Dated: 24.12.2024

Public Notice

Change of Option from Refund to Possession- reg.

1. 1.

   Unitech has been receiving emails from certain Homebuyers, who have availed of partial refunds through the Hon’ble Supreme Court and who are now opting for change of their option from Refund to Possession without upfront payment of the partially refunded amount along with interest @ 9% from 16.02.2024 till the date of payment. Some of these Homebuyers have even stated that they are doing so on the basis of some professional/ legal advice.

2. 2.

   It may be noted that deposit of the partially refunded amount along with interest thereon in terms of para 6 of the Hon’ble Supreme Court orders dated 03.11.2023 (also available on the website) constitutes the basic eligibility for change of their option. Requests for change of options to Possession in such cases, where the partially refunded amount is not deposited, will not be entertained and accepted.

3. 3.

   However, those Homebuyers who have not deposited the said partially refunded amount, may do so on or before the last date i.e. 31.12.2024, if they still want to change their option from Refund to Possession.

4. 4.

   Any system generated acknowledgement of receipt of request for Change in Option from Refund to Possession in cases where the partially refunded is not deposited along with interest thereon would not confer any right or entitle the homebuyer for possession.

Ashok Kumar Yadav
Chief Executive Officer
Unitech Group.

02.12.2024

Compilation of IA’s received up to 02.12.2024

Please find a detailed tabulation of the IAs, filed by various stakeholders against the Unitech Group, and the new Management’s response thereto, which can be accessed by visiting the Link given below.

02.12.2024 - Unitech Compliation of IAs

If any stakeholder finds that his IA has been missed out, he is requested to forward the same to Ms. Anubha Agrawal, Advocate on Record, at anubha.advocate@gmail.com for inclusion thereon in the list.

29th November, 2024

Public Notice

Extension of last date for Updating Contact Details on Unitech Portal

1. 1.

   Reference: Public Notice dated October 16, 2024, requesting all homebuyers to update their contact details on the Unitech website. The deadline for this update was 30th November, 2024 as per the said Notice.

2. 2.

   The last date for updation of contact details is hereby extended to 31.12.2024 in order to make it co-terminus with the Public Notice dated 18th November, 2024 giving the last opportunity for Change of Options.

3. 3.

   Importance of Updating Information: As previously communicated, updating your contact details is essential for receiving important project updates and communication from the new management. It allows us to create project-specific communication channels like email groups and WhatsApp groups to keep you informed

4. 4.

   How to Update: You can update your information in two ways:
   
   Online: Visit the Unitech Group portal at [link to portal: https://connect.unitechgroup.com] or access the "Contact Updation" tab on the company website [link to website: https://www.unitechgroup.com].
   
   Contact: If you encounter any difficulties in updating your information online, you can visit the Unitech Corporate office at Signature Towers, Gurugram, and/ or contact Mr. Tanmoy Prasad, General Manager, IT Division, at his email address: tanmoy.prasad@unitechgroup.com

5. 5.

   Consequences of Non-Compliance: It is critical to reiterate the importance of updating your contact details by December 31, 2024. Failure to comply with this deadline may result in the following actions:

6. (i)

   Cancellation of allotment of the concerned residential and/or commercial unit without any further notice.

7. (ii)

   Forfeiture of any consideration amount already paid.

8. (iii)

   Potential initiation of legal proceedings under the Benami Transactions (Prohibition) Act, 1988 and associated rules.

9. We encourage all the homebuyers to take advantage of this extension and update their contact details as soon as possible. This will ensure you receive all important information through emails/ WhatsApp messages and stay connected regarding your Unitech property.

Ashok K. Yadav
Chief Executive Officer

18th November 2024

Public Notice for the Homebuyers of Unitech Group

Final and Last opportunity for Change of Option from Refund to
Possession (along with the attendant conditions)

1. 1.

   Pursuant to the publication of lists of refund seeking Homebuyers vide Public Notice 12th September 2024, a number of emails have been received from the Homebuyers (and the process of receipt of emails to this effect is still continuing) that they missed out on the opportunities given earlier and that they would like to change their option now from Refund to Possession. Some of them have also filed IAs in the Hon’ble Supreme Court requesting for giving them another opportunity to change their options.

2. 2.

   Keeping in view the requests from left-out Homebuyers, the matter has been considered by the Government appointed Board of Directors in its meeting held on 13.11.2024 and it has been decided to give one more, but last and final opportunity to the Homebuyers to change their options from Refund to Possession. This window of change of option will remain open in the on-line mode only for a period up to 31.12.2024.

3. 3.

   Exclusions:
   The Homebuyers who have already received the full refunds of the principal amount deposited by them, either from the Unitech or on grounds of Medical Exigencies based on the orders of the Hon’ble Supreme Court, cannot avail of this option as their Units have become part of the unsold inventory of Unitech as per the directions of the Hon’ble Supreme Court.

4. 4.

   In order to be eligible for Change of Option from Refund to Possession, the concerned Homebuyer has to fulfil the following conditions:

5. (i)

   Each of the Homebuyers, who wish to change his/her option from Refund to Possession, has to first update his/ her contact details on the website of the Company in online mode;

6. (ii)

   The Homebuyers who have availed of partial refunds earlier and who now wish to change their option to Possession, would have to upfront pay the partially refunded amount in full along with 9% interest calculated from 16.02.2024 till the date of payment in terms of the directions contained in para 6 of the Hon’ble Supreme Court orders dated 03.11.2023;

7. (iii)

   The Homebuyers of Projects where works have already commenced and demands have been raised for payment of the balance dues as per the Revised Payment Plan, would have to make payment of the overdue amount either upfront or in two equal instalments (one with the Change of option and the second within three months thereof) along with interest calculated @ 9% on the amount due from the due date of payment of the respective instalment till the date of payment;

8. (iv)

   The change of option would be subject to the condition that once they request for change of option from Refund to Possession and so allowed, they would forego all their claims qua any interest or delay compensation, notwithstanding any decree in their favour from any Court/ Forum allowing such claims in the past;

9. (v)

   As regards the Homebuyers of Anthea Floors Project in Gurugram, they will be required to complete the above conditions and also submit their Consent (format of the Consent is available on the website) regarding the revised floor plans in view of current bye-laws and government regulations, consequential additional costs and consolidation of the constructed floors as against their originally allotted numbers. This Consent is to be sent as an attachment along with the email to the designated email id: antheafloors@unitechgroup.com within the given timelines.

10. (vi)

    All requests for Change of Option will have to be submitted in on-line mode only and sent only to the designated email id refundtopossession@unitechgroup.com so as to avoid any ambiguity in adhering to the timeline for submission of documents in physical form. However, in cases where Homebuyers visit the Unitech office in person in view of their constraint to upload the information/ documents/ request as they are not IT-savvy, the Unitech staff will facilitate completion of the on-line transaction for them within the time frame provided; and

11. (vii)

    Please avoid submitting your requests at the last minute of the deadline as there is no scope for Change in Option after 31st December 2024.

12. (viii)

    Please also retain a copy of the email in your records for any future reference.

13. 5.

    Important to note that even those homebuyers who have filed Intervention Applications before the Hon’ble Supreme Court in this regard should also exercise their option to change now itself, irrespective of filing of their application, since after completion of the timelines provided herein, the management shall proceed to finalise the unsold inventory.

14. 6.

    Entire process including updation of contact information, communication of intention to change the option from refund to possession to the designated email and deposit of partially refunded amount along with interest should be made on or before 31st December, 2024 for availing this last chance being given to all the homebuyers.

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Background Note on the subject of Change of options

October 16, 2024

Public Notice

for the Homebuyers of Unitech Group

1. 1.

   It is informed that the new Management appointed by the Union of India, with the prior approval of the Hon’ble Supreme Court, vide its order dated 20.01.2020, had decided to interact with all its homebuyers only through electronic mode, since it is manually not possible to communicate with thousands of homebuyers in physical mode. Further, taking note of the fact that the contact details furnished by the Homebuyers at the time of booking their Units may have become obsolete over the years, the Management created a facility on its website under the tab Contact updations on the Homepage to enable the Homebuyers to update their contact details. Public notices have been uploaded on the website from time to time requesting the Homebuyers to update their contact details on the website.

2. 2.

   The idea is to create Email Groups and WhatsApp Groups of the Homebuyers of each project so that any development can be communicated to the concerned. As such, it is critical that we have the latest Address, Email ID and the Mobile No. of the concerned Homebuyer updated in the system at all times.

3. 3.

   However, it is a matter of serious concern that only 9,609 homebuyers, out of a total of 16,450, have so far updated their contact details in the system. As a result, we still have about 7,000 odd Homebuyers who have to update their contact details. As a result of this, it is becoming increasingly difficult to reach out to such Homebuyers. As a matter of fact, it also raises a question about the existence of any such Homebuyer.

4. 4.

   Accordingly, the homebuyers are once again requested through this Public Notice published in various newspapers to update their Contact Details and other particulars, on the Company’s web-portal (https://connect.unitechgroup.com) or visit the tab under Contact Updation in the Company’s website (https://www.unitechgroup.com) on or before 30th November, 2024. In case of any difficulty, they may either visit the Unitech office or contact Mr. Tanmoy Prasad, General Manager, IT Division at his email id tanmoy.prasad@unitechgroup.com

5. 5.

   It is made clear that the homebuyers who still fail to update their Contact Details on or before 30th November, 2024, the Management may be left with no option but to take recourse to cancellation of allotment of their respective Residential and/ or Commercial Units without any further notice along with forfeiture of the consideration amount paid by them. In subsequence thereto, the new Management may also contemplate to initiate the due process under the provisions of the Benami Transactions (Prohibition) Act, 1988 and the rules made thereunder.

A.K. Yadav
Chief Executive Officer,
Unitech Group of Companies

September 27, 2024

Public Notice

Payment of Balance dues as per the Revised Payment Plan

Click Here to View

Dated: 12.12.2023

Notes on Processes for -

1. (i) Viewing of Ledger,
2. (ii) Total Due Amount,
3. (iii) Payment of Installment, and
4. (iv) Repayment of partial Refund availed by Homebuyers

1. The Hon’ble Supreme Court has directed vide para 6 of its Order dated 03.11.2023 as under:

   “As regards payments by the home buyers, we issue the following directions:

   1. (i) The home buyers who have opted for possession of constructed units shall make payment of their balance dues in accordance with the revised payment plan which has been uploaded on the website of Unitech Limited, failing which interest shall be payable at the rate of 9%per annum.”
2. Homebuyers, whose Units are part of 39 Projects as per the List-A of 39 projects for which contracts have been awarded, can view their Ledger, Total Amount Due and the Payment Schedule along with due date of payment at Contact Updations Tab on the homepage http://www.unitechgroup.com. All the Homebuyers have to pay the installment as per the revised payment schedule/ due date through online payment system developed for the purpose. Payment can be made through NEFT/ RTGS, Internet Banking or UPI. You may kindly refer to the Procedure Manual-1 for detailed steps to be followed for performing the above activities. The system will also provide you receipt for all payments made.  Click here to download the Procedure Manual-1.. Click here to access the Portal
3. In case the installment is to be paid by a Bank/ Financial Institution on behalf of the Homebuyer, the Homebuyer shall generate the Challan for NEFT/ RTGS payment mode. The same can be submitted to the Bank/ Financial Institution for making payment. Payment made to the account number mentioned in the Challan will be automatically credited to your account. You can also download the receipt from the system.
4. Kindly note that the payment of first Installment shall be made by 10.01.2024. Delay in payment will attract Interest @9% per annum on the amount of default for the period of default.
5. As per the Hon’ble Supreme Court directions dated 03.11.2023 para 6 (iii), Homebuyers who change their options from Refund to Possession and who had received partial refunds earlier through the Registry/ Ld. Amicus Curiae, would have to repay the principal amount which was earlier refunded to them within a period of eight (8) weeks of their opting for possession. Accordingly, all repayment has to be made by 15.02.2024 without fail. Homebuyers, whose Units are part of 39 Projects (List - A) for which contracts have been awarded and who change their option from Refund to Possession will have to pay the refunded amount through online portal developed for Homebuyers. Using the portal, Homebuyers can make payment of the amount through NEFT/RTGS, Internet banking or UPI.
6. Homebuyers, whose Units are situated in projects other than the above mentioned 39 projects, shown here as List-B, can make payment through another portal, against the project Click here to access the List B Refund. Click here to access the Portal
7. The Revised Payment Schedule in respect of Homebuyers of Four projects of Noida has not been generated keeping in view the pendency of approvals from Noida Authority. The Payment schedule in respect of these four projects will be generated as soon as approvals are granted. A notice will be published for the Homebuyers of these four Noida based Projects separately.
8. For any assistance call at 9810942776 (Ragubeer)/ 9599056077 (Devender) (9:30 AM to 5:30 PM on all weekdays) or WhatssApp your query to 9599056077. You can also reach us by sending email to homebuyers@unitechgroup.com.

Date: 09.03.2023

Public Notice reg. Statutory Approvals granted by the Director General, Town & Country Planning, Haryana

The Homebuyers of the following Housing Projects of Unitech Group Companies situated in Gurugram are hereby informed that, pursuant to the directions of the Hon’ble Supreme Court vide its order dated 27th July 2022, and with the regular follow up by the current Management and team of Unitech Limited with the O/o the Director General, Town & Country Planning, Haryana, following statutory approvals have been granted by the competent authority, for which we sincerely thank and acknowledge the pro-active support from the DG, TCP Haryana and his team of officers:

A. Occupation Certificates (OCs)

B. Zoning Plans

C. Revised Building Plans

2. Action is under process for the balance approvals.

For information of FD Holders and Homebuyers who have applied for Refunds on grounds of Medical Exigencies in terms of Hon’ble Supreme Court Orders dated 27.04.2022, 18.05.2022 and 17.08.2022

1. The Lists of FD Holders who have applied for refunds on the grounds of Medical Exigencies have been uploaded on the portal and virtual hearings in those cases will continue up to 20.09.2022.
2. The lists of Homebuyers who have applied for refunds on grounds of Medical Exigencies has been uploaded on the portal today i.e. 16.09.2022, along with the schedule of virtual hearings by Justice (Rtd.) A.M. Sapre in respect of cases mentioned in List-A.

Accordingly, the concerned Homebuyers are requested to make it convenient to attend the Virtual hearings as per the dates and time slots given in the List. The Links for the virtual hearing will be sent to them through SMS and Whatsapp on their registered phone numbers the previous day.