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Sahara Properties

06 Jul 2016

E-auction of Sahara properties underway; Sebi clocks first sale of Rs 58 crore

Five land parcels were put on the block Monday by HDFC Realty at a reserve price of Rs 722 crore, while five other properties are scheduled to be auctioned by SBI Caps on July 7 at a reserve price of Rs 470 crore.

Sahara Properties

09 Jun 2016

SEBI to auction 16 land parcels of Sahara group at reserve price of Rs 1,900 crore

The auction would be conducted by SBI Capital Markets and HDFC Realty, which have been tasked to auction a total of 61 land parcels, on July 13 and July 15 respectively.

27 Apr 2016

67 properties of Sahara up for sale, process to start next week: SEBI to SC

In the month of March, the Supreme Court had asked SEBI to initiate the process of selling 87 "unencumbered" properties of Sahara group, whose title deeds are with the market regulator, to generate the bail money for release of its chief Subrata Roy who has been in jail for two years now.

17 Aug 2015

Not selling overseas properties: Sahara to Surpreme Court

Sahara Group Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are "looking to grab these properties".

17 Aug 2015

Lalit Modi to help fund Sahara chief Subrata Roy's release from jail?

In what could come as a relief to Sahara chief Subrata Roy, Indian Premier League founder Lalit Modi has decided to step in to help the company and arrange sale of Sahara properties.

04 Aug 2015

Supreme Court to consider auctioning off Sahara properties

The Supreme Court on Monday asked the Securities and Exchange Board of India (SEBI) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara`s assets and refund investors in the troubled group`s illegal bonds.

02 Dec 2014

SC permits Sahara Group to sell 4 properties worth Rs 2710 cr

The Supreme Court on Tuesday permited Sahara Group to sell four domestic properties that will help the Subrata Roy-led company raised Rs 2710 crore.

05 Sep 2014

Sahara case: Subrata Roy seeks 15 more days from SC to sell properties

Sahara Chief Subrata Roy told the Supreme Court that almost finalised deal to sell his three luxury hotels in New York and London has hit a roadblock and is on the verge of collapse and sought 15 days more time to sell the properties to raise Rs 10,000 crore to be deposited with SEBI to get bail.

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