New Delhi, July 30 -- In a major crackdown on builders allegedly involved in cheating and defrauding thousands of homebuyers in National Capital Region and to investigate the nexus of builders and officials of financial institutions, Central Bureau of Investigation has registered 22 cases against different builders in the NCR and unknown officials of various financial institutions.

The CBI said the action was in compliance with the directions of the Supreme Court.

The central investigation agency conducted searches at 47 premises across NCR.

Thousands of homebuyers in the national capital region, cheated by builders/developers and further aggrieved by the coercive actions of financial institutions, have approached the Supreme Court by ...