CBI crackdowns on builders in Delhi-NCR for defrauding homebuyers

The Central Bureau of Investigation (CBI) has registered 22 cases and conducted searches at 47 locations across Delhi-NCR as part of a major crackdown on builders involved in alleged cheating and defrauding homebuyers. The CBI, in a statement said that the searches were conducted at various locations including Delhi, Gurugram and Noida, among others. 

During the searches, the agency seized various incriminating documents



and some digital electronic evidences. The Supreme Court directed the CBI to register seven Preliminary Enquiries after several NCR homebuyers filed a Special Leave Petition in the court on being allegedly cheated by the builders and developers. The CBI stated that the searches aimed to investigate the nexus of builders and officials of financial institutions and the investigations are ongoing.