JALANDHAR, MAY 17 — The Enforcement Directorate has issued an official summons to the Chief Administrator of the Greater Mohali Area Development Authority, requiring an appearance on Monday regarding an ongoing financial investigation into regional real estate clearances.
The investigation, managed by the federal agency’s Jalandhar Zonal Office, centers on alleged irregularities in the Change of Land Use permissions granted to two major residential projects, Suntec City and Altus Space Builders Private Limited.
The enforcement directive specifies that the administrative head or an authorized representative holding gazetted officer status must present specific documentation at the agency’s headquarters. Legal officials stated that the personal appearance is mandated under the Prevention of Money Laundering Act to provide formal evidence and historical records. The agency maintained that failure to comply with the judicial order will result in strict statutory penalties under the relevant provisions of the financial statute and the Bharatiya Nyaya Sanhita.
The administrative inquiry follows extensive field operations executed by federal investigators across multiple districts earlier this month. On May 8, enforcement teams conducted coordinated searches at roughly one dozen properties across Mohali, Chandigarh, New Chandigarh, and Patiala. Those actions targeted the Indian Cooperative Housing Building Society, its primary executives Ajay Sehgal and Suresh Kumar Bajaj, alongside ABS Townships, Dhir Constructions, and associated intermediaries.
Regulatory trackers noted that the development has drawn considerable attention across the housing sector as the scrutiny moves toward senior department supervisors. To facilitate the current phase of the inquiry, the agency has demanded the submission of the comprehensive approval files for the implicated builders, an exhaustive directory of all processing officials, and a verified accounting of all financial transactions completed between the developer and the development authority.
