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ED Seizes Benami Properties of Sahara Group Worth Rs 1538 Crore Across India

Real Estate Mumbai

ED Seizes Benami Properties of Sahara Group Worth Rs 1538 Crore Across India

The Enforcement Directorate (ED) has attached benami properties of the Sahara Group, owned by Subrato Roy, worth Rs 1538 crore, in a major crackdown against black money and money laundering. The properties are spread across various states in India, marking a significant step in the ongoing investigation.

April 24, 2025
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Sahara Group Land Scam: Manager Admits to Signing Sale Deed, Denies Fraud

Real Estate Mumbai

Sahara Group Land Scam: Manager Admits to Signing Sale Deed, Denies Fraud

In a significant development, a Sahara Group real estate manager has admitted to signing the sale deed for a disputed property but denies any involvement in fraud. This admission comes as the Economic Offences Wing (EOW) continues its investigation into the multi-crore land scam in Bhopal, Madhya Pradesh.

April 23, 2025
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Supreme Court Directs Maharashtra to Clarify Sahara’s Versova Plot Status

Real Estate Maharashtra

Supreme Court Directs Maharashtra to Clarify Sahara’s Versova Plot Status

The Supreme Court has issued notice to the Department of Forest and Urban Development and the Chief Secretary, State of Maharashtra, to clarify whether developing Sahara’s Versova Plot would encroach upon reserved mangrove forest areas. This move aims to

February 12, 2025
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Supreme Court Asks Maharashtra to Clarify Sahara's Versova Plot Status

Real Estate Mumbai

Supreme Court Asks Maharashtra to Clarify Sahara's Versova Plot Status

The Supreme Court issued a notice to the Maharashtra government to clarify if developing Sahara's Versova plot would encroach upon a protected mangrove forest area. The court also directed SEBI to examine the joint venture agreement with Oberoi Realty and

February 12, 2025
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SC Directs Sebi to Evaluate Development Plans for Sahara’s Versova Property

Real Estate Mumbai

SC Directs Sebi to Evaluate Development Plans for Sahara’s Versova Property

The Supreme Court has instructed Sebi to assess development proposals from Oberoi and Valor Realty for the 106-acre Sahara Group land in Mumbai.

January 8, 2025
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Supreme Court Directs Sebi to Review Sahara's Versova Property Development Proposals

Real Estate Mumbai

Supreme Court Directs Sebi to Review Sahara's Versova Property Development Proposals

The Supreme Court of India has directed Sebi to review development proposals for the Sahara Group's Versova property in Mumbai. Two developers, Oberoi Realty Ltd and Valor Estate Ltd, have been asked to deposit Rs 1,000 crore via demand draft, which will

January 8, 2025
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