NEW DELHI: Cracking the whip against errant builders, the Enforcement Directorate (ED) attached three properties worth Rs 15.40 crore in Farrukh Nagar in Haryana's Gurugram district, owned by Savyasachi Infrastructure, which allegedly duped home buyers and failed in timely delivery of dwelling units after collecting booking amounts, an official said on Thursday.
"The ED's Gurugram Zonal Office has provisionally attached the three immovable properties under the provisions of Prevention of Money Laundering Act, 2002, " the official said in a statement.
The money laundering probe against Savyasachi Infrastructure Private Limited and others was initiated by the ED investigation based on three FIRs registered by the Haryana Police and Delhi Police's Economic Offences Wing under various sections of the IPC, 1860, against Savyasachi Infrastructure Private Limited, its Director Vijay Rajan and others.
Savyasachi Infrastructure floated township and shop-cum-office (SCO) schemes, namely 'Amaya Greens Project, 'Amaya Greens Extension', and 'Amaya Bazar, wherein plot buyers could book different-sized plots/flats/SCOs, and collected the money from the investors in lieu of giving them properties in their above said three different projects situated at Sector-3 in Farrukh Nagar and later on, the company could neither fulfil its promise nor returned the money of the investors.
During the investigation, it is revealed that in 2019, Savyasachi Infrastructure Private Limited commenced bookings on the basis of false representations, without possessing mandatory licences from government authorities, approvals, or ownership rights over the land proposed to be developed.