In an order dated May 14, the Department said the developer had failed to comply with several conditions attached to its projects and licences in Sonepat, Panipat, and Rohtak districts. The order, issued by Director of Town and Country Planning Amit Khatri, highlighted allegations of cheating, fraud, criminal breach of trust, and non-compliance with regulatory requirements. The action comes amid growing scrutiny of real estate developers accused of failing to fulfil commitments to homebuyers and violating regulatory norms.
The Department also referred to criminal proceedings initiated against the company. Two FIRs have been registered against Parsvnath Developers for alleged cheating and criminal breach of trust. One FIR was lodged in 2020 at the Barakhamba Road police station in New Delhi and included provisions related to criminal conspiracy. Another FIR was registered in 2024 at the same police station.
According to officials, Parsvnath Developers had secured several licences across Haryana between 2006 and 2010 for residential plotted colonies and group housing projects spread across more than 530 acres. However, all of these licences have now expired, with many projects allegedly remaining incomplete or facing complaints from buyers and residents.
The Department noted that the company had four licences in Sonepat, granted in 2006, one licence in Panipat granted in 2007, and another in Rohtak granted in 2010. Together, these projects covered 530.19 acres. Authorities stated that despite the expiry of licences, several obligations towards buyers and the government remained pending.
One of the licences pertained to a residential plotted colony spread over 118.31 acres in Sectors 9, 17, and 10 of Sonepat. This licence remained valid until April 24, 2019. Another plotted colony licence for 84.16 acres in Sector 8, Sonepat, expired on May 7, 2019.
The developer had also obtained licences for group housing projects in Sonepat. A licence covering 18.94 acres in Sectors 10 and 11 remained valid until September 26, 2015, while another group housing project spread over 28.11 acres in Sectors 9 and 18 was valid until October 5, 2017.
In Panipat, Parsvnath Developers held a licence for a residential plotted colony spread over 162.48 acres in Sectors 38 and 39. The licence remained valid until March 30, 2021. Meanwhile, the company’s plotted colony licence in Rohtak covering 118.19 acres in Sectors 33A and 33 expired on May 6, 2014.
Officials said the Department took note of several complaints received from members of the public regarding delays, alleged cheating, and irregularities linked to the projects. The order specifically mentioned that “various complaints of the general public have been received regarding cheating, fraud, and non-compliance” by the developer.
Authorities said the pending criminal cases and repeated complaints from homebuyers were significant factors behind the decision to debar the company. Officials maintained that the action was necessary to protect the interests of consumers and ensure compliance with real estate regulations.
The debarment means that Parsvnath Developers will not be eligible to obtain new licences or approvals from the Town and Country Planning Department in Haryana unless further orders are issued. The move is expected to impact the company’s ability to launch new housing or commercial projects in the state.
The decision has drawn attention from homebuyers and real estate observers, many of whom have been raising concerns over delayed housing projects and incomplete infrastructure in several parts of Haryana. Over the years, residents of various housing colonies developed by private builders have repeatedly approached authorities over issues such as delayed possession, lack of basic amenities, and disputes related to land use and maintenance.
Industry experts say the action reflects increasing pressure on state authorities to crack down on developers accused of violating licence conditions or failing to complete projects within stipulated timelines. In recent years, the Haryana government has tightened oversight of real estate projects amid rising complaints from homebuyers.
The Town and Country Planning Department has also intensified monitoring of developers’ financial obligations, including external development charges and other statutory dues. Officials said recovery of pending dues remains a priority, particularly in cases where projects have stalled or licences have expired.
Parsvnath Developers, once among the prominent real estate firms operating in North India, has faced financial and legal challenges in recent years. Several of its projects across different states have reportedly witnessed delays and disputes involving buyers and authorities.
Homebuyer groups welcomed the Department’s action, saying stronger enforcement measures were needed against developers who fail to honour commitments. Some residents alleged they had waited years for possession of homes and completion of infrastructure promised at the time of booking.
Real estate analysts noted that while debarment is a significant step, affected buyers would also be looking for concrete measures to ensure project completion and recovery of dues. They said regulatory authorities may need to coordinate with financial institutions, local bodies, and other agencies to address pending issues linked to stalled projects.
The latest action against Parsvnath Developers comes at a time when regulatory scrutiny of the real estate sector is increasing across several states. Authorities have been focusing on ensuring transparency, timely completion of projects, and accountability of developers under existing urban planning and real estate laws.
For many homebuyers associated with the company’s projects in Haryana, the Department’s order represents another major development in a long-running dispute over delayed projects, pending infrastructure, and alleged violations. Whether the debarment leads to faster resolution of grievances and recovery of dues remains to be seen.
