New Delhi

The Enforcement Directorate on Saturday carried out fresh searches against Raheja Developers as part of a money laundering probe linked to alleged fraud involving homebuyers, officials said.

According to officials, around seven premises across the Delhi-NCR region were covered during the operation. The agency had earlier searched the company, its promoters and others in June 2025 in connection with a similar investigation.

The latest action relates to allegations of fraud with homebuyers and non-delivery of flats in the company’s Raheja Revanta project.

Raheja Developers, however, denied any wrongdoing in the matter. In a statement, the company said it had invested substantially more than the amount collected from customers, and claimed a RERA-supervised forensic audit had found no diversion of funds.

The company said delays in the project were mainly due to the absence of essential government infrastructure despite full payment of external and internal development charges.

It added that possession in the 61-storey structure could not be handed over safely without key services such as water supply, electricity, sewerage and firefighting systems.

READ MORE: Baba Bihari Singh's 'Kanyadaan' for Soni Khatun moves netizens

Raheja Developers has undertaken several housing projects in Delhi-NCR, particularly in Gurugram, though some of its developments have faced delays due to financial constraints.