Monday, October 6, 2008

Sahara City - 50 Crore Fine Imposed

Sahara Prime City Limited (SPCL), a subsidiary of the Sahara Group is under the Jamnagar district administration Scanner.

City administration has issued a notice to Sahara to pay a stamp duty penalty of Rs 48.69 crore.

Chandrakant Pandya, Jamnagar Dty Stamp Duty Collector confirmed this news, however Sahara has denied the allegation.

Sahara is building their ambitious Sahara City project at Dhuvav village, 8 km from Jamnagar city.