Gurugram court remands Vatika CMD Anil Bhalla to 14-day judicial custody

What happened

On October 7, 2026, a special court in Gurugram accepted the Enforcement Directorate's request for judicial remand of Anil Bhalla, chairman-cum-managing director of Vatika Ltd. The court ordered him to 14 days of judicial custody while the ED investigation remains pending.

The ED arrested Anil Bhalla and Vatika promoter Gautam Bhalla on September 28, 2026. Both were produced before a special court on September 29. A report dated October 4, 2026 described the ED obtaining further custody of the promoters for three more days, before the October 7 remand order.

The case stems from several Delhi Police Economic Offences Wing FIRs. They allege fraudulent inducement, non-delivery of residential plots and related offences. The amounts described below are the ED's allegations as reported. They are under investigation and are not established findings of guilt.

The court order and conditions

Special judge Narender Sura found the grounds sufficient for remand while the investigation remains pending. Anil Bhalla was directed to be lodged in District Jail, Bhondsi. He is to be produced at the next court hearing by video conference.

• The ED told the court it feared Bhalla might tamper with evidence or influence summoned witnesses.
• The ED reserved the right to seek further custody, but only with court permission and within the time allowed by law.
• The court allowed Bhalla to receive prescribed medicines and bedding from his family.
• The court permitted meetings with specified family members in line with jail rules.

What the ED alleges

According to the ED's allegations as reported, seven purchaser entities paid about ₹260 crore upfront between 2010 and 2012 for residential plots in Vatika India Next, Sectors 84/85, and Vatika India Next-2, Sector 88A, Gurugram.

• Plot-wise agreements were allegedly executed in 2014 and 2015. Layouts were then allegedly revised, and allotted plots renumbered or relocated.
• The ED alleges land continued to be allotted or sold to other purchasers.
• About 1.1 lakh sq yd in Vatika India Next-2 was allegedly bought for approximately ₹90 crore. The ED says no plots there have been delivered after about 14 years.
• The ED describes delivery in Vatika India Next as partial.
• The ED puts the value of substantially undelivered plots at about ₹140.7 crore.
• The ED alleges project land was held through about 22 group companies, and that purchaser funds were moved to other group and promoter-linked entities rather than used only for the projects.

The report also refers to a separate 2024 transaction involving Scaler Ventures. The ED alleges irregularities concerning 165 plots and says proceeds of crime quantified so far are about ₹154.3 crore.

Project and regulatory record

The investigation concerns alleged plot non-delivery in Vatika India Next, Sectors 84/85, and Vatika India Next-2, Sector 88A, Gurugram. This custody order does not announce a new project.

Haryana RERA lists Vatika India Next 2 in Sectors 88A and 88B, Gurugram, as a registered project. The registration number is GGM/847/579/2024/74, dated July 8, 2024. The regulator's listing says the certificate was uploaded on July 17, 2024. The RERA listing is a registration record and does not settle the ED's delivery allegations.

What comes next

The ED investigation was pending as of October 7, 2026. The court directed that Anil Bhalla be produced at the next hearing by video conference. The reports reviewed do not give the date of that hearing.

The ED may seek further custodial interrogation only with the court's permission and within the time permitted by law. Any further remand, charge or bail decision will depend on the court's orders in the ongoing proceedings.

What this means for buyers and the market

The reports do not describe any effect on existing allottees, project timelines or sales. Buyers with allotments in Vatika India Next or Vatika India Next-2 should check their own agreements and the project's RERA record. The status of delivery is the central question in the ED's allegations, and it remains unresolved.