Archive · 23 May 2025
ED Raids Bengaluru Locations in TDR Scam Investigation
Imagine some city officials were giving away special building rights (TDR) to the wrong people, allowing them to make extra money.
The ED is like the police for money crimes, and they found out about this.
They think people made a lot of money by tricking the city.
They raided offices and other places in Bengaluru to find proof.
Some people may have inflated the value of land to scam the government.
The investigation is ongoing, and the ED is trying to find out who was involved and how much money was taken.
ED conducted raids in Bengaluru on multiple locations related to a TDR scam.
The investigation concerns the alleged fraudulent issuance of Transferable Development Rights (TDR) by BBMP and BDA.
The ED is investigating a scam involving inflated TDRs obtained in collusion with officials.
The alleged illegal gain from the scam is reported to be ₹27.68 crore.
The modus operandi included brokers colluding with BBMP officers to inflate land areas and values.
- Who
- The Directorate of Enforcement (ED) and officials from BBMP, BDA, and private entities.
- What
- ED raids related to a TDR scam.
- When
- The raids were conducted on May 23, 2025.
- Where
- Bengaluru
- Why
- To investigate a TDR scam involving fraudulent issuance of rights.
- Location of Raids
- Bengaluru
- Organizations Involved
- BBMP and BDA
- Timeline of Alleged Scam
- 2009 to 2015, and after
- Illegal Gain
- ₹27.68 crore
- Director Involved
- Ratan Lath
- Firm Involved
- Real Estate Firm: Valmark Realty Holdings Pvt. Ltd.