Real Estate Mumbai
Adani Group Eyes 4 Prime Sahara Properties: A Strategic Move in Real Estate
The Sahara Group, embroiled in a long-standing legal battle, has approached the Supreme Court to sell 88 of its prime properties to the Adani Group. This move, aimed at settling outstanding dues, includes significant assets in Mumbai, Maharashtra, and Lucknow.
Real Estate
Adani's Bid for Sahara Assets: A Turning Point for the Troubled Empire
Adani Properties Private Ltd has made a significant offer to acquire 88 properties from the debt-laden Sahara Group, including marquee holdings such as the Sahara Star Hotel in Mumbai and Aamby Valley township. This deal, now before the Supreme Court, could be the last major effort to resolve Sahara's decade-long financial crisis.
real estate news
Adani Group Eyes Prime Sahara Properties: A Strategic Move in Real Estate
The beleaguered Sahara Group has approached the Supreme Court to sell 88 of its prime properties to the Adani Group for approximately ₹12,000 crore. This move aims to settle outstanding dues to investors. Here are four key properties that could change hands.
Real Estate Mumbai
Adani Group Seeks Court Approval to Acquire 87 Sahara Properties
Indian billionaire Gautam Adani's property arm is seeking court approval to acquire 87 properties, including hotels and malls, from the distressed Sahara Group. This move could significantly bolster Adani's real estate portfolio and provide access to a vast land bank.
Real Estate
Adani Group Seeks to Acquire 87 Properties from Sahara Group to Expand Real Estate Portfolio
Indian billionaire Gautam Adani's property arm is seeking court approval to acquire 87 properties from the distressed Sahara Group, including hotels and malls, to bolster its relatively small real estate business.
real estate news
Adani Group Seeks to Acquire 87 Properties from Distressed Sahara Group
The Adani Group, led by billionaire Gautam Adani, is seeking court approval to acquire 87 properties, including hotels and malls, from the Sahara Group. This move aims to bolster Adani's relatively small real estate portfolio and strengthen its land bank.
Real Estate Maharashtra
Sahara Seeks Court Approval to Sell Assets to Adani Properties
Sahara Group is seeking court approval to sell its real estate assets, including the iconic Sahara Star in Mumbai and Sahara Shaher in Lucknow, to Adani Properties Private Ltd. This move is part of the group’s ongoing efforts to settle its financial obligations and streamline its operations.
Real Estate Mumbai
Sahara Seeks Supreme Court Nod for Adani Deal and Regulatory Protection
Sahara Group files applications in the Supreme Court to sell 88 properties to Adani Properties, including Aamby Valley City and Hotel Sahara Star, and seeks protection from parallel investigations.
Real Estate Maharashtra
Sahara Eyes Single-Block Sale of 88+ Assets to Adani, SEBI Refund Account to Benefit
The long-pending Sahara real estate sale is moving closer to execution with a term sheet submitted to the Supreme Court, involving over 88 properties and a potential buyer in the Adani Group.
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.
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.
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
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
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.
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
Real Estate Mumbai
Supreme Court Orders Sahara Group to Deposit Rs 1000 Crore, Allows Joint Venture for Mumbai Land Development
The Supreme Court has directed Sahara Group to deposit Rs 1000 crore in a separate escrow account within 15 days and allowed it to enter into a joint venture for developing its land at Versova in Mumbai.
Real Estate Mumbai
Supreme Court Orders Sahara Group to Deposit Rs 1,000 Crore, Allows Joint Venture for Mumbai Land Development
The Supreme Court has directed Sahara Group to deposit Rs 1,000 crore in a separate escrow account within 15 days and allowed it to enter into a joint venture for developing its land at Versova in Mumbai.