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

Gurugram authorities issue 2,000 notices over illegal stilt area constructions in residential properties

Gurugram News Desk

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

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Elan Group begins construction of ultra-luxury project in Gurugram after awarding INR 840 crore contract to Tata Projects

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

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County Group revives stalled Gurugram housing projects, enabling delivery for 400 homebuyers

Gurugram News Desk

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

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Micro-markets in New Gurugram gain prominence as infrastructure expansion drives residential and commercial demand

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

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Gurugram police arrest CKC Infra director in INR 5.5 crore real estate fraud case

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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HSVP launches large-scale demolition drive across Gurugram sectors to remove encroachments

Gurugram News Desk

30 Apr 2026

The Haryana Shahari Vikas Pradhikaran (HSVP) has initiated an extensive demolition drive across multiple sectors in Gurugram to remove unauthorised constructions and reclaim public land. The exercise, covering nearly 29 sectors in a phased manner, targets encroachments on roads, green belts and utility corridors. The action follows earlier enforcement drives and court-linked developments related to building norms, particularly the stilt-plus-four policy. Authorities have deployed multiple teams supported by police personnel to carry out the exercise. The move is expected to impact residential colonies and mixed-use areas, highlighting intensified regulatory enforcement and growing scrutiny of encroachments in planned urban zones.Read more

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Aditya Birla New Age Hospitality to expand CinCin restaurant brand to Gurugram

28 Apr 2026

Aditya Birla New Age Hospitality, part of the Aditya Birla Group, has announced the expansion of its Italian restaurant brand CinCin to Gurugram, marking a further step in its hospitality portfolio growth. The brand, which was initially launched in Mumbai, has gained traction as a premium dining destination. The Gurugram outlet is expected to build on this positioning, targeting urban consumers seeking experiential dining formats. The move reflects continued expansion by organised hospitality operators into high-demand urban markets, particularly in NCR, where premium dining and lifestyle-led real estate developments are witnessing sustained growth.Read more

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Gurugram advances cleanup and infrastructure work after demolition drive

Gurugram News Desk

28 Apr 2026

Gurugram has continued restoration and infrastructure improvement work following demolition drives carried out to remove illegal encroachments across several residential colonies. Authorities cleared ramps, boundary extensions, guard rooms and other unauthorised constructions that had reduced road width and affected movement in internal streets. After the removal process, agencies have started restoring damaged stretches, improving access roads and strengthening basic civic infrastructure. Monitoring systems are being reinforced to prevent re-encroachment, while residents have expressed mixed reactions over enforcement and the impact of the drive on long-standing structures.Read more

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L&T secures contract from Oberoi Realty for seven residential towers in Gurugram

27 Apr 2026

Larsen & Toubro has secured a contract from Oberoi Realty to construct seven high-rise residential towers in Gurugram, marking another addition to its residential portfolio. The order has been awarded to the company’s buildings and factories business vertical, which is also executing multiple domestic projects. Among them is a proving ground facility in Haryana for an international client, aimed at strengthening vehicle testing infrastructure. While the financial details remain undisclosed, the development highlights continued activity in high-rise housing and specialised infrastructure projects across India’s construction sector.Read more

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Gurugram clears 6,500 structures in anti-encroachment drive

26 Apr 2026

Authorities in Gurugram have cleared over 6,500 unauthorised structures as part of a large-scale anti-encroachment drive across licensed colonies, aimed at restoring right-of-way and public spaces. The enforcement action follows directions linked to regulatory compliance after the Punjab and Haryana High Court’s intervention on construction norms. The drive targeted illegal extensions such as ramps, guard rooms, boundary walls and commercial encroachments across residential sectors. Officials indicated that prior notices were issued, but demolition was carried out where violations persisted. The campaign reflects a stricter enforcement approach to urban planning norms, with authorities seeking to improve road access, infrastructure usability and compliance in one of the NCR’s key real estate markets.Read more

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Gurugram rolls out doorstep C&D waste collection system

Gurugram News Desk

26 Apr 2026

The civic authorities in Gurugram have introduced a doorstep collection system for construction and demolition (C&D) waste, alongside stricter site inspections, as part of a broader effort to curb air pollution and improve urban cleanliness. The initiative focuses on reducing illegal dumping, streamlining waste logistics, and enforcing compliance at construction sites. With dust and debris identified as major contributors to deteriorating air quality, the move aligns with ongoing clean air strategies and infrastructure management reforms. Authorities are also aiming to formalise disposal practices through regulated channels and improve monitoring mechanisms. The initiative is expected to influence project-level compliance, operational costs, and environmental performance across the real estate and construction sectors in the city.Read more

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Gurugram demolishes illegal house extensions in major crackdown

Gurugram News Desk

26 Apr 2026

A large-scale anti-encroachment drive in Gurugram has led to the demolition of hundreds of illegal house extensions across key residential colonies, following regulatory directions linked to the suspension of the stilt-plus-four policy. Enforcement teams targeted unauthorised structures obstructing public spaces, including roads, parks and green belts. The initiative forms part of a time-bound campaign to restore right of way and ensure compliance with urban planning norms. Multiple violations—ranging from ramps and guard rooms to kiosks and boundary walls—were cleared, with authorities indicating that the drive will continue in phases. The action signals stricter enforcement of building regulations in high-density urban areas.Read more

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Supreme Court issues contempt notice over unauthorised constructions in Gurugram, seeks responses

Gurugram News Desk

25 Apr 2026

The Supreme Court of India has issued a contempt notice in a case related to unauthorised constructions in Gurugram, seeking responses from concerned parties over alleged non-compliance with earlier directions. The matter pertains to violations on a land parcel in Chakkarpur village and follows a prior ruling linked to illegal developments. The court has directed respondents to file replies within a stipulated timeline. The development highlights continued judicial scrutiny of building violations in Gurugram, where enforcement and compliance issues have remained under focus across residential and mixed-use areas.Read more

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Gurugram begins demolition drive against illegal housing extensions

Gurugram News Desk

25 Apr 2026

In Gurugram, authorities initiated a large-scale demolition drive targeting unauthorised housing extensions across licensed residential colonies, following judicial intervention. The action came after the Punjab and Haryana High Court stayed the stilt-plus-four construction policy, citing infrastructure stress and encroachments. Enforcement teams removed hundreds of illegal structures, including guard rooms, ramps, kiosks and boundary walls obstructing public spaces. The exercise forms part of a phased compliance programme aimed at restoring right-of-way access, strengthening planning norms, and addressing misuse of residential layouts. Officials indicated that the drive would continue across multiple sectors, with further action planned against violations linked to stilt parking misuse and unauthorised commercial activity within housing colonies.Read more

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Income tax flags Gurugram property deals over missing PAN details

Gurugram News Desk

25 Apr 2026

A large number of property transactions in Gurugram have come under scrutiny after the Income Tax Department initiated an investigation into deals lacking mandatory PAN disclosures. The probe covers around 2.5 lakh transactions, primarily linked to high-value property registrations where PAN details of buyers or sellers were either missing or improperly recorded. Authorities are examining compliance gaps under reporting norms applicable to real estate transactions above specified thresholds. The development highlights persistent documentation lapses within registration systems and raises concerns around potential tax evasion and data mismatches. Officials are coordinating with local authorities to verify records, reconcile discrepancies, and ensure adherence to financial reporting standards in property transactions.Read more

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GMDA plans 3.5 km service roads along SPR to ease congestion in Gurugram

24 Apr 2026

The Gurugram Metropolitan Development Authority (GMDA) is planning to develop around 3.5 km of service roads along the Southern Peripheral Road (SPR) to address rising traffic congestion and improve internal connectivity across key sectors. The proposed stretches between sectors 70–70A and 70–75 aim to segregate local traffic from through movement on the arterial corridor. The project is currently at the detailed planning stage, with approvals and tendering expected to follow. In parallel, complementary upgrades, including a missing road link and enhanced road infrastructure, are being pursued to strengthen connectivity between SPR and adjoining corridors such as Sohna Road. The initiative forms part of broader efforts to streamline urban mobility in Gurugram.Read more

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MCG to seal properties, auction assets over unpaid GRAP fines in Gurugram

24 Apr 2026

The Municipal Corporation of Gurugram (MCG) has initiated a recovery drive against defaulters who have failed to clear fines imposed under the Graded Response Action Plan (GRAP), warning of property sealing and asset auctions. The action, announced in the past week, targets individuals and entities penalised for violating pollution control measures, particularly during periods of construction restrictions. Authorities have indicated that continued non-payment of challans will trigger enforcement measures, including sealing of properties and recovery through auction proceedings. The move forms part of a broader compliance push to strengthen enforcement of environmental regulations in Gurugram, where violations linked to construction and dust pollution have been a recurring concern.Read more

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Shapoorji Pallonji Real Estate to host property expo in Gurugram with inventory across six cities

23 Apr 2026

Shapoorji Pallonji Real Estate (SPRE) will host a two-day property expo in Gurugram, bringing together residential projects from six major Indian cities, including Mumbai, Pune and Bengaluru. The event will showcase a range of offerings spanning apartments, villas and plots, with ticket sizes ranging from INR 60 lakh to INR 25 crore. The initiative comes amid sustained investor interest and evolving buyer preferences towards multi-city investment opportunities. The expo is designed to enable prospective buyers to evaluate projects across markets, engage with developers and access advisory support at a single platform. The company expects participation from both end-users and investors, reflecting continued traction in residential real estate demand.Read more

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DTCP identifies 13 illegal banquet halls, demolishes hotel in Gurugram

Gurugram News Desk

20 Apr 2026

The Department of Town and Country Planning (DTCP), Haryana, has initiated enforcement action against unauthorised hospitality developments in Gurugram, identifying 13 banquet halls and marriage venues for violating land-use norms. As part of the drive, a hotel structure in Sidhrawali was demolished. The action forms part of a broader crackdown on illegal constructions operating without approvals or in violation of zoning regulations. Authorities have indicated that further inspections and enforcement measures will continue across the district. The move highlights ongoing regulatory scrutiny in Gurugram's peri-urban areas, where unlicensed hospitality and commercial developments have expanded amid rising demand for event and lodging spaces.Read more

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Signature Global signs Tonino Lamborghini for 812-unit luxury project in Gurugram

17 Apr 2026

Signature Global has entered into a licensing agreement with Italian brand Tonino Lamborghini to develop a branded luxury residential project in Sector 71, Gurugram. The project, spread over 12.40 acres, will comprise 812 apartments under the Tonino Lamborghini Residences Gurugram branding. This marks the brand's entry into India's residential real estate market. The commercial arrangement includes a fixed fee payable in instalments along with a performance-linked component. The developer has not disclosed the project investment. The development reflects the continued expansion of branded residences in India's premium housing segment, particularly in Gurugram, where developers are increasingly partnering with global lifestyle brands to position projects in the upper-end market.Read more

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