Punjab Haryana High Court Directs DTCP To Decide AIPL Complaint

A Division Bench ordered the DTCP to decide AIPL's complaint under Section eight of the Haryana Development and Regulation of Urban Areas Act, 1975 after granting an adequate opportunity of hearing to all stakeholders. If the matter is not decided on 20 July 2026 the authority was directed to hear it day-to-day and pass a reasoned order within a further period of two weeks. The bench emphasised protecting homebuyers while avoiding undue stall of development.

AIPL contends that Licence No. 69 of 2025 and the approval dated 17 June 2025 permitting change of developer to Oberoi Realty were granted without proper scrutiny of compliance with the Consolidated FDI Policy, 2020 and FEMA. The petition says land under Licence Nos. 63 of 2009, 107 of 2010 and 60 of 2012 was treated as tradable assets and transferred by IREO before project completion, and alleges offshore funds routed through Mauritius and Cyprus were used contrary to the FDI regime.

Respondents opposed interim relief, arguing the petitioner lacked locus standi and denying any FDI breach, while the State said the complaint was pending before the DTCP and would be decided after hearings. Respondent No. 14 was said to have invested approximately Rs five billion (bn) and argued that halting development would cause irreparable loss. The High Court refrained from expressing any view on the merits and directed expeditious disposal while protecting prospective allottees by restraining further allotments and creation of third-party rights.