Supreme Court to probe builder bank nexus as homebuyers get trapped in subvention loan fraud

Petitions allege builders walk away and banks chase dues

Homebuyers across NCR say subvention schemes have turned into debt traps: builders allegedly abandon projects while banks pursue repayments. With more than 1,200 petitions filed, the Supreme Court is now examining whether a wider, allegedly fraudulent loan arrangement is driving the crisis—pushing the issue beyond individual disputes toward systemic wrongdoing.