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.

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.

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).