ED's most important action on Rampraastha Group in Gurugram, assets worth 827 crores; Money laundering case is the case - NCR ED attaches 255 crore rupees assets from RamprasTha Group in Gurgaon Gurgaon News

Updated: Fri, 19 Sep 2025 03:40 am (IST) The maintenance directorate in Gurugram attached assets worth Rs 255.28 crore while taking major action against Rampraastha promoters. These steps were taken under PMLA 2002. The company is accused of not giving them homes on time, although they have taken money from thousands of flat buyers. The directors of the company have already been arrested in this case and the investigation is still underway. Dialogues Associate, Naya Gurugram. The Gurugram Zonal Office of the Enforcement Directorate (ED) took large steps against the Rampraastha Promoters and Developers Private Limited (RPDPL) and its directors/group companies. On Wednesday, the temporary attachment orders attached to the Prevention of Money Laundry Act (PMLA) 2002 on Wednesday, attached assets worth approximately Rs 255.28 crore. Remove ad, just read the news. Ed action contains different plots, land, residential plains, commercial buildings. Earlier, the ED in this case frozen bank accounts, moving and immovable properties. The total seizure on assets has now reached Rs 827.49 crore. ED examination is based on several FIRs submitted by the Economic Missions Branch (Eow) Delhi and Haryana police. It is alleged that Rampraastha Group and its promoters did not give homes or plots on time, despite the fact that thousands of buyers were taken with flat/plots. The projects are incomplete, even after 10-14 years have passed. Investigation revealed that between 2008 and 2011, the company had launched schemes such as Project Edge, Project Sky, Project Rise and Ramprastha City in Sector 37D, 92, 93 and 95 of Gurugram. The company has repaired about Rs 1100 crore of more than 2,600 buyers, but instead of building homes as promised, the group companies were transferred to the group companies and were transferred in other works. The ED Arvind Walia and Sandeep Yadav, director and major shareholders of Ramprasta Group on July 21, arrested in the same case. Both are currently in judicial custody. The ED says further investigation is underway.