Lavasa Project

HCC shelves Lavasa IPO plan for third time

Hindustan Construction Company (HCC) has put the proposed IPO for its ambitious Lavasa project on the backburner for the third time, citing bad market conditions in the realty sector.

Environment min gives clearance to Lavasa

The environment ministry has given its nod to the long-pending Lavasa project. Sources tell CNBC-TV18's Bahar Dutt that all conditions have been met by the Lavasa project proponent and that the five-page document (which spells out condition imposed on Lavasa) will be put up on the government website soon.

MoEF's 11-month delay over Lavasa has hurt financials: HCC

Chairman of HCC Ajit Gulabchand tells CNBC-TV18 in an exclusive interview that the Lavasa project is an infrastructure project which the Maharashtra government itself wanted.

Domestic order book needs attention, says HCC

Hindustan Construction Company (HCC) has had a trying quarter. It was hit by a stop of construction at its flagship Lavasa project and delayed approvals in other projects.

Environment ministry sets terms to consider Lavasa approval

The environment ministry on Tuesday said it could consider approving Hindustan Construction Co's Lavasa project on conditions that included a penalty payment and the setting up of a restoration fund.