News
Unitech asked to pay over Rs 60 lakh for not giving possession on time

The apex consumer commission has directed real-estate firm Unitech Limited to pay over Rs 60 lakh to a Gurgaon resident for not giving him possession of an apartment booked a decade ago at Greater Noida.
According to a news agency report, the National Consumer Disputes Redressal Commission (NCDRC) asked the firm to pay the amount with an interest of 18 per cent per annum, from the date the total demand amount was deposited with the Unitech, which is also facing several other complaints, including a joint claim by 144 home-buyers.
A bench headed by Justice JM Malik held that the desire to acquire the property had “ruined the life” of the buyer and the real estate major “harassed” him by asking “for interest on the delayed payment when there was no progress of project”.
The report said, the consumer commission directed the firm to pay Rs 59,98,560 to Sanjay Arora, who had booked the flat in Sector Pi II, Greater Noida, in 2006, besides Rs one lakh for compensation and litigation charges.
News2 weeks agoInfrastructure Automation Company Enlite Launches World’s First Patented Edge Controller for Intelligent Infrastructure
News1 day agoTWH Hospitality Announces Aggressive F&B Expansion Plan with ₹30 Cr Investment
News2 weeks agoIshara Art Foundation to Present Group Exhibition ‘Amphibian Aesthetics’ at Ishara House in Kochi
News2 weeks agoGodrej Properties Crosses FY26 Annual Business Development Guidance with Acquisition of 75-acre land parcel in Nagpur
News3 weeks agoMumbai Returns to Pre-Pandemic Investment Levels, Surpasses $1 Billion 4th Consecutive Year: Cushman & Wakefield
News3 weeks agoGurugram Premium Segment Drives Projected Rs 6.65 Lakh Crore Market: ANAROCK
News2 weeks agoReal Estate Investment Momentum in APAC, India to Hold Steady Through 2026: Colliers’ Survey Insights
News2 weeks agoK2 Infragen Delivers Robust H1 with 76.5% Revenue Growth, 70% Profit Jump













