December 2016 Current Affairs

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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.


December 2016 Current affairs

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




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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