Tag Archives: Unitech
Supreme Court Orders Unitech To Refund 17 Crores To Its Customers
DELHI: In yet another example of its crackdown on developers who delay projects, the Supreme Court has ordered real-estate developer Unitech to refund money to 39 homebuyers who had invested in the company’s Gurgaon housing project. The court ordered Unitech to refund Rs 17 Crores to the homebuyers. The company had already deposited Rs 15
Unitech To Open Escrow Accounts To Complete Stalled Projects
The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in it solely for these projects. The order came last week after various home buyers and the
