Unitech promoters sent to 7-day police custody in fraud cases

NEW DELHI: A Delhi court today allowed the police to interrogate two promoters of real estate firm Unitech Ltd, Sanjay Chandra and Ajay Chandra, in custody for seven days in connection with three FIRs alleging they cheated home buyers in its Greater Noida projects.

Metropolitan Magistrate Mayuri Singh remanded the Chandra brothers to police custody till September 15 after the probe agency sought their custodial interrogation to unravel the cheating cases.

In one of the three FIRs, it has been alleged that the firm floated a residential project ‘Unitech Verve’ at Greater Noida in Uttar Pradesh in 2006 which was booked by complainant Ram Narain Aggarwal, a retired Government employee, for an amount of Rs 16.77 lakh.

The flat was scheduled to be delivered by December 2009, but the complainant has not yet got its possession, it alleged.

The other two FIRs also alleged non-delivery of flats to hassled home buyers and fraud committed on them by promoters. (AGENCIES)

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