Sahara Group has recently bought a land parcel in Bangalore. The deal was fixed at price worth Rs.149 Cr, said sources with direct knowledge. Even when they are daily tortured by the SEBI, the Sahara group thinks of only expansion. The group seems least worried about their attached properties and the huge number of cases […]
Supreme Court has asked two Sahara firms and the group head Subrata Roy to answer the market regulator SEBI in a week. After hearing the contempt petition submitted by SEBI, Supreme Court has ordered two Sahara firms and the chairperson and managing worker of Sahara Group Subrata Roy to reply the petition of SEBI within […]
By skgupta
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Posted in Property News
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Also tagged Market Regulator, Sahara firms, Sahara Housing Investment Corporation, Sahara India Real Estate Corporation, SEBI, Securities And Exchange Board Of India, SHICL, SIRECL, Subrata Roy, Subrata Roy Sahara, Supreme Court
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December 21, 2012 – 7:35 pm
Air India slapped Sahara India by casting away its bid. Air India rejected the bid of Sahara on the basis that the real estate firm placed its bid for longer period. Sahara India had placed its bid for Air India’s landmark headquarters at Nariman Point, Mumbai. Though debt- ridden Air India has plans to lease […]
December 6, 2012 – 7:13 pm
The Apex Court of India harshly condemned Sahara Groups for their failure. Sahara Groups failed to refund its investors Rs.27000-Crore. Sahara Groups was further ordered to refund the amount within a week by SC. Sahara India Real Estate Corporation Ltd and Sahara Housing Investment Corporation Ltd (SIRECL and SHICL respectively) had been fined Rs.27000-Crore. These […]
Piramal Realty has acquired Gulita – property in south Mumbai from Hindustan Unilever for R452Cr. Piramal Realty is planning to develop high-end luxury apartments on the one-acre land and Ajay Piramal might keep a part of it for his personal use, given the premium location, according to ET. Gulita is a one-acre property in Worli Seaface, which […]
Indian property investor Blue Mountain Real Estate Advisors has been selected as the preferred bidder for 42 Marriott hotels throughout Britain after it offered almost 750 million pounds, a media report has said. The holding company for the portfolio of hotels collapsed under the weight of about 900 million pounds of debt, most of it held by Royal […]
By skgupta
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Posted in Property News
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Also tagged 42 Marriott Hotels, Blue Mountain Real Estate Advisors, Grosvenor House, India Blue Mountain group, Indian investor, Indian property, Mumbai, RB Capital, RBS, Royal Bank of Scotland, Uk
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December 5, 2008 – 6:10 am
Though developers in the realty sector are facing an unprecedented pressure due the global economic slowdown and are being forced to think on the lines of reducing prices of their housing projects, Sahara Real Estate is trying to buck the trend and will instead hike the prices with effect from the next year. Shedding light […]
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Posted in Property News
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Also tagged Business Strategy, Buying Spree, Confusion, Debts, developers, Estate Business, Expansions, Fi, Financial Trouble, Full Swing, Global Economic Slowdown, Half Year, Housing Projects, India, Market Scenario, S Real Estate, Term Business, Unprecedented Pressure, Volatile Market
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