The Enforcement Directorate (ED) on Saturday conducted fresh searches at the premises of real estate company Raheja Developers as part of a money laundering investigation linked to alleged fraud involving homebuyers, officials said. Officials said around seven premises in Delhi-NCR were being covered under the action.
The fresh searches are being conducted in connection with alleged fraud involving homebuyers and the non-delivery of flats in the company’s Raheja Revanta project, officials added. The agency had earlier raided the company in June 2025 after allegations surfaced against its owners.
The probe pertains to allegations that the developer collected around Rs 2,500 crore from homebuyers, particularly for the Raheja Revanta project, but failed to deliver flats within the committed timelines.
According to officials, the agency is examining allegations of fund diversion, financial irregularities and fraud after thousands of buyers complained of non-delivery despite making substantial payments.
The case came to light after multiple FIRs were filed by the Delhi Police’s Economic Offences Wing (EOW), alleging that the company cheated investors through various group housing projects.
Earlier action was taken in June 2025 when the ED seized “incriminating” documents and assets linked to the firm.
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