According to Sebi, it has engaged HDFC Realty and SBI Capital Markets to sell the ten  properties of the group. The sale will be carried out through e-auction by HDFC Realty and SBI Capital Markets on July 4 (11.00 a.m.-12.00 noon) and July 7 (10.30 a.m. -11.30 a.m.), respectively.

Sebi asked the two companies to carry out the auction after the Supreme Court's directive to initiate the sale of Sahara properties. In a public notice published on Thursday, HDFC Realty said it will carry out an online auction of five Sahara properties at a reserve price of Rs 721.96 crore.

The properties include agricultural, non-agricutlural lands located in Uttar Pradesh, Madhya Pradesh, Tamil Nadu, Chattishgarh and Andhra Pradesh. The bidders can inspect the land on June 10.In a separate public notice, SBI Capital Markets said it will carry out the online auction of five land parcels at a reserve price of Rs 470.04 crore.

 The land parcels are located in Gujarat and Uttar Pradesh and the bidders can inspect the same on June 8-9.

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