to a particular development. The decision offers partial relief to the developer while allowing creditors of other projects to take separate legal action. It also strengthens the approach of handling real estate insolvency on a project-wise basis under the Insolvency and Bankruptcy Code.Read more

Gurugram News Desk

03 Apr 2026

The Haryana Real Estate Regulatory Authority (HRERA) has ordered BPTP Limited to refund INR 18.12 lakh along with 2% interest to a homebuyer in connection with its Park Terra project in Sector 37D, Gurugram. The directive follows complaints filed by an allottee who had booked units in the project but did not receive possession within the stipulated timeline. The authority rejected the developer's argument that the complaint was time-barred, citing the principle of continuing liability. It also held that deductions towards earnest money cannot exceed 10% under RERA provisions. The case highlights ongoing regulatory scrutiny of delayed housing projects and reinforces compliance requirements for developers operating in Haryana's residential market.Read more

02 Apr 2026

Prestige Estates Projects Ltd has entered into a joint development agreement for a 17.212-acre land parcel in Sector 92, Gurugram, to develop a residential project with an estimated revenue potential of INR 4,200 crore. The proposed development will have a saleable area of around 3 million sq ft. The land is owned by Sare Gurugram Pvt Ltd, a joint venture of Eka, KGK, and Dhoot. The move aligns with Prestige's strategy to expand its footprint in the National Capital Region, where housing demand remains steady, particularly in locations supported by improving infrastructure and long-term growth prospects.Read more

02 Apr 2026

Signature Global and RMZ Group have formed a 50:50 joint venture to develop an 18-acre commercial project in Gurugram, with RMZ investing INR 1,293 crore for its stake. The project will include 35 lakh square feet of office space, retail areas, and two hotels with 500 rooms each, with an estimated capital value of INR 14,000-16,000 crore. The deal strengthens Signature Global's financial position and market credibility. Signature Global has already delivered 16.5 million square feet, while RMZ Group owns assets worth over USD 20 billion across six major Indian cities.Read more

02 Apr 2026

Emperium Group has launched a new residential project, Emperium Titan, in Gurugram with a revenue potential of around INR 167 crore. The project is located along Dwarka Expressway and includes 74 apartments spread across 1.03 acres. Each unit is priced at INR 2.45 crore and offers a size of 1,906 sq ft. The company's expansion comes amid steady housing demand in Gurugram and improving sales trends in the Delhi-NCR market, where residential sales have seen a notable rise in the recent quarter.Read more

30 Mar 2026

Delhi Police's Economic Offences Wing has registered an FIR against Experion Developers and Experion Capital following a complaint by the Enforcement Directorate in a money laundering case linked to Religare Finvest Limited. The case revolves around the alleged diversion of INR 2,036 crore by former promoters Malvinder Mohan Singh and Shivinder Mohan Singh, including INR 150 crore used to acquire land in Gurugram. Investigators have raised concerns over the use of insolvency proceedings, loan acquisition at a discounted value, and voting control within the Committee of Creditors to influence the resolution outcome of Dignity Buildcon.Read more

Gurugram News Desk

30 Mar 2026

The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has directed Imperia Structures Ltd to pay approximately INR 55 lakh as compensation to homebuyers for loss of property appreciation due to delayed possession in its The Esfera project in Sector 37C, Gurugram. The order also includes additional payments towards mental agony and litigation costs. The buyers had booked the unit in 2013, with possession due by 2017, but faced prolonged delays. HRERA noted that the developer's failure to adhere to timelines resulted in financial loss linked to rising property values in the micro-market. The ruling reinforces the authority's approach of awarding compensation beyond refunds in cases of prolonged project delays.Read more

28 Mar 2026

M3M India has partnered with ONE Atmosphere to launch ONE Atmosphere Suites Corner Walk in Gurugram's Sector 73/74. The project will feature 256 fully serviced luxury suites, with operations expected to commence by the winter of 2026. Positioned as a hybrid hospitality-residential asset, the development targets business travellers and long-stay occupants, integrating managed services with residential formats. The launch marks ONE Atmosphere's entry into India and reflects growing developer interest in branded serviced living formats within key NCR micro-markets.Read more