DTCP to Take Over OSB The Venetian Land in Gurugram After Licence Cancellation

DTCP will take possession of the 5.10-acre OSB The Venetian project in Gurugram after licence cancellation and restrict property transactions. Know what buyers should do.
DTCP to Take Over OSB The Venetian Land in Gurugram After Licence Cancellation

Gurugram, Haryana | September 3, 2026: The Department of Town and Country Planning (DTCP) is set to take possession of the 5.10-acre OSB The Venetian affordable group housing project in Sector 70, Gurugram, after cancelling its project licence. The department has also moved to restrict property transactions and prevent the creation of third-party rights on the project land.

The action follows the cancellation of the licence granted in 2019, with prolonged construction delays and regulatory violations cited as reasons for the decision. For existing allottees and prospective buyers, the latest directions carry an important warning against making further payments or entering into transactions involving the cancelled project.


DTCP to Take Physical Possession of Project Land

Following the licence cancellation, DTCP has asked the district administration to coordinate with revenue and town planning officials to take possession of the land and hand it over to the district town planner.

The project covers 5.10 acres in Sector 70 and was licensed in September 2019 to a group of landowners in collaboration with Ocean Seven Buildtech for development of the housing colony.


Sale and Lease Transactions Face Restrictions

DTCP has directed authorities to prevent sale or lease transactions involving the licensed land without prior permission from the department.

The Badshahpur sub-registrar has been asked not to register any sale or lease deed concerning the project land without DTCP approval. Officials have also been directed to check whether any third-party rights have already been created over the property.

This is particularly important for buyers because any transaction carried out after the licence cancellation could face additional legal and registration complications.

 


Revenue Records to Reflect Licence Cancellation

The department has sought changes in the revenue records against the relevant khasra numbers. The records are expected to reflect the cancellation of the project licence and state that the land vests with DTCP, Haryana.

The move is intended to create an official record of the project’s changed status and prevent confusion over ownership and development rights.


Public Notices to Warn Buyers

DTCP has directed the district administration to display a public notice at the project site and publish notices in newspapers informing the public and prospective buyers about the licence cancellation.

The department has also specifically advised members of the public and existing allottees not to make any further payments to the coloniser or enter into sale, purchase or other transactions related to the cancelled project.

For property buyers, the public notice is an important safeguard as it provides an official warning before any further financial commitment is made.

 


What Existing Allottees Should Do

People who have already purchased a unit or land in the project have been asked to submit details of their purchase to the senior town planner’s office.

They will need to provide relevant property or purchase details along with copies of receipts showing payments made to the coloniser. The information must be submitted within 15 days of publication of the public notice.

This documentation could help authorities identify existing purchasers and understand the third-party interests already associated with the project.


What Happens Next for OSB The Venetian

The latest DTCP communication sets out a broader post-cancellation process rather than simply recording the licence cancellation. It includes physical possession of the land, restrictions on registration, verification of third-party rights, updates to revenue records and public disclosure of the project’s status.

For buyers and investors, the immediate priority is to avoid entering into new transactions or making additional payments until the legal and regulatory position of the project becomes clear. Any future development or resolution will depend on further directions from DTCP, the district administration and other competent authorities.