Ahmedabad real estate fraud investigation reveals an ₹11.3 crore misappropriation case involving two managing partners in a Sola-based housing development.

The Enforcement Directorate arrests a former Lodha Developers director in an INR 85 crore money laundering case. Here’s a clear breakdown of the allegations, legal provisions under PMLA, timeline of events, and what it means for India’s real estate sector.