|Born||1939/1940 (age 74–75)|
University of Southampton
|Known for||founder of Unitech|
|Net worth||$1 billion (2011)|
Early life and education
Ramesh Chandra, was born in 1941 to a banker, and spent his formative years in Farrukhabad, a town in Uttar Pradesh. After finishing his schooling here, he joined IIT Kharagpur, where he studied structural engineering.
After completing a short stint at the Bridge and Roof Company in Kolkata post his graduation, he left to major in Structural Engineering from the University of Southampton in England. However, along with four of his friends, he started the United Technical Consultant Private Ltd., primarily a soil investigation company, in Delhi.
He moved into real estate and civil engineering in 1985 to build middle-class homes and completed many prestigious projects in Gurgaon, UP, and Libya, among other middle-eastern countries. His publicly traded company, the Unitech Group The company is now largely under the management of two sons — Ajay Chandra and Sanjay Chandra with latter being in charge of Unitech Wireless. In 2011, Sanjay Chandra was implicated in the 2G spectrum scam and was arrested by the Central Bureau of Investigation.
His Company Unitech has also been accused of cheating thousand of buyers who invested in Unitech by buying flats constructed by Unitech Ltd. Its a nation wide attribute of Unitech to not withstand their commitments in delivering on their promises. Noida, Gurgaon buyers have been protesting from years against them. But their voices have been falling on the deaf ears of Sanjay Chandra and his family. He has tried to influence the public prosecutor also in 2G case. A real criminal mind. There are a huge collection of videos available on youtube on the same.
Founder of Unitech and these are the realities about it.
- "The World's Billionaires: #721 Ramesh Chandra". Forbes. March 3, 2010.
- Unitech supremo: A reluctant tycoon The Economic Times, 26 Jan 2008.
- India's Powerful Can't Escape Jail
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