Punjab Haryana High Court Directs DTCP To Decide AIPL Complaint
ECONOMY & POLICY

Punjab Haryana High Court Directs DTCP To Decide AIPL Complaint

The Punjab and Haryana High Court has directed the Director, Town and Country Planning (DTCP), Haryana to decide a complaint by Advance India Projects Limited (AIPL) challenging the grant and transfer of a development licence for the IREO Group's Grand Hyatt Residences project in Gurugram. The court has restrained the private respondents from making further allotments or creating third-party rights in the project pending that decision. The petition names IREO entities and Oberoi Realty as respondents.

A Division Bench ordered the DTCP to decide AIPL's complaint under Section eight of the Haryana Development and Regulation of Urban Areas Act, 1975 after granting an adequate opportunity of hearing to all stakeholders. If the matter is not decided on 20 July 2026 the authority was directed to hear it day-to-day and pass a reasoned order within a further period of two weeks. The bench emphasised protecting homebuyers while avoiding undue stall of development.

AIPL contends that Licence No. 69 of 2025 and the approval dated 17 June 2025 permitting change of developer to Oberoi Realty were granted without proper scrutiny of compliance with the Consolidated FDI Policy, 2020 and FEMA. The petition says land under Licence Nos. 63 of 2009, 107 of 2010 and 60 of 2012 was treated as tradable assets and transferred by IREO before project completion, and alleges offshore funds routed through Mauritius and Cyprus were used contrary to the FDI regime.

Respondents opposed interim relief, arguing the petitioner lacked locus standi and denying any FDI breach, while the State said the complaint was pending before the DTCP and would be decided after hearings. Respondent No. 14 was said to have invested approximately Rs five billion (bn) and argued that halting development would cause irreparable loss. The High Court refrained from expressing any view on the merits and directed expeditious disposal while protecting prospective allottees by restraining further allotments and creation of third-party rights.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Punjab and Haryana High Court has directed the Director, Town and Country Planning (DTCP), Haryana to decide a complaint by Advance India Projects Limited (AIPL) challenging the grant and transfer of a development licence for the IREO Group's Grand Hyatt Residences project in Gurugram. The court has restrained the private respondents from making further allotments or creating third-party rights in the project pending that decision. The petition names IREO entities and Oberoi Realty as respondents. A Division Bench ordered the DTCP to decide AIPL's complaint under Section eight of the Haryana Development and Regulation of Urban Areas Act, 1975 after granting an adequate opportunity of hearing to all stakeholders. If the matter is not decided on 20 July 2026 the authority was directed to hear it day-to-day and pass a reasoned order within a further period of two weeks. The bench emphasised protecting homebuyers while avoiding undue stall of development. AIPL contends that Licence No. 69 of 2025 and the approval dated 17 June 2025 permitting change of developer to Oberoi Realty were granted without proper scrutiny of compliance with the Consolidated FDI Policy, 2020 and FEMA. The petition says land under Licence Nos. 63 of 2009, 107 of 2010 and 60 of 2012 was treated as tradable assets and transferred by IREO before project completion, and alleges offshore funds routed through Mauritius and Cyprus were used contrary to the FDI regime. Respondents opposed interim relief, arguing the petitioner lacked locus standi and denying any FDI breach, while the State said the complaint was pending before the DTCP and would be decided after hearings. Respondent No. 14 was said to have invested approximately Rs five billion (bn) and argued that halting development would cause irreparable loss. The High Court refrained from expressing any view on the merits and directed expeditious disposal while protecting prospective allottees by restraining further allotments and creation of third-party rights.

Next Story
Infrastructure Transport

Bhogapuram Airport Set For Take Off After Licence Issued

Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu announced that Alluri Sitharama Raju Bhogapuram International Airport has achieved 100 per cent completion following issuance of its aerodrome licence by the Ministry of Civil Aviation after an inspection with public representatives, district officials and GMR Group representatives. The licence was granted after extensive verification over the past month to ensure that safety and operational standards were met. The Chief Minister's Office has already contacted the Prime Minister's Office to finalise an inauguration date and commercial fli..

Next Story
Infrastructure Urban

Auto Sector To Grow 22-24 Per Cent In Q1 FY27

Credit Rating Information Services of India (Crisil) estimated that India's automobile sector is expected to report revenue growth of 22-24 per cent year-on-year in the first quarter of FY27 and to be among the largest contributors to corporate revenue growth in the quarter. The agency estimated overall corporate revenue to have grown 11-11.5 per cent year-on-year in the quarter ended 30 June 2026, the fastest pace in two years despite supply chain disruptions and higher input costs from the West Asia conflict. This compared with growth of 9.6 per cent in the preceding quarter. Crisil said the..

Next Story
Infrastructure Urban

Nomura Sees Q1 Pressure On Cement Margins; Backs Major Players

Nomura said cement margins will be under pressure in the June quarter as fuel and packaging costs rose, although volume growth is expected to remain healthy. The brokerage forecast six to seven per cent year-on-year organic volume growth for the Indian cement industry in the period, with Shree Cement identified as likely to post the highest growth at 15 per cent year-on-year. It noted that the West and North regions outperformed on pricing, aiding companies with greater exposure in those markets. Average trade prices improved three per cent sequentially to around Rs 326 per bag after price inc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement