ED Tightens Noose on Realty Firm, Moves Court in ₹126-Crore Money Laundering Case

The Enforcement Directorate has filed a supplementary prosecution complaint against a real estate company in connection with a ₹126-crore money laundering case, stepping up its crackdown on alleged financial irregularities in the property sector.

According to officials, the latest filing under the Prevention of Money Laundering Act (PMLA) places additional material and evidence before the court, strengthening the agency’s case against the firm and its promoters. The probe relates to suspected diversion of funds, questionable transactions and alleged proceeds of crime linked to real estate projects.

The development underscores heightened regulatory scrutiny of developers, particularly those accused of misusing investor funds or routing money through complex corporate structures. Investigators said further action, including attachment of assets and additional questioning, could follow based on the court’s observations.

The case adds to a growing list of enforcement actions in the real estate sector, signalling the government’s intent to tighten compliance and improve financial discipline across the industry.