11 months ago

Sahara City Projects Shrink as Lucknow Palace Taken Over

Sahara City Projects Shrink as Lucknow Palace Taken Over
900 Acres, 360 Cities, Integrated Townships: Sahara City's Vast Empire Is Now Shrinking · news18.com

Sahara India, a company that planned big housing projects, is shrinking.

The government in Lucknow has taken control of a big palace owned by the company.

Sahara had planned many projects across India, including large townships and affordable housing.

The company had a lot of land and borrowed money to build these projects.

The Lucknow palace used to be the home of the company's founder and his family.

Now the government controls it.

Key facts

Project Name
Sahara City Homes
Total Land Bank (approximate)
27,000 acres
Sahara Swapna City
Affordable housing segment
Cities of Sahara City Homes
10 (Lucknow, Pune, Aurangabad, Jodhpur, Gwalior, Bareilly, Solapur, Porbandar, Katni, Kashipur)
Lucknow Palace Size
130 acres

Sources

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