THE SAHARA GROUP AAMBY VALLEY ON AUCTION LIQUIDATORS PEGGS RESERVE PRICE OF RS.37,392 CRORE

Mumbai :  The Bombay High Court on Monday issued an advertisement for the auction of Sahara Group’s Aamby Valley City in Lonavala in Pune. The notice by the official liquidator has pegged the reserve price of the property at Rs 37,392 crore. “The official liquidator hereby invites the prospective bidder (s) to submit their KYC form and on qualification, invites bids from intending bidders along with an amount of 15 per cent of the reserve price as earnest money to be paid through RTGS or NEFT for the sale of the Aamby Valley City….,” said the notice issued by Vinod Sharma, official liquidator of Bombay High Court.