Lavasa Construction

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  Bankruptcy Court Admits Insolvency Plea Against Lavasa Corporation

  Construction firm HCC's real estate firm Lavasa Corporation will face insolvency proceedings with the NCLT on Thursday admitting plea of lenders of the debt-ridden realty firm.

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  Lavasa, A Billionaire's Dream City Near Mumbai, Turns Into Ghost Town

  The days of zero crime are over. Garbage collection is sporadic, so litter soils the man-made lake. Storefronts are vacant. Signs of neglect are everywhere: maintenance is late or nonexistent.

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  Hindustan Construction Company Shelves Lavasa IPO Plan

  Hindustan Construction Company (HCC) has put a proposed initial public offer (IPO) for its ambitious Lavasa project on the back-burner for a third time, citing bad market conditions in the realty sector.

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  Lavasa IPO Likely by July-September Quarter

  Engineering firm Hindustan Construction Company (HCC) is likely to list its subsidiary Lavasa Corporation to raise Rs 750 crore during July-September period of this fiscal year, top company official said.

• HCC Jumps After SEBI Observations on Lavasa IPO

  Lavasa had filed draft prospectus with the market regulator for an IPO of up to Rs 750 crore, HCC said in July.

• Lavasa Corp Gets Sebi Nod to Raise Rs 750 Crore via IPO

  Lavasa Corporation, the realty arm of construction major HCC, has received approval of the Securities and Exchange Board of India (Sebi) for raising Rs 750 crore through initial public offering (IPO).

• Sebi Seeks Fresh Clarification on Rs 750-Crore Lavasa IPO

  The Securities and Exchange Board of India (Sebi) has sought fresh clarifications on the proposed Rs 750-crore initial public offer (IPO) of Lavasa Corporation, the realty arm of construction major HCC.

• Sebi Seeks Clarifications on Lavasa's Rs 750-crore IPO

  Sebi said that it might issue observations on Lavasa's IPO document within 30 days from the date of receipt of satisfactory reply from the lead merchant bankers to the clarification or additional information sought from them.

• Hindustan Construction Decides to Take Lavasa Public, Files for Rs 750-Crore IPO

  Private township developer Lavasa Corporation, which is a subsidiary of the engineering and realty major Hindustan Construction Company, said on Tuesday it plans to mop up Rs 750 crore through an initial public offering.

• Hindustan Construction Company Posts Net Profit of Rs 24 Crore in Q4

  Hindustan Construction Company (HCC) on Friday reported a standalone net profit of Rs 24.40 crore for the quarter ended March, 2014.

• HCC reports net loss of Rs 54 cr in January-March

  Leading infrastructure firm Hindustan Construction Company reported a standalone net loss of Rs 54.17 crore largely due to increased finance costs and lower net sales.

• Hindustan Construction Company Ltd - Statement issued by Lavasa Corporation Ltd, Subsidiary Company of HCC in response to media reports

  Hindustan Construction Company Ltd ('HCC') has informed BSE that, the Company refer to certain media reports regarding 'Show Cause Notice' issued to M/s Lavasa Corporation Ltd, Subsidiary Company of HCC by the Ministry of Environment and Forests.  In this regard, the Company has submitted to BSE a copy of Media Statement issued...

• Environment Ministry gives conditional clearance to Lavasa

  Lavasa - the massive township that's being built at a cost of Rs 3000 crore near Pune in Maharashtra - has received a conditional clearance from the Ministry of Environment in Delhi . The housing project - being built over 25, 000 acres - confronts court cases for alleged violation of the Environmental Protection Act. Those cases will continue, but...

• Lavasa chief wants PM to intervene after govt refuses green nod

  Ajit Gulabchand, the chairman of Hindustan Construction Company (HCC) wants the Prime Minister to intervene after the environment ministry (MoEF) on Friday denied clearance to the first phase of Rs 3,000 crore Lavasa hill city project near Pune.

• Environment Ministry asks Maharashtra to take action against Lavasa

  The Environment Ministry today directed Maharashtra government to take action against Lavasa.The Ministry said that while building the first phase of its hill town project near Pune, there was illegal construction on the 681 hectares of land. The company did not get environmental clearance, said the Ministry. "We welcome the recommendations of the ...