Lucknow | The Enforcement Directorate (ED) conducted a raid at Sahara City located in Gomti Nagar on Friday and seized several important documents during the search operation. The ED team remained present at the premises for about two hours and questioned employees and officials present there regarding property-related records.
According to officials, the documents seized during the raid are related to property transactions and asset management. The investigation is part of a larger probe into alleged irregularities in the sale and transfer of group properties. Earlier, ED teams had carried out search operations in three other states as well.
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Sources said that properties associated with the Sahara Group are being examined as part of the ongoing investigation. There are suspicions that several assets belonging to the group may have been sold or are in the process of being transferred. Authorities are analyzing records related to these transactions.
The ED action is linked to findings that emerged during earlier searches conducted in Odisha, Andhra Pradesh, and Karnataka. During the February 26 operation carried out by the Kolkata regional office team, searches were conducted at multiple locations including Baharampur and Bhubaneswar in Odisha, Anantapur in Andhra Pradesh, and Bellary in Karnataka.
Investigators reportedly found that around 32 acres of land out of 43 acres owned by a Sahara Prime City Limited property in Baharampur were sold in December 2025. The sale was allegedly carried out on the basis of a cancelled board resolution and in favour of a company employee, raising concerns about procedural compliance and legal authorization.
Officials suspect that the transaction might have been executed under instructions from senior management. The matter is being examined to determine whether similar property sales were carried out in other states as well. The agency is also verifying if any assets were sold in violation of court orders.
The investigation team is now compiling information related to Sahara Group properties across Uttar Pradesh and other regions. If irregularities are found, further action may be initiated. ED officials indicated that the probe may expand depending on the evidence collected during the search operations.
Authorities stated that the objective of the investigation is to trace property transactions, verify ownership records, and examine financial flows connected with the asset deals. Technical analysis of documents and transaction data is also being conducted.
The group’s property dealings have attracted attention after reports suggested that multiple assets were either sold or transferred through questionable procedures. Investigators believe that a wider network of property transactions may be involved.
Officials emphasized that the probe is still in the early stages and further search operations may be carried out if required. The investigation will continue based on digital records, financial documents, and legal compliance checks.
The development is seen as a significant step in the ongoing scrutiny of large-scale property transactions linked to the group. Authorities said action will be taken wherever violations are established during the investigation process.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
