While there was no official word from Saharas, reports said that the two hotels can fetch up to $1 billion. Image: Reports said that the two hotels can fetch up to $1 billion. Photograph: Reuters......
Embroiled in a major crisis back home, Indian conglomerate Sahara has got unsolicited offers for at least three prized assets -- London's Grosvenor House and New York's Plaza and Dreams......
In a fresh twist to crisis-hit Sahara Group's efforts to raise funds, its iconic hotel property Grosvenor House, estimated to be worth over Rs 5,000 crore (Rs 50 billion), has been put on sale......
As the blame-game continues over their floundered deal, US-based Mirach Capital has claimed that Sahara's three overseas hotels can fetch a maximum valuation of $1.67 billion (Rs 10,400 crore).......
Company has submitted before the court that the plaintiff is attempting to attach property that falls outside of the jurisdiction of the Court Slapped with a $350 million lawsuit seeking attachment......