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On November 18, 2016 22:16 (IST)
With Unitech defaulting on loan repayment, housing finance major HDFC said it has sold the realty firm's outstanding loan of Rs 869 crore to JM Financial Asset Reconstruction Company (JMFARC).
On November 18, 2016 20:28 (IST)
The bench also issued notice to the company saying that "there is suspicion that it is trying to subvert the order of this court".
On November 09, 2016 10:18 (IST)
Realty stocks plunged up to 20 per cent in early trade today with scrips of Unitech and DLF taking a major hit following the government's measures to clamp down on the black money menace.
On October 24, 2016 21:24 (IST)
Justice Mukta Gupta granted the relief to Unitech Ltd's chairman Ramesh Chandra, and managing directors Ajay Chandra and Sanjay Chandra after their counsel assured the high court that they would appear before the trial court on the next date of hearing on October 26.
On October 19, 2016 21:00 (IST)
With their patience on "burial pyre" home buyers who suffered due to inordinate delay in getting their flats from reality firm Unitech Ltd, narrated their ordeal and anguish before the Supreme Court which directed the builder to refund their money.
On October 19, 2016 14:52 (IST)
The Rs 17 crore will cover the buyers for the principal amount they gave Unitech for the flats in its Vistas project in Gurgaon.
On September 18, 2016 15:53 (IST)
Realty firm Unitech Ltd's sales bookings doubled to Rs 362 crore during the quarter ended June 30, compared with the corresponding period a year ago, on higher volumes in the commercial segment.
On September 15, 2016 11:02 (IST)
Realty firm Unitech's consolidated net loss narrowed to Rs 43.18 crore for the first quarter ended June 30, on account of higher sales.
On September 11, 2016 12:09 (IST)
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 them solely for these projects.
On September 09, 2016 20:14 (IST)
Facing consumer complaints over delay in project completion, realty firm Unitech on Friday said it will raise about Rs 300 crore from financial institutions and sale of land parcels to complete over 40 housing projects comprising 13,000 flats within the next two years.
On September 01, 2016 20:58 (IST)
The Supreme Court on Thursday warned the Chairman and directors of reality major Unitech Hi-tech Developers Ltd that they will be liable for contempt if the terms of settlement they have entered into with three home buyers, who are yet to get their flats, were not honoured.
On August 22, 2016 17:37 (IST)
IL&FS Engineering Services along with its joint venture partner Unitech Power Transmission has bagged a contract worth Rs 136.26 crore from Power Grid Corporation for a project in Gujarat.
On August 17, 2016 18:39 (IST)
Declaring "we are deeply pained," Supreme Court judges today ordered Unitech to deposit Rs 15 crore that will be reimbursed to people who bought flats in the developer's projects near Delhi which are nowhere near completion.
On August 16, 2016 15:52 (IST)
Shares of Unitech plunged as much as 19.5 per cent to hit intraday low of Rs 4.95 after the real estate company on Friday told Supreme Court that it does not have the money to refund home buyers over its two delayed housing projects in Noida and Gurgaon.
On August 12, 2016 19:42 (IST)
Beleaguered real estate firm Unitech Ltd expressed its inability before the Supreme Court to refund money to the home buyers over its two delayed housing projects in Noida and Gurgaon.
On July 28, 2016 23:25 (IST)
To curb excessive volatility, top stock exchange BSE has tweaked the circuit limit for share movement of 10 companies including Unitech and Hindustan Motors.
On July 07, 2016 18:29 (IST)
Unitech promoter firm Mayfair Capital's shareholding has come down by 2.17 per cent with lenders invoking 5.67 crore pledged shares.
On July 02, 2016 12:22 (IST)
The Supreme Court on Friday directed real estate major Unitech Ltd to deposit an amount of Rs 5 crore in its Registry for failing to hand over apartments in Noida area in the national capital region to consumers which was to be given three years ago.