47:
116:
54:
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Three large man made lakes have been created by constructing dams. The largest lake is 1.5 km in length. The city is spread on 10,600 acres (4,300 ha) and ten villages near
Lonavala and boasts of an airstrip, helipads, shopping complexes, 256 acres (104 ha) PGA approved 18-hole golf
397:
37,000 crore, which led to limited interest and only two bids and no buyers in the end. In July 2018, after failing to attract prospective buyers, the supreme court deferred the auction and allowed to city to be under control of the Sahara
Parivar. In 2019, the court decided to continue with the
303:
course, captive power plant, two small dams, an international school, and a hospital. The township has multiple luxury restaurants and a lagoon with an artificial beach adjacent to the replica of
650:
939:
679:
291:–Bobby Mukherji & Associates in the year 2003. It is almost entirely owned and operated by Sahara and related entities. It has between 600–800 luxury bungalows priced between
1155:
707:
618:
1209:
797:
322:
62,643 crore from deposits collected by four Sahara cooperative societies allegedly in violation of norms. Per Sahara group, the Aamby Valley project was valued at about
886:
853:
911:
570:
1098:
769:
284:. The township has an airstrip that stopped functioning in late 2016. It has an average annual rainfall of 4,000 mm (160 in) from June to September.
1072:
1046:
826:
1180:
369:, a local revenue authority, sealed the gated township for non-payment of taxes. It was reopened the same day after Sahara group made a payment of
512:
78:
540:
994:
1127:
1308:
46:
1234:
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331:
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report. This high valuation claimed by Sahara was in contrast with the weakened financial profile of the project. According to
1021:
966:
410:
342:
694 million in the July 2011-March 2012 period. In 2018–19, the Aamby Valley project made a consolidated loss of
318:
Since its founding the city has faced variety of financial and legal troubles for having received investments of
128:
1263:
736:
401:
In
January 2020, the supreme court appointed a receiver to manage Aamby Valley and to explore a new auction.
287:
Marketed to India's super-rich, the city was developed in five phases. It was designed and master planned by
1313:
596:
208:
1132:
414:
382:
260:
The city, founded in 2006, is spread over 10,600 acres (4,300 ha) of hilly terrain in the
249:
200:
158:
8:
548:
517:
451:
655:
651:"Aamby Valley in Sahara probe: Over Rs 62,000 cr depositors' cash in loss-making firm"
485:"Sahara case: Once a place for India's richest to unwind, Amby Valley is now deserted"
304:
858:
831:
712:
999:
916:
774:
455:
1099:"No takers for Sahara's Aamby Valley properties: Official liquidator tells SC"
1302:
1185:
1103:
741:
684:
489:
265:
93:
80:
1239:
680:"Sahara's Aamby Valley shutdown throws life out of gear at nearby villages"
327:
288:
827:"Low interest in Aamby Valley auction shows limitations of private cities"
708:"Five Facts About Sahara Group's Aamby Valley Project Which Is On Auction"
133:
571:"For Sale: Aamby Valley City In Maharashtra Worth $ 6bn To Be Auctioned"
409:
In 2014, Aamby Valley inked a 4-year $ 14 million sponsorship deal with
1156:"Sahara regains control of Aamby Valley, Roy assures normalcy to staff"
619:"Sahara's Aamby Valley up for sale: Read details of who owns how much"
1047:"Aamby Valley auction process begins at Rs37,000 crore reserve price"
362:
196:
191:
310:
In late 2016, the golf course and the airstrip stopped functioning.
1181:"Auction process of Sahara's Aamby Valley property to continue: SC"
281:
269:
221:
887:"Number crunching: Just how much is Sahara's Aamby Valley worth?"
863:
940:"Aamby Valley sealed, reopened after Sahara Group pays tax dues"
350:
1,133 crore in the previous year. Its total income came down to
426:
366:
277:
798:"Sahara's Aamby Valley: A dream city caught in legal quagmire"
1292:
995:"Supreme Court Orders Fresh Auction Of Aamby Valley Property"
417:
ended the contract 15 months before it was scheduled to end.
232:
121:
967:"Sahara's Aamby Valley Reopens After Being Sealed For Hours"
971:
273:
143:
649:
Narayan, Khushboo; Kulkarni, Sushant (7 September 2020).
541:
Large-Scale Urban
Development in India - Past and Present
338:
90 million in the 12 months ended March 2013 compared to
1073:"Aamby Valley auction said to attract just two bidders"
912:"Sahara's Aamby Valley sealed over non-payment of dues"
1210:"SC appoints official receiver to manage Aamby Valley"
385:
ordered the auction of Aamby Valley project to recoup
16:
770:"Blow to Sahara, SC orders auction of Aamby Valley"
1022:"Office of Official Liquidator: Mumbai High Court"
644:
642:
640:
393:. The court set a seemingly high reserve price of
763:
761:
759:
1300:
1128:"Sahara saves Aamby Valley as no buyer turns up"
854:"Sahara's Aamby Valley struggles to stay afloat"
255:
1208:Subramanian, N. Sundaresha (24 November 2017).
648:
637:
597:"HOT 100 2017: Bobby Mukherji & Associates"
326:1 trillion ($ 14.76 billion) in 2014, citing a
756:
478:
476:
474:
472:
545:Collaboratory for Research on Global Projects
513:"Valley of dreams for India's new super-rich"
452:"Aamby Valley Ltd - Company Profile and News"
334:, Aamby Valley posted an after-tax profit of
885:Subramanian, N. Sundaresha (27 April 2017).
1207:
884:
599:. Architect and Interiors India. 8 May 2019
469:
276:and 120 km (75 mi) from the city
272:, 87 km (54 mi) from the city of
268:. It is about 23 km (14 mi) from
992:
1235:"Bangladesh land record sponsorship deal"
820:
818:
280:. The township is connected by road from
53:
432:Sahara India Pariwar investor fraud case
1301:
993:Chaturvedi, Arpan (23 November 2017).
824:
815:
538:
510:
332:Securities and Exchange Board of India
1264:"BCB ends contract with Aamby Valley"
1153:
964:
825:Khanna, Sundeep (19 September 2017).
795:
767:
734:
677:
482:
313:
1261:
678:Hakim, Sharmeen (11 December 2017).
376:
1125:
483:Hakim, Sharmeen (1 December 2017).
13:
413:. Without citing any reasons, the
14:
1325:
1309:Cities and towns in Pune district
1285:
796:Joshi, Yogesh (7 February 2017).
389:14,000 crore the company owes to
252:on the outskirts of Pune, India.
411:Bangladesh national cricket team
346:994 crore compared to a loss of
114:
52:
45:
1262:Isam, Mohammad (3 April 2015).
1255:
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1201:
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1119:
1091:
1065:
1039:
1014:
986:
958:
932:
904:
878:
846:
789:
768:Sinha, Bhadra (17 April 2017).
735:Singh, Paarth (9 August 2020).
728:
700:
511:Foster, Peter (31 March 2006).
248:is a township developed by the
173:43 km (17 sq mi)
1154:Joshi, Yogesh (25 July 2018).
671:
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532:
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66:Location in Maharashtra, India
1:
965:Mehta, Tejas (1 March 2016).
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256:Construction and connectivity
575:World Architecture Community
7:
420:
10:
1330:
354:958 crore in 2018-19 from
181:700 m (2,300 ft)
21:Town in Maharashtra, India
539:Gandhi, Sagar S. (2007).
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1079:. PTI. 17 September 2017
415:Bangladesh Cricket Board
358:1,530 crore a year ago.
1214:Business Standard India
891:Business Standard India
623:Business Standard India
307:for cultural programs.
383:Supreme Court of India
1053:. PTI. 14 August 2017
94:18.60939°N 73.38725°E
250:Sahara India Pariwar
209:Vehicle registration
159:Sahara India Pariwar
155: • Testing
1107:. PTI. 12 July 2018
946:. PTI. 1 March 2016
549:Stanford University
381:In April 2017, the
90: /
1189:. PTI. 16 May 2018
944:The Economic Times
656:The Indian Express
328:Knight Frank India
314:Financial troubles
170: • Total
99:18.60939; 73.38725
1314:Lonavala-Khandala
866:. 1 February 2016
377:Sales proceedings
246:Aamby Valley City
243:
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60:Aamby Valley City
28:Aamby Valley City
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1293:Official website
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75:Coordinates:
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1289:
1271:. Retrieved
1268:ESPNcricinfo
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1240:ESPNcricinfo
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551:. p. 12
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373:2.53 crore.
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235:.aambyvalley
218:Nearest city
213:MH 12, MH 14
18:
1273:12 February
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1219:12 February
1193:12 February
1165:12 February
1139:12 February
1133:The Tribune
1111:12 February
1083:12 February
1057:12 February
1031:12 February
1006:12 February
978:12 February
950:11 February
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896:11 February
870:11 February
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603:12 February
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555:12 February
524:12 February
496:12 February
461:12 February
405:Sponsorship
295:5 crore to
134:Maharashtra
97: /
1303:Categories
547:(Report).
438:References
299:20 crore.
150:Government
85:73°23′14″E
82:18°36′34″N
1104:DNA India
1077:Live Mint
1051:Live Mint
398:auction.
363:Tehsildar
192:Time zone
186:Languages
178:Elevation
737:"At par"
421:See also
282:Lonavala
270:Lonavala
222:Lonavala
197:UTC+5:30
864:Reuters
264:of the
228:Website
110:Country
427:Lavasa
367:Mulshi
278:Mumbai
119:
1025:(PDF)
688:. PTI
289:Gruen
129:State
122:India
1275:2021
1249:2021
1221:2021
1195:2021
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832:Mint
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526:2021
498:2021
463:2021
274:Pune
237:.com
165:Area
144:Pune
140:City
35:Town
365:of
233:www
201:IST
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