Overview
- The latest action covers immovable properties of Jaiprakash Sewa Sanstha and Page 3 Buildtech linked to Jaypee Wishtown and Jaypee Greens projects.
- The ED cites NCLT-admitted claims that JAL and JIL collected about ₹14,599 crore from more than 25,000 buyers, with substantial sums diverted to related entities including JSS, Jaypee Healthcare and Jaypee Sports.
- Promoter Manoj Gaur is alleged to have led the diversion through complex intra-group transactions and has been in judicial custody since his November 13, 2025 arrest.
- A day earlier, the agency attached ₹51.57 crore in assets tied to Ocean Seven Buildtech, including a villa, a hotel and resort, office spaces and land in Haryana, Himachal Pradesh and Maharashtra, plus ₹1.78 crore in cash and bank balances.
- In the OSBPL matter, investigators allege arbitrary cancellations, repeated resale of units at inflated prices and use of forged documents, with promoter Swaraj Singh Yadav arrested in November 2025.