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As dream homes turn into debt traps, SC steps in to nix builder-bank nexus

Across NCR, thousands of homebuyers are being trapped by the subvention schemes, wherein they have been abandoned by builders and hounded by banks. Their collective frustration, over 1,200 petitions, has reached the Supreme Court, which is now examining a larger crisis rooted in an allegedly fraudulent loan scheme. 

Read More  Corporate Governance-Prime-Economic Times