Hyderabad: Enforcement Directorate (ED) Hyderabad unit, which is probing Sahiti Infratec Ventures real estate scam, has asked the registration and stamps department to provide details of properties owned by the company.
ED has taken up a money laundering probe based on the FIR registered by the Hyderabad Central Crime Station (CCS) sleuths. CCS had recently arrested Sahiti Infratec MD Boodati Lakshmi Narayana for cheating buyers on the pretext of pre-launch offer in residential high-rise projects. Narayana is also a member of Tirumala Tirupati Devasthanam board.
It is alleged that the firmduped 2,500 customers to the tune of 900 crore, which includes 539 crore from 1,700 in Sahiti’s Sarvani Elite at Ameenpur. ED, in the notice sent to Sangareddy sub registrar, said, “During the investigation, certain properties have come to the notice which are suspected to be proceeds of crime and are liable to be attached under the provisions of PMLA.” tnn
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