CBI Registers 5 New Cases Against Builders Over Alleged Homebuyer Fraud:

The Central Bureau of Investigation (CBI) has registered five new criminal cases against builders and others following directions from the Supreme Court. Four cases are related to the Ozone Group and its linked companies for housing projects in Bengaluru and Mumbai. The fifth case has been registered against M/s Vivansaa Baalsam for its Bengaluru project.

The cases involve allegations of criminal conspiracy, cheating, criminal breach of trust and alleged misconduct by officials of financial institutions. The CBI is investigating an alleged nexus between builders and officials of financial institutions that may have resulted in homebuyers being cheated.

On September 10, 2026, the CBI conducted searches at 12 locations in Bengaluru, Mumbai and Pune as part of its investigation into the five cases.

The searches were aimed at collecting important evidence related to the alleged diversion of funds, financial irregularities and other fraudulent practices in the real estate sector. The CBI said it seized documents, digital devices and other material during the searches. The seized material is now being examined.

A large number of homebuyers had approached the Supreme Court, seeking relief over alleged fraudulent activities by builders that have affected them for several years.

The CBI said it had earlier registered 50 cases against different builders across India in compliance with the Supreme Court's directions. With the registration of these five new cases, the total number of cases registered by the agency on the orders of the Supreme Court has now reached 55.

The CBI said it is committed to carrying out a speedy and impartial investigation and ensuring that those responsible for allegedly defrauding homebuyers and violating laws and guidelines are brought to justice.