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Sebi to e-sell Sahara properties for Rs 1,000 cr

Sebi to e-sell Sahara properties for Rs 1,000 cr
10 June 2016 Current Affairs: Capital markets regulator Securities and Exchange Board of India (Sebi) will sell 16 land parcels of the Sahara Group to recover dues through e-auction .

It has set a reserve price of Rs 1,898 crore for these properties. While SBI Capital Markets will conduct the e-auction on July 13, HDFC Realty will conduct one on July 15, said notices published by these agencies. They have been appointed to conduct the sale of Sahara properties.

According to the notice, SBI Cap will auction eight land parcels which will fetch Rs 1,196 crore at the reserve price and HDFC Realty will auction five land parcels at reserve price of Rs 702 crore.

The properties residential, agricultural and non-agricultural - are located in Rajasthan, Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Bihar and Jharkhand. Interested bidders can inspect these land parcels between June 16 and 17.

According to the court directions, these properties cannot be sold at less than 90 per cent of circle rates.


March 2017 Current affairs
23 MAR
NEWS
22 MAR
NEWS
21 MAR
NEWS
20 MAR
NEWS
18 MAR
NEWS
17 MAR
NEWS

February 2017 Current affairs
28 FEB
NEWS
27 FEB
NEWS
25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS



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