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  • Unitech founder Ramesh Chandra granted medical bail by Delhi High Court Jul 31, 2022 11:30 AM IST

    Unitech founder Ramesh Chandra granted medical bail by Delhi High Court

    Ramesh Chandra, the founder of the real estate giant Unitech,has been granted an eight-week medical release by the Delhi High Court.

  • ED attaches assets worth Rs 257 crore in Unitech case Jun 23, 2022 10:53 PM IST

    ED attaches assets worth Rs 257 crore in Unitech case

    "Misappropriated" funds of homebuyers were used by the promoter brothers of realty group Unitech to "bribe" Tihar jail officials during their confinement there, the ED said on Thursday as it attached assets worth Rs 257 crore in a money-laundering case against them.

  • SC seeks ED's reply on steps taken to bring back Unitech's home buyer's money stashed in Cyprus Apr 20, 2022 11:00 PM IST

    SC seeks ED's reply on steps taken to bring back Unitech's home buyer's money stashed in Cyprus

    The top court also appointed former Supreme Court Judge AM Sapre to look into the policy and finalization of standard operating procedure for monetization of project land assets and non-project land assets of Unitech.

  • SC directs ED to file reply on plea of ex-Unitech promoter Sanjay Chandra's wife seeking bail Mar 23, 2022 10:26 PM IST

    SC directs ED to file reply on plea of ex-Unitech promoter Sanjay Chandra's wife seeking bail

    The ED had recently filed a fresh charge sheet before a court here in connection with its money laundering probe against realty group Unitech, its promoter brothers Sanjay Chandra and Ajay Chandra and others.

  • SC allows ED to rely on forensic auditors' report for charge sheet against Unitech ex-promoters Feb 10, 2022 04:30 PM IST

    SC allows ED to rely on forensic auditors' report for charge sheet against Unitech ex-promoters

    A bench of Justices D Y Chandrachud and M R Shah gave permission to the ED to rely on the Grant Thornton report with the probe agency saying it will make the case stronger against the Chandras.

  • ED glare on Preeti Chandra for hiding details of cash deals, company associations: Report Nov 25, 2021 01:17 PM IST

    ED glare on Preeti Chandra for hiding details of cash deals, company associations: Report

    Sources said the wife of jailed Unitech promoter Sanjay Chandra hid details such as transfer of funds into her personal accounts and her directorship with a number of companies.

  • SC allows new board of Unitech to appoint PMCs for completion of stalled projects Oct 29, 2021 11:25 AM IST

    SC allows new board of Unitech to appoint PMCs for completion of stalled projects

    A bench of Justices DY Chandrachud and M R Shah said that the new board of management can proceed ahead with the appointment of PMCs for completion of the stalled projects.

  • 32 Tihar prison officials found to be complicit with Unitech's jailed ex-promoters: Police Oct 13, 2021 11:04 AM IST

    32 Tihar prison officials found to be complicit with Unitech's jailed ex-promoters: Police

    New Delhi, Oct 12 The Delhi Police Crime Branch on Tuesday registered a case after 32 officials of Tihar Jail number 7 were found to be complicit wi..

  • Delhi court sends Unitech promoter Sanjay Chandra's wife, father to ED custody Oct 06, 2021 08:26 AM IST

    Delhi court sends Unitech promoter Sanjay Chandra's wife, father to ED custody

    Additional Sessions Judge Dharmender Rana sent Preeti Chandra to ED's custody till October 9, Ramesh Chandra to October 8, and Rajesh Malik till October 11.

  • ED arrests Unitech promoter’s wife, father in money laundering case Oct 04, 2021 07:50 PM IST

    ED arrests Unitech promoter’s wife, father in money laundering case

    The Enforcement Directorate had informed a local court back in April 2021 that Preeti Chandra was “involved in laundering and layering of funds deposited by home buyers” with Unitech.

  • SC orders transfer of former Unitech directors from Tihar jail to separate jails in Mumbai for colluding with jail authorities Aug 26, 2021 03:55 PM IST

    SC orders transfer of former Unitech directors from Tihar jail to separate jails in Mumbai for colluding with jail authorities

    The apex court also directed Delhi Police Commissioner to conduct a probe into the matter and submit a report in four weeks

  • Unitech case: Homebuyers who opted for refund be given one last chance to reconsider decision, says SC Aug 17, 2021 10:04 PM IST

    Unitech case: Homebuyers who opted for refund be given one last chance to reconsider decision, says SC

    The court has directed the new management of Unitech Ltd to prioritise the category of homebuyers seeking refunds based on their age, health, distress and the status of the project in which they have booked the units.

  • ED attaches dozen properties worth Rs 150 crore belonging to Unitech promoters in money laundering case Mar 30, 2021 07:42 PM IST

    ED attaches dozen properties worth Rs 150 crore belonging to Unitech promoters in money laundering case

    The investigating agency has attached 12 land pieces worth Rs 152.48 crore having a total area of 48.56 acres situated in Gurgaon, Haryana owned by the Chandra family of Unitech Group through proxy/benami entities companies.

  • Enforcement Directorate conducts searches on real estate player Shivalik Group Mar 05, 2021 09:41 AM IST

    Enforcement Directorate conducts searches on real estate player Shivalik Group

    An Enforcement Directorate team from Delhi searched more than a dozen places on March 4.

  • CBI registers case against Unitech MD Sanjay Chandra in Canara bank fraud; carries out searches Dec 07, 2020 11:06 AM IST

    CBI registers case against Unitech MD Sanjay Chandra in Canara bank fraud; carries out searches

    The CBI after registering the fresh case against Chandra carried out searches at multiple locations at the premises of the accused.

  • Delhi HC refuses blanket order on plea by Unitech MD to allow physical presence for mediation Oct 26, 2020 09:20 PM IST

    Delhi HC refuses blanket order on plea by Unitech MD to allow physical presence for mediation

    Chandra sought permission to be produced physically before the mediation centre at Patiala House Courts Complex here.

  • Better late than never: Unitech customers finally have reasons to dream about their homes Aug 01, 2020 09:55 AM IST

    Better late than never: Unitech customers finally have reasons to dream about their homes

    Customers of the beleaguered real estate company could receive possession of their delayed homes within four years under a government proposed resolution plan

  • Unitech board to complete stuck real estate projects in 4 years: sources Jul 20, 2020 01:49 PM IST

    Unitech board to complete stuck real estate projects in 4 years: sources

    A graded timeline for completion of units has been proposed. All 15,000 units would be completed within four years

  • SC grants one-month bail to Unitech promoter Sanjay Chandra on humanitarian grounds Jul 07, 2020 01:27 PM IST

    SC grants one-month bail to Unitech promoter Sanjay Chandra on humanitarian grounds

    Supreme Court granted the bail as Sanjay Chandra’s parents have tested positive for COVID-19.

  • COVID-19 impact: After builders, homebuyers offer unfinished apartments to be used as quarantine facilities Jun 22, 2020 01:39 PM IST

    COVID-19 impact: After builders, homebuyers offer unfinished apartments to be used as quarantine facilities

    Not having an occupation certificate may prove to be a challenge, say real estate experts.

  • No daily access to lawyers for jailed Unitech directors, says Delhi HC Jun 10, 2020 09:24 PM IST

    No daily access to lawyers for jailed Unitech directors, says Delhi HC

    Justice Vibhu Bakhru said they would be allowed to interact with their lawyers via video conferencing only twice a week for 30 minutes each as is permitted for all other inmates.

  • Jailed Unitech directors seek daily access to lawyers via video conferencing, Delhi HC asks for Tihar Jail's response Jun 03, 2020 04:15 PM IST

    Jailed Unitech directors seek daily access to lawyers via video conferencing, Delhi HC asks for Tihar Jail's response

    Justice Vibhu Bakhru issued notice to the Tihar Jail authorities and sought their stand on Chandras' plea before the next date of hearing on June 9.

  • Unitech board working on resolution plan but coronavirus outbreak a stumbling block: Hiranandani Mar 26, 2020 09:03 PM IST

    Unitech board working on resolution plan but coronavirus outbreak a stumbling block: Hiranandani

    On January 20, the apex court allowed the Centre to take total management control of the embattled realty firm and appoint a new board of nominee directors.

  • NBCC: the government’s newest milch cow Mar 05, 2020 09:28 AM IST

    NBCC: the government’s newest milch cow

    The market reacted negatively to the news of NBCC getting the Jaypee Infratech project, taking the stock to Rs 26, a level it had last seen in August 2014

  • Reporter’s Take | Road ahead for Unitech as govt takes over management Jan 21, 2020 08:52 PM IST

    Reporter’s Take | Road ahead for Unitech as govt takes over management

    Sakshi Batra gets in conversation with Vandana Ramnani to find out what’s the road ahead for Unitech.

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