+
Valor Tops Bidding for Lavasa With Rs 7.71 Billion Offer
Real Estate

Valor Tops Bidding for Lavasa With Rs 7.71 Billion Offer

Valor Estate (formerly DB Realty) has emerged as the top bidder for Lavasa Corporation with a Rs 7.71 billion offer, marking a key milestone in resolving the long-pending insolvency of the stalled hill city near Pune.

Following a 10-round competitive challenge under the Corporate Insolvency Resolution Process (CIRP), Valor’s bid on a net present value basis surpassed other contenders, including Welspun Group and Lodha Developers. Lavasa, once touted as India’s first planned hill city, had accumulated debt of over Rs 66.42 billion, deterring resolution efforts in the past.

However, Valor’s proposal remains conditional, with environmental clearances forming a critical hurdle. Regulatory challenges have repeatedly delayed Lavasa’s revival, and land title complexities continue to be a concern for lenders. The Committee of Creditors has invoked a 90-day extension for evaluating bids and ensuring all legal checks are completed.

The second-highest bid was from Welspun Group at Rs 7.5 billion, followed by Yogayatan Group’s Rs 7.25 billion. This marks the third major attempt to resolve Lavasa’s insolvency, after a Rs 18.14 billion plan by Darwin Platform Infrastructure collapsed due to non-payment issues in 2023.

Valor Estate’s stock performance has seen moderate movement. On 11 July 2025, shares opened at Rs 243.39, peaked at Rs 243.60, and closed at Rs 242.90, up 0.24 per cent. The stock has gained 3.19 per cent over the past week, 1.24 per cent over the past month, and 39.21 per cent over the last three months.

While the bid positions Valor Estate as the frontrunner, the outcome hinges on regulatory approvals and smooth execution—factors that have historically plagued the Lavasa project.

Valor Estate (formerly DB Realty) has emerged as the top bidder for Lavasa Corporation with a Rs 7.71 billion offer, marking a key milestone in resolving the long-pending insolvency of the stalled hill city near Pune.Following a 10-round competitive challenge under the Corporate Insolvency Resolution Process (CIRP), Valor’s bid on a net present value basis surpassed other contenders, including Welspun Group and Lodha Developers. Lavasa, once touted as India’s first planned hill city, had accumulated debt of over Rs 66.42 billion, deterring resolution efforts in the past.However, Valor’s proposal remains conditional, with environmental clearances forming a critical hurdle. Regulatory challenges have repeatedly delayed Lavasa’s revival, and land title complexities continue to be a concern for lenders. The Committee of Creditors has invoked a 90-day extension for evaluating bids and ensuring all legal checks are completed.The second-highest bid was from Welspun Group at Rs 7.5 billion, followed by Yogayatan Group’s Rs 7.25 billion. This marks the third major attempt to resolve Lavasa’s insolvency, after a Rs 18.14 billion plan by Darwin Platform Infrastructure collapsed due to non-payment issues in 2023.Valor Estate’s stock performance has seen moderate movement. On 11 July 2025, shares opened at Rs 243.39, peaked at Rs 243.60, and closed at Rs 242.90, up 0.24 per cent. The stock has gained 3.19 per cent over the past week, 1.24 per cent over the past month, and 39.21 per cent over the last three months.While the bid positions Valor Estate as the frontrunner, the outcome hinges on regulatory approvals and smooth execution—factors that have historically plagued the Lavasa project. 

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?