Overview
- The CBI, which registered 22 fresh FIRs Tuesday, searched 77 locations across eight states and seized documents and digital devices.
- The new cases target an alleged network of builders and bank officials who used subvention loans that paid developers early and then left buyers paying monthly installments when projects stalled.
- The searches spanned major hubs including Delhi, Chennai, Puducherry and Bengaluru as part of what officials called a coordinated nationwide operation.
- The total case count now stands at 50 after 28 FIRs filed last year under Supreme Court directions that began in April 2025 following petitions from over 1,200 homebuyers.
- Enforcement Directorate officials said they are likely to add these 22 cases to an ongoing money‑laundering probe, a step that could test banks’ due‑diligence practices and strengthen consumer protections.