A Supreme Court ordered auction process began on Monday for embattled Sahara group's luxurious Aamby Valley resort town with the official liquidator inviting bids at a reserve price of Rs 37,392 crore. Describing it as an "ultra-exclusive chartered city", the liquidator said the property includes timber chalets, modern villas, golf course, hospital, school and airport, among other amenities.
The official liquidator of the Bombay High Court published an auction notice today inviting prospective bidders for the integrated hill city township spread over 6,761.6 acres near Lonavala in Pune district, as also two land parcels measuring over 1,700 acres. Sahara group has earlier pegged the market valuation of this project at over Rs 1 lakh crore.

A Supreme Court ordered auction process began on Monday for embattled Sahara group's luxurious Aamby Valley resort town with the official liquidator inviting bids at a reserve price of Rs 37,392 crore. Describing it as an "ultra-exclusive chartered city", the liquidator said the property includes timber chalets, modern villas, golf course, hospital, school and airport, among other amenities.
The official liquidator of the Bombay High Court published an auction notice today inviting prospective bidders for the integrated hill city township spread over 6,761.6 acres near Lonavala in Pune district, as also two land parcels measuring over 1,700 acres. Sahara group has earlier pegged the market valuation of this project at over Rs 1 lakh crore.