India, March 12 -- The Supreme Court on Wednesday pulled up the CBI for its investigation into the "unholy nexus" between banks and developers to allegedly dupe homebuyers in Delhi-NCR and other parts of the country, saying prolonging the probe will lead to more agony for the flat buyers.

A bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi took exception to CBI's statement that some of the cases where homebuyers have been defrauded under the subvention scheme be transferred to State agencies for investigation.

The bench, which refused to transfer those cases to the State agencies, asked the CBI to probe all cases and convert the preliminary enquiries into regular cases.

"This court cannot wait for an i...