The Patra Chawl scam involves allegations against Guru Ashish Construction Pvt Ltd (GACPL), a subsidiary of Housing Development and Infrastructure Limited (HDIL). The redevelopment project, initiated by the
Maharashtra Housing and Area Development Authority (MHADA) in 2008, aimed to rehabilitate 672 tenant families and construct additional flats for MHADA. GACPL is accused of misleading MHADA, selling
Floor Space Index (FSI) to nine developers for Rs 901.79 crore, and failing to construct the promised flats. The
Enforcement Directorate launched a money laundering probe based on an FIR filed by Mumbai Police's Economic Offences Wing (EOW). Investigations revealed that Pravin Raut, a former director of GACPL, diverted Rs 95 crore for personal use, including acquiring land parcels and gifting properties. The ED estimates the total proceeds of crime at Rs 1,039.79 crore. == Key figures involved ==