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Unitech compromise scheme: SC stays all upcoming meetings of homebuyers

Unitech compromise scheme: SC stays all upcoming meetings of homebuyers

The Supreme Court on Friday stayed all the upcoming meetings of homebuyers of Unitech Ltd for giving their approval or disapproval to a proposed compromise scheme forwarded by the company to enable it to complete pending projects.

 

Real estate shares plunge 20% in early trade

Real estate shares plunge 20% in early trade

Realty stocks plunged up to 20 percent in early trade on Wednesday with scrips of Unitech and DLF taking a major hit following the government's measures to clamp down on the black money menace.

 

 

Major relief to home buyers! SC orders to disburse Rs 15 crore deposited by Unitech to investors

Major relief to home buyers! SC orders to disburse Rs 15 crore deposited by Unitech to investors

The apex court directed to refund the money to 38 buyers as buyers refuse to rely on the assurance of possession by 2017 and has directed Unitech to deposit Rs. two crore more in registry in the next four weeks.

Unitech Q1 net loss narrows to Rs 43 cr

Unitech Q1 net loss narrows to Rs 43 cr

Realty firm Unitech's consolidated net loss narrowed to Rs 43.18 crore for the first quarter ended June 30, on account of higher sales.

SC pulls up Unitech for delaying completion of residential project Burgundy

SC pulls up Unitech for delaying completion of residential project Burgundy

Unitech, had been asked to deposit Rs 5 crore by August 5, 2016, for delaying the completion of a high-end residential project Burgundy.

SC tells Unitech to refund Rs 15 crore to investors in Gurugram project

SC tells Unitech to refund Rs 15 crore to investors in Gurugram project

The court has also asked Unitech to pay Rs 5 crore in 2 weeks and the remaining balance by end of September.

Unitech tanks 20% as company says don't have money to refund

Shares of Unitech on Tuesday slumped 20 percent after the beleaguered real estate firm expressed its inability before the Supreme Court to refund money to the home buyers over its two delayed projects in Noida and Gurgaon.

Unitech affirms for incapability towards building two if its projects in Noida and Gurugram

Unitech affirms for incapability towards building two if its projects in Noida and Gurugram. Watch complete news story of Antim Bazi for getting detailed updates!

Don't have money to refund to home buyers: Unitech to Supreme Court

Don't have money to refund to home buyers: Unitech to Supreme Court

Beleaguered real estate firm Unitech Ltd today expressed its inability before the Supreme Court to refund money to the home buyers over its two delayed housing projects in Noida and Gurgaon.

Supreme Court directs Unitech to refund home buyers of Noida project, housing firm expresses inability

Supreme Court directs Unitech to refund home buyers of Noida project, housing firm expresses inability

The Supreme Court on Friday directed housing major Unitech to refund home buyers money over delay in housing project in Noida.

Unitech promoter firm stake down 2.17% on invocation of shares

Unitech promoter firm Mayfair Capital's shareholding has come down by 2.17 per cent with lenders invoking 5.67 crore pledged shares.

SC asks Unitech to pay compensation to Noida flat buyers by August 12 or face jail

SC asks Unitech to pay compensation to Noida flat buyers by August 12 or face jail

The Supreme Court has asked the senior management of real estate company Unitech to pay interim compensation of around Rs 5 crore to Noida flat buyers by August 12. The country's top court has also warned the company Directors that failing to do so, they may face imprisonment.

Court orders proceedings against Unitech, its top bosses

The flat was to be handed over by April 2008 but the company failed to abide by its agreement.

Unitech in debt of 2500 crore to Noida Authority

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Unitech plans to raise Rs 500 cr from PE firms

Realty firm Unitech is looking to raise about Rs 500 crore from private equity firms for the development of housing project in Noida and repay LIC's debt.

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.