The Gurgaon-based developer has sold acres in Hyderabad, Chennai and Gurgaon
Unitech had posted a net loss of Rs 483.54 crore in the year-ago period
SC directed Unitech to pay 14% interest to 39 buyers at its Vistas project in Gurugram
It refused to grant more time to Unitech Residential Resorts
A court on Monday extended by 3 days the police custody of Sanjay Chandra in an alleged fraud case
On Monday, promoters Ajay Chandra and Sanjay Chandra got bail extension by 3 more days
Chandra is accused of duping buyers who had booked flats in his real-estate project in Greater Noida
Ajay and Sanjay Chandra arrested for not developing a project in Gurugram
The accused were arrested for not developing a project, Anthea Floors, at Gurugram
They are accused of swindling Rs 35 cr from those who booked flats at Greater Noida project
Chandra is accused of duping buyers who had booked flats in his real-estate project in Greater Noida
The interest would be calculated from Jan 1, 2010 till Unitech deposited the principal amount
Unitech argued that the delay was due to agitation by farmers and shortage of labour
The consumer forum had asked Unitech to refund the money to the home buyers with interest
Funds to be used for incomplete projects though SC stayed meetings with homebuyers
Funds to be used for incomplete projects though SC stayed meetings with homebuyers
InGovern tells stuck home buyers to vote against proposed scheme, says too loaded in favour of realty major
Justice Mukta Gupta grants the Unitech chairman Ramesh Chandra and managing directors Ajay Chandra and Sanjay Chandra relief from arrest
The company has already deposited Rs 15 crore with the court's registry following a similar order in August
Compensation for failure to deliver the possession of flats would be considered in the second week of January next year