Real estate developer Unitech on October 27, 2021, appointed Ashok Kumar Yadav as its chief executive officer (CEO). The decision to appoint Yadav, a retired IAS officer of Haryana Cadre, was taken after a … READ FULL STORY
China’s Evergrande is the talk of the town in the global real estate environment today. It is the story of a debt-ridden real estate company that is financially overleveraged, has gone beyond execution capabilities, … READ FULL STORY
With just a few days left for the Maharashtra assembly elections, some civil society groups in the state have come out with a document titled ‘Maharashtra Urban Citizen’s Manifesto 2019’, which seeks the creation … READ FULL STORY
Additional solicitor general Madhvi Diwan, on July 11, 2019, informed the Supreme Court that the centre was working on a uniform proposal, to address various grievances of aggrieved home buyers and it would be … READ FULL STORY
Bengaluru-based Sobha Limited has maintained its leadership position in the Track2Realty Best Practices Report 2019, which evaluates the best practices being followed in Indian real estate. Sobha improved its performance, compared to first study … READ FULL STORY
The Hyderabad High Court has directed the Telangana government and Telangana State Industrial and Infrastructure Corporation (TSIIC) to pay over Rs 660 crores to debt-laden Unitech Limited, towards principal and interest, in a case … READ FULL STORY
To the relief of aggrieved home buyers of Unitech Ltd, the Supreme Court, on September 11, 2018, directed the realty firm to construct 514 flats in its five projects, out of the funds generated … READ FULL STORY
The Supreme Court, on September 10, 2018, asked a local authority in Uttar Pradesh to deposit Rs 66.82 crores, received from realty firm Unitech Ltd, with its registry, to refund those who have opted … READ FULL STORY
The National Consumer Disputes Redressal Commission (NCDRC) has asked Unitech Limited to pay, within six weeks, an amount of Rs 58,41,623 along with a compensation of simple interest at the rate of 10 per … READ FULL STORY
A Supreme Court bench headed by chief justice Dipak Misra, on August 21, 2018, asked a panel headed by former Delhi High Court judge, justice SN Dhingra, to go ahead with the sale of … READ FULL STORY
A day after it rapped the Amrapali Group, for failing to comply with its order, a Supreme Court bench of justices Arun Mishra and UU Lalit, on August 2, 2018, asked the National Buildings … READ FULL STORY
The Supreme Court, on July 5, 2018, asked a panel headed by former Delhi High Court judge, justice SN Dhingra, to proceed with the auction of real estate major Unitech Ltd’s unencumbered properties at … READ FULL STORY
Considering the plight of home buyers, who are waiting to get refund of their money, a Supreme Court bench headed by chief justice Dipak Misra, gave the liberty to justice Dhingra to nominate a … READ FULL STORY
