Ghaziabad’s real estate sector sees new developments. The CBI is probing two major builders. Red Apple and Manju Homes India Limited are under scrutiny. This inquiry follows a Supreme Court order. The court wants a review of alleged wrongdoing. The agency is looking for builder-banker collusion. This might explain buyer financial issues.
GDA Visited, Documents Requested A CBI team visited the GDA on Wednesday. They sought original project documents. This included ownership papers and maps. It also covered approved building plans. Senior official Pradeep Kumar Singh stated GDA’s cooperation. Documents will be provided legally.
Homebuyers’ Money Stuck This probe stems from buyer complaints. Over a thousand buyers invested in these projects. Builders face fraud charges. Millions of rupees are reportedly involved. Projects have been stalled for some time. Buyers remain uncertain about their homes. Many have filed police reports. Nandgram station received complaints.
On-Site Check, Original Files Needed The CBI team inspected project sites. Rajnagar Extension was a focus. They previously had document copies. Now, original files are vital. This is needed to advance the inquiry.