ED Uncovers Fund Diversion in Raheja Developers Case; Assets Worth ₹1,113 Crore Attached
The total estimated current market value of the attached properties is about ₹1,113.81 crore.
The total estimated current market value of the attached properties is about ₹1,113.81 crore.
The Enforcement Directorate today carried out searches at seven locations across NCR, including Noida, Greater Noida, Sainik Farms and New Friends Colony. The raids targeted premises linked to Raheja Developers, its Managing Director Naveen Raheja, his son Nayan Raheja, and other associated entities.
The twin action, both under the Prevention of Money Laundering Act (PMLA), signals a broader crackdown on alleged financial irregularities and homebuyer-linked fraud cases.
