New Delhi: In a significant crackdown on real estate fraud, the Enforcement Directorate (ED) has provisionally attached assets worth approximately ₹557.43 crore linked to Mahira Group companies under the Prevention of Money Laundering Act (PMLA).
Real Estate FraudEdMahira GroupAsset AttachmentPmlaReal EstateJun 28, 2025
The ED has provisionally attached assets worth approximately ₹557.43 crore linked to Mahira Group companies under the Prevention of Money Laundering Act (PMLA).
The companies involved in the Mahira Group real estate scam include Mahira Infratech Pvt Ltd (formerly Sai Aaina Farms Pvt Ltd), Mahira Buildtech Pvt Ltd, and Czar Buildwell Pvt Ltd.
Over ₹616 crore was reportedly collected from around 3,700 homebuyers for the fraudulent projects.
The key accused in the Mahira Group real estate scam include Sikandar Singh, the promoter of Mahira Group; former Haryana MLA Dharam Singh Chhoker; and Vikas Chhoker.
The ED has filed a prosecution complaint before the court, which has taken cognizance of the charges. Further attachments or arrests may follow as the investigation continues.
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