The Enforcement Directorate has attached assets worth over ₹86 crore, including two ultra‑luxury apartments in Gurugram’s elite residential projects—The Camellias and The Magnolias—as part of a money‑laundering probe involving Gensol Group promoters Anmol Singh Jaggi and Puneet Singh Jaggi. The properties, valued at ₹73 crore, are now under investigation.
A major development has emerged in the Enforcement Directorate’s ongoing money‑laundering investigation into the Gensol Group, promoted by brothers Anmol Singh Jaggi and Puneet Singh Jaggi. According to reports, the ED has attached assets worth more than ₹86 crore, including two ultra‑premium apartments located in Gurugram’s most exclusive residential enclaves—DLF’s The Camellias and The Magnolias.
These properties, collectively valued at ₹73 crore, are known for their world‑class amenities, expansive layouts, and celebrity‑driven resident profiles. The ED alleges that funds diverted through shell entities were used to acquire these high‑value assets, forming a key part of the agency’s broader probe into financial irregularities linked to the group.
The action marks another significant step in the investigation, which continues to examine fund flows, corporate structures, and potential violations under the Prevention of Money Laundering Act (PMLA).
Key Highlights / Major Takeaways
Assets attached: Over ₹86 crore, including two luxury apartments worth ₹73 crore.
Locations: DLF The Camellias and The Magnolias, Gurugram.
Promoters under probe: Anmol Singh Jaggi and Puneet Singh Jaggi of Gensol Group.
ED’s allegation: Use of diverted funds to purchase ultra‑luxury real estate.
Legal context: Action taken under the PMLA framework.
Conclusion
The attachment of these high‑value apartments underscores the ED’s intensified scrutiny of financial transactions linked to the Gensol Group. As the investigation progresses, more details are expected to emerge regarding fund diversion and asset acquisition patterns.
Sources: Hindustan Times, MSN News