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Jaipur group demands CBI investigation in IAS Shikhar Agarwal property purchase case

Preliminary findings say Shikhar Agrawal and family bought villas far below market value and leased them back to the seller for Rs 1.80 crore a year.

  • On Friday, the Rajasthan government approved an Anti-Corruption Bureau investigation into senior IAS officer Shikhar Agrawal for alleged misuse of official position under the Prevention of Corruption Act.
  • Preliminary findings suggest Agrawal allegedly entered a criminal conspiracy with Goyal Fashions Private Limited, facilitating construction relaxations and financial packages while acquiring villas at rates significantly below market value.
  • Property records show a discrepancy between the purchase price of approximately ₹6.25 crore and market values over ₹50 crore; Agrawal registered 20 villas in Bujhra and Ajabgarh on March 27, 2026, the same day a financial package was issued.
  • Investigators will examine disproportionate assets and alleged undue financial benefits, covering Agrawal's tenure as chairman of the Rajasthan State Pollution Control Board and former Industries Department secretary.
  • An investigation is sought into allegations that Agrawal allowed Goyal Fashions to benefit from forest land, while calls have been made for an independent federal probe into family members' property businesses.
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Rajasthan IAS officer Shikhar Agarwal has been accused of abusing his position to benefit the private company Goyal Fashions Private Limited and causing financial loss to the government. According to the ACB's preliminary investigation, Agarwal and his family purchased several villas at the Ananta Resort in Udaipur and Alwar at below-market prices.

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The New Indian Express broke the news in Chennai, India on Friday, October 30, 2026.
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