Real Estate
Lavasa Corp Bidding War Intensifies: Valor Estates Leads with ₹946 Crore
All three bidders for Lavasa Corp have raised their offers in the third round of bidding, with Valor Estates leading at ₹946 crore. Welspun-Ashdan combine and Yogayatan Group follow, intensifying the competition for the debt-laden real estate venture.
Real Estate Pune
Bidders Raise Offers in Lavasa Corp's Third Round; Valor Estates Leads
In the third round of bidding for the debt-laden Lavasa Corp, all three bidders have increased their financial offers, with Valor Estates leading the race. The competition for this ambitious hill town project in Pune is intensifying, and the creditors have extended the timeline to thoroughly evaluate the revised bids.
Real Estate Mumbai
Mumbai-based Yogayatan Group Surges Ahead in Lavasa Corporation Bid
Mumbai-based Yogayatan Group has emerged as the top bidder for the debt-laden Lavasa Corporation, increasing its offer to Rs 795 crore on a net present value (NPV) basis. This move surpasses Valor Estates' offer of Rs 771 crore.
Real Estate Pune
Lavasa Corp Receives Initial Bids for Resolution Plan
Migsun Janpath in Lucknow to Start Giving Possession. Bengaluru Property Registrations Drop 60% Due to e-Khata. Pune's Real Estate Market Faces Challenges.
Real Estate
Lavasa Corp Receives Initial Bids for Resolution Plan: A Detailed Overview
Lavasa Corp, the ambitious hill-city project in Maharashtra, has finally started receiving initial bids for its resolution plan. This move comes as a significant development in the long-drawn legal battle and financial distress surrounding the project. Th
Real Estate Mumbai
Lavasa: A Cautionary Tale of India's Elite Homeowners Turned Slumdog Millionaires
Lavasa, a hillside resort four hours from Mumbai, was meant to be India's answer to Portofino, but it has turned into a crumbling ghost town with $1 billion in liabilities and 5,000 lingering residents.
Real Estate Mumbai
NCLT Orders Fresh Start for Lavasa Corporation's Insolvency Process
Lavasa Corporation's insolvency process to restart after Darwin Platform Infrastructure Ltd fails to implement resolution plan