Unitech

High Court Extends Interim Bail Of Unitech Promoter Sanjay Chandra On Medical Grounds

India News | Press Trust of India | Wednesday December 30, 2020

The Delhi High Court today extended the interim bail of Unitech promoter Sanjay Chandra, who was arrested for allegedly cheating home buyers, till January 21 on medical grounds.

Unitech Founder Ramesh Chandra, Sons Face CBI Case For Bank Fraud

India News | Written by Arvind Gunasekar | Sunday December 6, 2020

The CBI has registered a case against Ramesh Chandra, the founder of real estate company Unitech Limited, and his sons - Sanjay and Ajay Chandra - for allegedly defrauding Canara Bank of Rs 198 crore

Unitech Promoter Ajay Chandra's Plea To Extend Interim Bail Rejected

India News | Press Trust of India | Friday November 27, 2020

The Delhi High Court has refused to extend the interim bail of one month granted to Unitech Ltd promoter Ajay Chandra due to the illness of his wife who was suffering from COVID-19.

Unitech Promoter's Plea To Allow Blanket Order On Physical Presence Refused

India News | Press Trust of India | Monday October 26, 2020

The Delhi High Court has refused to pass a blanket order on a plea by Unitech MD Sanjay Chandra, who is lodged in Tihar Jail for allegedly cheating home buyers, seeking to permit him to be produced physically before the meditation centre here to settle disputes.

Jailed Unitech Promoter Sanjay Chandra Gets Bail As Parents Hospitalised

Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Tuesday July 7, 2020

The Supreme Court on Tuesday granted bail to real estate company Unitech's promoter, Sanjay Chandra, who has been in jail for the last three years for allegedly duping home buyers in two housing projects in Gurugram. Sanjay Chandra's parents are unwell and hospitalized, the court was told. Sanjay Chandra has been granted bail for one month but his ...

New Board To Take Over Unitech As Top Court Approves Centre's Proposal

Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Monday January 20, 2020

The new board chaired by Mr Malik will file a report on the resolution framework to sort out the housing mess of Unitech within two months.

Unitech Loses Property In Noida Over Rs 1,203 Crore Dues

India News | Press Trust of India | Wednesday October 30, 2019

The Noida Authority on Wednesday said it has cancelled the allotment of a group housing property to crisis-hit realtor Unitech over non-payment of dues worth Rs 1,203 crore.

"Can't Make Buyers Wait Indefinitely": Unitech Ordered To Pay 33 Lakhs

India News | Press Trust of India | Monday August 19, 2019

The Delhi State Consumer Commission has observed that homebuyers cannot be expected to wait indefinitely for the possession of flats and directed real estate firm Unitech to refund over Rs 33 lakh to a resident.

Nearly 1 Lakh Homebuyers In Legal Quagmire To Get Their Flats

India News | Indo-Asian News Service | Thursday August 1, 2019

Nearly 1 lakh homebuyers find themselves in a legal quagmire as the flats they booked years back in Delhi NCR are nowhere near completion by the three prominent builders - Amrapali, Unitech and Jaypee.

Unitech Case: Supreme Court Orders Withdrawal Of Special Facilities To Jailed Promoters

Business | NDTV Profit Team | Thursday May 9, 2019

The Supreme Court had in October 2017 ordered the real estate developer to deposit Rs. 750 crore with the court's registry.

Supreme Court Denies Bail To Unitech Directors Sanjay Chandra, Ajay Chandra: 10 Points

Business | Reported by A Vaidyanathan | Wednesday January 23, 2019

The Supreme Court on Wednesday rejected the bail plea of jailed directors of real estate company Unitech, Sanjay Chandra and his brother Ajay Chandra. The beleaguered realty firm is facing the wrath of the court in a case related to alleged siphoning of homebuyers' money. A bench of Justices DY Chandrachud and Hemant Gupta said Sanjay Chandra did n...

Parallel System Running Jails? Supreme Court On Report Of TVs, Sofas For Inmates

India News | Edited by Jayanth Jacob | Thursday November 22, 2018

An inspection report that had found inmates including Unitech managing director Sanjay Chandra and his brother Ajay, who have been accused of duping home buyers, were enjoying comforts such as LED television and sofas in Tihar jail irked the Supreme Court today.

Unitech Asked To Refund Rs 18 Crore For Failing To Hand Over Apartments

India News | Press Trust of India | Wednesday November 7, 2018

The National Consumer Disputes Redressal Commission (NCDRC) has asked real estate giant Unitech Limited to refund over Rs 18 crore to members of a home buyers' union for failing to hand over the possession of apartments.

Hyderabad High Court Orders Payment Of Rs 660 Crore To Unitech

Business | Press Trust of India | Friday October 26, 2018

According to the petitioner, the amount was deposited after it emerged as the successful bidder for developing the design and constructing an integrated airport township and multi-services aerospace park, in a bidding process by the APIIC in 2008.

Construct 514 Unitech Flats From Auctioned Property Funds: Supreme Court

India News | Press Trust of India | Wednesday September 12, 2018

To the relief of aggrieved home buyers of Unitech, the Supreme Court Tuesday directed the realty firm to construct 514 flats in its five projects out of the funds generated from auctioning of its Kolkata property.