Punjab & Haryana HC halts all activity on 469-acre Rajpura land sold for ₹117 crore, citing misuse of industrial property.

The case dates back to 1993 when Punjab planned a 1,000-acre industrial zone in Rajpura through SIEL Ltd’s partnership.

Landowners say the company used only part of the site, later selling 469 acres meant for industry—sparking legal dispute.

The High Court’s interim order freezes all construction, sale, or transfer until the full hearing is completed.

Petitioners argue Punjab’s land acquisition in the 1990s was misused, undermining industrial growth promises in Rajpura.

Analysts say the decision could slow land deals along the Rajpura–Banur–Mohali belt, key to Tricity’s growth corridor.

Real estate consultants note rising caution among buyers seeking legal clarity before investing in GMADA zones.

Experts believe stronger RERA and GMADA monitoring is needed to prevent misuse of industrial land in future projects.

The case may set a precedent for how Punjab handles land use accountability in its industrial and urban zones.

CityNest Realty analysts say this ruling shapes Mohali real estate news 2025 by reinforcing trust through transparency.