Unitech case: ED provisionally attaches land worth over Rs 125 crore

The Enforcement Directorate has provisionally attached land worth Rs 125.06 crore belonging to Unitech Infopark Limited in connection with its probe into money laundering allegations arising out of complaints from home buyers of the Unitech group, officials said Monday. The ED has provisionally attached 39.83 per cent share of 4.79 acres of land that forms part of the Uniworld City township at Nallambakkam in Chennai. "The value of the land attached is Rs 125.06 crore. The said land is owned by Unitech Infopark Limited in which 39.83 per cent shares are held by Narnil Infosolutions Private Limited (a benami company of the Chandras, the promoters of Unitech Group)," the ED said in a statement. The action is part of an investigation undertaken by the ED based on cases registered by the Delhi Police and CBI on the complaints from home buyers against Unitech Group, its promoters and others, it said. In its investigation, ED detected that the Chandras of Unitech had allegedly invested t

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