Bereaved Subrata Roy is in Tihar jail for over two years now over non-payment of money to Sahara investors.
On 29 March, the Supreme Court had asked capital market regulator Securities and Exchange Board of India (Sebi) to initiate the sale of Sahara's properties.
Sebi had maintained that it would not be easy to sell these properties, based on a preliminary scrutiny of the titles of the properties.