Overview
- The Enforcement Directorate issued a provisional attachment order on Friday, May 29, 2026, for Rs 634.12 crore covering leasehold rights over about 347.83 acres in Noida Sectors 96–98 and certain consortium-held equity in the Unitech Golf & Country Club project.
- The agency describes the attached assets as proceeds of crime and says their present fair market value is roughly Rs 8,115 crore while the provisional attachment records Rs 634.12 crore.
- ED's money‑laundering probe, which draws on 76 FIRs filed by Delhi Police and the CBI, found Unitech received about Rs 16,075.89 crore and alleges roughly Rs 7,794.35 crore was diverted for non‑mandated purposes.
- Investigators allege Sungrace Products (Uflex Group) and CIG Infrastructure retained substantial economic interest in the UGCC project without matching financial contribution, and the attachment covers equity held through special purpose company and consortium structures.
- The provisional order is an interim PMLA measure that follows earlier ED attachments totalling about Rs 2,281.07 crore across 1,296 properties and will be subject to court adjudication as authorities seek restitution for roughly 22,000 delayed homebuyers.