There has been a big revelation in the real estate sector of Uttar Pradesh. CBI (CBI) Done Builder Projects Has taken under investigation. These major residential schemes of Yamuna Authority are now targeted by investigating agencies. On the other hand, two defaulted builders Office seal have been done.

Which projects are in CBI investigation?

These 3 projects in the Yamuna Authority area are under investigation:

1. Sector-17 Of Supertech’s apartment project

2. Sector-22 D Of Oasis realtech project

3. Kova and Casa Projects of Geno Group

All these Irregularity in land allocation to construction and transactions There are allegations of

Yamuna Authority official said that the CBI has started this investigation on the orders of the Supreme Court.

What is the scope of CBI investigation?

• Test CBI’s Economic Offenses Branch Still working.

• CBI Documents to land allocation, map, number of plots and possession Has sought a report.

• Yamuna Authority has all necessary Documents and resolutions Has handed over to CBI.

“Some projects have found lack of major documents.” – Arunveer Singh, CEO, Yamuna Authority

Two builder offices sealed, outstanding crores!

In second phase of action, The administration has sealed the offices of two builders:

builder	office	outstanding
Elegant infrakon	Greater Noida	₹ 15.01 Crore
Intrusion engineers	Greater Noida	₹ 11.57 Crore

Administration many times Recovery notice Send, but in case of non -payment Sealing action Was done.

What is its effect?

• From these investigations Fear in new buyers Is.

• Those who have booked a flat in these projects now Legal complications May have to face.

• In future Transparent methods to builders Will be forced to launch the project.

At present, the biggest problem has now become that people who have booked flats will now have difficulty in taking the registry. The burden of EMI will be operational and the property has been fasted here.