The ED launched coordinated search operations on 14 May 2026 against a syndicate accused of forging documents and impersonating officials to sell prime properties of the SRMF. The alleged fraud involves land transactions valued at several hundred crores.
Key Developments
- Searches were conducted at the residences of alleged masterminds G. Ram Chandra Mohan and Akash Malviya in Delhi’s Narayan Vihar, and at a associate’s premises in Burari.
- Additional raids targeted Singhvahini Infra Projects Pvt. Ltd. in Noida’s Sector 100 and the home of its associate Pradeep Singh in Sector 105.
- Investigations are being pursued under the PMLA, with the probe initiated on 7 May 2026.
- At least seven FIRs have been lodged across Noida (U.P.), Dhar and Shajapur (M.P.), and Bilaspur (C.G.).
Important Facts
- The syndicate allegedly used forged authority letters, fabricated resolutions, and counterfeit seals to sell SRMF lands.
- In December 2025, a 3.3610‑hectare parcel in Gejha Tilpatabad village, Noida, was sold to Singhvahini Infra Projects for ₹16 crore, well below the circle rate of ₹33.61 crore.
- In January 2026, the same parcel was allegedly sold again to Vaam Dev Private Limited for ₹3.48 crore using a fake board resolution.
- Other alleged illegal sales include 39.96 hectares in Shajapur (M.P.) and 75 acres in Bilaspur (C.G.) through eight fabricated sale deeds, reportedly with collusion of rev