Gurugram Court Dismisses MGFs Land Dispute Plea

11 Jun 2024 CW Team

A Gurugram court has dismissed MGF's plea in a land dispute case, ruling in favour of M3M and other parties involved. The dispute centred around a 22-acre plot in Gurugram, where MGF claimed ownership and accused the other parties of encroachment and illegal construction. MGF had sought legal intervention to stop the alleged encroachment and demolish the constructions.

The court found that MGF failed to substantiate its ownership claims with sufficient evidence. It also noted that the constructions by M3M and the others were carried out after obtaining the necessary permissions from the relevant authorities, thereby invalidating MGF?s encroachment allegations.

In its ruling, the court emphasised the importance of adhering to due legal processes and the necessity for claimants to provide clear, irrefutable evidence when asserting property rights. The judgement also highlighted the need for developers and landowners to ensure their operations comply with all legal requirements to avoid similar disputes.

The court?s decision is a significant win for M3M and the other defendants, reinforcing their right to develop the land. It also sets a precedent for future land dispute cases in the region, underscoring the judiciary's stance on baseless claims and the importance of legal compliance in property development.

The ruling is expected to impact the local real estate market, encouraging developers to be more diligent in securing their legal positions and obtaining the required permissions before undertaking construction projects. This case serves as a reminder of the legal complexities in the real estate sector and the critical need for thorough documentation and adherence to regulatory standards.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..