Sanjay Chandra, the chairman of Unitech, was arrested by the Economic Offices Wing of the Delhi Police, late on 31 March. His brother Ajay Chandra was also arrested.
The two will be produced in court after 2 pm on 1 April.
The two were booked for cheating homebuyers as they did not refund the money after failing to complete a project on time.
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(With inputs from IANS)
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