Supreme Court orders CBI probe into builder-buyer fraud, collusion between banks and developers

The Supreme Court has ordered a CBI (Central Bureau of Investigation) probe into alleged builder-buyer fraud and collusion between banks and developers. This significant order reflects the apex court's concern over potential large-scale irregularities in the real estate sector, where homebuyers may have been defrauded through illicit partnerships between developers and financial institutions. The CBI investigation aims to uncover the extent of the wrongdoing and bring the perpetrators to justice.