Sahara India
Once Sahara India was a profit making company and was an apple in the eyes of the investors. And today unfortunately the company’s chief is in the Tihar Jail since March and trying hard to sell off its Indian and International properties to pay for the bail. Four months after it sold its 104-acre land [...] Continue Reading »
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 »
Many projects of Sahara Group of Companies are under the freeze due to the actions by the Securities and Exchange Board of India (Sebi). The order by Sebi is based on an affidavit filed on behalf of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation to the Supreme Court and in the document [...] Continue Reading »
Sahara Group companies presented a new application to Supreme Court seeking extension of time till February 20 to submit documents related to debentures to SEBI. As Sahara group has a debt of over 22 million to repay to its investors and it looks like the only way the Sahara Group can repay its debt is [...] Continue Reading »
About ten new township projects have been launched by Sahara India in Tier-2 and 3 cities in the country. These projects cover around 900 acres out of its 27000 acres spread across the country. The group has also launched an affordable housing project in the name of Sahara Swapna City which will be built in [...] Continue Reading »
