New Delhi, Aug. 17 -- The Enforcement Directorate (ED) has attached immovable properties worth Rs 129.80 crore in a case related to real estate fraud committed against homebuyers and investors in Ahmedabad, the agency said on Monday.

ED's Ahmedabad Zonal Office attached these properties following a provisional attachment order issued on August 14 under Section 5(1) of the Prevention of Money Laundering Act, 2002. The order was issued in the case of Ronak Ravjibhai Sonani, Vipulbhai Gordhanbhai Gangani, Keshav Narayan Group and others.

ED initiated an investigation on the basis of five First Information Reports (FIRs) registered by DCB Police Station, Satellite Police Station, Navrangpura Police Station and Bopal Police Station, Ahmedaba...