Overview
- ED teams searched seven Raheja Developers premises in Delhi-NCR on Saturday in a probe tied to alleged cheating of homebuyers and non-delivery of flats at the Raheja Revanta project.
- The new action followed Friday’s raid at Anant Raj Limited’s Delhi office, pointing to an escalation in sector-wide enforcement.
- The investigation runs under the Prevention of Money Laundering Act and flows from FIRs by the Delhi Police Economic Offences Wing that named Raheja Developers and its managing director, Naveen Raheja.
- ED statements about earlier June 2025 raids said officers seized documents, digital devices, and asset records that suggested diversion of funds collected from buyers.
- Officials have not detailed charges and are reviewing financial records, while a recent appeals tribunal order kept insolvency proceedings alive for Raheja’s Shilas project after buyers opposed a withdrawal.