Both refund and construction of flats to be given for possession require mobilisation of huge sums. You deposit Rs 1,000 crore and show us the plan you have to refund and give possession of flats as desired by the homebuyers. The company needs to mobilise money to complete the projects and sell those flats where the homebuyer is seeking refund. Unitech has so far deposited Rs 130 crore in the SC in connection with five different cases filed by homebuyers seeking refund. However, the SC till now has not entertained Chandra's plea for interim bail, reiterating that its prime object was to protect the interest of homebuyers.

Source: Times of India October 23, 2017 23:37 UTC