ED Files Charge Sheet Against Raheja Developers in Homebuyer Case

The Enforcement Directorate has filed a charge sheet against Raheja Developers, its promoter and family members in a money-laundering case linked to alleged fraud involving homebuyers.

The agency filed the prosecution complaint before a special Prevention of Money Laundering Act court in Saket, Delhi, on 6 November 2026, according to Moneycontrol. It has also sought confiscation of assets with a reported current market value of ₹2,399.65 crore.

The filing sets out allegations that must be considered through the legal process. It is not a finding of guilt, an order granting confiscation or an announcement that buyers will receive refunds.

Read the report on the filing and the agency’s allegations here -> Homebuyers 'fraud' case: ED files charge sheet against Raheja builders, promoters' family.

What the ED alleges

The investigation follows complaints that buyers paid for residential and commercial units but did not receive possession or refunds, according to the report.

The projects named in the reporting include Raheja Revanta, Atlantis, Navin Minar and The Delhi Mall. Inclusion in the report does not establish the position of every allottee or unit in those projects.

The ED alleged that Raheja Developers collected ₹2,699 crore from approximately 4,600 homebuyers and investors across residential and commercial projects in Delhi and Gurugram. It identified ₹1,353.26 crore as alleged proceeds of crime.

According to the agency’s account reported by Moneycontrol, that amount comprises ₹1,175.86 crore allegedly taken from project, escrow and RERA accounts for purposes other than construction, and ₹177.40 crore allegedly collected in cash outside registered agreements.

Those figures describe the agency’s allegations in the case. They do not establish how much, if anything, an individual buyer might recover.

What the company has said

In April 2026, responding to an earlier stage of the investigation, Raheja Developers denied fraud and fund diversion in the Revanta project. The company said it had invested more than it collected from customers and referred to a RERA-supervised forensic audit.

Moneycontrol also reported the company’s position that Revanta’s delay was primarily caused by the absence of essential government infrastructure despite payment of required charges.

Read the company’s earlier response here -> ED raids Raheja Developers in Rs 2,500 crore homebuyer fraud case.

That April response relates to the earlier investigation and the Revanta project. The reports reviewed for this article do not establish a company response specifically addressing every allegation in the November charge sheet.

A legal step, not a possession date

The ED’s request concerns confiscation in the money-laundering case. The reporting reviewed does not establish that the requested confiscation has been granted or that the assets will produce a particular refund for buyers.

A buyer’s position may also depend on project-specific proceedings and orders. Those should be checked separately rather than inferred from the criminal case.

Vantage has previously examined why project-specific records matter when a developer faces insolvency -> IBBI Changes Real Estate Insolvency Rules.

For affected buyers, the next developments to watch include the court’s treatment of the complaint and confiscation request, as well as verified updates relevant to their own project and allotment.

Sources

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• Homebuyers 'fraud' case: ED files charge sheet against Raheja builders, promoters' family published on 6 November 2026 in Moneycontrol.
• ED raids Raheja Developers in Rs 2,500 crore homebuyer fraud case published on 25 April 2026 in Moneycontrol.
• IBBI Changes Real Estate Insolvency Rules published on 1 November 2026 in Vantage Radar.

If you are following a delayed housing project, which verified update would be most useful to you: a project-level completion plan, the status of buyer claims or information about court proceedings? Share your perspective in the attached forum discussion.