💨 Abstract

The Supreme Court has ordered the Central Bureau of Investigation (CBI) to conduct a preliminary probe into an alleged "unholy nexus" between builders and banks, accused of holding homebuyers to ransom through subvention plans. The CBI is directed to register seven preliminary enquiries, including against Supertech, a real estate company with over 21 projects in six cities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖