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Enforcement Directorate Returns ₹650 Crore Assets to Over 2,300 SRS Realty Project Homebuyers
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ED Restores Rs 650 Crore Assets to 2,300+ SRS Realty Home Buyers
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News18
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17-03-2026, 18:30
ED Restores Rs 650 Crore Assets to 2,300+ SRS Realty Home Buyers
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The Enforcement Directorate (ED) restored immovable assets worth Rs 650 crore to over 2,300 home buyers.
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The assets were restored as part of a money laundering probe against Faridabad-based SRS Group.
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A special provision in the PMLA in Gurugram allowed the federal probe agency to take this step.
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SRS Group promoters allegedly duped investors by promising high returns on residential and commercial projects.
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Funds were laundered through hundreds of shell companies created by SRS Group.
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