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Saturday, July 21, 2012

Lavasa


Lavasa  is a private, planned city being built near Pune.
A 25,000 acres (100 km2) or 8,000 acres (32 km2) project being developed by HCC, this as-yet-incomplete city has been controversial for multiple reasons including procurement of land, harm to the environment, and loans acquired through political corruption. 



In late 2010 the Indian Environment and Forests Ministry ordered that construction cease because the project violated environmental laws. As of late 2011, this order has been rescinded, but the project's scale may have been reduced and an IPO may not occur. 

Lavasa 

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