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UNITECH BUILDERS
Government takeover of Unitech: NCLT should have taken our leave, says SCSanjay Chandra, head of the real estate group, was asked on October 30 by the apex court to deposit Rs 750 crore with it by December end fo...
Noida vows 10,700 flats by December after Greater Noida’s 17,000The authority has arrived at the figure after holding open house meetings with builders of 32 projects.
SC orders payment of Rs 15.6 crore interest to 39 Unitech Vistas home buyersThe Supreme Court last month had warned Unitech of attaching its property if the company fails to deposit the interest amount.
Noida Authority asks Unitech to submit details of homes in sector 117Noida Authority has asked the Unitech to provide the tower wise completion schedule which were promised for delivery by 2012.
Unitech Vistas case: SC allows disbursement of Rs 2 crore to 39 home buyersThe apex court on September 19 last year had ordered Unitech to refund Rs 17 crore to 39 homebuyers of its Gurgaon project Vistas for delay...
Builders find giving refund on delays tough, look to finish pending projectsThe push and prod by courts is finally goading builders to find a way to complete their projects, one brick at a time.
High Court, Consumer court cases galore against Unitech Ltd.It started with NCDRC giving a few orders in favour of homebuyers, asking Unitech to compensate buyers at 12 per cent per annum for delay i...
Unitech asked to set up escrow accounts to complete projects, safeguard home buyersThe Delhi High Court had admitted the first motion of an application filed by home buyers in the matter of Scheme of Compromise and Arrange...
Unitech reaches settlement with Noida home buyers, offers them alternate plotsGurgaon-based realty firm Unitech has agreed to strike a settlement with three home buyers in its high-end residential project Burgundy on ...
Supreme Court orders Unitech to refund Rs 15 crore to Gurgaon housing project investorsIn a statement, Unitech said the Supreme Court has agreed to hear Unitech’s Appeals challenging the NCDRC order awarding interest as a comp...
Breach of promises: Home buyers take legal route against builder frauds, delaysHome buyers are increasingly becoming aware of their rights and are approaching different grievance forums to file complaints and criminal ...
- NCDRC orders Unitech to pay compensation for delivery delay; likely to set precedent for others
More than half of the real estate projects across the country are delayed by over 12 months, of which about 25% are delayed by over 36 mont...
Unitech to sell 17.5-acre Noida plot to Gulshan Homz for Rs 400 croreUnitech had recently sold its 40% stake in four of the six assets of Unitech Corporate Parks to Canadian firm Brookfield Asset Management.
Homebuyers vs Unitech: Angry customers offer to work as labourers to speed up constructionHomebuyers have been short-changed by builders for many years, and delaying projects and changing building plans are still rampant.
Unitech Ltd did not sell its shares to Telenor: 2G witnessAjay Chandra told the court that percentage equity of Telenor Asia (P) Limited was 67.25 per cent while that of Unitech, through its affili...
- Citi puts buy on Unitech
Foreign brokerage Citi has assigned a ‘Buy’ rating on real estate builder Unitech with a target price of Rs 38 per share.
- Sanjay Chandra was director of alleged Unitech group firms, says witness
Unitech Ltd MD Sanjay Chandra, an accused in the 2G spectrum case, was a director in some of the alleged Unitech group firms, a RoC officia...