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Sahara India Pariwar

Some relief for Debt laden Sahara Group- SC orders allow the sale of assets in London & NY

Some relief for Debt laden Sahara Group- SC orders allow the sale of assets in London & NY
There is some good news for the chief of the Sahara India group Subrata Roy who was arrested a few weeks ago in Lucknow. The Supreme Court (SC) bench comprising of Justices T.S. Thakur and A.K. Sikri on Thursday allowed the Sahara Group to initiate the sale process of its shares in three hotels, one in [...] Continue Reading »

Subrata Roy withdraws proposal to modify bail terms

Subrata Roy withdraws proposal to modify bail terms
Subrata Roy has been in Delhi’s Tihar Jail since March 4, has withdrawn proposal for modifying his bail conditions. Sahara had earlier last week, expressed its inability to pay Rs. 5,000 upfront for bail but proposed to pay Rs. 2,500 upfront and Rs. 2,500 three weeks after Subrata’s release. On March 26, the Supreme Court [...] Continue Reading »

Residential units in hands of Sahara Prime City Limited

Residential units in hands of Sahara Prime City Limited
The real estate wing of Sahara India Pariwar, Sahara Prime City Limited has taken over possession of all the residential units. At the township Lucknow the residential handing over possessions has already commenced.  Till now 208 residential units have already acquired the possession and other 358 units will be completed by end of March 2012. Continue Reading »



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