NewzThe Supreme Court of India has issued a warning stating that defaulting realtors cannot escape Central Bureau of Investigation (CBI) probes by choosing to settle cases with only a select few homebuyers. The court affirmed that the ongoing CBI investigations into these builders will continue regardless of such partial settlements.
According to the details, the CBI has currently completed its investigations in 18 out of 50 registered cases. The broader inquiry has also uncovered collusion between several bank officials and the defaulting builders, highlighting systemic financial complicity in the real estate sector.
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