google-site-verification=2GeE3Sz4UudnlqvBff0NG8dPnRrz0y9xE4vH0HwPrm4 Geetanjali Home State | Best Real Estate Company in Gurgaon: SC seeks responses of Centre, ED, RBI on plea alleging siphoning of homebuyers' funds

Thursday, May 28, 2026

SC seeks responses of Centre, ED, RBI on plea alleging siphoning of homebuyers' funds

The Supreme Court has issued notices to the Centre, ED, RBI, and several real estate firms regarding allegations of siphoning off thousands of crores collected from homebuyers in Noida and Yamuna Expressway projects. The plea highlights a systemic issue of developers diverting funds, leading to project insolvency and buyers being left stranded.

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