CBI: Announces 22nd chargesheet in homebuyers fraud cases

The Central Bureau of Investigation has listed an announcement dated 28 October 2026 saying it filed its 22nd chargesheet against a builder company and its promoter/director in the homebuyers fraud cases. The entry on the agency’s Press Releases page follows earlier announcements concerning developers, their executives and officials of banks and housing finance institutions.

The latest listing does not identify the builder, the individual accused, the housing project or the court where the chargesheet was filed. It establishes the CBI’s announcement, but does not separately specify the filing date, the alleged loss or the number of homebuyers affected.

The 22nd chargesheet is the agency’s description of a filing in the wider series of homebuyer cases. The listing does not establish that all those chargesheets concern the same builder or project. A chargesheet sets out an investigating agency’s accusations before a court; it is not a finding of guilt.

The sequence of CBI announcements

The CBI’s Press Releases page records several earlier filings under the homebuyers fraud heading. An entry dated 17 July 2026 announced the 17th chargesheet against a builder company and its directors. Another, dated 24 August 2026, listed the 18th against a builder company and its directors or officials.

The agency listed its 19th chargesheet announcement on 3 September 2026, again referring to a builder company and its directors or officials. Its 20th, dated 10 September 2026, expressly included bank officials alongside a builder company and its promoters or directors.

The next announcement, dated 28 September 2026, described the 21st chargesheet as being against promoters or directors of a builder company and its holding company. The headings alone do not supply the identities or detailed allegations for each filing.

Separate reporting on earlier chargesheets provides a fuller account of some cases within the investigation, but those details cannot be treated as identifying the defendants or allegations in the latest announcement.

Ajnara Ambrosia featured in the 20th chargesheet

The Statesman reported that the CBI’s 20th chargesheet concerned Ajnara India Limited, its promoters or directors, and 15 people associated with ICICI Bank, HDFC Bank, PNB Housing Finance and Sammaan Capital. The report described those individuals as public servants.

According to The Statesman, the investigation concerned alleged fraud linked to Ajnara Ambrosia, a housing project in Sector 118, Noida, Uttar Pradesh. Citing IANS, the publication reported that the chargesheet had been filed before the Special Judge (CBI) at the Rouse Avenue District Courts in New Delhi.

The CBI alleged that the builder and its promoters or directors induced homebuyers and investors through false assurances and misleading representations to obtain financial gains, The Statesman reported. It said the chargesheet invoked provisions of the Indian Penal Code and the Prevention of Corruption Act, 1988, concerning criminal conspiracy, cheating and criminal breach of trust.

The Statesman, citing IANS, placed that filing within an investigation initiated following Supreme Court directions into alleged diversion of funds and cheating of homebuyers by developers acting with officials of financial institutions. That is background to the investigation, rather than a judicial finding that the accused committed the alleged offences.

Earlier cases alleged misuse of housing loans

An IANS report published by ETLegalWorld on 6 May 2026 described a separate chargesheet against AVJ Developers (India) Pvt Ltd, AVJ Developers Pvt Ltd, Kesar Builders Pvt Ltd, their directors, certain officials associated with Bank of India, ICICI Bank and UCO Bank, and alleged proxy homebuyers.

According to that report, the CBI alleged that proxy or fictitious buyers misrepresented facts to banks to obtain housing loans, enabling funds to be diverted. The agency described Kesar Builders as a sister concern used to route those funds.

The CBI also alleged that bank officers bypassed established banking procedures and abused their positions, benefiting the builders while causing losses to financial institutions and genuine homebuyers, IANS reported. Its account said the chargesheet included allegations of forgery as well as conspiracy, cheating, breach of trust and misconduct by public servants.

A PTI report published by ETRealty on 13 May 2026 described another chargesheet, against Logix City Developers Pvt Ltd, its directors and officials from ICICI Bank and HDFC Bank, concerning a housing project in Noida.

In that case, the CBI alleged that bank officials facilitated the builder’s actions in violation of established norms and procedures, according to PTI. The agency attributed wrongful losses to financial institutions and homebuyers to the alleged conspiracy. Neither the PTI account nor the IANS account of the AVJ case included responses from the accused.

Those earlier reports document allegations involving lending procedures and the movement of housing-loan funds. The CBI’s 28 October listing does not say whether the 22nd chargesheet alleges the same methods, names financial institution officials, or seeks any specific recovery for homebuyers.