10QSB/A

       U. S. SECURITIES AND EXCHANGE COMMISSION
              Washington,  D. C.  20549
 
                    FORM 10-QSB/A
 
 
( X )   QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
          SECURITIES EXCHANGE ACT OF 1934 
 
For the quarterly period ended March 31, 1995
 
(     ) TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE      
        SECURITIES EXCHANGE ACT  
 
For the transition period from ______ to ______
 
Commission file number 0-2266
 
 
              THE INTERGROUP CORPORATION
- ------------------------------------------------------
    (Name of small business issuer in its charter)
 
                        DELAWARE
- ------------------------------------------------------
(State or other jurisdiction of incorporation or organization)
                           
                           
                      13-3293645
     -------------------------------------------
           (I.R.S. Employer Identification)
 
 
         2121 Avenue of the Stars, Suite 2020
   Los Angeles, California                    90067
- ------------------------------------------------------
 (Address of principal executive offices)  (Zip Code)
 
Issuer's telephone number:              (310) 556-1999
 
 
Check whether the issuer (1) filed all reports required to be filed by 
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for 
such shorter period that the registrant was required to file such reports), 
and (2) has been subject to such filing requirements for the past 90 days.
  YES  X   NO __
 
The number of shares outstanding of the issuer's Common Stock, $.01 par value,
as of April 30, 1995 was 801,700 shares.
 
Transitional Small Business Disclosure Format (check one):   YES __  NO  X  


This admendment is filed to include a Financial Data Schedule as Exhibit 27.





                      SIGNATURES

In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

              THE INTERGROUP CORPORATION
                     (Registrant)


Date:     July 18, 1995
By /s/ John V. Winfield
- ------------------------------------------------------
      John V. Winfield, Chairman;
      President and Chief Executive Officer
                                        
Date:     July 18, 1995
By /s/ Howard A. Jaffe
- ------------------------------------------------------
      Howard A. Jaffe
      Chief Operating Officer and Secretary

Date:     July 18, 1995
By  /s/ Gregory C. McPherson            
- ------------------------------------------------------
      Gregory C. McPherson
      Executive Vice President, Assistant Treasurer
      and Assistant Secretary

Date:     July 18, 1995
By  /s/ Keith R. Schrupp                        
- ------------------------------------------------------
      Keith R. Schrupp
      Vice President of Finance

Date:     July 18, 1995
By  /s/ David C. Gonzalez               
- ------------------------------------------------------
      David C. Gonzalez
      Controller

EX-27

 

<ARTICLE>  5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM
10-QSB FOR THE QUARTER ENDED MARCH 31, 1995 AND IS QUALIFIED IN ITS ENTITETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

       
                                                   
<PERIOD-TYPE>                                         9-MOS
<FISCAL-YEAR-END>                                     JUN-30-1995
<PERIOD-END>                                          MAR-31-1995
<CASH>                                                    111,972
<SECURITIES>                                           11,868,796
<RECEIVABLES>                                             165,934
<ALLOWANCES>                                                    0
<INVENTORY>                                                     0
<CURRENT-ASSETS>                                       18,855,838
<PP&E>                                                 34,935,602
<DEPRECIATION>                                         10,193,228
<TOTAL-ASSETS>                                         43,598,212
<CURRENT-LIABILITIES>                                   8,394,271
<BONDS>                                                29,765,896
<COMMON>                                                   14,533
<PREFERRED-MANDATORY>                                           0
<PREFERRED>                                                     0
<OTHER-SE>                                              5,423,512
<TOTAL-LIABILITY-AND-EQUITY>                           43,598,212
<SALES>                                                         0
<TOTAL-REVENUES>                                        9,482,451
<CGS>                                                           0
<TOTAL-COSTS>                                           6,509,960
<OTHER-EXPENSES>                                        1,219,523
<LOSS-PROVISION>                                                0
<INTEREST-EXPENSE>                                      2,138,630
<INCOME-PRETAX>                                          (385,662)
<INCOME-TAX>                                             (179,371)
<INCOME-CONTINUING>                                      (206,291)
<DISCONTINUED>                                                  0
<EXTRAORDINARY>                                         1,030,436
<CHANGES>                                                       0
<NET-INCOME>                                              824,145
<EPS-PRIMARY>                                                0.94
<EPS-DILUTED>                                                0.94