The Enforcement Directorate (ED) has carried out searches on several premises in and around Delhi in connection with an inquiry initiated under the Foreign Exchange Management Act (FEMA) against Haryana-based real estate company BPTP Limited, said the agency on Friday (August 29, 2025).

The company was formerly known as Business Park Town Planners Private Limited. “The search operations were carried out at the offices of BPTP Ltd. and the residences of its chairman and managing director, Kabul Chawla, and whole-time director, Sudhanshu Tripathi,” it said.