Supreme Court Directive: CBI Registers 22 Cases to Probe Alleged Builders-Banks Nexus Cheating Homebuyers in NCR

On Supreme Court’s orders, CBI registered 22 FIRs and raided 47 NCR sites in a builder–bank scam. Homebuyers were lured with false promises of “No Pre-EMI till possession”, leaving them cheated and trapped in loans.

Fraud Beyond Bricks: Supreme Court Orders CBI Probe into Builders-Banks Nexus Cheating NCR Homebuyers

Supreme Court allows CBI to register 22 FIRs over alleged fraud by builders and banks under subvention schemes in NCR. The bench termed it an “unholy nexus” causing massive loss to over 1,200 homebuyers.

Supreme Court Grants Bail to Man Jailed for Over 5 Years Without Trial in UP Drugs Case

The Supreme Court of India granted bail to a man imprisoned for over 5.2 years in a drug case without a trial beginning. The court emphasized that prolonged detention without trial is unjust. The accused sought bail after the Allahabad High Court denied his request, highlighting the unfairness of his continued incarceration.

“Provide Necessary Clearances to Resume Construction”: SC Directs States on Unitech Projects Days After Homebuyers’ Letter to CJI

The Supreme Court mandated states to expedite approvals for Unitech’s stalled housing projects to relieve homebuyers. Deadlines have been set for clearances, allowing construction to resume. Despite a new board’s establishment in 2020, progress has been minimal, leaving around 10,000 homebuyers awaiting possession and facing financial strain.