Negative impactSector
One PAN, ₹50,000-cr transactions and 25000 properties under IT scanner: What happened at Gurugram’s Badshahpur tehsil?
Mint 1 hr ago·13 Oct 2026, 9:39 am
The Income Tax Department has launched a major investigation into the Badshahpur tehsil office in Gurugram. The probe was triggered after officials discovered that a single Permanent Account Number (PAN) was allegedly used to register over 25,000 properties. This massive volume of transactions, estimated to be worth thousands of crores, suggests a potential systemic issue with how property records are being maintained.
This development is significant for investors as it raises serious concerns about data integrity and the risk of tax evasion in the real estate sector. A tehsil office managing such a high volume of property deals is now under the scanner, which could lead to stricter oversight and compliance checks across the region.
Investors should watch for updates on the scope of this investigation and whether it expands to other regions. The outcome of this probe could impact the regulatory environment for real estate transactions and influence investor sentiment in property-related stocks.
Excerpt from Mint
The Income Tax dept is scrutinising records at the Badshahpur tehsil office in Gurugram after it found the same PAN was used for 25,000 property registrations, worth transactions of ₹ 55,000-crore. An Income Tax Department survey has unearthed discrepancies in records of some 25,000 properties, including the alleged…Read the original at Mint
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