The search followed the ED reportedly finding certain documents that showed Koda's associates on the board of certain EMAAR group companies, ED sources said.
EMAAR MGF is a joint venture between Dubai-based EMAAR Properties and India's MGF Development.
Sources said one of Koda's associates, Vikash Sinha, who is in judicial custody, has told the agency that he and some others had invested on behalf of Koda in the same companies. When contacted, an Emaar MGF spokesperson did not offer any comments immediately.
Jkhand HC asks state to submit report in Koda case by Nov 12
Koda's associate Vikas Sinha arrested by ED
Will the route of Koda's loot be dealt with?
Congress, Marandi finalise tie-up in Jharkhand
Special: Madhu Koda and his circle of friends