ED raids TDI Group premises in Manesar land scam probe under PMLA
Synopsis
The ED has raided TDI Group's premises across New Delhi and Mohali for over three days, seizing documents, digital devices, and luxury vehicles in the Manesar land scam case. At the heart of the probe: allegations that 400-plus acres of Haryana farmland earmarked for state acquisition were bought cheap and flipped for profit — with TDI Group allegedly acting as a key intermediary.
Key Takeaways
The ED Chandigarh Zonal Office searched business and residential premises linked to Ravinder Taneja , Chairperson of TDI Group , under PMLA, 2002 .
More than 400 acres of state-notified land in Manesar , Naurangpur , and Lakhnoula were allegedly acquired cheaply from farmers and later sold at higher prices.
TDI Group allegedly used three companies to purchase nearly 33 acres between 2005 and 2007 and sell to the Atul Bansal group at a profit.
Searches lasting more than three days covered New Delhi and Mohali ; seized items include digital devices , servers, and luxury vehicles .
The money laundering case is linked to an earlier CBI FIR ; examination of seized materials is ongoing.
The Directorate of Enforcement (ED), Chandigarh Zonal Office, has conducted search operations at multiple business and residential premises linked to Ravinder Taneja, Chairperson of the TDI Group and Managing Director of several group companies, in connection with the ongoing Gurgaon (Manesar) land scam investigation under the Prevention of Money Laundering Act (PMLA), 2002. The searches, which spanned more than three days, covered locations in New Delhi and Mohali and resulted in the seizure of documents, digital devices, and luxury vehicles.
Background: The Manesar Land Scam
According to the ED, the investigation has revealed that more than 400 acres of state-notified land across Manesar, Naurangpur, and Lakhnoula villages — earmarked for acquisition in 2007 — were allegedly purchased by private builders and intermediaries from farmers at artificially low prices. The sellers reportedly parted with their land cheaply due to fears of compulsory acquisition by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).
The agency alleged that the land acquisition process was subsequently allowed to lapse, the acquisition award was dropped, and the land was later sold at substantially higher prices, generating significant profits for those involved.
TDI Group's Alleged Role
The ED has identified the TDI Group, led by Ravinder Taneja, as one such intermediary in the alleged transactions. According to the investigation, during the land acquisition period between 2005 and 2007, the TDI Group allegedly used three companies — Indo Asian Construction Co. Pvt. Ltd., NCR Properties Pvt. Ltd., and Divya Jyoti Enterprises Pvt. Ltd. — to purchase nearly 33 acres of land from farmers and subsequently sell it to the Atul Bansal group at a profit.
The TDI Group's investigation is directly linked to its alleged transactions with Atul Bansal and the ABWIL-led group of companies during the period under scrutiny. The money laundering investigation stems from a First Information Report (FIR) registered by the Central Bureau of Investigation (CBI).
What Was Seized During the Raids
During the multi-day searches, ED officials reportedly recovered records related to alleged irregularities and illegalities in other projects, which are being examined further. The agency stated that dozens of project records, files, digital devices, computers, hard disks, servers, and luxury vehicles identified as alleged proceeds of crime were seized in the course of the operations.
What Happens Next
The ED confirmed that examination of the seized records, assets, and financial affairs of TDI Group companies is currently under way and will form part of the ongoing investigation. This case is part of a broader pattern of enforcement action against real estate developers implicated in land-related financial irregularities in the National Capital Region (NCR). The findings from the seized materials could potentially widen the scope of the probe.
Point of View
Enabling well-connected builders to profit from the arbitrage. What makes this probe notable is the three-company layering allegedly used to disguise the transactions — a structuring pattern the ED tends to treat as evidence of deliberate concealment. The CBI-to-ED pipeline here is also worth watching: PMLA proceedings can result in attachment of far larger assets than the underlying criminal case, which means the financial exposure for TDI Group could significantly exceed the land-flip profits themselves. Whether the seized materials connect TDI Group to broader irregularities beyond the 33 acres will determine the true scale of the enforcement action.
NationPress
2 Oct 2026
Frequently Asked Questions
What is the Manesar land scam that the ED is investigating?
The Manesar land scam involves allegations that more than 400 acres of state-notified land in Manesar, Naurangpur, and Lakhnoula villages — earmarked for HSIIDC acquisition in 2007 — were allegedly bought from farmers at low prices and later sold at significantly higher prices after the acquisition process was allowed to lapse. The ED is investigating the financial transactions as money laundering under PMLA, 2002.
What is TDI Group's alleged role in the Manesar land case?
The ED has identified TDI Group, led by Ravinder Taneja, as an alleged intermediary that used three companies — Indo Asian Construction Co. Pvt. Ltd., NCR Properties Pvt. Ltd., and Divya Jyoti Enterprises Pvt. Ltd. — to buy nearly 33 acres from farmers between 2005 and 2007 and sell it to the Atul Bansal group at a profit. These transactions are under scrutiny as potential proceeds of crime.
What was seized during the ED raids on TDI Group premises?
During the multi-day search operations across New Delhi and Mohali, ED officials seized dozens of project records, files, digital devices, computers, hard disks, servers, and luxury vehicles identified as alleged proceeds of crime. Records relating to alleged irregularities in other TDI projects were also reportedly recovered.
How long did the ED searches at TDI Group premises last?
The ED searches continued for more than three days, covering business and residential premises linked to Ravinder Taneja in New Delhi and Mohali. The examination of seized materials is ongoing and will form part of the broader money laundering investigation.
What is the connection between the CBI FIR and the ED's money laundering probe?
The ED's investigation under PMLA, 2002 is directly linked to a First Information Report registered by the CBI. In such cases, the CBI handles the predicate criminal offence while the ED investigates the financial flows arising from it, with the power to attach assets identified as proceeds of crime.
