<h1>Enforcement Directorate attaches Rs 681 crore assets of real estate group for homebuyer fraud under PMLA</h1> The Enforcement Directorate attached assets worth Rs 681 crore of a real estate group under the Prevention of Money Laundering Act following alleged homebuyer fraud. The attached properties include colonies and plots spanning over 1,900 acres in Gurugram. The company collected approximately Rs 1,100 crore from over 2,000 homebuyers for various projects launched between 2008-2011 but failed to deliver promised flats and plots even after 14-17 years. Investigations revealed the company diverted funds to group companies as advances for land purchases instead of completing promised homes.