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

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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MCG seals properties worth INR 43 lakh in Gurugram over tax dues

Gurugram News Desk

06 Jan 2026

The Municipal Corporation of Gurugram (MCG) has sealed properties with outstanding tax dues totalling around INR 43 lakh, taking enforcement action against defaulters in the city. The sealed properties include residential and commercial premises where property tax liabilities were not cleared despite repeated notices, prompting the civic body to act under its regulatory powers. Officials said property tax compliance is essential to ensure uninterrupted civic services and sustain local infrastructure funding. The move follows systematic tracking of non-payers and reflects the MCG's intensified effort to improve revenue realisation and enforce property tax laws, while encouraging timely compliance by all property owners in Gurugram.Read more

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Gurgaon residents seek UNESCO biosphere reserve tag for Aravallis to strengthen protection

Gurugram News Desk

06 Jan 2026

Residents and environmental groups in Gurgaon have urged the Indian government to pursue UNESCO Biosphere Reserve status for the Aravalli hills, highlighting the need for long-term ecological protection. Organized by the Aravalli Bachao Citizens Movement (ABCM), the initiative emphasized restoring the entire 76,000 sq km range rather than limiting protection based on narrow landform definitions tied to mining. Attendees also demanded halts to mining and construction, stricter emission norms, free public transport, and higher taxes on private vehicles to support sustainable mobility. Discussions included recent Supreme Court decisions on hill classification and ongoing conservation challenges.Read more

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Gurugram civic body seals multiple properties as tax arrears exceed INR 18 crore

Gurugram News Desk

02 Jan 2026

The Municipal Corporation of Gurugram (MCG) recently took enforcement action against property tax defaulters after repeated non-payment notices, sealing several properties across key localities for overdue taxes exceeding INR 18 crore. Officials said the move is part of an ongoing campaign to improve compliance and ensure funds for essential civic services such as roads, water supply and sanitation. The corporation has already collected significant revenue this financial year and expects further growth. Authorities reminded owners that property tax is a key revenue source and urged timely payment to avoid such measures and additional penalties.Read more

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Gurugram authority probes unauthorised commercial subdivision on MG Road

30 Dec 2025

The Department of Town and Country Planning in Gurugram has initiated enforcement action against Sewa Corporate Park on MG Road for alleged unauthorised subdivision and sale of commercial units. Officials said the project had approvals for change of land use and occupation but was later split into shops and offices without the mandatory licence under state planning laws. A show-cause notice has been issued, and registrations of further sale deeds have been halted. Authorities are reviewing executed sale deeds to assess the extent of violations, while the municipal corporation may take separate action for breach of land-use conditions. The move reflects stricter enforcement to curb unauthorised commercial development and safeguard buyer interests.Read more

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Delhi Police uncover fake luxury property sale scam worth INR 12.04 crore in Gurugram

29 Dec 2025

Delhi Police's Crime Branch has busted an organised property fraud syndicate that duped a woman of INR 12.04 crore through a fake sale of a luxury apartment at DLF Camellias in Gurugram. Five accused have been arrested for using forged bank auction documents to falsely claim ownership of the property. Investigations revealed that the defrauded amount was routed through multiple bank accounts to conceal transactions. Police believe the group has carried out similar scams across states, with total fraud proceeds estimated to exceed INR 200 crore.Read more

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Signature Global to invest INR 4,800 crore in luxury housing project on Dwarka Expressway

27 Dec 2025

Signature Global has announced an investment of around INR 4,800 crore to develop a large luxury residential project in Gurugram, reflecting its expansion strategy amid sustained demand for premium homes. The newly launched project, Sarvam at DXP Estate, is located along the Dwarka Expressway and will comprise nearly 1,800 apartments across a 13.56-acre site. Positioned in the INR 3-4 crore price bracket, the development will be rolled out in phases and will focus strongly on sustainability and wellness-led living. The project is expected to support the company's annual sales targets while strengthening its presence in the high-end residential segment.Read more

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J Estates enters senior living with INR 2,100 crore projects in Gurugram

26 Dec 2025

Realty firm J Estates has forayed into the senior living housing segment with the acquisition of three land parcels in Gurugram, where it plans to develop more than 450 homes for elderly residents. Spread across over eight acres, the three upcoming premium projects are expected to generate a combined Gross Development Value (GDV) of around INR 2,100 crore. The move marks a strategic diversification for the company as it taps into the growing demand for purpose-built senior housing in India. J Estates said the projects will focus on creating thoughtfully designed living environments that promote well-being, social interaction, and peace of mind for senior citizens, a segment expected to gain prominence in the coming years.Read more

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Elan Group brings Levo Spalon to ultra-luxury residential project in Sector 49, Gurugram

25 Dec 2025

Elan Group has partnered with luxury beauty and wellness brand Levo Spalon to introduce an exclusive, residents-only wellness facility at its newly launched ultra-luxury residential project, Elan The Statement, in Sector 49, Gurugram. The collaboration is positioned as a key lifestyle differentiator, integrating premium grooming, spa and holistic wellness services within the project's clubhouse, as the developer sharpens its focus on experiential, wellness-led luxury living in Gurugram's high-end residential market.Read more

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FIR filed against Ocean Seven Buildtech directors over stalled Gurugram housing project

Gurugram News Desk

23 Dec 2025

An FIR has been filed against the directors of Ocean Seven Buildtech Pvt Ltd after homebuyers raised allegations of fraud, fund diversion, and criminal breach of trust in the stalled Expressway Towers affordable housing project in Gurugram. Buyers claimed that allotted flats were illegally cancelled and resold, construction has remained incomplete for years, and intimidation tactics were used to prevent oversight. The police have begun investigating financial records, escrow transactions, and project documentation to determine accountability. This case adds to ongoing scrutiny of developers failing to deliver promised affordable housing.Read more

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Gurgaon apartment view highlights severe smog and raises air quality concerns

21 Dec 2025

A Gurgaon resident recently shared a video from his balcony at DLF Camellias showing almost zero visibility due to dense smog surrounding the area. In the clip, he mentioned a strong smell of smoke and described the view as completely obscured, highlighting the impact of pollution even on residents in luxury properties. The video sparked varied reactions online, ranging from sarcastic comments to health concerns. Current data shows the Air Quality Index in the poor category, emphasizing ongoing pollution challenges in the Delhi NCR region and their effect on daily life and property decisions.Read more

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ED files money laundering charges against Ansal Properties over Gurugram projects

21 Dec 2025

The Enforcement Directorate has filed a chargesheet against Gurugram-based developer Ansal Properties and Infrastructure Ltd and its promoters under the Prevention of Money Laundering Act. The case relates to alleged violations of environmental norms at two residential projects in Gurugram. Authorities claim the company failed to install adequate sewage treatment facilities, leading to untreated effluents being discharged into public sewer networks. The agency has alleged that avoiding compliance costs resulted in proceeds of crime estimated at over INR 10 crore. Earlier, commercial properties linked to the promoters were provisionally attached. The case follows action initiated by pollution control authorities and highlights stricter scrutiny of environmental compliance in large housing projects.Read more

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AIPL to invest nearly INR 987 crore in Riviera residential project along Dwarka Expressway

21 Dec 2025

AIPL Ltd is investing approximately INR 987.25 crore in its new residential project, Riviera, within the AIPL LakeCity township on Dwarka Expressway, Gurugram. Spread across 5.14 acres, the first phase will feature two 43 storey towers with 3 BHK and 4 BHK apartments. The project's estimated revenue potential is around INR 1,500 crore. AIPL has engaged international design and consultancy firms for architecture, landscaping, clubhouse, and branding. This move underlines the growing developer interest in Dwarka Expressway, a corridor witnessing rising demand for premium and mid segment housing in the National Capital Region.Read more

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Enforcement Directorate raids firms tied to delayed Gurugram housing project

20 Dec 2025

The Enforcement Directorate has conducted search operations across Delhi-NCR at premises linked to Angle Infrastructure Pvt Ltd, Nauseva Buildwell LLP and a resolution professional as part of a money laundering investigation connected to the stalled Krrish Florence Estate housing project in Gurugram. The probe is based on multiple FIRs related to delayed flat delivery, alleged fund diversion and irregularities during the insolvency resolution process. Investigators have seized unexplained cash and electronic records to trace suspected financial misconduct impacting homebuyers and lenders.Read more

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Bright Star Hotels issued show-cause notice over alleged violations at Gurugram property

18 Dec 2025

Bright Star Hotels Pvt Ltd has been served a show-cause notice by the district town planner (enforcement) in Gurugram over alleged violations of building and land-use regulations at its hotel-cum-commercial complex in Sikanderpur Ghosi. The company has been asked to explain the deviations and submit relevant approvals, failing which coercive action, including demolition or sealing, may be initiated.Read more

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