CBI Files Charges Against Delhi-Based Real Estate Firm AVJ, Bankers

CBI files charges against Delhi-based real estate firm AVJ, bankers

AVJ is currently under corporate insolvency resolution process. An email query sent to CIRP resolution professional of AVJ remained unanswered.

CBI files charge sheet in builder-bank nexus case

The agency alleged a conspiracy by public servants and other private persons to induce homebuyers and investors through false assurances and fraudulent representations

CBI unearths builder-bank nexus in homebuyers fraud case, files chargesheet

New Delhi, May 6, 2026 The Central Bureau of Investigation (CBI) has filed a chargesheet in a major homebuyers fraud case, unearthing an alleged nexus between builders, bank officials and proxy buyers that led to significant financial losses for both financial institutions and innocent homebuyers. According to CBI, the chargesheet has been filed against M/s AVJ Developers (India) Pvt Ltd, M/s AVJ Developers Pvt Ltd, M/s Kesar Builders Pvt Ltd, t…