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UNITECH HOME BUYERS
Relief for home buyers, SC grants exemption to Unitech housing projects from RERA registrationThe Supreme Court granted exemption from RERA registration for Unitech Ltd’s housing projects in seven states, facilitating loan disburseme...- Supreme Court asks Unitech board to upload on its website timeline for completion of stalled projectsA bench of Justices DY Chandrachud and MR Shah said that the funds receivable from the home buyers or unsold inventories shall be used only...
- Procedural delays, lack of consensus hinder delivery of ‘stuck homes’ despite resolutionIn bigger cases, like Unitech’s, there has been little progress in completion of projects. In Amrapali case, NBCC could not achieve much in...
- HC extends interim bail of Unitech promoter Sanjay Chandra on medical groundsChandra was lodged in jail under judicial custody since August 2017 for allegedly siphoning off home buyers' money. Senior advocate Mohit M...
- NCDRC directs Unitech to refund over Rs 53 lakh to 2 home buyersThe Agarwals had booked a residential apartment with Unitech Reliable Projects Limited in a project namely 'Capella' in Uniworld City, whic...
- Irked over non-cooperation in forensic audit by Unitech, SC withdraws facilities of promotersThe top court said the Chandra brothers should be treated like ordinary prisoners as per the prison manual of Tihar jail here where they ha...
- Supreme Court orders forensic audit of real estate firm Unitech LtdA bench headed by Justice D Y Chandrachud asked accounting firm Grant Thornton to carry out the forensic audit of Unitech Ltd and all its s...
- SC orders disbursal of Rs 67 crore to Unitech’s Uni Homes buyersAn amount of Rs 67 crore will be distributed on pro-rata basis to 352 home buyers of the Uni Homes project by Unitech in Noida.
- NCDRC asks Unitech to refund Rs 29 lakh to home buyerThe proposed Rs 91 lakh apartment was booked in March 2011 with an agreement to handover the possession within three years, in 2014.
- Supreme Court stalls government's move to take over UnitechThe top court had said earlier that the company law tribunal should have taken its leave before allowing the Centre to take over the manage...
- Supreme Court asks Unitech to deposit Rs 750 crore by December endThe top court also asked different forums to refrain from taking any coercive step against Chandra on any complaint that may be filed by th...
- SC asks Unitech to deposit Rs 1,000 crore for considering Chandra’s bail plea"Rs 130 crore you have deposited so far. Now at least Rs 1,000 crore should be deposited," the SC bench told Unitech MD Sanjay Chandra.
- Want flat or refund? Unitech buyers asked to chooseThe apex court also refused to grant interim bail to Unitech MD and promoter Sanjay Chandra. The court was informed that Unitech had yet to...
- Create portal for Unitech home buyer refunds: Supreme CourtThe need for a website arose as there are around 17,000 investors and it was very difficult to collect details of all the home buyers.
- Defaulters can't seek enforcement of fundamental rights: Supreme CourtThe apex court had directed Unitech to deposit 14 per cent interest on Rs 16.55 crore invested by 39 home buyers at its project in Gurugram...
- Give list of cases pending before consumer forum: SC to UnitechA bench headed by Justice Dipak Misra also asked the firm to give a list of persons who have got orders in their favour in the disputes bef...
- SC directs Unitech to pay 14% interest to Vistas home buyersThe court said the interest will be applicable from January 1, 2010, and will be in addition to the Rs 16.55 crore that the company was ord...
- DTCP asks Unitech to submit revival plan for Gurgaon's Vistas projectThe DTCP's directions came following a meeting of homebuyers with Unitech officials at the project site in Sector 70 on Monday.
- 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 case jolts builders, gives hope to home buyersThe sharp slowdown in the realty sector has piled misery on home buyers across the country and within NCR. By some estimates, handover of 3...
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