Aamby Valley

AAMBY VALLEY NEWS

Auction process of Sahara's Aamby Valley property to continue: Supreme Court

May 16, 2018 4:59 pm

The auction process for the Sahara group's prime Aamby Valley properties would continue as it has failed to deposit Rs 750 crore in the SEBI-Sahara refund account, the Supreme Court held on Wednesday.

Supreme Court allows Sahara to sell properties in Aamby Valley by May 15

April 19, 2018 10:11 pm

A special bench headed by Chief Justice Dipak Misra considered the submission of senior advocate Vikas Singh, representing Subrata Roy and the Sahara group, that they be allowed to sell the properties on their own as auctioning would not fetch the desired price.

Aamby Valley sale: SC go ahead to Receiver

February 08, 2018 2:47 am

Two Indian companies — Mahindra Lifespace Developer and the Piramal Group — have shown interest in purchasing the property either in parts or in total.

Aamby Valley auction: No bidder turns up for inspection

September 28, 2017 2:14 am

Sources familiar with the development said even the two prospective bidders who had submitted their KYC forms initially did not turn up for the inspection.

Aamby Valley: Just two potential bidders for Rs 37k crore auction

September 17, 2017 7:20 pm

The properties on auction include an integrated hill city township spread over 6,761.642 acres in the great Sahyadri mountain range, 1,409.865 acres of land surrounding Aamby Valley City Development and land measuring 321.656 acres within the Satara district.

Aamby Valley sale: Income-Tax stakes claim on Rs 24,843 crore

September 11, 2017 10:48 am

Aamby Valley sale: The claim was submitted to the official liquidator on April 26, after the Supreme Court ordered the auction of Aamby Valley in February for non-submission of over Rs 5,092 crore by the Sahara Group.

Process for Aamby Valley auction starts at Rs 37,392 crore reserve price

August 15, 2017 1:43 am

The auction will be conducted through MSTC Ltd. The Supreme Court on August 10 rejected Sahara chief Subrata Roy's plea to allow the firm to repay its investors till July 2019.

Aamby Valley up for auction process at Rs 37,000 crore reserve price

August 14, 2017 12:37 pm

The property to be auctioned is an integrated hill city township spread over 6761.6 acres, and two land parcels of 1409.8 acres and 321.6 acres.

Sahara case: Supreme Court refuses to stay Aamby Valley auction

August 10, 2017 4:53 pm

On July 25, the apex court had asked Roy to deposit Rs 1,500 crore in the Sebi-Sahara account, for repaying depositors, by September 7.

Subrata Roy urges SC for stay on auction of Aamby Valley project

August 10, 2017 11:07 am

The counsel, said the group had an alternate payment plan to offer and requested the court to put the auctioning process for Aamby Valley in Pune on hold. On July 25, the apex court had asked Roy to deposit Rs 1,500 crore in the Sebi-Sahara account, for repaying depositors, by September 7.

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