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Real Estate Forum on Sahara Properties

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Q: Hi all, do you know that the court on March 26 had asked Sahara to deposit Rs 5,000 crore in cash and Rs 5,000 crore through bank guarantee for release of Roy and the two directors.
Latest Answer: Hi all, Yesterday, i heard the news that Sahara Group is going to deal with billionaire brothers David and Simon Reuben for sale of the iconic Grosvenor House Hotel in London for clear the debt which was taken for it three hotel properties.
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Q: Is there any problems going with the Sahara Group? are they coming up with any new projects?

Latest Answer: The Sahara Group of company has 90 to 95 percent stake in a swathe of 64 projects in 64 towns across India, mostly under the name Sahara City Homes. Although the development rights were bought by the Sahara group through various Sahara companies which worth Rs 1,105 crore the order points out.
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