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CBI Files Fresh Chargesheet Against Builder-Promoters in Mumbai Homebuyer Fraud Case
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News18•28-09-2026, 21:30
CBI Files Fresh Chargesheet Against Builder-Promoters in Mumbai Homebuyer Fraud Case
- •The CBI has filed its 21st chargesheet against five former promoters/directors of Acme Realties Private Limited and Acme Housing India Private Limited.
- •The chargesheet relates to alleged fraudulent activities concerning the ‘Acme Boulevard’ housing project in Jogeshwari (East), Mumbai.
- •The investigation revealed that the accused builder company and its promoters allegedly defrauded homebuyers through false assurances and obtained financial benefits illegally.
- •Charges have been filed under IPC provisions for criminal conspiracy, cheating, criminal breach of trust, and dishonest receipt of stolen property.
- •The CBI is currently investigating 32 other cases involving various builder companies and financial institutions for alleged cheating and diversion of funds from homebuyers, having previously filed 20 chargesheets in similar cases.
Key Questions Answered
The 21st chargesheet has been filed against five erstwhile promoters and directors of Acme Realties Private Limited and its holding firm, Acme Housing India Private Limited, regarding the 'Acme Boulevard' housing project in Jogeshwari (East), Mumbai.
The chargesheet has been filed before a special CBI court in Mumbai under Indian Penal Code provisions for criminal conspiracy, cheating, criminal breach of trust, and dishonest receipt of stolen property.
The CBI is presently investigating 32 other cases registered upon the directions of the Supreme Court against various builder companies and unidentified financial institution officials involving alleged cheating and fund diversion.
