Mumbai, 03 Nov (HS): The Enforcemet Directorate has seized propetries worth Rs 3,084 crore belonging to businessman Anil Ambani, including jis bungalow in posh Pali Hill area of Mumbai.

The action was

initiated following four different orders issued on October 31, 2025. The

properties seized are not only in Mumbai, but are in Delhi, Noeda, Gaziabad,

Pune, Thane, Hyderabad, Kanchpuram in Tamil Nadu and in East Godawari Region in

Andhra Pradesh, that includes open land, residential and commercial buildings.

The seizer of Anil

Ambani’s property is related to misuse of funds raised through Reliance Home

Finance Limited (RHFL), and Reliance Communication Finance Limited RCFL). Ambani

is facing charges of money laundering and corruption. About 40 properties

related to these two companies have been temporarily seized.

Between 2017 and

2019, Yes Bank invested Rs 2,965 crore in RHFL and Rs 2,045 in RCFL. BY

December 2019 the investment of Rs 1,353 crore in RHFL, and Rs 1,984 crore in RCFL

were termed as Non-Performing Assets. The ED investigated into the issue and

detected loan fraud worth Rs 13,600 crore, of which Rs 12,600 crore was

diverted to Reliance Group companies.

The ED has started

investigation into the Reliance Communication Limited and related

companies. The action against the

Reliance Group companies and their associates has been intensified.

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Hindusthan Samachar / Ajay Vasant Mardikar