Archive · 28 Sep 2025

CBI Probes Builders for Alleged Homebuyer Cheating

CBI Probes Builders for Alleged Homebuyer Cheating

The CBI, a government agency, is looking into accusations that builders cheated people who were buying homes.

They've registered six official cases and searched 12 locations in cities like Kolkata, Bengaluru, and Mumbai.

This investigation started because the Supreme Court told them to, after many homebuyers said they were tricked.

These homebuyers also said that financial institutions were being aggressive toward them.

The CBI is now looking into the actions of the builders and some people at financial institutions.

This aims to find out what happened and who is responsible.

The Supreme Court stepped in after homebuyers sought help due to being cheated by the builders.

Sources