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The Supreme Court of India has taken a strong stance regarding the grievances of homebuyers in the National Capital Region (NCR), particularly concerning alleged collusion between banks and builders. The court announced a Central Bureau of Investigation (CBI) probe into complaints from homeowners, emphasizing the need to protect innocent buyers. This decision follows reports of builders abandoning housing projects, prompting the court to direct the Noida Authority to cooperate with affected homebuyers. The Supreme Court's actions reflect serious concerns over the nexus between financial institutions and construction companies, with the court stating that it cannot erase the distress faced by homebuyers but is committed to addressing the issue.
Committees of three temples — Purbi Delhi Kali Bari Samiti, Sri Amarnath Mandir Sanstha, Sri Badri Nath Mandir — in Mayur Vihar phase 2, approached the Supreme Court challenging DDA’s demolition notice issued on March 19, 2025. Plea filed through advocate Vishnu Shankar Jain https://t.co/JBFbRG0Tz6
Delhi: On the instructions of the High Court, a team arrived late at night to demolish a 40-year-old temple near Sanjay Lake in Mayur Vihar Phase 2, under the Patparganj Assembly constituency of East Delhi. Following this, the Additional DCP, ACP, and SHO of the district police https://t.co/UXNwRv4Otr
Revive project abandoned by builder: Supreme Court On the panel with @divyawadhwa: Advocate Navneet Kumar Sarin, Venket Rao and Advocate Utsav Bains https://t.co/ldkqM0GC0s