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Bankruptcy: Lavasa Revival Needs Fresh Thinking and End to Delays Caused by Public Sector Banks - Vimarsana News

Bankruptcy: Lavasa Revival Needs Fresh Thinking and End to Delays Caused by Public Sector Banks

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.

MC Explains: What the NCLT order means for homebuyers at Lavasa Hill Station? - Vimarsana News

MC Explains: What the NCLT order means for homebuyers at Lavasa Hill Station?

The company taking over the project has given total three options to homebuyers for ensuring their concerns are dealt with, including that of self-construction.

Ajay Harinath-led Darwin Platform Group clinches Lavasa - Vimarsana News

Ajay Harinath-led Darwin Platform Group clinches Lavasa

The NCLT order gives relief to the mega private city project that has been mired in controversy for years; the buyer promises relief to the creditors and homebuyers