500 families residing in the IREO project in Gurugram are facing a severe power cut as angry villagers, embroiled in a land dispute with the builder, have cut off the electricity supply.
Ireo ProjectGurugramPower OutageLand DisputeReal Estate DevelopmentReal EstateMar 12, 2025

The IREO project is a large-scale real estate development in Gurugram, known for its modern amenities and high-quality construction. It is one of the most prestigious residential projects in the area.
The villagers are cutting off the power supply because they are involved in a land dispute with the builder. They claim that the land on which the IREO project was built belongs to them and that the builder obtained it through dubious means.
The power cut has affected approximately 500 families residing in the IREO project in Gurugram.
The Municipal Corporation of Gurugram (MCG) has issued a statement urging both parties to come to the negotiating table. They have also promised to take strict action against any party found to be obstructing the legal process or causing harm to the residents.
The residents are relying on alternative sources of power, such as generators, to carry out their daily activities. However, these are expensive and not a viable long-term solution. They are also voicing their concerns on social media and staging peaceful protests.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.