Gurugram to freeze 71 builders’ accounts to recover unpaid homebuyer dues
The major defaulters include Ansal Housing/Ansal Construction Housing (₹91 crore), Raheja (₹90 crore), Vatika (₹80 crore), Parsvnath (₹74 crore), Ramprastha (₹57 crore), IREO (₹24 crore) and ILD Millennium (₹8.59 crore). Notices have been issued to the builders directing them to deposit the outstanding amounts.
On September 30, 2026, the Gurugram district administration took decisive action to recover unpaid homebuyer dues by freezing the bank accounts of 71 builders and promoters. The order, issued under Section 40(1) of the Real Estate (Regulation and Development) Act, 2016, targets individuals who owe a combined ₹446 crore in penalties and refunds to homebuyers.
This unprecedented move follows a comprehensive review of outstanding recovery certificates, many of which date back more than four years. Deputy Commissioner Uttam Singh stated that the frozen accounts or attached properties would be utilized to recover the funds, with further legal action, including arrests, as a last resort if necessary.
Notable defaulters include Ansal Housing/Ansal Construction Housing, Raheja, Vatika, Parsvnath, Ramprastha, IREO, and ILD Millennium. Homebuyers are urged to contact the relevant officials for updates on their recovery status, as the administration will review the progress on a weekly basis.
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