The Enforcement Directorate (ED) has provisionally attached immovable properties worth ₹124.57 crore belonging to RS Infrastructure, Kenwood Mercantile, Goodfaith Builders and other suspects in a case related to Religare Finvest Limited and others.
The properties are in the form of land and farmhouse(s) located in the posh areas of Gurugram and Delhi.
The agency, in a statement, said Kenwood Mercantile and Goodfaith Builders were entities belonging to the M3M group, a Gurugram-based realtor. “Land measuring 430 acres in Gurugram/Faridabad belonging to the entities of M3M group has been provisionally attached (it) being the proceeds of crime (PoC) flowing through a maze of companies to the M3M group,” it said.
