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GROSVENOR GROUP LTD.
Oberoi Hotels & Resorts to debut in London’s MayfairThe Oberoi Group, in partnership with Grosvenor, is set to open its first luxury hotel in the UK. Located in London's Mayfair district, the...- Lodha Group says London Grosvenor Square project September pre-sales Rs 1,100 croreTravel restrictions to the UK for visitors from the USA and Europe were eased starting in August 2021, allowing prospective purchasers to v...
- Lodha Developers eyes 1.5 bn pounds from London housing projectsLodha exuded confidence that the company would deliver "high quality product" in the Central London, which he said is the most competitive ...
- Sahara gets $1.3-billion bid for hotel assetsThe three families have made an unconditional bid for the marquee assets, valid for 30 days, said Jesdev Saggar, managing director of 3 Ass...
- Sahara Group inks Rs 10,000 crore deal with 'Qatar fund' for sale of hotelsAppearing for the group, Kapil Sibal promised Rs 300 crore more by August 3 and said group wanted to transfer to SC-created Sebi-Sahara acc...
- Sahara averts foreclosure auction of US hotel propertiesSahara Group has got time till June to avoid any foreclosure auction of two marquee hotel properties in New York by mortgage holders Reuben...
- Sahara's Plaza, Dream Downtown hotels in US up for sale?The group has been trying hard to raise funds including through refinancing of loans on these two hotels as also on the historic Grosvenor ...
- History sheet of Grosvenor House: The famous London hotel that Sahara Group has reportedly sold to the state of QatarRoy’s advocate Kapil Sibal said that the group had sold the Grosvenor House to the state of Qatar, who paid $726 million to the Royal Bank ...
- Sahara seals Rs 5,500-crore debt deal for foreign hotels: ReportReuben Brothers will take over the loan portfolio of BoC and will have ‘First Charge’ over the hotels till Sahara clears the debt
- Sahara group not bidding for it's Grosvenor House hotel put on sale for loan 'default'With its prized property, Grosvenor House, put on sale for a loan 'default', Sahara group today said it is not participating in any re-auct...
- Sahara says mulling loan refinancing to regain hotel control"But because of cross collateralisation, loan on Grosvenor House Hotel also is being treated under default," a Sahara spokesperson said in ...
- Sahara's Grosvenor House put on sale; may fetch Rs 5,000 croreIn a fresh twist to Sahara's efforts to raise funds, its iconic property Grosvenor House, estimated to be worth over Rs 5,000 cr, has been ...
- Investment vehicle eyes flagship Sahara hotels in $2 billion bailout for founder Subrata RoySaransh Sharma, California-based investor leading the rescue plan, said he doesn't think Sahara will be able to pay off the more than $1.5 ...
- Madison bids $800 million for Sahara’s The Plaza and Dream Downtown propertiesSahara was made initial offers of £1.2 -1.4 billion by these parties. One of the bidders was willing to pay £850 million for the Grosvenor.
- Sahara works on plan B; talks for London, New York hotels on but Subrata Roy unwilling to sellAt current valuations—which is 30% higher than when the hotels were acquired—Sahara will not only be able to pay off loans from Bank of Chi...
- Sahara Hotel fight: Poonawalla competes with Qatari group and Sultan of BruneiThe Grosvenor House, a 494-room luxury hotel that was built in 1929, was the first of Sahara’s international acquisitions.
- Indian billionaires among top buyers of London homesThese Indian mega-rich are expected to spend another 500 pounds million on redevelopment in the next five years, said a report.
- Sahara buys Oakley Court in UK for Rs 256 croreSubrata Roy said the property — which has 120 rooms, including 11 luxury suites, will be used by his business group as their UK headquarter...
- Sahara India eyes UK's Marriott hotels at 750 million poundsThough UAE-based Abu Dhabi Investment Authority has emerged as the lowest bidder, Sahara has been identified as the preferred bidder.
- Subrata Roy makes Rs 5,808 cr bid for Marriott hotels: ReportSubrata Roy has made a bid for Marriott hotels, being sold by Royal Bank of Scotland for about 750 million pound, according to media report...
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