On Tuesday, the Supreme Court directed the ED to investigate money laundering by directors and officials of the Amrapali Group.
The court also cancelled the lease granted by Noida and Greater Noida authorities to all projects of the realty group.
It directed the Centre and the state governments to take appropriate action against builders who have not delivered projects on time.
On February 28, the apex court had allowed the Delhi Police to arrest Amrapali Group chairman and managing director, Anil Sharma, and two directors on a complaint that buyers of their various housing projects were duped.
The top court, which is seized of several pleas of home buyers seeking possession of around 42,000 flats booked in Amrapali projects, had also ordered attachment of personal properties of Sharma as also its directors -- Shiv Priya and Ajay Kumar.