India, March 21 -- The Central Bureau of Investigation (CBI) on Friday filed three FIRs against the developers of Noida's Sports City projects over alleged irregularities in the land allotment process, resulting in a suspected loss of almost Rs.9,000 crore to the state exchequer, senior agency officials have said.

The FIRs came after the Allahabad high court, in its ruling on February 24, ordered a comprehensive investigation by the CBI and the Enforcement Directorate (ED) into the role of developers, consortium members, and Noida authority officials in a conspiracy to misappropriate homebuyers' funds and defraud the state exchequer.

A division bench comprising justices Mahesh Chandra Tripathi and Prashant Kumar delivered 10 separate ju...