The action stems from an FIR filed by Lodha Developers (now Macrotech Developers Ltd), which has alleged that Rajendra Lodha misused his position between 2013 and 2025 to defraud the company

The Enforcement Directorate (ED) on Wednesday reportedly conducted search operations at 13 locations across Mumbai and Thane — including Worli and Dombivli — in connection with an ongoing money laundering probe involving former Lodha Developers Ltd director Rajendra Lodha.

The action reportedly stems from an FIR filed by Lodha Developers (now Macrotech Developers Ltd), which has alleged that Rajendra Lodha misused his position between 2013 and 2025 to defraud the company of around Rs 85 crore through unauthorised land transactions, undervalued plot sales, and bogus acquisitions. Read More

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