The Enforcement Directorate (ED) has conducted searches against two real estate firms in the Delhi-National Capital Region (NCR) and identified assets worth thousands of crores. The ED, a financial crime investigation agency under the Department of Revenue, Ministry of Finance, took action as part of its probe into alleged money laundering activities by these firms. The searches were conducted at multiple locations in Delhi and NCR, revealing a significant amount of undisclosed assets. The ED’s investigation focused on the firms’ financial transactions, including their dealings with various individuals and entities. The agency is looking into possible violations of the Prevention of Money Laundering Act (PMLA) by these real estate companies. The ED’s findings indicate a substantial value of assets that may have been acquired through illegal means. This development underscores the government’s commitment to cracking down on financial crimes and ensuring compliance with anti-money laundering laws. It also serves as a warning to other entities engaged in similar activities. The ED’s efforts to uncover undisclosed assets and track illicit financial flows are crucial in maintaining the integrity of India’s financial system. The agency will continue its investigation to determine the full extent of the firms’ alleged money laundering activities and take appropriate legal action as necessary.