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Haryana’s New FAR Rate Hike: A Game Changer for Property Development

Rising Construction Costs Set to Reshape Urban Landscape Construction costs for large properties in Haryana are on the rise, following a significant increase in Floor Area Ratio (FAR) rates announced by the Department of Town and Country Planning (DTCP). This adjustment marks the first hike since 2016 and reflects the escalating demand for land in […]

Haryana Authority Orders Parsavnath Builder to Compensate Delayed Homebuyer

Regulatory Intervention in Real Estate Dispute The Haryana Real Estate Regulatory Authority has directed Parsvnath Developers Limited to pay interest for delays and execute a transfer deed in favor of a homebuyer. According to the agreement, the builder was supposed to hand over possession of the property by April 2011. Details of the Transaction The […]