Authorities in Gurugram have revoked the license of Ocean Seven Buildtech due to a stalled housing project, citing extensive delays and failure to meet construction milestones. Homebuyers expressed relief at the decision and are now searching for a new developer to finish the project. The government will assume control of the property, while investigations continue regarding potential fund misappropriation from buyers.
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Ocean Seven’s licence cancelled in Gurugram, buyers seek another developer
