ED finds 400 acres of Manesar land bought at throwaway prices

It matters to citizens as it details the enforcement actions taken in the ongoing investigation into the 2015 Gurgaon Manesar Land Scam under the Prevention of Money Laundering Act, 2002.

Who it concerns: The document concerns Ravinder Taneja (Chairperson of TDI Group), the TDI Group companies (including TDI Infratech Ltd and TDI Infrastructure Ltd), the Atul Bansal group (ABWIL), and the Directorate of Enforcement (ED).

What the ED says it did

• ED conducted search operations on 28.09.2026 at business and residential premises linked to Ravinder Taneja in New Delhi and S.A.S. Nagar.
• The searches were part of an ongoing PMLA, 2002 investigation into the Gurgaon (Manesar) Land Scam, which originated from an FIR filed by the CBI.
• ED identified the TDI group as an intermediary that purchased land from farmers at low prices during the 2005-2007 acquisition period and sold it to the Atul Bansal group at high profits.
• The TDI group allegedly used three specific companies (Indo Asian Construction Co. Pvt. Ltd., NCR Properties Pvt. Ltd., and Divya Jyoti Enterprises Pvt. Ltd.) to purchase nearly 33 acres of land.
• During the search, which lasted over three days, ED seized dozens of project records, files, digital devices, computers, hard disks, servers, and luxury vehicles identified as Proceeds of Crime.
• The examination of seized records and the financial affairs of the TDI group is currently under process.

Also in the document

• The investigation revealed that over 400 acres of state-notified lands in Manesar, Naurangpur, and Lakhnoula villages were purchased by private builders and intermediaries from farmers at 'throwaway prices' due to fear of acquisition by HSIIDC.
• The land acquisition process was allowed to lapse, the award was dropped, and the lands were subsequently sold by intermediaries at skyrocketing prices.
• Records related to irregularities and illegalities in other projects also surfaced during the search and are being further examined.