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Wednesday, April 8, 2026
TopicUnitech

Topic: Unitech

Days after homebuyers’ letter to CJI, SC directs states to grant clearances to Unitech projects

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.

In ‘mental agony’, Unitech homebuyers write to CJI, request quick proceedings in pending projects case

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’.

Amrapali vs Unitech, how differing approaches of 2 SC benches have affected delayed housing projects

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.

Landline phone, outside food, business deals: How Unitech Chandras spent last year in Tihar

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.

SC orders probe after ED says Unitech ex-promoters were operating from inside Tihar

The court also directed that the Chandras be shifted from Tihar to Mumbai’s Arthur Road jail and Taloja jail.

How builders like Parsvnath sold ‘affordable’ homes dream and turned it into a nightmare

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.

India’s top 7 cities have become graveyards of lakhs of houses worth Rs 4.5 lakh cr

Anxiety stalks buyers as several projects undertaken by real estate giants such as Amrapali Group & Jaypee remain incomplete a decade past their deadline.

India’s banking liquidity crunch is extending to home developers

This could derail a nascent recovery in the property sector.

On Camera

Rahul Gandhi wants to jail Himanta Sarma but Congress has a Bihar-sized problem in Assam

The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'

Stocks fall, oil prices climb as Trump issues fresh threat to Iran ahead of his deadline

Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.