Call Advocate·ankitsingh.legum@gmail.com
AKS Premium··8:00 AM – 8:30 PM
PMLA, ED, ECIR, Bank Freeze & White-Collar Crime Defence

Appreciation Value Under PMLA: If a Property Bought for ₹20 Lakh Is Now Worth ₹2 Crore, Can ED Attach the Entire Current Value?

A property purchased for ₹20 lakh may later be worth ₹2 crore, but PMLA does not permit every valuation question to be answered simply by taking today's market price. If the property itself was wholly acquired from alleged proceeds of crime, the Delhi High Court's 2025 Prakash Industries reasoning supports the proposition that appreciation generated from a tainted investment does not become clean merely because market forces increased its value. But where ED attaches a clean substitute property as “value of any such property”, Section 2(1)(zb) defines value with reference to fair market value

Premium21 Aug 202619 min readCriminal DefencePMLAED SummonsECIRProvisional Attachment
Verified reading activityNewEngaged readsactive readersNewCollective studyactive reading timeCounts active human reading only; automated crawlers and repeated refreshes are excluded.

← Back to Legal Updates

Appreciation Value Under PMLA: If a Property Bought for ₹20 Lakh Is Now Worth ₹2 Crore, Can ED Attach the Entire Current Value?

A property purchased for ₹20 lakh may later be worth ₹2 crore, but PMLA does not permit every valuation question to be answered simply by taking today's market price. If the property itself was wholly acquired from alleged proceeds of crime, the Delhi High Court's 2025 Prakash Industries reasoning supports the proposition that appreciation generated from a tainted investment does not become clean merely because market forces increased its value. But where ED attaches a clean substitute property as “value of any such property”, Section 2(1)(zb) defines value with reference to fair market value

.aks-pmla-appreciation{max-width:1120px;margin:0 auto;padding:clamp(15px,3vw,28px);font-family:Arial,Helvetica,sans-serif;line-height:1.76;color:#182126;background:#fff;box-sizing:border-box} .aks-pmla-appreciation *{box-sizing:border-box} .aks-pmla-appreciation h1,.aks-pmla-appreciation h2,.aks-pmla-appreciation h3{line-height:1.25;color:#59413e;scroll-mar…

AKS Private Legal LibraryProfessional member access

Read the complete legal analysis

Continue beyond the preview with the full reasoning, authorities and practical defence framework.

Made for serious legal work

Structured for advocates, public officials, investigators, compliance professionals and criminal-defence teams.

What Premium adds
  • Complete reasoning and authoritiesFollow the full argument, evidence and practical defence analysis.
  • Your private research memorySaved articles and synced highlights follow your account.
  • A focused professional readerDay/night modes, sharing, clean print and PDF.
Secure Razorpay checkoutOne-time payment · no auto-pay
Unlock the full analysisAlready a member? Sign in

Choose your access period on the next step. Existing members can return with the same email.

WhatsApp AdvocateCall Advocate