Jagapathi Babu Questioned in Hyderabad Real Estate Scandal
Telugu actor Jagapathi Babu was questioned by the Enforcement Directorate (ED) in Hyderabad regarding a real estate scam linked to Sahiti Infratec Ventures India Pvt. Ltd. (SIVIPL). The investigation focuses on his ties with the company and financial transactions.
Real EstateFraudInvestigationJagapathi BabuEdReal EstateSep 26, 2025
SIVIPL is accused of cheating over 700 homebuyers out of about ₹360 crore by selling luxury apartments before obtaining the necessary approvals, and then failing to deliver homes or refunds. The ED found that the company allegedly moved investor money through multiple accounts—often in cash and without proper safeguards. So far, two top SIVIPL executives have been arrested, and assets worth ₹161.5 crore have been seized. The investigation into money laundering is still ongoing.
The real estate sector in Hyderabad has been under scrutiny for several instances of fraudulent activities. SIVIPL's case is one of the most significant, highlighting the need for stricter regulations and oversight. Homebuyers have been left in a lurch, with many families losing their life savings in the process. The ED's intervention is seen as a crucial step toward justice and accountability in the industry.
Jagapathi Babu, a well-known figure in the Telugu film industry, has been cooperative with the authorities. However, the exact nature and extent of his involvement with SIVIPL are still under investigation. The actor has a significant fan base, and the news of his questioning has garnered widespread attention. Fans and the public alike are keen to see the outcome of the investigation and ensure that justice is served.
The real estate scam involving SIVIPL not only affects the homebuyers but also casts a shadow over the credibility of the entire industry. The ED's actions are expected to set a precedent and encourage other regulatory bodies to take similar measures to protect consumers. The ongoing investigation is a reminder that transparency and accountability are essential in the real estate sector, especially in a rapidly growing city like Hyderabad.
In conclusion, the questioning of Jagapathi Babu by the ED is a significant development in the ongoing real estate scam investigation. It underscores the importance of due diligence and the need for stringent regulations to prevent such fraudulent activities. The public and the authorities are hopeful that this will lead to a more transparent and trustworthy real estate market.
Frequently Asked Questions
What is the real estate scam involving SIVIPL?
SIVIPL, or Sahiti Infratec Ventures India Pvt. Ltd., is accused of cheating over 700 homebuyers out of about ₹360 crore by selling luxury apartments before obtaining necessary approvals and failing to deliver homes or refunds.
Who is being investigated in this case?
The Enforcement Directorate (ED) is investigating several individuals, including Telugu actor Jagapathi Babu, former SIVIPL director Sandu Purnachandra Rao, and other top SIVIPL executives.
What has been the outcome of the investigation so far?
So far, two top SIVIPL executives have been arrested, and assets worth ₹161.5 crore have been seized. The investigation into money laundering is still ongoing.
Why is this case significant for the real estate sector?
This case is significant because it highlights the need for stricter regulations and oversight in the real estate sector, especially in rapidly growing cities like Hyderabad, to protect homebuyers and ensure transparency.
What is the role of the Enforcement Directorate (ED) in this investigation?
The ED is responsible for investigating financial crimes, including money laundering. In this case, they are reviewing the financial transactions and ties between individuals and SIVIPL to determine the extent of the fraud.
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