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

Mayfield Garden RWA faces legal action for unlawful construction at dispensary site

26 Jun 2023

The Mayfield Garden Residents Welfare Association (RWA) in Gurugram is facing legal repercussions for constructing commercial structures at a designated dispensary site. The Department of Town and Country Planning (DTCP) has issued a restoration order after the RWA failed to respond to a show-cause notice. The order mandates the removal of unauthorized structures within seven days, with potential demolition if non-compliance occurs.Read more

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Missing property records: Audit reveals Gurugram's Rs 462 crore loss in 11 years

23 Jun 2023

MCG suffered significant revenue losses of Rs 461.7 crore over a 12-year period due to the inability to collect property tax from institutional property owners. An audit revealed missing owner names in MCG's records for zones 1 and 4. The audit report highlighted the lack of effort from zonal taxation officers to locate these records. This led to a loss of property and a fire tax amounting to Rs 461.7 crore. MCG aims to recover the amount owed, but rectifying the property ID data and updating records will take time and effort.Read more

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Rampant illegal developments threaten Aravali Biodiversity Park in Gurugram

23 Jun 2023

Gurugram's Aravali Biodiversity Park, recognized as an Other Effective Area-Based Conservation Measures (OECM) site, is facing rampant illegal building activities. A road exceeding two kilometers from DLF 3 dissects the park, giving way to unauthorized structures and growing construction waste piles. Residents voice their frustration over the lack of government action to protect this key green zone. The Municipal Corporation of Gurgaon promises surveillance and demolition efforts in response.Read more

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Gurugram's DTCP demands builder floor registry data from tehsils

22 Jun 2023

The Department of Town and Country Planning (DTCP) in Gurugram has requested tehsildars of all eight tehsils to share data on registries of builder floors executed after the implementation of the self-certification scheme seven months ago. The scheme allowed architects to issue occupation certificates (OCs) to buildings. However, the DTCP received information that some property owners and architects obtained registries without submitting the OC file. In response, the DTCP has circulated a standard operating procedure to issue OCs under self-certification for residential units within licensed plotted colonies.Read more

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Eviction threat looms over residents of Chintels Paradiso, Gurugram

20 Jun 2023

Chintels Paradiso residents are grappling with looming eviction threats as the developer allegedly demands the termination of their temporary accommodation within a week. This move comes amidst ongoing issues with structural defects that led to a major collapse in February 2022. With half of the 180 affected families yet undecided on the compensation offer, and the recent order for residents of Tower G to vacate, the crisis at the residential complex has intensified. As residents battle housing rights and safety concerns, the situation necessitates urgent attention from both the developer and authorities.Read more

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90% of Gurugram high rise surveys complete, 15 societies set for intensive structural scrutiny

20 Jun 2023

In Gurugram, structural audit firms are nearing completion of visual inspections for serious construction defects in over 70 high rise societies. With 90% of the surveys complete, the district administration prepares to select 15 societies for detailed auditing based on the findings. This effort follows a tragic building collapse last year, highlighting a commitment to enhancing safety measures and addressing construction flaws across the city's residential societies.Read more

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Gurugram civic body delayed property ID processing for two years, finds audit

20 Jun 2023

The MCG's audit revealed significant delays in processing property ID applications, taking one to two years instead of the mandated ten days. In Zone 1, 569 IDs were created out of 1,219 applications, while in Zone 4, 1,266 IDs were created out of 1,859 applications. Processing times ranged from 11 days to over two years. The report highlighted undisclosed reasons for delays and a lack of communication with rejected applicants. Measures were taken to improve service delivery. Additionally, 50,415 temporary IDs were generated, with a tax assessment of Rs 14.9 crore, of which Rs 11.3 crore was received by the ULB department.Read more

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Cabinet approves metro between HUDA City Centre and Cyber City in Gurugram

PNT Reporter

16 Jun 2023

The Union Cabinet has given its approval for the metro rail connectivity project between HUDA City Centre and Cyber City in Gurugram, aiming to enhance public transport in the national capital region. The Haryana Mass Rapid Transport Corporation Limited (HMRTC) will undertake the 28.50-kilometer project with 27 stations. The metro trains on this line will operate at a design speed of 80 km per hour, maintaining an average speed of 34 kmph. The entire project is expected to be completed in four years.Read more

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Gurgaon grapples with 298 unsanctioned colonies, Town Planners scrutinized

PNT Reporter

14 Jun 2023

In an escalating urban nightmare, 298 illegal colonies have sprung up across Gurgaon and neighboring areas in the past 17 years. Following a directive from the Director-General, 14 district town planners (DTPs) are under investigation for their failure to prevent these illicit settlements. The Haryana Government is now mulling over the legalization of these colonies, subject to specific criteria. As the probe continues, it highlights the enforcement inadequacies and the urgent need for more effective urban planning strategies.Read more

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Gurugram civic body to fix property tax data errors via camps

PNT Reporter

14 Jun 2023

In Gurugram, the Municipal Corporation (MCG) conducted correction camps to address inaccuracies in the property tax data. A survey conducted by a private organization revealed that the newly generated property IDs contained inaccurate information, causing residents to express dissatisfaction. The local government has been slow to correct the inconsistencies, leading to multiple complaints from residents who are unable to pay their property taxes. Most services for citizens, including addressing grievances and creating property IDs, have been removed from the online system, leaving the No Dues Certificate (NDC) portal as the primary channel for concerns.Read more

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Massive survey launched in Gurugram to monitor dust pollution compliance at construction sites

PNT Reporter

13 Jun 2023

In accordance with the CAQM directives, the Haryana State Pollution Control Board is undertaking a city-wide survey in Gurugram to ensure larger construction sites are adhering to mandatory dust pollution measures. Shockingly, of the estimated 3,000 sites, only 5% have registered on the government's dust pollution control portal. Sites found violating these regulations will face legal action and penalties. This initiative underscores the state's commitment to tackling pollution.Read more

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Failure to demolish illegal constructions on Aravali lands sparks criticism in Gurgaon

PNT Reporter

13 Jun 2023

The district administration in Gurgaon, India, is facing criticism for failing to comply with an order from the National Green Tribunal (NGT) to demolish illegal constructions on protected Aravali lands. Despite the NGT's directive and the presence of numerous farmhouses built illegally, construction activities continue, leading to concerns raised by environmentalists. Activists question why authorities have not taken action to enforce the NGT's orders and protect Aravalis as mandated.Read more

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Homebuyers protest delay in Tashee Capital Gateway flat delivery in Gurugram

PNT Reporter

12 Jun 2023

Homebuyers at Tashee Capital Gateway in Gurugram protested the 13-year delay in receiving their apartments. When the project was first announced in 2010, the developer said it would be completed by 2015. In 2022, the developer was later taken over under the SWAMIH plan, but the work has moved slowly, and the developer hasn't made up the lost time compensation. Additionally, homebuyers claimed that the developer had broken H-Rera rules by altering the floor plan and turning the communal facility into a clubhouse. The essay focuses on the necessity for homeowners to take precautions against dishonest developers and guarantee the security of their investment.Read more

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Outraged Mahira Homes Buyers protest in Gurugram over project delays

PNT Reporter

08 Jun 2023

Aggrieved buyers of Mahira Homes' affordable housing projects are staging an indefinite protest at Jantar Mantar, voicing their frustration over a one-year delay in handover. Approximately 5,000 homebuyers accuse HRera, DCP and other concerned authorities of failing to act against the developer's stalling tactics. The DTCP had previously revoked, then restored, the developer's license under strict conditions. However, the developer failed to resume construction. Now, they promise completion by December 2023, while their accounts remain frozen by HRera.Read more

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Unlawful development sees swift retaliation: DTCP demolishes 18 farmhouses in Gurugram

PNT Reporter

07 Jun 2023

In a decisive move against unauthorized urban development, Gurugram's Department of Town and Country Planning (DTCP) demolished 18 farmhouses and a road network in six unlawful colonies. The action was taken within the Kaliyawas, Iqbalpur, and Jataula village areas, in compliance with the Haryana Development and Regulation of Urban Areas Act, 1975. District Town Planner Manish Yadav urged the public to avoid investing in such illegal establishments, underlining the importance of verifying land legitimacy before purchase. The crackdown underscores the DTCP's resolve in maintaining lawful urban development.Read more

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Public outcry prompts review of policy allowing stilt plus four-floor buildings

PNT Reporter

06 Jun 2023

Residents in multiple areas of Gurugram are complaining about the construction of stilt plus four-floor buildings, citing noise and air pollution. They have submitted a petition urging the district administration to revoke the policy allowing such structures on residential plots. The policy is currently under review after facing protests, with a panel analysing the situation and seeking expert opinions. Concerns about population density, weakened foundations, and health hazards from construction dust have been raised. The decision on the policy's future is expected by the end of the following month.Read more

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Gurugram launches second round of structural safety audits on 15 residential high rises

PNT Reporter

05 Jun 2023

Amid growing concerns over building safety, Gurugram's Deputy Audit Commissioner, Nishant Yadav, has launched the second phase of a critical structural audit for 15 residential societies. These buildings, selected from a list of 60 high-risk projects, will undergo a comprehensive on-site inspection to identify structural defects. The audit follows the tragic collapse at the Chintels Paradiso apartments last year. The cost of these audits will be shared equally between residents and developers, although if complaints are confirmed, developers will bear the full cost. This move emphasizes the city administration's commitment to ensuring resident safety.Read more

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Krisumi Corporation invests Rs 300 crore in Gurugram project

PNT Reporter

30 May 2023

The joint venture between Sumitomo Corporation and Krishna Group, known as Krisumi Corporation, is embarking on the second phase of its residential development project called "Krisumi City" in Gurugram. With plans to allocate a substantial budget and achieve high revenues, the company aims to deliver phase 1 occupancy by January 2024 and continue with additional stages. The initial sales of the luxury suite project were swift, and positive feedback from clients has been received. Krisumi Corporation is also establishing a hospitality arm to manage the residential apartments, while Sumitomo looks to make a significant investment in India.Read more

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Gurugram: Officials to inspect New Sector condos for Sewage Treatment Plant functionality

PNT Reporter

26 May 2023

A collaborative team comprising the district town planner (enforcement) and hydrologists will conduct a comprehensive survey of residential societies in the new sectors and Sohna to assess the functionality of sewage treatment plants (STPs). This initiative comes in response to complaints regarding the illegal discharge of sewage in open areas. The team will inspect the residential areas, identify non-compliant societies, and submit a detailed report on their findings. The survey aims to address concerns raised by residents about health and environmental hazards caused by improper sewage disposal in these areas.Read more

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DTCP takes action against an illegal building in Gurugram

PNT Reporter

26 May 2023

The Department of Town and Country Planning (DTCP) has sealed five high-end residential buildings in Gurugram, citing flagrant violations of building regulations. The illegal activities were uncovered in notable colonies like Sushant Lok I, Greenwood City, and South City 1 following complaints lodged through the Chief Minister's window. The offenders had constructed plots earmarked for the Economically Weaker Sections (EWS) without mandatory permissions. Authorities have called for regular inspections to prevent such infractions, highlighting the strain unauthorized constructions place on local infrastructure and amenities.Read more

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