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NDTV PROFIT - LATEST · INDIAN ·

ED Attaches Rs 500-Crore Assets In Raheja Case, Uncovers Large-Scale Funds Diversion

As reported by NDTV Profit - Latest
ED says Raheja Developers raised about Rs 2,426 crore from homebuyers and diverted a substantial portion away from project development.
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The Enforcement Directorate has attached assets worth Rs 500 crore in a case involving Raheja Developers. The ED alleges that Raheja Developers collected approximately Rs 2,426 crore from homebuyers but diverted a significant portion of these funds instead of using them for…

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