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Supreme Court demands plan for 22000 Unitech homebuyers with money trail now under scrutiny

Politics
Published on 29 April 2026
Supreme Court demands plan for 22000 Unitech homebuyers with money trail now under scrutiny

Court probes where homebuyers funds vanished abroad

The Supreme Court is pressing for a resolution to deliver homes to 22,000 Unitech homebuyers who have waited for years. It has asked the new board, banks, and financial institutions for proposals while investigating where investors’ money went. Former promoters are alleged to have parked funds in tax-haven countries, and the court wants a clear path to delivery.

  • SC seeks a resolution to deliver homes to 22,000 Unitech buyers
  • New board, banks, and lenders have been asked for suggestions
  • Court is investigating alleged diversion of homebuyers money
  • Allegations include funds parked in tax-haven countries
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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