The Enforcement Directorate (ED) has provisionally attached assets worth Rs 82 crore in the Ansal Hub-83 commercial project in Gurugram under the Prevention of Money Laundering Act (PMLA), 2002, over alleged diversion of investor funds.
The action was taken by the ED’s Gurugram Zonal Office against M/s Ansal Housing Limited (formerly M/s Ansal Housing and Construction Ltd). The attachment covers the project land and existing construction and restricts any transfer or sale during proceedings.
Project Profile
Ansal Hub-83 is a commercial development in Sector-83, Gurugram, spread across 19 Kanal 15 Marla (approximately 2.47 acres).
The project comprises 147 commercial shops, 137 office units, and two restaurant spaces. The ED has attached the entire land parcel along with structures built so far.
Origin of the Probe
The investigation is based on a June 2023 FIR registered by Haryana Police under Sections 120-B, 406, and 420 of the Indian Penal Code, 1860.
The FIR names promoters and senior officials of Ansal Housing Limited, including Whole-Time Director Kushagra Ansal. Associated entities under scrutiny include M/s Samyak Projects Private Limited and M/s Aakansha Infrastructure Private Limited.
The complaint was filed by the HUB-83 Allottee Welfare Association, representing more than 1,000 investors who alleged misleading assurances regarding approvals, timelines, and delivery.
Alleged Licence Violations
Investigators allege that units were sold after the project licence expired in December 2015.
According to ED findings, commercial units continued to be marketed and funds were collected until September 2023 without licence renewal. This prolonged period of alleged non-compliance increased financial exposure for investors.
Alleged Diversion of Investor Funds
Several allottees approached the Haryana Real Estate Regulatory Authority (HRERA) citing delay in possession, non-completion, and regulatory violations.
Nearly 15 years after launch, the project has not received an occupation certificate and possession remains pending.
The ED alleges that funds collected from investors were not fully used for project completion and were diverted for unrelated purposes.
Rs 82 Crore Collection and Asset Safeguard
Preliminary findings indicate that more than Rs 82 crore was collected from investors between 2011 and 2023.
The provisional attachment secures assets equivalent to the suspected proceeds of crime to prevent alienation during adjudication under PMLA.
Investigation Status
The attachment is provisional and subject to confirmation by the PMLA Adjudicating Authority.
The ED continues to examine financial transactions and trace fund flows. Further enforcement action may follow based on evidence gathered during the ongoing investigation.
Source: ED Press Release dated 19/02/2026 regarding Ansal Hub-83 Fraud Case