News articles tagged Sahara

Sahara to move court for submitting fresh deeds

Sahara chief Subrata Roy seeks court approval to deposit property deeds with nationalized bank amid ongoing dispute with SEBI.

Sahara Grabs another Piece of Bangalore Land for Rs.149 Cr

Despite facing regulatory challenges, Sahara Group has purchased approximately 25 acres of land in Whitefield, Bangalore for ₹149 crore, with plans for commercial or hotel development.

Sahara Firms, Roy asked to reply SEBI within a week

SC asks Sahara firms & Subrata Roy to reply to SEBI's contempt petition within a week, regarding non-repayment of ₹24,000 Cr to investors.

Sahara challenges SEBI, invites for a televised debate

Sahara Group's Subrata Roy invites SEBI for a televised debate over alleged irregularities in bond sales, claiming compliance and transparency amid ongoing disputes since 2008.

SEBI Attaches Sahara’s Assets: Freezes Realty Projects

SEBI has frozen the assets and bank accounts of Sahara group firms, affecting key real estate projects including Aamby Valley due to compliance failures with a Supreme Court order.

Supreme Court Discards Sahara’s Appeal To Review

The Supreme Court dismissed Sahara's appeal to review the order to refund ₹25,000 Cr to investors. The court found no valid reasons to reconsider its verdict.

Air India Cast Away Sahara’s Bid For ‘Lease –Tagged’ HQ

Sahara India's bid for a 30-year lease of Air India's Mumbai headquarters was rejected. Air India aims for shorter leases to retain control and avoid the fate of Sears Tower.

Real Estate Investors Are Already Refunded: Claim Sahara

Sahara claims to have refunded real estate investors, citing Rs. 2,620 crore paid to SEBI and an additional Rs. 2,500 crore. Supreme Court granted more time, while SEBI's request for a specific bench was denied.

Sahara Real Estate Firms Granted More Time to Refund

The Supreme Court granted Sahara Real Estate Firms an extension to pay their fine, directing SEBI to accept the application. The firms were initially ordered to refund money collected through debentures to investors.

Sahara Groups Rebuked By SC for Failing to Refund

The Supreme Court criticized Sahara Groups for not refunding Rs. 27,000 crore to investors and demanded repayment within a week.

SC Condemns SEBI’s Feather Touch Approach to Sahara

The Supreme Court of India criticizes SEBI for failing to take legal action against the Sahara Group for not complying with an order to produce investment documents.

ICICI Bank and Sahara eye Parsvnath's prime land in Delhi.

Parsvnath Developers is in talks with Sahara Group and ICICI Bank to sell its 1.18-acre plot near Connaught Place, aiming to reduce its Rs 1,300 crore debt.

After Noida Lucknow to have the Realty Focus.

Real estate experts express concerns as political shifts may favor Lucknow over Noida, impacting land acquisition and development in Uttar Pradesh.

Slowdown In Realty Advertising

The advertising sector is feeling a pinch as top developers like DLF and Omaxe reduce budgets by 5%, reflecting a downturn in real estate markets.