NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Sahara Prime City soon to enter Capital Market

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
As per to the sources saying at the www.propertykhazana.com, Sahara Prime City limb of the Sahara Group has listed to strike the capital markets with Rs. 3,500 Crores. It was in its draft red herring prospectus (DRHP) which over half its property bank which availed for agricultural land and the firm possess 8,600 acres across the country of which 52% is agricultural land, 33% is non-agricultural in nature and the left over 16% is for housing and commercial use. According to the SEBI, Sahara prime City will have to modify the position of agricultural land to non-agricultural before it carries out its realty proposals, in contrast, other realty firms like DB Realty, Emaar MGF, Ambience and Lodha Developers also having a proposal of going public only for 11% to 16% of their property holdings in the agriculture type.
In the Sahara DRHP, the company executive said to www.propertykhazana.com that, “The cost for converting agricultural to non-agricultural land differs across the states.” Planned Rs. 3,500 Crores public issue comprises 16% green shoe choice which implies that if there is a demand then the firm might sell 15% over the planned shares. Memorandum of Understanding (MoU) was signed by Sahara prime City with Sahara India Commercial Corporation – a group which is in the business of developing housing flats. Under this bond, Sahara India will pay Sahara Prime Rs. 1,500 Crores of which Rs. 500 Crores has been paid. The remaining amount will be paid when Sahara Prime City shifts them to Sahara India. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
Apr 14, 2017
Fully Furnished 3 BHK, 4 balconies, Covered Parking, Nr. School, Hospital and International Airport in the located..
Mar 01, 2017
A very good opportunity flat Nalasopara east location pragtinger very low. Buggat price 1rk 1bhk 2bhk flat available ready to move flat..
Feb 28, 2017
1 bhk flat for sale at Kharghar at 30 LAKH (Include ALL.) # Location : Kharghar # Sector : 37 (Near Navi Mumbai tallest building – arihant..
Feb 02, 2017
Flat for sale 2BHK ground floor, Nectar 3 Apartment fully furnished with electronics equipments, lawn and garden Useable area 1000 sqft.CCTV..
Jan 22, 2017
1BHK Flats for sale in navi mumbai in ready possession and under construction with affordable rate.call on..
Jan 19, 2017
2 Bhk Furnished Ready to move apartment with Car..
Jan 19, 2017
buildind G+3,14 flats and 2 shops, 24 hour water supply,80% completion, Area:495sq.ft, Rate 3000sq.ft,only 700 mtrs from Navade station,3 km from..
Jan 16, 2017
still+4 with lift, 2 bldg total 80 flat out of which 68 flats are 1 Rk and 1Bhk are 12 flat. Hospital, colleges,School and Market a whistile away...
spacer

Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
Mar 27, 2017
FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
spacer
spacer
spacer
spacer
spacer