The Enforcement Directorate (ED) on Saturday said it has provisionally attached hundreds of acres of land worth ₹585 crore in Haryana and Uttar Pradesh in a money-laundering case against a Delhi-NCR-based real estate firm accused of duping homebuyers. The probe is against ADEL Landmarks Ltd. (formerly Era Landmarks Ltd.) and its promoters Hem Singh Bharana and Sumit Bharana. ADVERTISEMENTAn order was issued on Friday under the Prevention of Money Laundering Act for the provisional attachment of 340 acres of land located in Gurugram, Faridabad, Palwal and Bahadurgarh in Haryana, and Meerut and Ghaziabad in Uttar Pradesh. According to the ED, the company launched several residential group housing projects between 2006 and 2012 in Gurugram, Faridabad and Palwal, collecting ₹1,075 crore as advance booking amounts from 4,771 customers across eight projects. The probe found that substantial funds collected from homebuyers were diverted to group companies and other purposes, rather than being used for project completion, resulting in the non-delivery of flats and plots.

Source: The Telegraph January 11, 2026 18:26 UTC