New Delhi, Sep 27, 2025

In a major crackdown on builders accused of cheating thousands of homebuyers, the Central Bureau of Investigation (CBI) on Saturday registered six cases against real estate companies in Kolkata, Bengaluru and Mumbai, along with unknown officials of financial institutions, following directions of the Supreme Court. Searches were conducted at 12 premises across the three cities, during which “various incriminating documents and some digital electronic evidences have been seized”, the agency said.

The probe stems from petitions filed by aggrieved homebuyers before the Supreme Court, highlighting large-scale cheating by developers and coercive recovery measures by financial institutions.

The apex court had flagged the “unholy nexus” between builders and lenders throu

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