Gurugram to freeze 71 builders’ accounts to recover unpaid homebuyer dues
The Gurugram district administration has ordered the freezing of bank accounts for 71 builders to recover ₹446 crore in unpaid dues owed to homebuyers. This enforcement action follows years of non-compliance with orders issued by the Haryana Real Estate Regulatory Authority.
Why it matters
This represents a significant legal crackdown on real estate developers to protect consumer rights and enforce regulatory authority.
The Gurugram district administration on Wednesday (September 30, 2026) ordered the freezing of bank accounts of 71 builders and promoters over unpaid penalties and homebuyer refunds ordered by the Haryana Real Estate Regulatory Authority (HRERA), with recovery certificates totalling ₹446 crore pending — several of them for more than four years.
According to an official statement, under Section 40(1) of the Real Estate (Regulation and Development) Act, 2016, which provides for the recovery of amounts ordered by the authority as arrears of land revenue, the administration has ordered the freezing of bank accounts of all 71 defaulting builders. Proceedings have also been initiated for attachment of their movable and immovable properties under the Punjab Land Revenue Act, as applicable to Haryana, it added.
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