Even as increasingly affluent Indians desperately hunt for holiday destinations, Lavasa City, India’s first planned, private hill station lies in a shambles. Nestling in the majestic Western Ghats and styled on the lines of the Italian town of Portofino, the township is spread across 12,500 acres.
Pune: DPIL To Construct Statue Of PM Modi Taller Than Statue Of Unity In Lavasa freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Lavasa, India s first new hill station since the end of British colonial rule, has been given a new lease of life. After being partially built and facing environmental and regulatory issues, the National Company Law Tribunal has approved a resolution plan, with Darwin Platform Infrastructure winning the bidding to build the city. Lavasa, originally the dream project of Ajit Gulabchand, will be delivered to homebuyers within five years of receiving environmental clearance, with actual future construction costs being payable to Darwin.
Lavasa s Bankruptcy: How Policy Inconsistencies And Allegations Of Law Breach Derailed The Dream swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
In a significant development, the NCLT's Mumbai bench on Friday awarded the beleaguered Lavasa City project in Pune to the Mumbai-based Darwin Platform Group of Companies (DPGC) headed by businessman Ajay Harinath Singh.The National Company Law .