The Supreme Court mandated states to expedite approvals for Unitech’s stalled housing projects to relieve homebuyers. Deadlines have been set for clearances, allowing construction to resume. Despite a new board’s establishment in 2020, progress has been minimal, leaving around 10,000 homebuyers awaiting possession and facing financial strain.
Homeowners from Chennai, represented by Iyarappan B, are urging Chief Justice Sanjiv Khanna to address delays in Unitech’s unfinished projects affecting 13,000 families. After the Supreme Court’s involvement since 2018, construction has stalled, causing significant mental and financial distress. The association seeks urgent action to expedite proceedings and restore public confidence.
The Delhi High Court Yesterday (March 16th), declined to grant additional extension to the interim medical bail provided to Ramesh Chandra, the founder of real estate company Unitech, in connection with a money laundering case. Instead, the court instructed him to surrender before the jail superintendent Today.
