ED attaches Anil Ambani’s ‘Abode’ worth Rs 3,716 crore

The Enforcement Directorate (ED) has provisionally attached the Mumbai residence of Reliance Group chairman Anil Ambani, named ‘Abode’, under the Prevention of Money Laundering Act (PMLA), official sources said on Wednesday. The action is part of an ongoing money laundering investigation linked to an alleged bank fraud case involving Reliance Communications (RCOM).

The property, located in the upscale Pali Hill area of Mumbai, is a 66-metre-high luxury building with 17 floors. According to sources, the attached asset has been valued at Rs 3,716.83 crore. A provisional attachment order has been issued by the federal agency to secure the property as part of the probe.

Officials said the case pertains to alleged financial irregularities and loan defaults by RCOM, which is undergoing insolvency proceedings. The ED is investigating the alleged diversion and laundering of funds in connection with bank loans extended to the company.

Ambani, 66, is expected to appear before the agency in New Delhi for a second round of questioning. He had earlier deposed before the ED in August 2025, when his statement was recorded under the anti-money laundering law.

With the latest attachment, the total value of assets attached in the case has risen to around Rs 15,700 crore, sources added.