Hyderabad, Nov. 12 -- The Telangana High Court has sought explanations from companies associated with Hyderabad-based Spectra Group over allegations of cheating more than 10,000 property buyers and investors in a real estate scam which is estimated at over Rs 5,000 crore.

It came after a city-based NGO, The Right Society, filed a Public Interest Litigation (PIL) against the companies.

Directing the companies to respond to the PIL, a division bench of Acting Chief Justice P Sam Koshy and Justice Suddala Chalapathi Rao posted the matter for further hearing.

Senior counsel B Rachana Reddy, representing the petitioner, alleged that several companies under the Spectra Group had raised huge sums from the public since 2015. She said that the ...