Enforcement Directorate Conducts Fresh Raids on Raheja Developers
The Enforcement Directorate (ED) has launched a fresh investigation into Raheja Developers, a real estate company, in connection with alleged money laundering tied to a fraud with home buyers.
Searches Conducted Across Delhi-NCR
Nearly seven premises in Delhi-NCR are being targeted as part of the operation, marking the second time the agency has taken action against the company and its associates.
Previous Raids in June 2025
- Previous raids were conducted in June 2025 as part of a similar investigation.
- The agency had seized incriminating documents, digital devices, and records related to movable and immovable assets.
Allegations of Fraud and Non-Delivery of Flats
The investigation revolves around the company's project 'Raheja Revanta', where home buyers allegedly suffered due to non-delivery of flats.
Findings Point to Suspected Diversion and Misuse of Funds
The findings from the earlier raids have led to the ongoing money laundering investigation, which points to suspected diversion and misuse of funds collected from buyers.