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Sahara Group real estate

Sahara Group sells ‘Sahara City’ residential project to Ahmedabad-based developers Rs 464 crore

Sahara Group sells ‘Sahara City’ residential project to Ahmedabad-based developers Rs 464 crore
The Sahara Group has struck a Rs 464 crore sales deal with an Ahmedabad-based developers – H N Safal and Goyal & Co – for approximately 4.21 lakh square metres of land belonging to the ‘Sahara City’ residential scheme in the city. The sale of the ‘Sahara City’ residential project in Ahmedabad is a move [...] Continue Reading »

Sahara group to pay Rs. 10,000 crore in instalments for Chief Subrata Roy’s release

Sahara group to pay Rs. 10,000 crore in instalments for Chief Subrata Roy’s release
There might be some good news for Subrata Roy and the Sahara group tomorrow when the SC verdict will be pronounced. The Supreme Court (SC) is speculating the situation and considering the plea of jailed Sahara Group chief Subrata Roy who is seeking a modification of an earlier order. The SC had asked him to [...] Continue Reading »

Bigwig hospitality players open to management deals to limit debt exposure

Bigwig hospitality players open to management deals to limit debt exposure
Indian and international luxury hotel chains are apparently open to management deals to avoid getting into a debt trap. Highlighting the hospitality majors’ apparent preference for a contract route to limit debt exposure, Raymond Bickson – Managing Director of Indian Hotels Company – said that his company is ready to take over the management of [...] Continue Reading »

Repay by selling assets- Sahara hatches a plan

Repay by selling assets- Sahara hatches a plan
Subrata Roy led Sahara Group had its plea rejected by the Supreme Court of India last week, and sources say the group would have to repay INR 10000 crores if the bail has to be realized. Keeping this in mind, Sahara Group on Monday proposed to sell one of it’s prized possessions which would help [...] Continue Reading »

SC alleges Sahara Realty for shady intentions

SC alleges Sahara Realty for shady intentions
New Delhi- The Sahara Group  real estate has been lashed by the Supreme Court for having shady intentions in terms of the money which had to be returned to the investors generated through debentures. A deadline of seven days has been given for them to repay their customers. According to the apex court bench of Chief Justice Altamas Kabir, Justice [...] Continue Reading »



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