Technoglitch
Core Member
Tasked by market regulator the Securities and Exchange Board of India (Sebi) to sell land parcels of Sahara, HDFC Realty will e-auction five properties owned by the beleaguered group at a reserve price of Rs 722 crore on July 4. HDFC Realty has been asked to auction a total of 31 land parcels at Rs 2,400 crore, while SBI Cap has been tasked to auction another 30 land properties with an estimated market value of about Rs 4,100 crore. Sebi roped in HDFC Realty and SBI Cap after being asked by the Supreme Court to initiate the process of selling Sahara properties whose titles have been deposited with it by the group. -
Sahara properties to be auctioned at Rs 722 cr reserve price | The Indian Express
Sahara properties to be auctioned at Rs 722 cr reserve price | The Indian Express