Archive · 2 Sep 2025

Nellore Officials Accused of Scam in Apartment Mortgage Releases

Nellore Officials Accused of Scam in Apartment Mortgage Releases

Imagine some apartments in Nellore were built, and the builders got a loan using the apartments as collateral.

The government has rules to make sure the apartments are safe before people live there, like giving an Occupancy Certificate (OC).

However, officials allegedly let the builders get rid of the loan on the apartments without the OC, breaking the rules.

This happened with many buildings, and residents moved in without the necessary approvals.

A social worker complained, and now there's an investigation.

The authorities plan to penalize the wrongdoers, including officials and builders, and the High Court will review the case.

Sources