ED provisionally attached 389 immovable properties worth ₹240.03 Crore
The Enforcement Directorate (ED) has provisionally attached 389 immovable properties worth over ₹240 crore linked to Bhasin Infotech and Infrastructure Pvt. Ltd. and its directors. The action follows allegations of fraud involving a real estate project in Greater Noida where investors were promised returns that were never delivered.
Why it matters
This enforcement action highlights ongoing efforts by Indian authorities to combat financial fraud and money laundering within the real estate sector.
Directorate of Enforcement (ED) on Monday (July 21, 2026) said it provisionally attached 389 immovable properties worth ₹240.03 Crore (present market value is more than ₹700 Crore) under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a money laundering case.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in