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flag Indian authorities registered 22 FIRs against builders and banks for defrauding homebuyers in a loan scheme.

flag The CBI has registered 22 FIRs against several builders and banks in the National Capital Region over alleged fraudulent activities in a home loan subvention scheme. flag Builders received loans directly from banks but failed to meet their mortgage obligations, leaving homebuyers responsible for repaying loans without receiving their properties. flag The investigation involves over 1,000 individuals and 58 projects, with the Supreme Court hearing petitions from over 1,200 affected homebuyers.

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