The Gurugram office of the Enforcement Directorate has taken action against M/s Ramprastha Promoters and Developers Private Limited (RPDPL) and its associated entities in a major money laundering case. ED has temporarily attached movable and immovable properties worth about Rs 80.03 crore.
The Enforcement Directorate (ED) took this action on December 17 under the Prevention of Money Laundering Act (PMLA) 2002. The attached properties include movable and immovable properties of Vatika Group, Unitech Group and other related entities. Investigation has revealed that instead of investing the money collected from home buyers in projects, it was diverted to other companies and transactions.
Builder projects were launched between 2008 and 2011
ED had started investigating this case on the basis of several cases registered by EOW of Delhi and Haryana Police. In this case, it was alleged that Ramprastha Group and its promoters defrauded thousands of flat and plot buyers. People were promised flats and plots within the stipulated time, but even after 10 to 14 years, people have not been given their houses. Investigation revealed that between 2008 and 2011, Ramprastha Group had launched several projects like Project Edge, Project Skies, Project Rise and Ramprastha City in Sectors 37D, 92, 93 and 95 of Gurugram.
Rs 1100 crores were defrauded from 2600 buyers
In these projects, possession was promised in 3-4 years. ED investigation revealed that the company defrauded more than 2600 home buyers of about Rs 1100 crore. But instead of using this money to complete the project, it was transferred to group and non-group companies in the name of loans, advances and land deals. In this case, ED has already arrested two directors of the company, Arvind Walia and Sandeep Yadav on 21 July 2025. Both are currently in jail.
ED, Gurugram Zonal Office has provisionally attached movable and immovable properties worth Rs 80.03 crore on 17.12.2025 under PMLA, 2002 in a case relating to M/s Ramprastha Promoters and Developers Private Limited (RPDPL) and its associated entities. attached pic.twitter.com/3DRqNEaEVO
— ED (@dir_ed) December 19, 2025
Assets worth Rs 866 crore attached so far
ED had earlier conducted search and seizure operation in this case and frozen and attached bank balance, movable and immovable properties worth about Rs 786 crore. Now after the new attachment of Rs 80.03 crore, a total of assets worth Rs 866 crore have been attached in this case. ED says that the investigation of the case is still going on. In future, other properties of these builders will also be attached.
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