ED raids Raheja Developers' premises in ₹2,500 crore fraud case

ED on Saturday raided multiple premises linked to Raheja Developers across Delhi-NCR, regarding an alleged ₹2,500 crore homebuyer fraud. The probe follows allegations that the developer collected the amount from around 4,500 homebuyers but failed to deliver flats within committed timelines. Delhi Police initially registered the case, and ED later took over the matter, initiating action under PMLA.