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.
The Supreme Court of India has directed the CBI to investigate delays in housing construction projects linked to potential misconduct by real estate builders and banks in major cities. A Special Investigation Team will be formed, with police support from Uttar Pradesh and Haryana, ensuring close monitoring and monthly hearings on the probe’s progress.
On Tuesday(12th March),The Telangana High Court directs petitioners to serve notices in a Rs 25,000-cr land scam case linked to the Dharani Act. Allegations include a four-decade fraud involving bogus transactions and concealment of prior land sales. The case has sparked legal and political battles, with ongoing demands for criminal charges and a Special Investigating Team.
