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BANKS NEXUS WITH BUILDERS
SC pulls up banks over alleged nexus with builders in real estate casesIn a significant ruling, the Supreme Court has ordered lenders to proceed with prosecuting their officers implicated in a questionable alli...- Supreme Court pulls up CBI over ‘eyewash’ probe in homebuyer fraud casesThe Supreme Court has questioned the CBI's investigation into builders and financial institutions cheating homebuyers. The court warned the...
- Supreme Court seeks timeline for CBI probe into NCR housing projectsThe Supreme Court has issued a decisive order for the CBI to outline a clear timeline for its investigation into numerous real estate devel...
- Builders-banks nexus: SC pulls up CBI for probe, says homebuyers agony can't be prolongedThe Supreme Court has expressed strong displeasure with the CBI's investigation into the alleged collusion between banks and developers. Th...
- 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 into Supertech & other builders over 'unholy' nexus between banks or financial institutions in undelivered NCR projectsThe Supreme Court has ordered a CBI probe into Supertech and other builders. This is regarding undelivered housing projects in Delhi-NCR. T...
- 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...
- SC orders CBI probe into Supertech builder projects in NCRThe Supreme Court ordered a CBI inquiry into Supertech Limited projects in NCR. This follows concerns about a bank-developer connection. Th...
- SC seeks CBI probe into nexus between banks and buildersThe Supreme Court has expressed concern over the alleged nexus between banks and builders and called for a CBI probe to bring relief to hom...
- 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 ...
- Homebuyers taken to ransom: SC wants probe into builder-bank messThe Supreme Court has called for a CBI probe into the alleged collusion between builders and banks, impacting homebuyers in NCR. The bench ...
- Banks can't be converted into builder to ensure completion of real estate project: Delhi High CourtIt is for the lenders to take appropriate legal action by approaching the civil forum to ensure that the project is completed within time, ...
- Defence ministry struggles to break official-land mafia nexusInsiders, however, say there are still a lot of loopholes which can be exploited by nefarious elements to encroach on prime defence land.
- Lenders approve promoter’s resolution plan for MBL InfraSBI, PNB and RBL Bank are among the lenders that have now voted in favour of the promoter’s resolution plan.
- Life savings and hopes of many in Chennai go down with this buildingMan commission hinted that the incident brought out a nexus between the real estate and construction business which was functioning only in...
- Ahmedabad top cop accused of harassment, HC issues noticeAggwarwala alleged that Shah, who had sold him a plot at Balaji Green city at Adalaj here in 2012, wanted to cancel the transaction.
- Faced with defaults, buyers forced to pay EMIs for homes that won't be delivered anytime soonPeople who take loans to buy apartments must continue paying their EMIs, or their credit scores will take a hit.
- Curbing graft and building more cities can help in bringing down home pricesIn an interview to this newspaper, Deepak Parekh, chairman of HDFC, said curbing graft and scrapping archaic rules will cool down home pric...
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