Unitech Flat Buyers
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"Can't Make Buyers Wait Indefinitely": Unitech Ordered To Pay 33 Lakhs
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.
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Construct 514 Unitech Flats From Auctioned Property Funds: Supreme Court
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.
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Unitech Ltd Asked To Refund Buyer After Failing To Deliver Flat On Time
The proposed Rs 91 lakh apartment was booked in 2011 with an agreement to handover possession within three years.
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'Tears Of Home Buyers': No Bail For Unitech's Sanjay Chandra
The Supreme Court also warned Mr Chandra that that it will appoint court receiver and auction projects, if buyers don't get flats or refund.
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After Refund, Unitech Flat Buyers In Gurgaon Project Get Compensation
Unitech flat buyers had sought a compensation of Rs 1 lakh towards mental agony and litigation cost.
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Flats Or Refund, Says Supreme Court As Unitech Promoters Denied Interim Bail
The top court refused to grant interim bail to jailed Unitech promoters Sanjay Chandra and Ajay Chandra till September 15 in a case of alleged forgery lodged by home buyers of its Gurugram-based housing project.
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Will Sell My Own House, Unitech Boss Sanjay Chandra Tells Supreme Court
The court sought the details as Unitech Managing Director Sanjay Chandra sought an interim bail for three months and assured the court that he would sell his house to settle the dues of the flat buyers seeking refund of their money.
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Top Court Stays Delhi High Court Order On Unitech's Meet With Home Buyers
Investors have told the court that they had paid money to the firm on time and the company was scheduled to hand over the possession of flats in 2012, but has not done so.
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Patience On 'Burial Pyre', Home Buyers Narrates Ordeal To Supreme Court
With their patience on "burial pyre" home buyers who suffered due to inordinate delay in getting their flats from reality firm Unitech Ltd, narrated their ordeal and anguish before the Supreme Court which directed the builder to refund their money.
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Unitech Ordered By Supreme Court To Pay Rs. 2 Crore More To Refund Flat Buyers
The Rs 17 crore will cover the buyers for the principal amount they gave Unitech for the flats in its Vistas project in Gurgaon.
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High Court Allows Unitech To Open Special Accounts For Finishing Projects
The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in them solely for these projects.
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Supreme Court Warns Unitech's Bosses Of Contempt, If Terms Not Honoured
The Supreme Court on Thursday warned the Chairman and directors of reality major Unitech Hi-tech Developers Ltd that they will be liable for contempt if the terms of settlement they have entered into with three home buyers, who are yet to get their flats, were not honoured.
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Don't Have Money To Refund Home Buyers: Unitech To Supreme Court
Beleaguered real estate firm Unitech Ltd expressed its inability before the Supreme Court to refund money to the home buyers over its two delayed housing projects in Noida and Gurgaon.
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Pay Compensation To Flat Buyers Or Face Jail: Top Court To Unitech
The Supreme Court on Friday directed real estate major Unitech Ltd to deposit an amount of Rs 5 crore in its Registry for failing to hand over apartments in Noida area in the national capital region to consumers which was to be given three years ago.
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Freebies, Inventories Weigh on Property Developers in 2014
Buy a flat and get one free. Yes, that's what Noida-based realty firm Supertech is promising to buyers of apartments in one of its projects. Cars, LCD TVs and foreign trips have been the more common freebies doled out by developers to attract buyers in bad times.
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"Can't Make Buyers Wait Indefinitely": Unitech Ordered To Pay 33 Lakhs
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.
-
Construct 514 Unitech Flats From Auctioned Property Funds: Supreme Court
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.
-
Unitech Ltd Asked To Refund Buyer After Failing To Deliver Flat On Time
The proposed Rs 91 lakh apartment was booked in 2011 with an agreement to handover possession within three years.
-
'Tears Of Home Buyers': No Bail For Unitech's Sanjay Chandra
The Supreme Court also warned Mr Chandra that that it will appoint court receiver and auction projects, if buyers don't get flats or refund.
-
After Refund, Unitech Flat Buyers In Gurgaon Project Get Compensation
Unitech flat buyers had sought a compensation of Rs 1 lakh towards mental agony and litigation cost.
-
Flats Or Refund, Says Supreme Court As Unitech Promoters Denied Interim Bail
The top court refused to grant interim bail to jailed Unitech promoters Sanjay Chandra and Ajay Chandra till September 15 in a case of alleged forgery lodged by home buyers of its Gurugram-based housing project.
-
Will Sell My Own House, Unitech Boss Sanjay Chandra Tells Supreme Court
The court sought the details as Unitech Managing Director Sanjay Chandra sought an interim bail for three months and assured the court that he would sell his house to settle the dues of the flat buyers seeking refund of their money.
-
Top Court Stays Delhi High Court Order On Unitech's Meet With Home Buyers
Investors have told the court that they had paid money to the firm on time and the company was scheduled to hand over the possession of flats in 2012, but has not done so.
-
Patience On 'Burial Pyre', Home Buyers Narrates Ordeal To Supreme Court
With their patience on "burial pyre" home buyers who suffered due to inordinate delay in getting their flats from reality firm Unitech Ltd, narrated their ordeal and anguish before the Supreme Court which directed the builder to refund their money.
-
Unitech Ordered By Supreme Court To Pay Rs. 2 Crore More To Refund Flat Buyers
The Rs 17 crore will cover the buyers for the principal amount they gave Unitech for the flats in its Vistas project in Gurgaon.
-
High Court Allows Unitech To Open Special Accounts For Finishing Projects
The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in them solely for these projects.
-
Supreme Court Warns Unitech's Bosses Of Contempt, If Terms Not Honoured
The Supreme Court on Thursday warned the Chairman and directors of reality major Unitech Hi-tech Developers Ltd that they will be liable for contempt if the terms of settlement they have entered into with three home buyers, who are yet to get their flats, were not honoured.
-
Don't Have Money To Refund Home Buyers: Unitech To Supreme Court
Beleaguered real estate firm Unitech Ltd expressed its inability before the Supreme Court to refund money to the home buyers over its two delayed housing projects in Noida and Gurgaon.
-
Pay Compensation To Flat Buyers Or Face Jail: Top Court To Unitech
The Supreme Court on Friday directed real estate major Unitech Ltd to deposit an amount of Rs 5 crore in its Registry for failing to hand over apartments in Noida area in the national capital region to consumers which was to be given three years ago.
-
Freebies, Inventories Weigh on Property Developers in 2014
Buy a flat and get one free. Yes, that's what Noida-based realty firm Supertech is promising to buyers of apartments in one of its projects. Cars, LCD TVs and foreign trips have been the more common freebies doled out by developers to attract buyers in bad times.
