Unitech

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 | NDTV Profit Team | 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.

Top Consumer Commission Asks Unitech To Refund Rs 58 Lakh To Home Buyer

India News | Press Trust of India | Friday August 31, 2018

The top consumer commission has asked a real estate giant to return over Rs 58 lakh with interest to a home buyer after it failed to hand over the apartment within the stipulated time.

Unitech Directors' Assets To Be Sold To Repay Home Buyers, Says Top Court

India News | Press Trust of India | Wednesday August 22, 2018

The Supreme Court on Tuesday directed a panel headed by former Delhi High Court judge Justice SN Dhingra to go ahead with sale of unencumbered assets of the directors of real estate major Unitech Ltd to refund money to hassled home buyers.

Cop Arrested For Alleged Bribery, Case Filed Against Unitech Founder

Delhi News | Edited by Anindita Sanyal | Tuesday July 31, 2018

A case was filed against Ramesh Chandra, the founder of real estate firm Unitech Ltd, as a Delhi police officer and an advocate were arrested in a case of bribery, reported news agency Press Trust of India. Unitech has been accused of cheating by home buyers. It has been ordered by the Supreme Court to compensate buyers who have been waiting for ye...

Supreme Court Seeks Response From Unitech After Some Buyers Claim They Did Not Get Compensation

Business | Press Trust of India | Tuesday May 8, 2018

The petitioners said they had personally approached the competent authorities of Unitech Ltd, but they did not pay any heed to the requests.

Supreme Court Likely To Auction Unitech Properties: "You Cheated Buyers"

Business | NDTV Profit Team | Monday March 12, 2018

Unitech submitted a list of its properties but said that it is incomplete. The Supreme Court then directed Unitech to submit the complete list of its properties.

Unitech Ltd Asked To Refund Buyer After Failing To Deliver Flat On Time

Business | Press Trust of India | Monday February 19, 2018

The proposed Rs 91 lakh apartment was booked in 2011 with an agreement to handover possession within three years.

Unitech Posts Loss Of Rs 103 Crore In Q3

Business | Indo-Asian News Service | Wednesday February 14, 2018

Unitech's consolidated net loss during the quarter under review increased to Rs 103.42 crore from Rs 17 crore loss reported for the corresponding quarter of the previous fiscal year.

"There Was No Wrongdoing," Says Unitech's Sanjay Chandra After 2G Verdict

India News | Press Trust of India | Thursday December 21, 2017

Within hours of acquittal in the 2G spectrum allocation case by a special court, Unitech MD Sanjay Chandra said there was no wrongdoing on his part but his company had to pay the price for the case foisted on him.

2G Case Verdict: Unitech, RCom, Sun TV Shares Jump As CBI Court Acquits All Accused

Business | NDTV Profit Team | Thursday December 21, 2017

After 2G Case judgement, Unitech shares surged 11.86%, D B Realty closed higher by 19.89 per cent, RCom shares rose 4 per cent, while Sun TV rose 4.51%