Haryana RERA approaches HC over arrest warrants against builders

18 Oct 2024 CW Team

The Haryana Real Estate Regulatory Authority (H-RERA) has filed a petition in the Punjab and Haryana High Court, seeking intervention after police failed to act on 207 arrest warrants issued against 20 developers in Gurugram. The warrants were issued for non-compliance with compensation orders related to delayed flat handovers to homebuyers.

H-RERA adjudicating officer Rajender Kumar explained that the warrants, issued between February and September, were the result of builders repeatedly ignoring directives to compensate buyers. “The absence of police action has exacerbated the suffering of homebuyers,” Kumar said. H-RERA has initiated contempt of court proceedings in three cases against the police for inaction.

In response, DCP Headquarters Arpit Jain stated, "We have not yet received any such notice from the court. Once we do, we will act as per the court’s directions."

Ritika Singh, a frustrated homebuyer, said she invested her savings into a flat but has been waiting for possession for over five years. “H-RERA ordered compensation, but I haven't seen a single rupee,” she lamented. Similarly, Ajay Mehra, another buyer, was promised possession in 2018. "It’s 2024, and I’m still waiting. We’ve followed all procedures, but developers continue to evade accountability," he added.

Ankit Sharma, another affected buyer, expressed frustration: “If a government regulator's actions don't yield results, what hope is left for us?”

H-RERA officials believe that moving the high court will inject urgency into the process and compel the developers to comply with their obligations.

(ET)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..