DNA: Analysis on how fraud builders are duping their customers

High court had sent the owners of Unitech Builders to jail when the court learnt that the builders are duping their customers. Watch this video to know the full story.

Panel discussion on how residents are being duped by fraud builders

Real estate major Unitech Ltd top bosses, facing charges of alleged cheating, have walked out of Tihar Jail after spending a night in prison. But the message is clear for both developers and buyers –no more false promises!

Panel discussion on how residents are being duped by fraud builders- Part II

Real estate major Unitech Ltd top bosses, facing charges of alleged cheating, have walked out of Tihar Jail after spending a night in prison. But the message is clear for both developers and buyers –no more false promises!

Panel discussion on how residents are being duped by fraud builders- Part III

Real estate major Unitech Ltd top bosses, facing charges of alleged cheating, have walked out of Tihar Jail after spending a night in prison. But the message is clear for both developers and buyers –no more false promises!

Unitech says committed to deliver ongoing projects
Unitech says committed to deliver ongoing projects

With the company's top executives facing charges of alleged cheating, realty firm Unitech on Wednesday said it is committed to deliver the ongoing projects and has raised sufficient resources to complete them.

 

Know why Unitech top bosses were sent to Tihar jail
Know why Unitech top bosses were sent to Tihar jail

The complaint case was filed by chartered accountant Sanjay Kalra and his business partner Devesh Wadhwa - who had booked a property in Habitat Apartments in Greater Noida developed by Unitech.

Case against Unitech jolts other builders

The case against Unitech has jolted the other builders to speed up the construction of residential property and has given hopes to the home buyers.

Will the Unitech case give positive signals to home buyers?
Will the Unitech case give positive signals to home buyers?

Market analysts have said that the court has set a precedent and added comfort to home buyers and real estate developers.

Unitech top bosses walk out of jail after spending a night
Unitech top bosses walk out of jail after spending a night

Real estate major Unitech Ltd top bosses, facing charges of alleged cheating, Tuesday walked out of Tihar Jail here after spending a night in prison despite succeeding to get an interim bail yesterday.

Unitech top bosses get interim bail in cheating case
Unitech top bosses get interim bail in cheating case

Hours after top Unitech officials were sent to 14-day judicial custody Monday, they succeeded in securing interim bail from a Delhi court in alleged cases of cheating filed by two investors.

Unitech top bosses sent to 14-day judicial custody, move fresh bail plea
Unitech top bosses sent to 14-day judicial custody, move fresh bail plea

The company's Chairman Ramesh Chandra, MDs Sanjay Chandra and Ajay Chandra and Group's Director Minoti Bahri were sent to judicial custody till January 25 by Additional Chief Metropolitan Magistrate Gaurav Rao in connection with the two complaints.

Cheating case: Unitech chairman, 2 others sent to jail for 14 days
Cheating case: Unitech chairman, 2 others sent to jail for 14 days

A Delhi court on Monday sent Unitech Ltd Chairman Ramesh Chandra, MDs Sanjay & Ajay Chandra & Director Minoti Bahri to 14-day judicial custody in cheating case.

 

Unitech achieves Rs 524 cr sales booking in April-September

Realty firm Unitech's sales bookings remained flat at Rs 524 crore in the first six months of this financial year due to demand slowdwon in the property market.

Unitech leases office space to Google, to get Rs 600 cr rental

The leasing has been done at Rs 120-130 per square feet, sources said, adding that the deal would lead to rental revenue of around Rs 600 crore over the 9-year lease period.

Unitech partners Snapdeal to sell plots in Chennai

Realty firm Unitech Friday said it has joined hands with e-commerce major Snapdeal to sell plots in its 240-acre township at Chennai.

Promoters' stake in Unitech down by 12.93% as on June 30

The shareholding of promoters in realty firm Unitech has come down sharply by nearly 13 percent to 32.61 percent as on June 30.

Unitech raises Rs 70 cr from Piramal group for Chennai project

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.

Unitech plunges nearly 8% on bourses

Shares of Unitech plunged nearly 8 percent Tuesday amid reports that the National Consumer Disputes Redressal Commission (NCDRC) has asked the realty major to compensate buyers for delay in delivery of flats in Gurgaon, Haryana.

Unitech makes a comeback, stock up 10%

Shares of Unitech on Thursday staged a strong comeback, surging nearly 10 percent, after the realty firm blamed certain sections of the market for spreading "false and misleading" rumours about the company defaulting on its debt repayment that resulted in severe slump yesterday.

Realty stocks crash, Unitech plummets 35%

Led by a free-fall in Unitech, realty stocks witnessed massive selling pressure Wednesday, falling by up to 35 per cent on mounting debt worries amid indications that deficient monsoon may prevent future rate cuts by RBI.