The Supreme Court had given its verdict to dissolve of the Aamby Valley land in August 2017 with the official liquidator. The SC refused to consider the beleaguered plea of Sahara Group to delay the auction of the lush and plush property on the ghats.

"Reasons assigned of stay by Hon High Court will not be a cause to circumvent the obligation cast on developer to complete the project in a time schedule," said Justice Chandiwal.

Insolvency and Bankruptcy Code (IBC) may include the reviewing of the status of homebuyers in the dissolution process of developers’ insolvency. Under the consideration of the central government, the review committee announced what is likely to be amended in near future. If put in place timely, this step is certainly going to calm the losses of those who invested their hard-earnings to house their families.