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29 May 2026
• Rise Infraventures reported a 46% rise in revenue to INR 120 crore in FY26 from INR 82 crore in the previous fiscal.
• The company facilitated property transactions worth INR 4,840 crore during the fiscal, compared to INR 3,856 crore in FY25.
• Gurugram contributed more than 50% of the company’s total transaction value, driven by strong residential and commercial real estate demand.
• The real estate consultancy plans to expand into more Indian cities and is also exploring entry into the Dubai market.
• Rise Infraventures has set a revenue target of INR 200 crore for the current fiscal while also planning to expand its service portfolio.Read more
29 May 2026
• Residents’ groups have sought extension of the proposed Kirti Nagar–Palam metro corridor up to Dwarka Expressway.
• The demand follows approval of the 9.9-km metro line connecting Kirti Nagar and Palam in Delhi.
• Civic groups cited rising congestion and inadequate public transport between Dwarka and Gurugram.
• Stakeholders said the extension could improve connectivity for rapidly developing residential sectors along the corridor.Read more
28 May 2026
• Malibu Towne Country Club in Sector 49, Gurugram has received its occupation certificate after remaining shut for over two years.
• The approval came after Malibu Estate Pvt Ltd renewed the township licence and completed pending compliance requirements flagged by authorities.
• The club serves nearly 10,000 residents living in the 204-acre Malibu Towne township along Sohna Road.
• The facility had faced regulatory scrutiny earlier over pending approvals, community infrastructure gaps and alleged deviations from approved plans.
• Residents and RWAs have welcomed the move as reopening of recreational and community facilities is expected to begin shortly.Read more
27 May 2026
BPTP Ltd announced an investment of INR 1,200 crore to develop its luxury residential project, Downtown 66, located in Sector 66, Gurugram. The project will include 504 apartments and is being funded mainly through internal accruals. Construction work has already begun, with completion expected in the next four years. The company is targeting revenue of over INR 2,500 crore from the development, with apartment prices starting at INR 5.32 crore. It also recently launched Skynest in Greater Faridabad with an investment of INR 1,100 crore amid rising demand in the NCR housing market.Read more
25 May 2026
Godrej Properties has awarded construction contracts worth around INR 1,100 crore to Tata Projects for three luxury housing projects located on Golf Course Road in Gurugram. The partnership covers core and shell construction work for Godrej Sora, Godrej Astra and Godrej Samaris. The move comes as developers continue to accelerate premium housing launches in key urban markets amid sustained demand for luxury homes. Godrej Properties has been expanding its residential portfolio across major cities including Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru and Hyderabad.Read more
25 May 2026
• The Enforcement Directorate (ED) has sought police protection for homebuyers and witnesses linked to the money laundering probe against Gurugram-based Ocean Seven Buildtech Pvt Ltd and promoter Swaraj Singh Yadav.
• Several buyers told a Delhi court that they were facing threats, intimidation and pressure for cooperating with the investigation.
• The ED has written to police authorities in Delhi, Haryana and Rajasthan after the court directed interim protection for complainants and witnesses.
• The case is linked to alleged irregularities in affordable housing projects, including arbitrary cancellations, re-allotments and diversion of homebuyer funds.
• Haryana’s DTCP has also been informed about alleged financial misappropriation and fund diversion by the company.Read more
24 May 2026
• HCBS Developments Limited has partnered with Jindal Stainless to use ‘Jindal Infinity Stainless Steel Rebars’ in its Twin Horizon residential project in Gurugram.
• The rebars are being deployed for diaphragm wall and raft foundation applications due to their corrosion resistance and suitability for high groundwater conditions.
• The 5.29-acre project will comprise two residential towers with 268 housing units and seven commercial spaces.
• Architectural design for the project is being handled by Morphogenesis, while construction execution is being undertaken by Krishna Buildestates Private Limited.
• The developer said excavation and diaphragm wall work for Tower West has been completed, while similar work for Tower East is currently underway.Read more
22 May 2026
• Signature Global Ltd has launched Prive Iconic Tower, a luxury residential development furnished by Armani/Casa, within its SG SPR Estate township in Gurugram.
• The standalone tower will comprise 72 four-bedroom residences with two apartments per floor, targeting low-density premium housing demand.
• The project is being developed in collaboration with SEETU Kohli Homes and forms part of the 125-acre Cloverdale township on Southern Peripheral Road.
• Signature Global expects to generate nearly INR 580 crore in revenue from the development.
• The company said the launch has witnessed strong initial response from high-net-worth individuals, business owners and senior professionals across North India.Read more
21 May 2026
Authorities in Gurugram carried out a major demolition drive in Saraswati Kunj, Sector 53, along the Golf Course Road corridor, where around 850 illegal shanties were removed. The action was led by the Department of Town and Country Planning (DTCP) with police support as part of an ongoing enforcement campaign against unauthorised occupation on government-notified land. Officials confirmed that the structures violated land-use regulations and had been built without approvals. The operation was completed peacefully and forms part of continued efforts to reclaim and secure public land in the region.Read more
21 May 2026
• The Haryana Cabinet has approved a revised project cost of INR 10,266.54 crore for the Gurugram Metro Rail project connecting Millennium City Centre and Cyber City in Gurugram.
• The revised estimate is nearly double the earlier sanctioned cost of INR 5,452.72 crore and includes inflation-linked escalation, GST revisions, additional rolling stock and revised infrastructure requirements.
• The 28.5-km corridor, planned with 27 stations, will also include a 1.8-km spur linking Sector-5 and Gurugram Railway Station to improve multimodal connectivity.
• Haryana has approved supplementary reports for Rapid Metro integration and decided to seek World Bank funding for the project’s full soft loan component following delays in funding confirmation from the European Investment Bank.
• The approvals are intended to accelerate implementation of the long-pending metro corridor in Gurugram, one of the NCR’s largest commercial and residential markets.Read more
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19 May 2026
• Gurugram authorities have stepped up demolition and sealing operations against illegal constructions, unauthorised colonies, and building violations across multiple parts of the city.
• The Department of Town and Country Planning (DTCP) carried out action against illegal builder floors, unauthorised commercial activities, and structures developed without approvals.
• Officials said the enforcement drives were conducted with police support following repeated complaints and monitoring of violations in residential and developing sectors.
• The crackdown comes amid rising concerns over pressure on civic infrastructure, misuse of residential properties, and violations linked to the stilt-plus-four-floor policy.
• Authorities have indicated that enforcement activity will continue in the coming weeks, especially in rapidly developing areas witnessing unauthorised construction activity.Read more
13 May 2026
• A Gurugram-based real estate firm owner has been arrested by Gurugram Police in connection with an alleged land fraud involving more than INR 15 crore.
• The accused, identified as Mahesh Mugam, was taken into custody by the Economic Offences Wing following a complaint linked to a proposed land transaction in Palwal district.
• Police stated that the complainant was allegedly shown documents related to the sale of nearly 11.33 acres of land in Ghughera village and subsequently paid around INR 17 crore towards the transaction and associated expenses.
• Investigators alleged that the accused failed to complete the land registration process and later became unreachable, highlighting continued concerns around fraudulent land transactions and due diligence risks in the NCR property market.Read more
13 May 2026
Gurugram’s real estate market has continued to witness strong development momentum, with the Real Estate Regulatory Authority (RERA) approving 35 projects during the first four months of 2026. The approved developments represent an estimated investment of nearly INR 27,000 crore and include a dominant share of residential projects. More than 11,500 residential and commercial units are expected to be developed across these schemes, underlining sustained developer confidence and rising housing demand in the NCR market. The approvals further reinforce Gurugram’s position as one of India’s most active real estate destinations, supported by infrastructure expansion, corporate demand and continued investor interest in both housing and mixed-use developments.Read more
12 May 2026
A section of the Gurugram-Sohna elevated road near Subhash Chowk caved in again during the past week, leading to traffic disruption and renewed concerns over the condition of the corridor. The incident exposed a large crater and sewage flow beneath the damaged road surface, with residents alleging that recurring sewer line failures are weakening the structure from below. The stretch has witnessed similar collapses in recent years, prompting questions over construction quality, drainage planning and long-term maintenance. The elevated corridor, developed at an estimated cost of around INR 1,466 crore, is one of Gurugram’s key road infrastructure projects.Read more
12 May 2026
The Haryana State Pollution Control Board (HSPCB) has issued show-cause notices to two residential projects along Gurugram’s Dwarka Expressway after inspections found alleged discharge of untreated sewage into nearby drains. The action was part of a larger compliance drive covering multiple high-rise housing societies to check whether sewage treatment plants (STPs) were operating as per environmental norms. Water samples have been collected for laboratory testing, while authorities have warned of strict action against projects violating pollution rules. The inspections come amid increasing concerns over sewage management, rapid urban expansion, and pressure on Gurugram’s drainage infrastructure.Read more
08 May 2026
Authorities in Gurugram have issued around 2,000 notices to property owners for illegal constructions in stilt parking areas across residential buildings. The enforcement action, taken in the past week, targets unauthorised enclosures, commercial use, and structural alterations in spaces designated for parking under approved building plans. The move follows inspections carried out by the district administration and municipal authorities amid rising complaints and safety concerns. Officials have directed property owners to remove violations within a stipulated timeframe, failing which demolition and further legal action may follow. The crackdown reflects increased scrutiny of compliance with building norms in high-density urban areas.Read more
07 May 2026
Elan Group has commenced construction of its ultra-luxury residential project, Elan The Statement, in Sector 49, Gurugram, following the award of an INR 840 crore construction contract to Tata Projects. Spread across approximately six acres, the development entails a planned investment of around INR 1,600 crore and will feature five residential towers with unit sizes ranging from about 4,285 sq ft to 7,270 sq ft. Designed by international firms, the project reflects continued activity in the premium housing segment in Gurugram. The launch of construction marks a key milestone in the execution timeline, with the developer strengthening its presence in the high-value residential market.Read more
04 May 2026
County Group has revived stalled residential projects in Gurugram, facilitating progress towards home delivery for around 400 affected buyers. The revival, executed in the past week, involves restarting construction activity and resolving long-pending project delays. The move addresses stress in legacy developments while restoring execution timelines and buyer confidence. It reflects a broader trend of developers stepping in to complete delayed projects, supported by structured interventions aimed at unlocking stuck housing inventory in key NCR micro-markets.Read more
03 May 2026
Micro-markets across New Gurugram are emerging as key growth drivers in the National Capital Region’s residential and commercial real estate landscape, supported by expanding infrastructure and rising end-user demand. The region, particularly along the Dwarka Expressway and Southern Peripheral Road, has seen increased development activity, with Gurugram accounting for nearly 73 per cent of NCR housing launches in the past quarter. Improved connectivity, metro expansion plans, and proximity to Indira Gandhi International Airport have strengthened its appeal. Mid-segment housing continues to dominate supply, while commercial leasing and warehousing activity have reinforced Gurugram’s position as a multi-sector hub, contributing to sustained demand across evolving micro-markets.Read more
01 May 2026
Gurugram Police have arrested two individuals, including a director of CKC Infra Company, for allegedly defrauding investors through fake real estate projects in Gurugram and Noida. The accused reportedly used forged documents and false assurances to raise nearly INR 5.5 crore. The land shown to investors, particularly near Aparna Ashram, was under dispute and in government possession, making development impossible. The case also involves falsified agreements and diversion of funds. Authorities are continuing their investigation to trace more victims and examine the financial trail linked to the fraud.Read more
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