Aamby Valley

Sahara says it has returned Rs 3,226 cr, promises to pay off all depositors

Promising that every investor will be repaid, the official said in the last 10 years the group has paid maturity payment of a massive Rs 1.4 trillion to its 57.6 million investors

Aamby Valley: Bombay HC liquidator starts auction process

An earlier attempt to auction the property had failed as no bidder had come forward to bid for it

Mauritian investor offers Rs 10,700-cr fund for Sahara's Aamby Valley

Sahara has been engaged in a long-running battle with the capital market regulator Sebi

In blow to Sahara's Subrata Roy, SC refuses to halt Aamby Valley auction

The Sahara Group had moved the apex court and sought to push back the publication of sale notice

Sahara Group moves SC, asks Aamby Valley auction be put on hold

Sahara chief has asked SC to put the auction on hold as the group has a payment plan to offer

Supreme Court to soon hear Sahara's plea on Aamby Valley property

The group informed apex court that it was in the process of repayment of funds to its investors

Aamby Valley issue: SC directs Sahara chief to pay Rs 1,500 crore to Sebi

The apex court fixed September 11 as the next date of hearing in the case

Supreme Court fixes Aamby Valley reserve price at Rs 37,392 crore

The Supreme Court, on Thursday, fixed the reserve price for the proposed auction of Sahara group's luxury township Aamby Valley at Rs 37,392 crore and directed the official liquidator to prepare the draft terms and conditions for the sale. The draft terms, to be prepared in consultation with Securities and Exchange Board of India, was to be submitted before the court at the next hearing on June 19. Though Sahara claimed that the circle rates of properties in Aamby Valley was Rs 49,000 crore and the enterprise valuation was Rs 1 lakh crore, the bench of Dipak Misra, AK Sikri and Ranjan Gogoi went by the submissions made by the official liquidator of the Bombay High Court. The valuations based on different methodologies prepared by valuer Techmech International was submitted in a sealed cover to the court. After considering the submissions of the liquidator and consulting with Sebi counsel Arvind Datar and Amicus Curiae Shekhar Naphade, the bench zeroed in on the reserve price, which ..

Number crunching: Just how much is Sahara's Aamby Valley worth?

The value it is able to derive in the auction holds the key to Subrata Roy's peace and happiness

Rs 24,647 cr I-T notice: Now, Aamby Valley slapped with a tax penalty

The report further said this will be the biggest tax penalty slapped on any corporate in India.

SC appoints liquidator to auction Sahara's Rs 34,000-cr Aamby Valley

Orders personal presence of Sahara chief before it on April 28; Bombay HC official is liquidator

Will auction Aamby Valley if money not deposited: SC to Sahara

SC observed that it had clearly told the group that substantial amount must come in refund account

Sahara's Aamby Valley sealed for tax default

The resort has been sealed for non-payment of non-agriculture taxes of around Rs 4.50 crore