Face2News/New Delhi
Directorate of Enforcement (ED), Delhi Zonal Office has issued a Provisional
Attachment Order (PAO) attaching immovable properties belonging to M/s. Raheja
Developers Ltd. under the provisions of Prevention of Money Laundering Act( PMLA),
2002. The total estimated current market value of the attached properties is
approximately Rs. 782.36 Crore.
ED is conducting an investigation against M/s Raheja Developers Ltd., its
Director Navin M. Raheja, and other associated persons under the provisions of the
Prevention of Money Laundering Act (PMLA), 2002. The present case relates to
multiple FIRs registered by the Economic Offences Wing (EOW) on the basis of
complaints filed by numerous homebuyers who were allegedly defrauded.
During the course of investigation, it has been revealed that M/s Raheja
Developers Ltd. collected funds amounting to approximately Rs. 2,425.99 Crore from
around 4,600 homebuyers in connection with various real estate projects launched
under the pretext of providing residential units.
Earlier, properties having an estimated market value of Rs. 1,113.81 Crore
were attached vide PAO dated 28.04.2026, followed by the attachment of properties
valued at Rs. 503.48 Crore vide PAO dated 15.06.2026. With the present provisional
attachment, the cumulative estimated market value of the properties attached in the
instant case stands at approximately Rs. 2,399.65 Cro