SC Wednesday fixed deadlines for states in which real estate firm Unitech has its housing projects, to accord necessary clearances to commence construction of flats in these jurisdictions.
Uniworld Chennai Owners Association has written that ‘in current situation, every step in building proceedings requires SC nod, which has further prolonged timeline for homebuyers’.
Homebuyers from both projects moved SC over delays around the same time, in 2016-2017. While Amrapali's buyers have been delivered homes, Unitech's buyers still await flats or refunds.
A Delhi Police probe has revealed erstwhile Unitech promoters Sanjay and Ajay Chandra made thousands of personal calls to their employees and relatives from Tihar jail.
12 years after last booking was made, just 3 out of 20 residential towers at Parsvnath Privilege stand completed. The firm has been silent on 832 unfinished flats.
Anxiety stalks buyers as several projects undertaken by real estate giants such as Amrapali Group & Jaypee remain incomplete a decade past their deadline.
The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.
The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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