India, Oct. 20 -- The Supreme Court (SC) recently heard a significant plea filed by Sahara India Commercial Corporation Ltd (SICCL), a Sahara Group entity, seeking the court's approval for the sale of a large portfolio of its properties.

To facilitate this, the proposed buyer is Adani Properties Private Limited, which intends to buy the properties en bloc (as a single unit) to expedite the process.

The 88 properties include high-value assets of beleaguered Sahara Group, such as the Aamby Valley City township in Maharashtra, the Hotel Sahara Star in Mumbai, and the Sahara Shaher complex in Lucknow, which insiders suggest could be valued at much more than ' one lakh crore reported in the media.

In addition to the sale request, a crucial ...