Big action by ED in real estate scam, property worth Rs 82 crore of Ansal Hub-83 project of Gurugram attached.

Tezzbuzz Desk – Gurugram zonal office of the Enforcement Directorate, taking strict action in a major money laundering case, has temporarily attached immovable properties worth about Rs 82 crore. This action has been taken in the alleged real estate scam related to Ansal Hub-83 commercial project located in Sector-83, Gurugram.

Spread over 2.47 acres, the project includes 147 shops, 137 office spaces and 2 restaurant units. But for a long time neither the investors got the possession nor the project was completed, due to which the matter became serious.

Investigation started on the basis of FIR

The investigation of this case started after the FIR registered in June 2023, which was registered by the Haryana Police. The complaint accused the promoters and senior officials of Ansal Housing Limited (formerly Ansal Housing and Construction Limited) of conspiracy and fraud.

The company’s whole-time director Kushagra Ansal along with associated companies like Samyak Projects Pvt Ltd and Akanksha Infrastructure Pvt Ltd are also involved in the allegations.

The complaint was made on behalf of HUB-83 Allottee Welfare Association, which represents more than 1000 investors. These investors had invested their savings in this project.

Serious irregularities revealed in investigation

Many shocking facts came to light in ED’s investigation.

• The sale of units was started even before the necessary government approvals were obtained.
• Even after the license expired in December 2015, it was not renewed, yet money continued to be taken from investors till September 2023.
• Investors were promised timely possession and modern facilities, but even after nearly 15 years the project remains incomplete.
• Till now occupation certificate has not been issued and no one has been given valid possession.
• It is alleged that instead of spending on the project, the investors’ money was used for other purposes and personal gains.

Many investors also lodged complaints in this matter with Haryana Real Estate Regulatory Authority (HRERA), but as no solution was found, the matter moved forward.

The investigation revealed that between 2011 and 2023, an amount of more than Rs 82 crore was recovered from investors. There is a fear that if the properties were not attached, they could have been sold or transferred and the evidence could have been influenced.