Unitech bosses sent to police custody

September 08, 2017 01:48 am | Updated 01:48 am IST - New Delhi

The promoters of real estate firm Unitech Ltd, Sanjay Chandra and Ajay Chandra, have been sent to police custody for four days by a Delhi court in an alleged cheating case relating to a housing project in Greater Noida.

Additional Chief Metropolitan Magistrate Sandeep Garg remanded them to custody for questioning over an FIR lodged by an 85-year-old woman alleging fraud by the firm and its Directors for not handing over an apartment booked by her in 2006.

The FIR, lodged in 2016, said that in March 2006, Unitech Ltd had floated a residential project in Greater Noida in Uttar Pradesh called ‘Unitech Cascades’ which was booked by her the same year for an amount of ₹43 lakh.

Delivery date

Of this amount, she had already paid ₹41 lakh for the flat, which was to be given to her by April 2008 as per the flat buyer-cum-allottment letter, it claimed.

However, as the delivery date approached, the company officials told them they were running behind schedule and the flat would be allotted by the last quarter of 2008.

Soon, the company officials stopped responding to the complainant’s queries and did not update her on the progress of construction, the FIR alleged, adding that till date, the construction wasn’t complete.

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