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  • 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.

  • Supreme Court approves takeover of Unitech's management by Centre Jan 20, 2020 04:53 PM IST

    Supreme Court approves takeover of Unitech's management by Centre

    The bench headed by Justice DY Chandrachud gave two months’ time to the new eight-member board to prepare the resolution framework for completing the pending projects and place the report before the Supreme Court.

  • Unitech locked in upper circuit even as firm clears the air on ED notice Jan 17, 2020 02:04 PM IST

    Unitech locked in upper circuit even as firm clears the air on ED notice

    There were pending buy orders of 1,567,485 shares, with no sellers available, as per BSE data

  • Relief for homebuyers: MCA proposes to take over management of Unitech Jan 15, 2020 08:01 PM IST

    Relief for homebuyers: MCA proposes to take over management of Unitech

    "The government has submitted a note in compliance with the court's proposal mentioned in the order dated 18.12.2019 whereby they will be appointing the managing director and the directors," said awanshree Agarwal, amicus curiae in the Unitech case.

  • Consumer commission asks Unitech to refund Rs 64.5 lakh with interest to home buyer Nov 26, 2019 11:15 AM IST

    Consumer commission asks Unitech to refund Rs 64.5 lakh with interest to home buyer

    The NCDRC has directed the real estate giant to pay compensation at the rate of 10 percent on the principal amount paid by home buyer Pradeep Kumar, from the date of payment till the day refund is given.

  • Unitech loses property in Noida over Rs 1,203 cr dues Oct 30, 2019 09:08 PM IST

    Unitech loses property in Noida over Rs 1,203 cr dues

    The property concerned is located in Sector 113 where the real estate group had also come up with 17 towers without getting the map cleared by the authority, in violation of the Noida Building Regulation, 2010, it said.

  • NCDRC directs Unitech to hand over possession of flats, give compensation to 33 home buyers Sep 06, 2019 03:06 PM IST

    NCDRC directs Unitech to hand over possession of flats, give compensation to 33 home buyers

    The panel also directed Unitech to pay Rs 50,000 as litigation cost to the complainants.

  • Buyers can't be made to wait indefinitely, says Delhi consumer forum; asks Unitech to refund Rs 33L Aug 19, 2019 07:45 PM IST

    Buyers can't be made to wait indefinitely, says Delhi consumer forum; asks Unitech to refund Rs 33L

    The cases in which he would be grilled pertain to losses suffered by Air India due to an alleged multi-crore aviation scam and irregularities in fixing air slots for international airlines.

  • Reality check: Does NBCC have the funds to complete stuck real estate projects? Aug 01, 2019 05:59 PM IST

    Reality check: Does NBCC have the funds to complete stuck real estate projects?

    Will outstanding amount collected from homebuyers be enough to kickstart construction of stuck projects in Delhi-NCR? 

  • Will NBCC rescue homebuyers stuck in private projects? Jul 31, 2019 06:01 PM IST

    Will NBCC rescue homebuyers stuck in private projects?

    For homebuyers, NBCC comes with a sense of sovereign guarantee but there are concerns that completing more than one lakh housing units will be a tall order 

  • With NBCC ready to complete unfinished Unitech projects, here's what its proposal says Jul 29, 2019 09:54 PM IST

    With NBCC ready to complete unfinished Unitech projects, here's what its proposal says

    NBCC will not undertake any construction work, but will appoint agencies as per the requirements for completing unfinished Unitech projects.

  • Reporter's Take | Unitech projects may be completed by NBCC Jul 26, 2019 03:01 PM IST

    Reporter's Take | Unitech projects may be completed by NBCC

    In this episode of Reporter's Take, Sakshi Batra talks with Vandana Ramnani about NBCC taking over Unitech's projects.

  • NBCC may take over stuck projects of Unitech Group as a project management consultant: sources Jul 26, 2019 12:15 PM IST

    NBCC may take over stuck projects of Unitech Group as a project management consultant: sources

    Centre likely to submit proposal before the Supreme Court on July 29, the day the apex court is expected to hear the Unitech matter

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