Sahara land parcels auction
An e-auction began on Monday for the sale of land parcels belonging to Sahara group for recovery of funds by the markets regulator- Securities and Exchange Board of India (SEBI), amid concerns that sluggish market conditions might make it hard to attract buyers.
Five land parcels were put on the block by HDFC Realty at a reserve price of Rs 722 crore, while five other properties are scheduled to be auctioned by SBI Caps on July 07 at a reserve price of Rs 470 crore.
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