Business StandardCenter·
Unitech buyers worried over vacant CMD post, lack of funds for projects
Distressed homebuyers of crisis-hit Unitech Ltd have expressed concern over a lack of funds to complete stalled projects and demanded that the unsold assets of the realty firm should be auctioned to expedite construction works. Five associations, representing thousands of property buyers of Unitech Ltd, also sought that a new Chairman and Managing Director (CMD) should be appointed soon to run the company as the post is vacant from nearly one month. In 2020, Unitech's board was superseded by th…
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