ED provisionally attaches ₹1,113-crore assets in Raheja Developers case
The Enforcement Directorate has provisionally attached assets worth ₹1,113.81 crore in connection with the Raheja Developers case. The properties belong to related entities of Raheja Developers and are linked to allegations of fraud against the company and its director. The investigation follows complaints from homebuyers regarding the misappropriation of funds collected for real estate projects.
- ▪The Enforcement Directorate has attached properties valued at ₹1,113.81 crore in the Raheja Developers case.
- ▪The assets are linked to N.A. Buildwell Pvt. Ltd. and Riyasat Palaces Ltd., associated with Raheja Developers Ltd.
- ▪Raheja Developers Ltd. allegedly collected ₹2,425.99 crore from around 4,600 homebuyers under false pretenses.
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| Original publisher | The Hindu |
| Canonical URL | https://www.thehindu.com/news/national/ed-provisionally-attaches-1113-crore-assets-in-raheja-developers-case/article70917333.ece |
| Publication time | Tue, 28 Apr 2026 23:19:05 +0530 |
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The Enforcement Directorate has provisionally attached properties having current market value of ₹1,113.81 crore in Raheja Developers case, said the agency on Tuesday (April 28, 2026).The immovable properties belong to N.A. Buildwell Pvt. Ltd. and Riyasat Palaces Ltd., which are related entities of Raheja Developers Ltd., Navin M. Raheja and his family members, it said.The ED is conducting an investigation against Raheja Developers Ltd., its director Navin M. Raheja, and other associated persons. The present case relates to several First Information Reports registered by the Economic Offences Wing (EOW) based on complaints filed by homebuyers alleging fraud.According to the agency, Raheja Developers Ltd.
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