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ED attaches Raheja Developers assets worth over 1110 crore in homebuyers fraud probe
Business
Published on 28 April 2026
Over 4600 homebuyers funds allegedly diverted
The Enforcement Directorate has attached assets worth more than Rs 1,100 crore linked to Raheja Developers, citing a money-laundering probe into alleged fraud against homebuyers. During recent searches, the agency seized bullion and foreign currency. It alleges that money collected from over 4,600 homebuyers was siphoned off and used for purposes unrelated to the projects.
- ED attached Raheja Developers assets worth over Rs 1,100 crore
- Action stems from a money-laundering investigation over alleged homebuyers fraud
- Searches reportedly led to seizure of bullion and foreign currency
- ED alleges funds from 4600 plus buyers were diverted from projects
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times