The Directorate of Enforcement (ED), through its Headquarters Investigation Unit (HIU) in New Delhihas issued a Provisional Attachment Order (PAO) under the Prevention of Money Laundering Act (PMLA), 2002, attaching assets worth ₹634.12 crore linked to the controversial Unitech Limited Golf & Country Club (UGCC) project in Noida.

According to the agency, the attached properties are connected to the Unitech Golf & Country Club project located across Sectors 96, 97 and 98 in Noida. Officials said the action forms part of an ongoing money laundering investigation to alleged fraud involving thousands of homebuyers.

The ED stated that the attached assets are linked to projects having an estimated market value of around ₹8,115 crore. With the latest attachment, the total value of assets attached in the larger Unitech- investigation has now reached ₹2,281.07 crore.

Investigators allege that funds collected from homebuyers were diverted and misused, resulting in severe delays and financial distress for buyers who had invested in residential and commercial projects launched by the company years ago.

The Unitech case has remained one of India’s most high-profile real estate and homebuyer fraud investigations, drawing scrutiny from multiple agencies and courts over alleged diversion of funds, stalled housing projects and financial irregularities. Thousands of buyers across several cities have for years sought possession of flats and refunds linked to delayed or incomplete projects.

The Enforcement Directorate has been probing the money trail under provisions of the PMLA following earlier investigations and complaints alleging cheating, criminal conspiracy and large-scale diversion of homebuyer funds.

Officials said the latest provisional attachment includes land parcels and project- assets associated with the UGCC development in Noida. The attached properties cannot be sold, transferred or otherwise dealt with without permission from the authorities during the pendency of proceedings.

The ED has in previous phases of the investigation attached several other movable and immovable assets linked to the company and associated entities as part of efforts to trace alleged proceeds of crime.

Real estate fraud cases involving delayed projects and diversion of customer funds have increasingly become a major enforcement focus in India, particularly after repeated complaints from homebuyers in NCR and other metropolitan regions.

Further investigation into financial transactions, asset ownership and alleged laundering of funds is continuing. The agency is also expected to examine additional financial linkages connected to the broader Unitech group investigation.