ED attaches Rs 834 cr land of Emaar India, MGF Developments under PMLA

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ED attaches Rs 834 cr land of Emaar India, MGF Developments under PMLA - Business Standard

Quick Summary:

The attached properties, spanning 401.

The properties, which span 401.65 acres, are located in Gurugram, Haryana, and Delhi, according to a post by the economic intelligence agency on the social media platform X (formerly Twitter) on August 29.

This attachment is part of an ongoing investigation into allegations of money laundering related to the issuance of licence no 97/2010, dated September 18, 2010, by the Department of Town and Country Planning (DTCP) for a residential plotted colony in sectors 65 and 66 of Gurugram.