LUCKNOW: In fresh action against real estate player, the Amrapali Group, the Enforcement Directorate (ED) provisionally attached immovable properties worth Rs 99.26 crore for fraudulently diverting and misappropriating homebuyers’ funds, an official said on Saturday.
The immovable properties attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 include the office and factory land and building of Mauria Udyog Ltd., which is one of the entities of the Sureka Group, whose promoters are Navneet Sureka and Akhil Sureka.
The aggregate fair market value of the seized office and factory land and building was Rs. 99.26 crore as on December 30, 2016, the ED said in a statement.