Unitech Scam: ₹50,000 Crores Exposed! | Samir Jasuja

In this video, I delve into the massive Unitech scam that has affected over 20,000 customers and involved a staggering ₹35,000 crores, escalating to over ₹50,000 crores with interest. I’ll uncover how customers are owed ₹15,000 crores, banks ₹7,000 crores, and various UP authorities over ₹2,000 crores. Unitech's history, from its peak market cap of ₹85,000 crores to its downfall after the 2G scam, is explored, revealing financial mismanagement and siphoning off ₹15,000 crores into multiple countries and entities.
I also break down the current status of Unitech’s 78 incomplete residential and 13 commercial projects, requiring ₹5,150 crores for completion. Despite Supreme Court mandates, a significant shortfall of ₹1,553 crores remains. I discuss potential solutions like involving NBCC or reputed private developers to ensure project completion. If you're a new home buyer, I’ll share crucial advice on checking developers' track records and ensuring financial closures for a secure investment.