Delhi Police’s Economic Offences Wing has arrested Unitech MD Sanjay Chandra and his brother Ajay Chandra. The Chandras were booked for cheating buyers for Unitech’s failure to complete a project on time and refunding the money. They will be produced in a Delhi court this afternoon.
Over two dozen home buyers of Unitech’s housing projects in Noida and Gurugram had approached the National Consumer Disputes Redressal Commission after the builder had failed to give them possession of their flats as the per schedule. The company had promised to hand over the possession of flats in 2012, but failed to meet the deadline.