01 Mar 2026

BPTP Limited, through its wholly owned subsidiary Urban Realtech Private Limited, has entered into a joint development arrangement for a residential group housing project on an approximately 11-acre land parcel in Sector 39, Surajkund, Faridabad. The proposed development is expected to offer a potential buildable area of over 2 million sq ft, subject to statutory approvals. Located within an established micro-market, the site benefits from proximity to key infrastructure and connectivity across the NCR. The project will proceed following approvals from the Department of Town & Country Planning, Haryana, and registration under RERA. The move reinforces BPTP's continued focus on Faridabad, where the developer has an established operating presence and sees sustained residential demand supported by infrastructure-led growth.Read more

25 Feb 2026

Real estate developer BPTP Ltd, through its wholly-owned subsidiary Urban Realtech Pvt Ltd, has entered into a joint development agreement with a landowner to build an 11-acre residential group housing project in Sector 39, Surajkund, on the outskirts of Faridabad. The venture is planned to deliver a developable area exceeding 2 million square feet, although the company has not disclosed the expected investment or revenue figures. BPTP's chairman and managing director stated that the project forms part of the firm's regional expansion strategy in the Delhi-NCR market, highlighting Surajkund's growing appeal driven by improving connectivity and evolving residential demand. The joint development model is intended to optimise landowner returns while enabling the developer to focus on project execution. This initiative adds to BPTP's portfolio of residential and commercial developments across north India.Read more

13 Jan 2026

Bhumika Realty has raised INR 170 crore from a real estate credit platform backed by Aditya Birla Sun Life AMC and global investor BGO to fund its upcoming mixed-use project in Faridabad. The funding will support construction and working capital needs and was secured shortly after the project launch, highlighting growing investor confidence in the city. Faridabad is emerging as a key real estate destination, driven by improved connectivity, infrastructure upgrades, and rising demand across residential, retail, and commercial segments. Industry leaders say mixed-use developments are gaining preference as buyers and occupiers seek integrated live-work-play environments. The investment reflects sustained interest in NCR markets and the increasing flow of institutional capital into well-structured real estate projects.Read more

22 Dec 2025

Residents of Kot village in Faridabad have approached the Punjab and Haryana High Court challenging a revised land consolidation plan issued by the Haryana government. The petition questions the legality of the fresh notification, which was introduced after an earlier scheme was withdrawn due to practical difficulties. Villagers argue that the new plan widens the scope of consolidation by proposing detailed land surveying and re-measurement across most of the village. They fear this could disrupt access to approach roads, affect land ownership rights and create environmental concerns. The High Court has taken note of the plea and will examine the potential impact of the revised consolidation process on land access, livelihoods and safeguards.Read more

16 Nov 2025

A PMLA court in Gurugram has framed charges against the promoters and key officials of SRS Group in a money laundering case worth around INR 2,200 crore. The Enforcement Directorate found that the group collected funds from homebuyers and investors with promises of high returns, but diverted the money through shell companies into unrelated ventures. Earlier, a provisional attachment of INR 2,215 crore was issued, and several accused were declared fugitives under the Fugitive Economic Offenders Act. One accused was recently deported to India, and the trial is now set to begin.Read more

16 Jun 2025

The forest department and Faridabad administration have begun a large-scale demolition drive in the Aravalli hills, targeting illegal structures in Anangpur village. The 15-day operation follows a July 2022 Supreme Court ruling mandating that all Aravalli land under the Punjab Land Preservation Act (PLPA) be treated as forest land. Authorities are dismantling banquet halls, farmhouses, boundary walls, and gates built in violation of the directive. The demolition push comes after the Supreme Court granted a final three-month extension to clear encroachments, citing Haryana's delayed compliance. Environmentalists warn that unchecked construction in the Aravallis has led to deforestation and habitat loss, threatening the region's ecological balance. While efforts are now underway in Faridabad, illegal construction remains widespread in other Haryana areas like Sohna, Raisina, and Gwalpahari, prompting calls for statewide enforcement.Read more

30 Apr 2025

Faridabad is set for major infrastructure upgrades with projects like the 59 km DND-Faridabad-KMP Expressway, a 56 km FNG Expressway, and proposed metro links to Gurugram and Palwal. The expressways aim to enhance regional connectivity, with full operationalization expected by 2025-28. Under the Smart Cities Mission, 45 projects worth INR 960 crore are underway, achieving 86% budget utilization by March 2025. The Faridabad Municipal Corporation has also approved a INR 1,964 crore budget for FY26, prioritizing roads, water supply, and waste management. Together, these initiatives are transforming Faridabad into a modern, efficient urban hub with improved transport and infrastructure networks.Read more