ED Attaches Raheja Developers’ Properties Worth ₹500 Crore in Homebuyers’ Money Laundering Probe

June 16, 2026 : The Directorate of Enforcement (ED) has provisionally attached immovable properties worth more than ₹500 crore belonging to Raheja Developers Limited, along with properties held in the names of its Director, Navin M. Raheja, and his family members. The action has been taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

The investigation is based on complaints filed by a large number of homebuyers regarding various residential real estate projects launched by the company. According to the ED, the total estimated current market value of assets attached in the case so far exceeds ₹1,617 crore.