Directorate of Enforcement (ED), Delhi Zonal Office has conducted search operations
on 27/06/2025 at 13 locations in Delhi, NCR and Mohali under the provisions of the
Prevention of Money Laundering Act (PMLA), 2002 in an ongoing investigation against M/s.
Raheja Developers Ltd., its Directors, and others.
ED initiated investigation on the basis of multiple FIRs registered by the Economic
Offences Wing, Delhi, under various sections of IPC, 1860, against M/s. Raheja Developers
Ltd., its Managing Director Naveen Raheja, and others. The FIRs allege that substantial
sums were fraudulently collected from investors and homebuyers by M/s. Raheja Developers
Ltd on the promise of delivering residential flats in various group housing projects but failed
to hand over the promised flats.
During the searches, several incriminating documents, digital devices, and details of
movable and immovable properties were found and seized.
