Continuing its efforts to secure the release of boss
Subrata Roy from jail, Sahara Group is believed to have finalised two more land
parcels deals, one in Mumbai and another in Jodhpur, for over Rs 1,250 crore.
Besides, talks are in final stages for sale of
another land parcel by Sahara group in Pune, sources said.
After selling land in Gurgaon for Rs 1,211 crore
recently, which is probably the biggest so far this year in the national
capital region, all the three land parcels may be sold to the local real estate
developers in the respective cities.
The group has also maintained that the amount
already deposited with the regulator Sebi exceeds the pending dues.
All these sales deals were within days of the
Supreme Court permitting the Sahara Group to proceed with the sale of four
domestic properties, which is likely to fetch Rs 2,710 crore, in its bid to
raise Rs 10,000 crore for Roy’s release.
Out of a list of nine domestic properties submitted
earlier to the court, Sahara has already sold its Ahmedabad property for Rs
411.8 crore, which has gone into Sebi account.
Roy, who was sent to jail on March 4 this year in a
case involving alleged non-refund of over Rs 20,000 crore with interest to
depositors, was asked by the court to pay Rs 10,000 crore to get bail, of which
Rs 5,000 crore should be paid in cash and rest of the amount in bank guarantee.
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