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	<updated>2026-08-06T14:49:05Z</updated>
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		<updated>2022-02-14T17:03:30Z</updated>

		<summary type="html">&lt;p&gt;robot: Update article (please &lt;a href=&quot;/wiki/User_talk:UpdateBot&quot; title=&quot;User talk:UpdateBot&quot;&gt;report&lt;/a&gt; if you notice any mistake or error in this edit)&lt;/p&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 22:33, 14 February 2022&lt;/td&gt;
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&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;{{Use Indian English|date=March 2015}}&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;{{Use Indian English|date=March 2015}}&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
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&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l18&quot;&gt;Line 18:&lt;/td&gt;
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&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;#039;&amp;#039;&amp;#039;Raheja Developers Limited&amp;#039;&amp;#039;&amp;#039;, (RDL), formerly Raheja Developers Private Limited, is an Indian [[real estate development]] company with its headquarters in [[Delhi]], India.&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&amp;#039;&amp;#039;&amp;#039;Raheja Developers Limited&amp;#039;&amp;#039;&amp;#039;, (RDL), formerly Raheja Developers Private Limited, is an Indian [[real estate development]] company with its headquarters in [[Delhi]], India.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;RDL was incorporated in 1990 by Navin Raheja, and is currently managed by its &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Chairman &lt;/del&gt;and Managing Director Nayan Raheja.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;ref&amp;gt;{{Cite web |url=https://www.zaubacorp.com/company/RAHEJA-DEVELOPERS-LIMITED/U45400DL1990PLC042200 |title=Raheja Developers Limited - Company, directors and contact details |website=Zauba Corp |access-date=19 February 2020}}&amp;lt;/ref&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;RDL was incorporated in 1990 by Navin Raheja, and is currently managed by its &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;chairman &lt;/ins&gt;and Managing Director Nayan Raheja.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;== History ==&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;== History ==&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;Raheja Developers Limited was incorporated by Navin Raheja in 1990.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;ref&amp;gt;{{cite web |title=Business Week: Raheja Developers Ltd |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=42411522 |publisher=Business Week |accessdate=26 November 2014}}&amp;lt;/ref&amp;gt; &lt;/del&gt;The group has worked with contractors such as [[Aedas]],&amp;lt;ref&amp;gt;{{Cite news |url=http://www.thehindu.com/todays-paper/tp-business/Tata-Housing-to-develop-200-lakh-sq.-ft./article15274906.ece |title=Tata Housing to develop 200 lakh sq. ft. |newspaper=The Hindu |access-date=10 June 2017}}&amp;lt;/ref&amp;gt; Shapoorji-Pallonji&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;ref&amp;gt;{{Cite web |url=http://content.magicbricks.com/industry-news/commercial-real-estate-news-industry-news/bhoomi-poojan-of-raheja-shilas/8525.html |title=Bhoomi Poojan of – RAHEJA SHILAS |publisher= MagicBricks |url-status=live |accessdate=18 October 2010}}&amp;lt;/ref&amp;gt; &lt;/del&gt;and two of its joint-development projects were in collaboration with [[Tata Group]].&amp;lt;ref&amp;gt;{{Cite news |url=http://www.financialexpress.com/news/rahejas-to-ink-jvs-with-tata-housing-2-dubai-firms/868625 |title=Rahejas to ink JVs with Tata Housing, 2 Dubai firms |publisher= Financial Express |url-status=live |accessdate=1 November 2011}}&amp;lt;/ref&amp;gt; It had also collaborated with [[Dubai]]-based [[Arabtec|Arabtec Construction]].&amp;lt;ref&amp;gt;{{Cite news |url=http://www.livemint.com/Companies/LgS46TKU8Eg2FFmpSjE1NN/Raheja-forms-JV-with-Dubai8217s-construction-firm-Arabtec.html |title=Raheja forms JV with Dubai&#039;s construction firm Arabtec |publisher= Livemint |url-status=live |accessdate=5 November 2011}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;Raheja Developers Limited was incorporated by Navin Raheja in 1990. The group has worked with contractors such as [[Aedas]],&amp;lt;ref&amp;gt;{{Cite news |url=http://www.thehindu.com/todays-paper/tp-business/Tata-Housing-to-develop-200-lakh-sq.-ft./article15274906.ece |title=Tata Housing to develop 200 lakh sq. ft. |newspaper=The Hindu |access-date=10 June 2017}}&amp;lt;/ref&amp;gt; Shapoorji-Pallonji and two of its joint-development projects were in collaboration with [[Tata Group]].&amp;lt;ref&amp;gt;{{Cite news |url=http://www.financialexpress.com/news/rahejas-to-ink-jvs-with-tata-housing-2-dubai-firms/868625 |title=Rahejas to ink JVs with Tata Housing, 2 Dubai firms |publisher= Financial Express |url-status=live |accessdate=1 November 2011}}&amp;lt;/ref&amp;gt; It had also collaborated with [[Dubai]]-based [[Arabtec|Arabtec Construction]].&amp;lt;ref&amp;gt;{{Cite news |url=http://www.livemint.com/Companies/LgS46TKU8Eg2FFmpSjE1NN/Raheja-forms-JV-with-Dubai8217s-construction-firm-Arabtec.html |title=Raheja forms JV with Dubai&#039;s construction firm Arabtec |publisher= Livemint |url-status=live |accessdate=5 November 2011}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In 2008, Raheja Developers planned to build a Special Enterprise Zone (SEZ) in [[Gurgaon]] at an estimated cost of $660M US.  The development was to be on a {{convert|255|acre|ha|adj=on}} site,&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;ref&amp;gt;{{cite news|title=Raheja to invest Rs 4,500 cr to develop engg SEZ in Gurgaon|url=http://articles.economictimes.indiatimes.com/2008-08-20/news/28434188_1_raheja-sezs-land-owners-special-economic-zone|accessdate=14 March 2015|agency=Press Trust of India|date=20 August 2008|location=New Delhi}}&amp;lt;/ref&amp;gt; &lt;/del&gt;but the project did not advance. The [[Government of India]] announced denotification of the SEZ project on 29 January 2014.&amp;lt;ref&amp;gt;{{cite web|title=Raheja Denotification|url=http://www.sezindia.nic.in/writereaddata/notifications/Raheja%20denotificaiton%20full.pdf|website=SEZindia.nic.in|publisher=Govt of India|accessdate=3 January 2016}}&amp;lt;/ref&amp;gt; In 2020, Raheja Revanta, the tallest residential towers by Raheja Developers, was awarded the Luxury Project of the Year by CNN News 18 Real Estate Business Excellence Awards. The project is being built by Arabtec, the makers of [[Burj Khalifa]], Dubai.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;ref name=&quot;aninews&quot;&amp;gt;{{Cite web |url=&lt;/del&gt;https://&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;www.aninews&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;in&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;news&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;business&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;raheja-developers-bags-multiple-awards-at-cnn-news-18-real-estate-and-business-excellence-awards20200205184450/ |title=&lt;/del&gt;Raheja Developers &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;bags multiple awards at CNN News 18 Real Estate and Business Excellence Awards |website=www.aninews.in |access-date=21 February &lt;/del&gt;2020&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;}}&amp;lt;/ref&amp;gt; &lt;/del&gt;Raheja Vanya, located in Gurugram, bagged the Green Project of the Year Award 2020.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;lt;ref name=&quot;aninews&quot; /&amp;gt; Raheja Developers is operational in 12 major cities across India including Gurgaon, Bangalore, Mumbai, Delhi, Mewat and Dharuhera.&amp;lt;ref&amp;gt;{{Cite web|last=www.raheja.com|title=Raheja Developers one of the largest company in the Real Estate Industry|url=https://www.raheja.com/projects-residential.html|access-date=2021-04-02|website=www.raheja.com}}&amp;lt;/ref&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In 2008, Raheja Developers planned to build a Special Enterprise Zone (SEZ) in [[Gurgaon]] at an estimated cost of $660M US.  The development was to be on a {{convert|255|acre|ha|adj=on}} site, but the project did not advance. The [[Government of India]] announced denotification of the SEZ project on 29 January 2014.&amp;lt;ref&amp;gt;{{cite web|title=Raheja Denotification|url=http://www.sezindia.nic.in/writereaddata/notifications/Raheja%20denotificaiton%20full.pdf|website=SEZindia.nic.in|publisher=Govt of India|accessdate=3 January 2016}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt; &lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In 2020, Raheja Revanta, the tallest residential towers by Raheja Developers, was awarded the Luxury Project of the Year by CNN News 18 Real Estate Business Excellence Awards. The project is being built by Arabtec, the makers of [[Burj Khalifa]], Dubai&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, but now a dispute has developed between Raheja Developers and Arabtec and the matter of contract-termination reached the Delhi High Court&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;[&lt;/ins&gt;https://&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;indiankanoon&lt;/ins&gt;.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;org&lt;/ins&gt;/&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;doc&lt;/ins&gt;/&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;105525322&lt;/ins&gt;/ &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;IndianKanoon: &lt;/ins&gt;Raheja Developers &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Ltd vs Arabtec Construction (India) on 14 May, &lt;/ins&gt;2020&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;]&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt; &lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-deleted&quot;&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;Raheja Vanya, located in Gurugram, bagged the Green Project of the Year Award 2020.&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;=== Controversies ===&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;=== Controversies ===&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot; id=&quot;mw-diff-left-l33&quot;&gt;Line 33:&lt;/td&gt;
&lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 38:&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In October 2019, one of Raheja&amp;#039;s projects were imposed with a heavy fine, for flouting pollution norms.&amp;lt;ref&amp;gt;{{Cite web|last=Arora|first=Shilpy|date=7 October 2019|title=Gurugram: Five builders flout pollution norms, fined|url=https://timesofindia.indiatimes.com/city/gurgaon/five-builders-flout-pollution-norms-fined/articleshow/71470905.cms|access-date=9 October 2019|website=The Times of India}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In October 2019, one of Raheja&amp;#039;s projects were imposed with a heavy fine, for flouting pollution norms.&amp;lt;ref&amp;gt;{{Cite web|last=Arora|first=Shilpy|date=7 October 2019|title=Gurugram: Five builders flout pollution norms, fined|url=https://timesofindia.indiatimes.com/city/gurgaon/five-builders-flout-pollution-norms-fined/articleshow/71470905.cms|access-date=9 October 2019|website=The Times of India}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In July 2019, Raheja Developers faced insolvency proceedings under the Section 7 of Insolvency and Bankruptcy Code, 2016, on a complaint filed by home buyers on alleged delay in delivery of flats. On enquiry, the NCLAT bench observed that the home buyers had filed the application with intent of refund of money.&amp;lt;ref&amp;gt;{{Cite news|last1=Babar|first1=Kailash|last2=Vyas|first2=Maulik|date=27 July 2019|title=Raheja Developers to face insolvency proceedings|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/raheja-developers-to-face-insolvency-proceedings/articleshow/70406616.cms|access-date=25 September 2019}}&amp;lt;/ref&amp;gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; &lt;/del&gt;&amp;lt;ref&amp;gt;{{Cite web|date=9 September 2019|title=NCLT starts insolvency proceedings against Raheja Builders|url=https://www.livemint.com/industry/infrastructure/nclt-starts-insolvency-proceedings-against-raheja-builders-1568007172533.html|access-date=25 September 2019|website=Livemint}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;In July 2019, Raheja Developers faced insolvency proceedings under the Section 7 of Insolvency and Bankruptcy Code, 2016, on a complaint filed by home buyers on alleged delay in delivery of flats. On enquiry, the NCLAT bench observed that the home buyers had filed the application with intent of refund of money.&amp;lt;ref&amp;gt;{{Cite news|last1=Babar|first1=Kailash|last2=Vyas|first2=Maulik|date=27 July 2019|title=Raheja Developers to face insolvency proceedings|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/raheja-developers-to-face-insolvency-proceedings/articleshow/70406616.cms|access-date=25 September 2019}}&amp;lt;/ref&amp;gt;&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&amp;amp;nbsp;&lt;/ins&gt;&amp;lt;ref&amp;gt;{{Cite web|date=9 September 2019|title=NCLT starts insolvency proceedings against Raheja Builders|url=https://www.livemint.com/industry/infrastructure/nclt-starts-insolvency-proceedings-against-raheja-builders-1568007172533.html|access-date=25 September 2019|website=Livemint}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;The NCLAT reserved its order in the case in September 2019, further removing the Interim Resolution Professional (IRP) in January 2020, thus allowing the board of directors to take back control of the company.&amp;lt;ref&amp;gt;{{Cite web|last=www.ETRealty.com|title=NCLAT reserves orders in Raheja Developer&amp;#039;s insolvency case - ET RealEstate|url=https://realty.economictimes.indiatimes.com/news/regulatory/nclat-reserves-orders-in-raheja-developers-insolvency-case/71262824|access-date=21 February 2020|website=ETRealty.com}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite web|title=Delayed delivery of flats: Raheja group regains control of firm as IRP removed|url=https://epaper.timesgroup.com/olive/apa/timesofindia/SharedView.Article.aspx?href=TOIDEL/2020/01/23&amp;amp;id=Ar01020&amp;amp;sk=78DE2394&amp;amp;viewMode=text|access-date=21 February 2020|website=epaper.timesgroup.com}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;The NCLAT reserved its order in the case in September 2019, further removing the Interim Resolution Professional (IRP) in January 2020, thus allowing the board of directors to take back control of the company.&amp;lt;ref&amp;gt;{{Cite web|last=www.ETRealty.com|title=NCLAT reserves orders in Raheja Developer&amp;#039;s insolvency case - ET RealEstate|url=https://realty.economictimes.indiatimes.com/news/regulatory/nclat-reserves-orders-in-raheja-developers-insolvency-case/71262824|access-date=21 February 2020|website=ETRealty.com}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite web|title=Delayed delivery of flats: Raheja group regains control of firm as IRP removed|url=https://epaper.timesgroup.com/olive/apa/timesofindia/SharedView.Article.aspx?href=TOIDEL/2020/01/23&amp;amp;id=Ar01020&amp;amp;sk=78DE2394&amp;amp;viewMode=text|access-date=21 February 2020|website=epaper.timesgroup.com}}&amp;lt;/ref&amp;gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;== Awards&amp;lt;ref name=&quot;aninews&quot; /&amp;gt;&amp;lt;ref&amp;gt;{{Cite web|title=Raheja Developers Adjudged &#039;&#039;Best Iconic Brand in India for Real Estate&#039;&#039; by Economic Times|url=https://www.outlookindia.com/newsscroll/raheja-developers-adjudged-best-iconic-brand-in-india-for-real-estate-by-economic-times/1897168|access-date=2021-04-13|website=www.outlookindia.com/}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite news|last=ANI|date=2019-11-04|title=Raheja Revanta bags the Award for Luxury Residential Project of the Year by Times of India|work=Business Standard India|url=https://www.business-standard.com/article/news-ani/raheja-revanta-bags-the-award-for-luxury-residential-project-of-the-year-by-times-of-india-119110401163_1.html|access-date=2021-04-13}}&amp;lt;/ref&amp;gt; ==&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;{| class=&quot;wikitable&quot;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;!Year&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;!Award&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|-&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|2008&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|CNBC Awaaz at CRISIL Real Estate Awards&amp;lt;ref&amp;gt;{{Cite web|title=RR Kabel, CNBC AWAAZ and CRISIL announced the winners of &#039;Real Estate Awards 2008&#039;|url=https://www.realestateawards.co.in/previous-winners/|url-status=live|access-date=2021-02-25|language=en}}&amp;lt;/ref&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|-&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|2011, 2012, 2013 and 2016 &lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Best Developer in India by Euromoney UK&amp;lt;ref name=&quot;:0&quot;&amp;gt;{{Cite web|date=2020-02-05|title=Raheja Developers bags multiple awards at CNN News 18 Real Estate and Business Excellence Awards|url=https://thefactnews.in/raheja-developers-bags-multiple-awards-at-cnn-news-18-real-estate-and-business-excellence-awards/|access-date=2021-02-25|website=TheFactNews|language=en-US}}&amp;lt;/ref&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|-&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|July 2017&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Winner of the &#039;Best Iconic Brand in India for Real Estate&#039; by The Economic Times&amp;lt;ref name=&quot;:0&quot; /&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|-&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Feb 2020&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Raheja Revanta, Luxury Project of the Year by CNN News 18 Real Estate Business Excellence Awards&amp;lt;ref name=&quot;aninews&quot; /&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|-&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Feb 2020&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Raheja Vanya, Green Project of the Year 2020 by CNN News 18 Real Estate Business Excellence Awards&amp;lt;ref name=&quot;aninews&quot; /&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|-&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|Oct 2020&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|“Best Employer” in the real estate category by IBRF, a Bengaluru based marketing and research firm&amp;lt;ref name=&quot;aninews&quot; /&amp;gt;&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;&lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;|}&lt;/del&gt;&lt;/div&gt;&lt;/td&gt;&lt;td colspan=&quot;2&quot; class=&quot;diff-side-added&quot;&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;br&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;== References ==&lt;/div&gt;&lt;/td&gt;&lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;&lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;== References ==&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</summary>
		<author><name>UpdateBot</name></author>
	</entry>
	<entry>
		<id>https://en.bharatpedia.org/w/index.php?title=Raheja_Developers&amp;diff=153483&amp;oldid=prev</id>
		<title>imported&gt;Snooganssnoogans: /* History */</title>
		<link rel="alternate" type="text/html" href="https://en.bharatpedia.org/w/index.php?title=Raheja_Developers&amp;diff=153483&amp;oldid=prev"/>
		<updated>2021-07-09T18:43:50Z</updated>

		<summary type="html">&lt;p&gt;&lt;span class=&quot;autocomment&quot;&gt;History&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{Use Indian English|date=March 2015}}&lt;br /&gt;
{{Use dmy dates|date=August 2015}}&lt;br /&gt;
&lt;br /&gt;
{{Infobox company&lt;br /&gt;
| name = Raheja Developers Limited&lt;br /&gt;
| logo = Raheja_Developers_Limited,_Logo,_Oct_2014.jpg&lt;br /&gt;
| type = [[Public company|Public]]&lt;br /&gt;
| founded =             {{start date and age|1990}} in [[Delhi]], India&lt;br /&gt;
| founder =             Navin Raheja  &lt;br /&gt;
| hq_location = [[Saket (Delhi)|Saket]]&lt;br /&gt;
| hq_location_city = [[New Delhi]]&lt;br /&gt;
| hq_location_country = India&lt;br /&gt;
| area_served =         [[National Capital Region (India)|National Capital Region]]&lt;br /&gt;
| industry = [[Real estate]]&lt;br /&gt;
| website =             {{URL|http://www.raheja.com}}&lt;br /&gt;
| former_name = Raheja Developers Private Limited&lt;br /&gt;
}}&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Raheja Developers Limited&amp;#039;&amp;#039;&amp;#039;, (RDL), formerly Raheja Developers Private Limited, is an Indian [[real estate development]] company with its headquarters in [[Delhi]], India.&lt;br /&gt;
&lt;br /&gt;
RDL was incorporated in 1990 by Navin Raheja, and is currently managed by its Chairman and Managing Director Nayan Raheja.&amp;lt;ref&amp;gt;{{Cite web |url=https://www.zaubacorp.com/company/RAHEJA-DEVELOPERS-LIMITED/U45400DL1990PLC042200 |title=Raheja Developers Limited - Company, directors and contact details |website=Zauba Corp |access-date=19 February 2020}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== History ==&lt;br /&gt;
Raheja Developers Limited was incorporated by Navin Raheja in 1990.&amp;lt;ref&amp;gt;{{cite web |title=Business Week: Raheja Developers Ltd |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=42411522 |publisher=Business Week |accessdate=26 November 2014}}&amp;lt;/ref&amp;gt; The group has worked with contractors such as [[Aedas]],&amp;lt;ref&amp;gt;{{Cite news |url=http://www.thehindu.com/todays-paper/tp-business/Tata-Housing-to-develop-200-lakh-sq.-ft./article15274906.ece |title=Tata Housing to develop 200 lakh sq. ft. |newspaper=The Hindu |access-date=10 June 2017}}&amp;lt;/ref&amp;gt; Shapoorji-Pallonji&amp;lt;ref&amp;gt;{{Cite web |url=http://content.magicbricks.com/industry-news/commercial-real-estate-news-industry-news/bhoomi-poojan-of-raheja-shilas/8525.html |title=Bhoomi Poojan of – RAHEJA SHILAS |publisher= MagicBricks |url-status=live |accessdate=18 October 2010}}&amp;lt;/ref&amp;gt; and two of its joint-development projects were in collaboration with [[Tata Group]].&amp;lt;ref&amp;gt;{{Cite news |url=http://www.financialexpress.com/news/rahejas-to-ink-jvs-with-tata-housing-2-dubai-firms/868625 |title=Rahejas to ink JVs with Tata Housing, 2 Dubai firms |publisher= Financial Express |url-status=live |accessdate=1 November 2011}}&amp;lt;/ref&amp;gt; It had also collaborated with [[Dubai]]-based [[Arabtec|Arabtec Construction]].&amp;lt;ref&amp;gt;{{Cite news |url=http://www.livemint.com/Companies/LgS46TKU8Eg2FFmpSjE1NN/Raheja-forms-JV-with-Dubai8217s-construction-firm-Arabtec.html |title=Raheja forms JV with Dubai&amp;#039;s construction firm Arabtec |publisher= Livemint |url-status=live |accessdate=5 November 2011}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 2008, Raheja Developers planned to build a Special Enterprise Zone (SEZ) in [[Gurgaon]] at an estimated cost of $660M US.  The development was to be on a {{convert|255|acre|ha|adj=on}} site,&amp;lt;ref&amp;gt;{{cite news|title=Raheja to invest Rs 4,500 cr to develop engg SEZ in Gurgaon|url=http://articles.economictimes.indiatimes.com/2008-08-20/news/28434188_1_raheja-sezs-land-owners-special-economic-zone|accessdate=14 March 2015|agency=Press Trust of India|date=20 August 2008|location=New Delhi}}&amp;lt;/ref&amp;gt; but the project did not advance. The [[Government of India]] announced denotification of the SEZ project on 29 January 2014.&amp;lt;ref&amp;gt;{{cite web|title=Raheja Denotification|url=http://www.sezindia.nic.in/writereaddata/notifications/Raheja%20denotificaiton%20full.pdf|website=SEZindia.nic.in|publisher=Govt of India|accessdate=3 January 2016}}&amp;lt;/ref&amp;gt; In 2020, Raheja Revanta, the tallest residential towers by Raheja Developers, was awarded the Luxury Project of the Year by CNN News 18 Real Estate Business Excellence Awards. The project is being built by Arabtec, the makers of [[Burj Khalifa]], Dubai.&amp;lt;ref name=&amp;quot;aninews&amp;quot;&amp;gt;{{Cite web |url=https://www.aninews.in/news/business/raheja-developers-bags-multiple-awards-at-cnn-news-18-real-estate-and-business-excellence-awards20200205184450/ |title=Raheja Developers bags multiple awards at CNN News 18 Real Estate and Business Excellence Awards |website=www.aninews.in |access-date=21 February 2020}}&amp;lt;/ref&amp;gt; Raheja Vanya, located in Gurugram, bagged the Green Project of the Year Award 2020.&amp;lt;ref name=&amp;quot;aninews&amp;quot; /&amp;gt; Raheja Developers is operational in 12 major cities across India including Gurgaon, Bangalore, Mumbai, Delhi, Mewat and Dharuhera.&amp;lt;ref&amp;gt;{{Cite web|last=www.raheja.com|title=Raheja Developers one of the largest company in the Real Estate Industry|url=https://www.raheja.com/projects-residential.html|access-date=2021-04-02|website=www.raheja.com}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== Controversies ===&lt;br /&gt;
In 2010, a raid by Indian Income Tax authorities led to a recovery of tax evasion amounting to {{INRConvert|80|c}}.&amp;lt;ref&amp;gt;{{cite web|last=Saini|first=Manveer|title=Tax evasion worth Rs 80cr unearthed|url=http://timesofindia.indiatimes.com/city/chandigarh/Tax-evasion-worth-Rs-80cr-unearthed/articleshow/5586071.cms|website=Times of India|accessdate=5 January 2015}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
In 2014 investigative portal [[Cobrapost]] conducted a sting operation against several real estate developers.&amp;lt;ref&amp;gt;{{Cite news|title=Black money rampant in realty deals, reveals sting op - Times of India|work=The Times of India|url=http://timesofindia.indiatimes.com/india/Black-money-rampant-in-realty-deals-reveals-sting-op/articleshow/45302456.cms|access-date=26 October 2017}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite news|last=Reporter|first=BS|date=28 November 2014|title=Cobrapost stings realtors|work=Business Standard India|url=http://www.business-standard.com/article/companies/cobrapost-stings-realtors-114112700275_1.html|access-date=26 October 2017}}&amp;lt;/ref&amp;gt; It alleged that Raheja was one among the several developers willing to accept [[Indian black money|black money]].&amp;lt;ref&amp;gt;{{cite web|title=Operation Black Ninja|url=http://cobrapost.com/index.php/news-detail?nid=7299&amp;amp;cid=23|publisher=Cobrapost|accessdate=11 December 2014|archiveurl=https://web.archive.org/web/20141211004306/http://cobrapost.com/index.php/news-detail?nid=7299&amp;amp;cid=23|archivedate=11 December 2014}}&amp;lt;/ref&amp;gt; Based on this, the [[Taxation in India#Central Board of Direct Taxes|Central Board of Direct Taxes]] ordered a probe into Raheja and 34 other developers.&amp;lt;ref&amp;gt;{{cite web|title=Black Money: CBDT orders I-T Probe against select real estate firms|url=http://www.livemint.com/Home-Page/DYeHASvLZQDDovzYg2U6FP/Black-money-CBDT-orders-IT-probe-against-select-real-estat.html|website=www.livemint.com|publisher=Mint|accessdate=11 December 2014}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web|title=Cobrapost sting: CBDT orders probe against real estate firms over black money allegations|url=http://www.financialexpress.com/article/economy/blackmoney-cbdt-orders-probe-against-select-real-estate-firms/13999/|publisher=Financial Express|accessdate=11 December 2014}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 2014, the Prime Minister of India&amp;#039;s Office ordered a probe relating to alleged irregularities in a [[Gurgaon]] housing project named Raheja Atharva.&amp;lt;ref name=&amp;quot;Forbes&amp;quot;&amp;gt;{{cite web|last1=Hussain|first1=Shabana|title=PMO asks Haryana to probe complaints against Raheja Developers|url=http://forbesindia.com/article/special/pmo-asks-haryana-to-probe-complaints-against-raheja-developers/39249/1|publisher=Forbes India Magazine|accessdate=19 December 2014}}&amp;lt;/ref&amp;gt; Subsequently, the State Level Expert Appraisal Committee investigated,&amp;lt;ref&amp;gt;{{cite web|title=Gazette of India|url=http://envfor.nic.in/sites/default/files/Notification%20Haryana%20(1)(1).pdf|website=Ministry of Environment, Forest and Climate Change|accessdate=3 January 2016}}&amp;lt;/ref&amp;gt; and 0.8 acres of the Atharva project was sealed as it was illegally constructed without any Environmental Clearances.&amp;lt;ref&amp;gt;{{cite web|title=SEAC Seals Site of Raheja Builder|url=http://epaper.amarujala.com/gr/20151218/06.html?format=html|website=Amar Ujala|publisher=Amar Ujala Newspaper|accessdate=3 January 2016}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In October 2019, one of Raheja&amp;#039;s projects were imposed with a heavy fine, for flouting pollution norms.&amp;lt;ref&amp;gt;{{Cite web|last=Arora|first=Shilpy|date=7 October 2019|title=Gurugram: Five builders flout pollution norms, fined|url=https://timesofindia.indiatimes.com/city/gurgaon/five-builders-flout-pollution-norms-fined/articleshow/71470905.cms|access-date=9 October 2019|website=The Times of India}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In July 2019, Raheja Developers faced insolvency proceedings under the Section 7 of Insolvency and Bankruptcy Code, 2016, on a complaint filed by home buyers on alleged delay in delivery of flats. On enquiry, the NCLAT bench observed that the home buyers had filed the application with intent of refund of money.&amp;lt;ref&amp;gt;{{Cite news|last1=Babar|first1=Kailash|last2=Vyas|first2=Maulik|date=27 July 2019|title=Raheja Developers to face insolvency proceedings|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/raheja-developers-to-face-insolvency-proceedings/articleshow/70406616.cms|access-date=25 September 2019}}&amp;lt;/ref&amp;gt; &amp;lt;ref&amp;gt;{{Cite web|date=9 September 2019|title=NCLT starts insolvency proceedings against Raheja Builders|url=https://www.livemint.com/industry/infrastructure/nclt-starts-insolvency-proceedings-against-raheja-builders-1568007172533.html|access-date=25 September 2019|website=Livemint}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
The NCLAT reserved its order in the case in September 2019, further removing the Interim Resolution Professional (IRP) in January 2020, thus allowing the board of directors to take back control of the company.&amp;lt;ref&amp;gt;{{Cite web|last=www.ETRealty.com|title=NCLAT reserves orders in Raheja Developer&amp;#039;s insolvency case - ET RealEstate|url=https://realty.economictimes.indiatimes.com/news/regulatory/nclat-reserves-orders-in-raheja-developers-insolvency-case/71262824|access-date=21 February 2020|website=ETRealty.com}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite web|title=Delayed delivery of flats: Raheja group regains control of firm as IRP removed|url=https://epaper.timesgroup.com/olive/apa/timesofindia/SharedView.Article.aspx?href=TOIDEL/2020/01/23&amp;amp;id=Ar01020&amp;amp;sk=78DE2394&amp;amp;viewMode=text|access-date=21 February 2020|website=epaper.timesgroup.com}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Awards&amp;lt;ref name=&amp;quot;aninews&amp;quot; /&amp;gt;&amp;lt;ref&amp;gt;{{Cite web|title=Raheja Developers Adjudged &amp;#039;&amp;#039;Best Iconic Brand in India for Real Estate&amp;#039;&amp;#039; by Economic Times|url=https://www.outlookindia.com/newsscroll/raheja-developers-adjudged-best-iconic-brand-in-india-for-real-estate-by-economic-times/1897168|access-date=2021-04-13|website=www.outlookindia.com/}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{Cite news|last=ANI|date=2019-11-04|title=Raheja Revanta bags the Award for Luxury Residential Project of the Year by Times of India|work=Business Standard India|url=https://www.business-standard.com/article/news-ani/raheja-revanta-bags-the-award-for-luxury-residential-project-of-the-year-by-times-of-india-119110401163_1.html|access-date=2021-04-13}}&amp;lt;/ref&amp;gt; ==&lt;br /&gt;
{| class=&amp;quot;wikitable&amp;quot;&lt;br /&gt;
!Year&lt;br /&gt;
!Award&lt;br /&gt;
|-&lt;br /&gt;
|2008&lt;br /&gt;
|CNBC Awaaz at CRISIL Real Estate Awards&amp;lt;ref&amp;gt;{{Cite web|title=RR Kabel, CNBC AWAAZ and CRISIL announced the winners of &amp;#039;Real Estate Awards 2008&amp;#039;|url=https://www.realestateawards.co.in/previous-winners/|url-status=live|access-date=2021-02-25|language=en}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
|-&lt;br /&gt;
|2011, 2012, 2013 and 2016 &lt;br /&gt;
|Best Developer in India by Euromoney UK&amp;lt;ref name=&amp;quot;:0&amp;quot;&amp;gt;{{Cite web|date=2020-02-05|title=Raheja Developers bags multiple awards at CNN News 18 Real Estate and Business Excellence Awards|url=https://thefactnews.in/raheja-developers-bags-multiple-awards-at-cnn-news-18-real-estate-and-business-excellence-awards/|access-date=2021-02-25|website=TheFactNews|language=en-US}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
|-&lt;br /&gt;
|July 2017&lt;br /&gt;
|Winner of the &amp;#039;Best Iconic Brand in India for Real Estate&amp;#039; by The Economic Times&amp;lt;ref name=&amp;quot;:0&amp;quot; /&amp;gt;&lt;br /&gt;
|-&lt;br /&gt;
|Feb 2020&lt;br /&gt;
|Raheja Revanta, Luxury Project of the Year by CNN News 18 Real Estate Business Excellence Awards&amp;lt;ref name=&amp;quot;aninews&amp;quot; /&amp;gt;&lt;br /&gt;
|-&lt;br /&gt;
|Feb 2020&lt;br /&gt;
|Raheja Vanya, Green Project of the Year 2020 by CNN News 18 Real Estate Business Excellence Awards&amp;lt;ref name=&amp;quot;aninews&amp;quot; /&amp;gt;&lt;br /&gt;
|-&lt;br /&gt;
|Oct 2020&lt;br /&gt;
|“Best Employer” in the real estate category by IBRF, a Bengaluru based marketing and research firm&amp;lt;ref name=&amp;quot;aninews&amp;quot; /&amp;gt;&lt;br /&gt;
|}&lt;br /&gt;
&lt;br /&gt;
== References ==&lt;br /&gt;
{{Reflist|20em}}&lt;br /&gt;
&lt;br /&gt;
[[Category:Real estate companies of India]]&lt;br /&gt;
[[Category:Indian companies established in 1990]]&lt;br /&gt;
[[Category:Privately held companies of India]]&lt;/div&gt;</summary>
		<author><name>imported&gt;Snooganssnoogans</name></author>
	</entry>
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