Thursday, August 7, 2008

Lavasa - Origins and history

Lavasa is a 25,000 acre development located on the banks of Varasgoan Lake in Mulshi Taluka, Pune District, Maharashtra, India at an altitude ranging from 2,000 - 3000 ft, 64 Kms south west of Pune via a toll road from Chandni Chowk exit of NH4 (Mumbai Bangalore Pune bypass) via Pirangut and Temghar Dam. Driving time from Chandni Chowk to Lavasa main entrance is about 1 hour. For driving directions see this link http://www.lavasa.com/what_is_lavasa/location.html

To see a satellite image to go http://www.wikimapia.org/#lat=18.3996101&lon=73.5082126&z=16&l=0&m=a&v=2 What is called the city hub will be the backwaters of the Dasve Dam.

To read about it's origins, check out this link http://covert.co.in/150508/sharad.htm published in the May 15, 2008 issue of Covert Magazine edited by M.J. Akbar. Sucheta Dalal has also touched on it in this article http://www.lavasa.com/what_is_lavasa/location.html

Activist Medha Patkar is also raising some dust about this project. See http://www.expressindia.com/latest-news/Patkar-says-Lavasa-probe-slow-plans-rally/322481/ Will this dust settle or become a storm, time will tell.

Lavasa Corporation Ltd., valued at Rs. 10,000 crores, is owned by HCC Real Estate (65%) and 35% by other promoters including Venkateshwara Hatcheries, LM Thapar's Avantha Group, Axis Bank (2.5%), Deutsche Bank, Singapore (5%) and an unnamed leading real estate developer from Pune.

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