Real Estate Mumbai
CBI Files Six FIRs Against Builders in Subvention Scheme Scam
The Central Bureau of Investigation (CBI) has filed six FIRs and conducted raids in Kolkata, Bengaluru, and Mumbai to investigate the fraudulent 'subvention scheme' involving builders and financial institutions. Thousands of home buyers have been cheated and coerced, leading to significant hardships.
Real Estate Mumbai
CBI Raids Builders and Financiers in Kolkata, Bengaluru, and Mumbai Over Homebuyer Fraud
The Central Bureau of Investigation (CBI) has conducted raids at 12 locations in Kolkata, Bengaluru, and Mumbai, following Supreme Court orders to probe into builders and financiers accused of cheating homebuyers through subvention schemes.
Real Estate Mumbai
CBI Registers Six FIRs Against Real Estate Developers in Subvention Scheme Fraud
The Central Bureau of Investigation (CBI) has registered six FIRs against real estate developers in Mumbai, Bangalore, and Kolkata, as part of a nationwide investigation into the misuse of subvention schemes.
Real Estate
CBI Registers 6 FIRs Against Real Estate Developers in Nationwide Subvention Scam Probe
The Central Bureau of Investigation (CBI) has registered six FIRs against real estate developers in Mumbai, Bangalore, and Kolkata, following a Supreme Court directive. The probe focuses on alleged fraud and collusion in subvention schemes, which have defrauded homebuyers.
real estate news
CBI Registers Six FIRs Against Real Estate Developers in Nationwide Subvention Scam Probe
The Central Bureau of Investigation (CBI) has registered six FIRs against real estate developers in Mumbai, Bangalore, and Kolkata, following a Supreme Court directive to investigate alleged fraud in subvention schemes.
Real Estate Mumbai
From Dream to Nightmare: Homebuyers Trapped in Real Estate Scandals Across India
For many Indian families, buying a home is a lifelong dream. However, thousands in Kolkata, Bengaluru, and Mumbai find themselves trapped in unfinished projects and financial distress due to fraudulent real estate practices.
Real Estate
From Dreams to Despair: Homebuyers Trapped in Real Estate Scams Across India
The dream of owning a home has turned into a nightmare for thousands of homebuyers in India, as unfinished projects and unscrupulous builders leave families in financial distress. The CBI's recent action against builders and financial institutions offers a glimmer of hope, but the road to justice remains long and uncertain.
Real Estate Mumbai
CBI Launches Investigation into ₹16 Crore SBI Fraud by Pune-Based Real Estate Firm
The Central Bureau of Investigation (CBI) has initiated a probe against a Pune-based real estate firm for allegedly defrauding the State Bank of India (SBI) of over ₹16 crore through fraudulent means.
Real Estate Maharashtra
CBI Launches Investigation into ₹16 Crore Bank Fraud by Pune-Based Real Estate Firm
The Central Bureau of Investigation (CBI) has initiated a probe against a Pune-based firm for allegedly defrauding the State Bank of India (SBI) to the tune of ₹16.35 crore. The firm, engaged in real estate and construction, is accused of misrepresenting financial data and diverting funds.
Real Estate
CBI Empowered to Investigate Frauds in Real Estate and Banking Sectors
The Supreme Court has granted the CBI authority to investigate six more cases involving alleged fraud by banks and real estate developers. This decision could reshape the rules governing real estate financing and enhance accountability in the sector.
Real Estate Mumbai
Supreme Court Approves CBI to Investigate Six More Real Estate Fraud Cases
The Supreme Court has granted the CBI permission to register six additional cases involving the alleged nexus between banks and real estate developers across multiple cities, including Mumbai, Bengaluru, and Kolkata. The cases focus on the misuse of homebuyers' funds and the failure to deliver promised properties.
Real Estate
Supreme Court Greenlights CBI to Register Six More Cases Against Banks and Builders for Homebuyer Fraud
The Supreme Court has allowed the CBI to register six more cases against banks and real estate developers for defrauding homebuyers across multiple cities, including Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj.
Real Estate Pune
Supreme Court Empowers CBI to Investigate Banks and Builders for Housing Fraud
The Supreme Court has authorised the CBI to register six more cases into alleged fraud involving banks and real estate developers accused of duping homebuyers in major cities across India. This move could reshape real estate financing rules and increase scrutiny on both financial institutions and developers.
Real Estate
SC Allows CBI to Register Six More Real Estate Fraud Cases in Delhi-NCR and Beyond
The Supreme Court has allowed the CBI to register six more regular cases into the 'unholy nexus' between banks and developers, which has defrauded homebuyers in real estate projects across various cities including Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj.
real estate news
Supreme Court Approves CBI to Register Six More Real Estate Fraud Cases
The Supreme Court has approved the CBI to register six more regular cases into real estate fraud involving banks and developers in Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj. This move follows the earlier approval of 22 cases in the Delhi-NCR region.
Real Estate Mumbai
Supreme Court Approves CBI to Register 6 More Cases in Real Estate Fraud
The Supreme Court has allowed the CBI to register six additional cases to investigate the fraudulent activities involving banks and developers in real estate projects across Mumbai, Bengaluru, Kolkata, Mohali, and Prayagraj.
Real Estate
3 Industrial Corridor Projects Set to Transform Bengaluru's Real Estate Market
Bengaluru's real estate market is being reshaped with the development of three major industrial corridors: CBIC, BMIC, and HBIC. These projects aim to boost connectivity, create jobs, and attract industrial investments, reshaping the city's residential, commercial, and industrial landscapes.
Real Estate Mumbai
CBIC Extends GSTR-3B Filing Deadline to August 27, 2025, for Mumbai and Select Maharashtra Districts
The Central Board of Indirect Taxes and Customs (CBIC) has extended the GSTR-3B filing deadline for July 2025 to August 27, 2025, for registered businesses in Mumbai City, Mumbai Suburban, Thane, Raigad, and Palghar districts of Maharashtra. This move is aimed at providing relief to businesses affected by heavy rains and public disruptions.
Real Estate Maharashtra
Yes Bank Scam: Audit Report Exposes Loan Irregularities Before CBI Action
An audit report prepared in 2019 flagged significant irregularities in Yes Bank's loan practices, particularly in real estate deals, months before the CBI took action against Rana Kapoor for alleged kickbacks and misallocated funds.
Real Estate
Bhupesh Baghel Challenges ED's Arrest Powers in Supreme Court, Alleges Political Vendetta
Bhupesh Baghel, the former Chief Minister of Chhattisgarh, and his son Chaitanya have moved the Supreme Court to challenge the arrest and investigation powers of the CBI and ED. They allege that the actions are politically motivated and aim to divert attention from the illegal tree felling for coal mines in the state.