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

"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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ED charges promoter of Gurugram realty group in PMAY housing fraud case

15 Jan 2026

The Enforcement Directorate (ED) has filed a chargesheet against the promoter of a Gurugram-based real estate firm in connection with a Pradhan Mantri Awas Yojana (PMAY) housing fraud. The agency alleges that fraudulent practices were used to obtain PMAY subsidies a central government scheme intended to help low- and middle-income homebuyers purchase affordable housing. The case was registered under the Prevention of Money Laundering Act (PMLA) after initial investigation revealed financial irregularities and diversion of funds linked to the alleged misuse of subsidy benefits. Assets linked to the promoter have reportedly been attached as part of the investigation, and the matter is now proceeding through legal processes.Read more

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Signature Global to miss FY26 sales target amid slowdown in Gurugram luxury housing demand

13 Jan 2026

Signature Global has indicated it will fall short of its FY26 sales bookings target of INR 12,700 crore due to a slowdown in demand in Gurugram's luxury housing segment. The company, however, aims to match its previous fiscal year's performance of INR 10,290 crore in sales bookings. During the December quarter, sales bookings declined 27 per cent year-on-year to INR 2,020 crore, while bookings for the first nine months of the fiscal fell 23 per cent to INR 6,680 crore. The moderation in demand follows sharp post-pandemic price increases in the Gurugram residential market, impacting buyer sentiment and transaction volumes.Read more

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ED attaches over INR 50 Crore in assets in Gurugram homebuyers fraud case

Gurugram News Desk

12 Jan 2026

The Enforcement Directorate (ED) has provisionally attached assets worth over INR 50 crore in connection with a money-laundering probe tied to an alleged homebuyers fraud involving Ocean Seven Buildtech Pvt Ltd (OSBPL), a Gurugram-based realty firm. The move comes after detailed financial investigations revealed that funds collected from homebuyers for residential projects were diverted for unrelated purposes, including personal expenses and acquisition of other properties. Key assets attached include a villa, a hotel, a resort, several office spaces, and multiple land parcels across Gurugram, Himachal Pradesh and Maharashtra, with total seized value at around INR 51.57 crore. The ED also seized cash and bank deposits linked to the company and its promoter, who was arrested last year in connection with the probe. The action reflects intensified regulatory scrutiny to protect buyer interests and enforce financial accountability in real estate.Read more

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Gurugram to demolish four unsafe NBCC towers at Green View over structural safety concerns

Gurugram News Desk

11 Jan 2026

The Gurugram district administration has approved the demolition of four residential towers at the NBCC Green View condominium in Sector 37D after prolonged safety concerns, marking a major step toward resolving the longstanding crisis around the project. Towers A, B, C and D comprising about 580 flats were previously declared structurally unsafe and uninhabitable years ago, forcing evacuation and legal scrutiny. Authorities have now cleared the move to raze these deteriorated buildings to mitigate potential hazards, following multi-level reviews and stakeholder consultations. The decision addresses persistent risks posed by the ageing structures and opens the way for future redesign or redevelopment once the unsafe towers are dismantled. This development underlines the priority given to resident safety in urban housing governance and the need for proactive structural assessment in large real estate complexes.Read more

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Gurugram’s building code violations under scrutiny after high court ruling

Gurugram News Desk

10 Jan 2026

Gurugram's building code enforcement has come under renewed scrutiny following a recent High Court ruling that flagged widespread violations of development norms and regulatory lapses in the city. The judgment directed civic and planning authorities to audit and address breaches related to setbacks, floor area ratio (FAR) limits, building heights, and unauthorised construction practices. It also highlighted concerns over compromised urban infrastructure, including road capacities, stormwater drainage and public utilities, that have worsened due to non-compliant development. The court's order empowers local bodies to take corrective measures, including issuing show-cause notices, initiating demolition actions for serious breaches, and tightening approval processes. Stakeholders say the ruling could mark a turning point in curbing irregularities and improving planning discipline in Gurugram's rapidly expanding real estate landscape.Read more

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ED attaches INR 51.57 crore assets of Ocean Seven Buildtech in Gurugram fraud case

07 Jan 2026

The Enforcement Directorate has attached assets worth INR 51.57 crore linked to Gurugram-based Ocean Seven Buildtech Pvt Ltd as part of a money laundering investigation tied to alleged homebuyers fraud. The action covers immovable properties across multiple states and liquid funds held by the company, its promoter and related entities. The probe stems from police cases alleging diversion of buyers money, repeated resale of housing units and misuse of funds collected for affordable housing projects. The case adds to ongoing scrutiny of fund handling practices in residential real estate.Read more

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