Gurugram Homebuyers Struggle As Major Real Estate Projects Stall, Thousands Await Completion

Gurugram’s real estate sector, once hailed as a model of urban development, is now facing a serious crisis. Dozens of group housing and affordable housing projects have been stalled for years, leaving thousands of families in limbo. Many buyers invested their life savings or took loans, only to see construction come to a halt.

Stalled Projects Across Developers

-Osian Seven Buildtech (OSB): Licences for affordable projects in Sectors 69, 70, and 109 were issued between 2016 and 2019. Over 1,500 families invested under the Pradhan Mantri Awas Yojana, but work has remained incomplete for years.

ALSO READ: Nagpur-Goa Shaktipeeth Expressway To Cut Travel Time To 8 Hours, Link 21 Religious Sites | Check Route, Cost, Other Details

-Raheja Developers: Projects including Raheja Revanta (Sector 78), Raheja Vanya (Sector 99A), and Aranya City in Sohna remain unfinished. Raheja Revanta, launched in 2011, is only 65 per cent complete despite 90 per cent of payments already collected, leaving over 3,000 allottees stranded.

-ABW Tower, Manesar: Construction began 12 years ago, but the project is still incomplete. The builder has been declared bankrupt, affecting around 1,000 allottees.

-Mahira Group: Affordable projects in Sectors 63A, 68, 95, 103, and 104 remain incomplete. Sector 68, launched seven years ago, is only 70 per cent finished, while other sites haven’t even seen foundation work. Action from the Enforcement Directorate (ED) has been taken against the builder, but work shows no sign of resuming. Around 5,000 allottees are affected.

-Supertech Basera: Stalled since 2016 in Sector 79, leaving over 1,000 buyers paying both rent and EMIs.

-Ramprastha Group: Projects like Edge, Skyz, Rise, and Ramprastha City in Sectors 37D, 92, 93, and 95 have been incomplete for 15 years. Approximately 2,600 allottees invested around Rs 1,100 crore between 2008 and 2011. The ED has attached assets worth Rs 827.49 crore and arrested two directors, but homebuyers remain in distress.

ALSO READ: Ujjwala Yojana: UP Officials Push KYC Drive To Secure Gas Subsidy; Over 4,50,000 Beneficiaries At Risk

Arjun Punia, an allottee of Raheja Revanta, said, “We invested everything we earned. Now we have neither a home nor our money back. We only get assurances everywhere.”

Dhruv, an allottee of Mahira, added, “In a city like Gurugram, where people dream of owning a home, hundreds of buildings have now turned into incomplete structures. From the government and the authorities, there are only assurances.”

The stalled projects highlight not only financial and mental stress for homebuyers but also the urgent need for stricter regulatory oversight and accountability in Gurugram’s real estate sector.