Unitech MDs arrested by EOW for duping flat buyers

They are accused of swindling Rs 35 cr from those who booked flats at Greater Noida project

Unitech Q1 sales bookings double to Rs 362 crore

Woes of the erstwhile construction major Unitech just increased manifold, as its managing directors Sanjay Chandra and Ajay Chandra were arrested on Saturday by the Economic Offences Wing (EOW) of the Delhi Police. According to the sleuths of EOW, the Chandras have been accused of allegedly duping buyers who had booked flats in his Greater Noida residential project to the tune of Rs 35 crore. The buyers alleged that Unitech failed to complete the project on time and also did not refund the money along with the interest. “There are allegations are that he fraudulently ...