CBI Investigates 24 Real Estate Projects in Noida and Greater Noida: Thousands of Homebuyers at Risk
In a major crackdown shaking the NCR real estate market, the Central Bureau of Investigation (CBI) has launched an official probe into 24 real estate projects spread across Noida, Greater Noida, and the Yamuna Expressway region. This investigation comes after alleged irregularities in builder-buyer subvention schemes, potentially affecting thousands of unsuspecting homebuyers.
What Is Being Investigated?
The CBI is probing developers who are suspected of misusing subvention schemes — where buyers paid initial amounts while banks released loans to builders, promising no-EMI periods until possession. However, several projects under these schemes were never completed, and banks allegedly continued disbursing funds even as construction stalled.
Homebuyers left in financial distress are now stuck with EMIs, delayed possession, and mounting legal issues.
Key Highlights of the Investigation:
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24 projects under direct CBI radar across Noida, Greater Noida, and Yamuna Expressway
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Allegations include loan fraud, misappropriation of funds, and collusion with bank officials
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The Supreme Court directed the central agency to conduct this in-depth investigation
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Projects by multiple known and mid-tier builders are likely to be involved
What It Means for Buyers and Investors
The CBI action brings long-awaited hope for justice to thousands of aggrieved homebuyers who have been paying EMIs for years without receiving possession. It also signals tighter scrutiny of unethical builder practices and a possible real estate cleanup in NCR.
If you're currently:
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Affected by delays in Noida or Greater Noida projects
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Looking to invest but want to avoid risk-prone builders
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Considering resale from stuck or stressed projects
This investigation is a wake-up call. Buyers are advised to only invest in RERA-registered, verified, and legally approved projects backed by transparency and progress on-ground.
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At https://www.urbanpropertye.in/, we believe in safe and informed real estate decisions. Our team provides:
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Verified builder profiles
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RERA-registered project listings only
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Legal checks on resale properties
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Personalized guidance on high-performing, safe areas in Greater Noida
Don’t fall for schemes that look too good to be true. Work with trusted partners who put your safety first.
Stay Updated. Stay Smart. Stay Safe.
Visit: https://www.urbanpropertye.in/
Call: 09323550624