By Prashant Marathe | 23 May 2025 | EduInvesting
📌 At a Glance
Remember Rose Valley Group — the multicrore chit fund scam that duped lakhs of Indians with “resort dreams” and “assured returns”?
Well, their assets are finally going up for sale, and it’s not small potatoes.
✅ 67 properties
✅ Across Bengal, Tripura, Andaman & Bihar
✅ Worth ₹500+ Cr (conservative estimate)
✅ Auction date: 27 June 2025
✅ Conducted by: SEBI + High Court-appointed Rose Valley Assets Disposal Committee (ADC)
✅ Platform: quikrrealty.com/e-auction
🏗️ What’s Being Auctioned?
From multiplexes to resorts, luxury flats to hotels — here’s a taste of the loot:
| Sl. No. | Property Type | Location | Reserve Price |
|---|---|---|---|
| 5 | Bijaya Cinema & Ceremony Hall | Barasat, Kolkata | ₹16.5 Cr |
| 6 | Suncity Resort | Falakata, Jalpaiguri | ₹5.23 Cr |
| 7 | Orbit Hotel | VIP Road, Baguihati | ₹6.32 Cr |
| 8(1) | Godrej Waterside Office (52,796 sq ft) | Salt Lake Sector V | ₹54.37 Cr 💰 |
| 21 | Orbit Hotel | Siliguri, Jalpaiguri | ₹11.75 Cr |
| 23 | Amtali Amusement Park | Tripura | ₹14.75 Cr 🎢 |
| 24 | Adrija Gold Showroom (G+V) | VIP Road, Kolkata | ₹16.27 Cr 💍 |
| 12 | Land Parcel | Port Blair, Andaman | ₹28.05 Cr 🌴 |
| 30(1–19) | 19 Flats + Land | Barasat, Kolkata | ₹27.7L–₹19 Cr 🏢 |
Full table: rosevalleyadc.com
⚖️ Who’s Running the Show?
- ADC: Formed by Calcutta High Court in 2015
- SEBI: Executing the sale under HC orders
- Quikr Realty: Hosting the e-auction
- C1 India: Handling e-auction backend
- Title Status: ✅ Clear & absolute (as per ADC)
🔐 Key Auction Dates
- 🕵️♂️ Inspection: May 23 – June 22, 2025 (varies by property)
- 💰 EMD Deadline: June 22, 2025
- 💻 Auction Date: June 27, 2025 (11 AM – 1 PM)
📦 Auction Rules (Simplified)
- Assets sold “as is where is”
- EMD = 10% of reserve price
- Highest bidder = Provisional winner
- Confirmation required from ADC + High Court
- Full payment within 30 days of winning
- 1% poundage fee + stamp duty + registration = paid by buyer
- Only real participants allowed (no brokers)
🧠 EduInvesting Take
If you’re a real estate investor or institution looking for:
- Clean legal title
- Prime land at discount
- Commercial assets in West Bengal, Tripura, Bihar, or Andaman
This is your signal.
These are distress sales blessed by High Court — and they don’t come around often.
But—
👉 Do your homework.
👉 Inspect the properties.
👉 Ensure capital is ready — full payment is due in 30 days.
Also: There is no refund if you default. Lose the bid = lose your EMD.
🏷️ Tags
Rose Valley Scam, SEBI Asset Auction, Real Estate West Bengal, Rose Valley Properties for Sale, EduInvesting, Quikr Realty Auctions, High Court Property Sale, June 2025 E-Auctions India, DLF Galleria Auction, Orbit Hotel Siliguri Sale
