Valor Estates has emerged as the frontrunner in Lavasa Corporation's acquisition with a ₹946 crore bid, while legal disputes threaten to delay India's first planned hill city's resolution process.

"Mumbai-based Yogayatan Group emerges as top bidder for debt-ridden Lavasa Corporation with ₹795 crore offer, surpassing Welspun Group and Valor Estates in final bidding round."

Valor Estate wins Lavasa Corporation bidding with ₹771 crore offer. Third resolution attempt for the debt-ridden hill city project near Pune. Environmental clearance remains key challenge for final approval.

Welspun Group submits highest bid of Rs 850 crore for Lavasa Corporation as six developers compete in second acquisition attempt. Environmental clearance remains key hurdle for India's first private hill station project.

Lavasa City, India's ambitious ₹25,000 crore private hill station near Mumbai and Pune, transformed from a luxury European-style dream into a cautionary tale of environmental violations, financial collapse, and stalled development.

Lavasa, the luxurious and private planned city in the Western Ghats of India, has been sold to Darwin Platform Infrastructure with the clearance of the National Company Law Tribunal (NCLT).