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HOMEBUYERS EMIS FRAUD
CBI just got more power to go after banks & builders who formed an "unholy nexus" to dupe homebuyers in several marketsFor policymakers, the outcome could reshape rules governing real estate financing. The Supreme Court’s consistent emphasis on accountabilit...- CBI registers 22 FIRs against builders, banks in NCR housing scam probe ordered by SCOn Supreme Court's orders, the CBI has filed 22 FIRs investigating the builder-bank nexus that allegedly cheated homebuyers in the NCR regi...
- 'Fraud' against NCR homebuyers: SC nod to CBI for 22 cases in builders-banks nexusThe Supreme Court permitted the CBI to file 22 cases concerning the nexus between banks and developers. This relates to cheating homebuyers...
- SC orders CBI probe after report claims fraud on homebuyers via 'builders-banks nexus'The Supreme Court, observing a nexus between banks and developers like Supertech, has directed the CBI to investigate builders in NCR and o...
- How an easy home loan EMI scheme turned into a nightmare for many homebuyers in Delhi NCRBuilders and real estate developers try to exploit borrower's desperation with marketing offers that make homebuyers believe that they can ...
- Bengaluru developers face allegations of Rs 3,300 crore fraudBengaluru police have filed a case against Ozone Urbana Infra Developers and several banks for allegedly defrauding homebuyers of Rs 3,300 ...
- RBI monetary policy pragmatic; should cut rate in coming months, say expertsThe Reserve Bank of India has kept its key interest rate unchanged at 6.5% and shifted its policy stance to 'neutral'. This indicates a pos...
- NHB directive on subvention to have little impact, says studyReal estate developer Sobha believes that demand in the residential sector will continue to grow as benefits from the structural reforms be...
- MahaRERA orders ‘remain on paper’Some consumers said issuing orders without ensuring their execution was inconsequential. MahaRERA led the country in terms of disposal of c...
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