Sebi To Auction Sahara Group’s 13 More Land Parcels

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New Delhi: Moving ahead with offer of Sahara advantages for recuperate cash, controller Sebi on Wednesday arranged 13 land bundles of the ambushed bunch for an e-sell off one month from now at an aggregate store cost of about Rs. 1,400 crore. 

AAI prepared with 20 air terminals under provincial air availability schem

This is notwithstanding 58 properties of the gathering that were planned to be sold in July and their joined store cost was almost Rs. 5,000 crore. 

In isolated notification today, the Securities and Exchange Board of India (Sebi) said HDFC Realty will sell seven properties on October 27 at a store cost of more than Rs. 710 crore, while SBI Caps will sell six properties on October 25 at a store cost of over Rs. 672 crore. 

Taking after bearings from the Supreme Court available to be purchased of certain Sahara advantages for recuperate cash, Sebi has commanded SBI Capital Markets (SBI Caps) and HDFC Realty for selling a sum of 61 area bundles. 

HDFC Realty has been restricted into sale 31 land packages at a store cost of Rs. 2,400 crore, while SBI Caps has been requested that sale 30 land properties with an expected business sector estimation of about Rs. 4,100 crore. 

These properties are spread the nation over and generally incorporate area bundles. According to the court headings, they can't be sold at under 90 for every penny of the circle rates. 

In the wake of putting in two years in prison, Sahara boss Subrata Roy is right now out on parole. He was sent to imprison on the requests of the Supreme Court in a long-running debate with Sebi.

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