ED Raids Delhi Builders Over Alleged 'No EMI Till Possession' Homebuyer Fraud

The Enforcement Directorate (ED) has conducted raids in Delhi targeting real estate builders accused of defrauding homebuyers. The developers allegedly lured buyers through a 'No EMI Till Possession' scheme that turned predatory. Investigators are probing a suspected nexus between banks and developers that may have been used to dupe unsuspecting homebuyers. The ED's action signals a broader crackdown on fraudulent real estate practices in the capital.
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