4,700 acres lands for sale by Sahara Group




Sahara Group has rolled out procedure to sell over 4,700 acres of land across India, which is expected to earn the group around Rs 6,500 crore.
Sahara is one of the top real estate holders in India, and claims that it owns around 33,633 acres of land bank.HDFC Realty and SBI Capital Markets have put Sahara’s land across 14 states for sale.


Earlier this month, the Supreme Court released Sahara chief Subrata Roy and group director Ashok Roy Choudhary on parole for four weeks.
The Sahara Group is predicting to cluster Rs 6,500 crore proceeds from the sale. According to market expert most of the lands are near agricultural and rural areas which could stroke the amount realized.







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