 conducted raids at Delhi-based Earth Infrastructures Limited (EIL), accused of defrauding over 19,000){kind=link}
Enforcement Directorate uncovers massive real estate scam involving thousands of investors across NCR.
April 11, 2026: The Enforcement Directorate (ED) conducted raids at Delhi-based Earth Infrastructures Limited (EIL), accused of defrauding over 19,000 homebuyers and investors. According to officials, the company allegedly collected around ₹2024.45 crore by promising timely delivery of residential and commercial units along with assured returns, but failed to fulfill its commitments. Searches carried out across multiple locations in Delhi and Gurugram led to the seizure of ₹6.3 crore in cash, jewellery worth ₹7.5 crore, along with silver bullion and luxury watches.
The money laundering investigation stems from multiple FIRs filed by the Economic Offences Wing (EOW) under charges of cheating, criminal breach of trust, and conspiracy. Additionally, the Serious Fraud Investigation Office (SFIO) has filed a complaint under the Companies Act against the company’s promoters and directors. ED officials revealed that the Earth Group launched several real estate projects across Delhi-NCR, Gurugram, Greater Noida, and Lucknow, including developments such as Earth Towne, Earth Sapphire Court, and Earth Iconic, many of which remain incomplete or undelivered.
Investigations have further uncovered that funds collected from buyers were diverted for land purchases in multiple states, routed through shell companies, and used for personal gains. The agency has identified key individuals, including Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta, and Vikas Gupta, as central figures in the alleged fraud. Authorities say further investigation is underway to trace assets and ensure accountability in what is being described as a major real estate scam.