Supreme Court widens probe into Mohali real estate fraud case
Judges greenlight CBI investigation into builder-bank nexus, raising stakes for Punjab homebuyers.
CBI allowed to register six new cases across cities
Probe now covers Mohali, Mumbai, Bengaluru, Kolkata, and Prayagraj, alongside NCR projects.
Subvention scheme exposes collusion between banks and builders
Builders took loans, defaulted on EMIs, leaving homebuyers burdened with repayments.
Homebuyers in Mohali allege stalled projects and rising debts
Families say they invested life savings but remain without homes or refunds for years.
CBI findings suggest systemic misconduct and huge loan defaults
Report cites thousands of crores disbursed, with Supertech and others under spotlight.
Mohali homebuyers hope probe will bring long-delayed justice
Court-backed CBI action may set precedent for fraud cases beyond big metros.
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