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
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 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 news
Beware of 'No EMI till Possession' Schemes: Reddit User Warns Homebuyers
A Reddit user has warned Indian homebuyers about the pitfalls of 'No EMI till possession' schemes, cautioning that these can trap buyers into paying EMIs for homes they may never receive.
Real Estate Mumbai
CBI Launches Extensive Investigation into 24 Real Estate Projects Amid Subvention Scheme Fraud
The Central Bureau of Investigation (CBI) has initiated a comprehensive probe into 24 real estate projects in Noida, Greater Noida, and Yamuna Expressway, focusing on alleged financial fraud in subvention schemes that may have affected thousands of homebuyers.
Real Estate
CBI Launches Investigation into Banker-Builder Ties in Subvention Schemes
The Central Bureau of Investigation (CBI) has launched a probe into the alleged irregularities involving bankers and builders in subvention schemes, aiming to uncover any fraudulent practices in the real estate sector.
real estate news
CBI to Investigate Banker-Builder Ties Over Subvention Schemes
The Central Bureau of Investigation (CBI) is set to probe allegations of misconduct and irregularities in subvention schemes involving bankers and real estate developers. This move comes amidst growing concerns over the transparency and accountability in the real estate sector.
Real Estate
Supreme Court Criticizes Builder-Bank Nexus in Home Loan Interest Subvention Schemes
The Supreme Court has strongly condemned the collaboration between real estate developers and banks in housing development projects, particularly in Noida, Greater Noida, and Gurugram, through subvention schemes.
Real Estate Mumbai
Mumbai Real Estate Market Shows Signs of Moderation, Offering Homebuyers Better Deals
Mumbai's real estate market is witnessing a moderation in prices, providing homebuyers with more room to negotiate. Developers are introducing subvention schemes to boost demand, making it an opportune time for potential buyers.
real estate news
Supreme Court's Landmark Ruling Brings Respite to Delhi-NCR Homebuyers Under Subvention Scheme
Delhi Real Estate, Real Estate Market, Homebuyers, Subvention Scheme, Consumer Rights
Real Estate
Revving Up the Indian Economy: Real Estate Sector's Expectations from Budget 2024
The Indian real estate sector is pinning its hopes on Budget 2024 to introduce reforms and policies that will stimulate growth and create a favorable environment for developers, investors, and homebuyers.
Real Estate Mumbai
The Resurgence of Subvention Schemes: How BNPL is Revolutionizing the Real Estate Market
With the rise of Buy Now Pay Later (BNPL) options, the concept of subvention schemes is making a comeback in the real estate industry. Here's how it's changing the game for homebuyers.