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    Unitech

    Unitech

    Unitech Limited is India's second largest real estate investment company, and has recently claimed to be the largest real estate builder in the country.

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    Govt contests Unitech's 'assets larger than liability' claim
    National

    Govt contests Unitech's 'assets larger than liability' claim

    The Unitech management on Monday informed the Supreme Court that its assets were greater than the liability and no fund infusion by the central government was needed to complete the stalled housing projects.

    SC accepts govt proposal for new board to take over Unitech
    National

    SC accepts govt proposal for new board to take over Unitech

    The Supreme Court on Monday accepted Centre's proposal recommending a seven-member board to take over the management of real estate company Unitech.

    Unitech says assets greater than liability; Centre doubts
    National

    Unitech says assets greater than liability; Centre doubts

    The Unitech management on Monday told the Supreme Court that its assets are greater than the liability, and that there is no requirement to infuse more funds by the Union government to complete its stalled housing projects.

    Stalled projects: Centre's stand differs on Amrapali, Unitech
    National

    Stalled projects: Centre's stand differs on Amrapali, Unitech

    Amrapali Group and Unitech, both are mirror images of a housing mess, which has left close to 50,000 homebuyers in the lurch. The Centre is striving to devise a resolution, which it can consistently implement in sorting the mess in Delhi-NCR. Both real estate groups are under litigation in the Supreme Court.

    Unitech homebuyers stress restart of construction
    National

    Unitech homebuyers stress restart of construction

    A majority of Unitech homebuyers reckon that the resolution of the housing mess need seed money to start construction of stalled projects, and mere the Centre taking over the management of the embattled real estate giant would not serve as a solution.

    In NCR housing mess, relief for some, long wait for others (Lead revising headline)
    National

    In NCR housing mess, relief for some, long wait for others (Lead revising headline)

    More than 75,000 homebuyers of Amrapali Group, Jaypee Infratech and Unitech in the national capital region (NCR) are awaiting their dream houses, as the Supreme Court is seized with cases related to stalled projects by these realty giants.

    Over 75,000 homebuyers still await their dream houses
    National

    Over 75,000 homebuyers still await their dream houses

    More than 75,000 homebuyers of Amrapali Group, Jaypee Infratech and Unitech in the national capital region (NCR) are awaiting their dream houses, as the Supreme Court is seized with cases related to stalled projects by these realty giants.

    Stress-fund for realty to exclude major NCR projects
    Business

    Stress-fund for realty to exclude major NCR projects

    Although Finance Minister Nirmala Sitharaman's announcement of Rs 25,000 crore fund for stalled projects brought relief to the real estate players and distressed home buyers, a section of home buyers rue their exclusion from the special aid.

    Nearly 1 lakh homebuyers in legal quagmire to get their flats
    National

    Nearly 1 lakh homebuyers in legal quagmire to get their flats

    Nearly 1 lakh homebuyers find themselves in a legal quagmire as the flats they booked years back in Delhi NCR are nowhere near completion by the three prominent builders - Amrapali, Unitech and Jaypee.

    Tough task awaits NBCC in its role as home buyers' saviour
    National

    Tough task awaits NBCC in its role as home buyers' saviour

    State-run construction major NBCC has off late been seen as the last resort to complete few of the mega housing projects in the National Capital Region (NCR) which have been stalled for the past several years. But turning the high hopes of the distressed home buyers into reality could be a tough task for the "Navratna" company.

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