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SAHARA FIRM SEEKS SC NOD FOR SALE OF GROUP'S ASSETS TO ADANI PROPERTIES
The Daily Guardian
|September 30, 2025
The Sahara India Commercial Corporation Ltd has moved the Supreme Court seeking approval to sell multiple assets -including Amby Valley in Maharashtra and Sahara Saherin Lucknow - to Adani Properties Private Limited.
File Photo
The plea, filed through advocate Gautam Awasthi, requested permission "to outright sell various properties belonging to the Sahara Group to Adani Properties Private Limited, for the consideration and on the terms and conditions as set out in the term sheet dated September 6, 2025."
The Sahara Group explained that this was part of efforts to repay investors against the total principal liability of Rs 24,030 crore. It pointed out that despite SEBI engaging leading real estate firms, the regulator had failed to sell or monetise Sahara's assets, leaving the burden largely on the group itself.
This story is from the September 30, 2025 edition of The Daily Guardian.
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