In a major setback for commercial property buyers in Delhi, Purearth Infrastructure Ltd has informed the Delhi Real Estate Regulatory Authority (Delhi RERA) that it is unable to complete Plaza-4 of the Central Square Complex at Bara Hindu Rao. The company has officially stated that it has abandoned the project after more than three decades due to the absence of sanctioned building plans.
The disclosure came during a hearing before Delhi RERA on complaints filed by three buyers. According to the regulator’s order dated May 12, 2026, the builder’s counsel informed the authority that the company is not in a position to execute the project and is willing to refund the money paid by allottees along with interest as prescribed under the Real Estate (Regulation and Development) Act, 2016 (RERA).
Purearth Infrastructure is a joint venture between DCM Ltd and Singapore-based investors. The project was planned as part of the larger Central Square Complex, which was developed on the site of the former Delhi Cloth & General Mills (DCM) industrial complex. While three plazas of the project have been completed and are operational, Plaza-4 has remained unfinished for decades.
The company attributed the project’s failure to multiple legal disputes, including litigation involving the Municipal Corporation of Delhi (MCD). According to a senior company executive, these disputes have prevented construction from moving forward. As a result, the company now intends to compensate buyers by refunding their investments with applicable interest instead of delivering the promised commercial units.
The announcement has come as a major shock to buyers who have been waiting for possession for several years. Many investors said they were unaware that the company had decided to abandon the project. They also pointed out that the company’s 2024-25 Annual Report had stated that Plaza-4 was still under construction, giving buyers hope that the project would eventually be completed.
Some buyers have questioned the builder’s explanation, noting that the MCD had approved the building plan for Plaza-4 in May 2010. They allege that despite receiving approval, the company failed to begin construction during the five-year validity period of the sanctioned plan.
Earlier this year, reports showed that the site designated for Plaza-4 remained an undeveloped pit. At that time, the company had stated that it was seeking revised approvals from municipal authorities for additional parking facilities and increased building height before commencing construction.
Delhi RERA has previously observed that the developer consistently marketed and sold units in Central Square as a commercial business park despite being aware that the land was classified for a “flatted factory” project. These observations have raised concerns regarding the project’s planning and regulatory compliance from the outset.
