Gautam Adani’s Big Move: Adani to Acquire Sahara’s 88+ Properties, Including Aamby Valley: Report
Gautam Adani’s Big Move: Adani to Acquire Sahara’s 88+ Properties, Including Aamby Valley: Report
The Adani Group is set to take over more than 88 properties owned by the Sahara Group, including the massive Aamby Valley township in Maharashtra and the Sahara Star hotel near Mumbai airport. According to media reports, Sahara submitted a proposal to the Supreme Court on September 6, 2025. But before the deal can move forward, the country’s top court must give its approval.
The financial terms of this huge transaction are being kept secret. Sahara has told the court that payment details will only be shared in a sealed envelope. Once approved, the Adani Group will have to deposit the full payment into the SEBI–Sahara refund account or any other account specified by the court. This step is crucial because the money raised from the sale is meant to repay Sahara’s investors, who have been waiting for years.
Among the prized assets are Aamby Valley City, spread across 8,810 acres in Maharashtra, and the Sahara Star hotel next to Mumbai airport. The deal also includes properties across several states, such as Uttar Pradesh, Haryana, Rajasthan, Gujarat, West Bengal, Jharkhand, Madhya Pradesh, Karnataka, and Uttarakhand. By selling everything to a single buyer, Sahara hopes to avoid delays that come with selling each property separately.
Sahara’s Plea to the Supreme Court
Sahara has asked the Supreme Court to use its special powers to protect these properties during the sale. The company wants to ensure that no other court or authority interferes. It has also requested that existing restrictions, like seizure orders or attachments, be lifted. Sahara has proposed forming a high-level committee headed by a former Supreme Court judge to oversee the sale and handle any objections or claims.
This decision follows many failed attempts to sell the assets earlier. Poor market conditions, multiple lawsuits, and investigations by different agencies made it nearly impossible to find reliable buyers. Sahara believes that selling all properties in one block deal is the fastest and most practical way to secure maximum value. The Adani Group has not commented on the matter yet.
A Long-Running Dispute
The sale is tied to a decade-old case. In 2012, India’s market regulator SEBI found that two Sahara companies had reportedly illegally raised money from millions of small investors. The Supreme Court ordered Sahara to return the funds with interest. When Sahara failed to do so, founder Subrata Roy was jailed in 2014. Though later released on parole, the money has still not been fully repaid.
Once a giant empire with airlines, sports teams, and international hotels, Sahara has since lost or sold most of its assets. The proposed sale to the Adani Group marks another turning point in the long saga, as Sahara tries to finally settle its debts and bring closure to a battle that has stretched for more than a decade.
