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November 29, 2015 1:16 AM ET

Real Estate Management and Development

Company Overview of Lavasa Corporation Limited

Company Overview

Lavasa Corporation Limited develops, manages, and sells a hill city in India. Its development portfolio comprises villas and apartments, studios and serviced apartments, and rental and retiree housing. The company’s portfolio also includes hospitality, tourism, health and wellness, education, IT/ITES, non-polluting industry, professional services, convention centre, and city management services sectors; schools and colleges, playgroup and nursery schools, management institutes, executive education centers, post graduation institutes, adventure training institutes, vocational institutes, and sports academies; and budget and luxury hotels, clubs, resorts and spas, cricket grounds, golf courses...

Hincon House

11th Floor

247 Park

Lal Bahadur Shastri Marg, Vikhroli (West)

Mumbai,  400083


Founded in 2000

801 Employees


91 22 4025 6000


91 22 4025 6889

Key Executives for Lavasa Corporation Limited

Chief Executive Officer and President
Age: 56
Chief Financial Officer
Age: 60
Deputy Chief Operating Officer
Age: 41
Chief Town Planner, Chairman of SPA and Chief Executive Officer of SPA
Age: 69
Senior Vice President of Marketing
Age: 46
Compensation as of Fiscal Year 2015.

Lavasa Corporation Limited Key Developments

Lavasa Corporation Limited Reports Unaudited Standalone Earnings Results for the First Half Ended September 30, 2015

Lavasa Corporation Limited reported unaudited standalone earnings results for the first half ended September 30, 2015. For the first half, the company reported net sales/income from operations of INR 413.418 million compared to INR 1,855.936 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,085.438 million compared to profit from operations before other income, finance costs and exceptional items of INR 1,808.77 million a year ago. Loss from ordinary activities before tax was INR 757.49 million compared to profit from ordinary activities before tax of INR 129.908 million a year ago. Net loss was INR 563.256 million compared to net profit of INR 68.425 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.73 compared to basic and diluted profit per share before and after extraordinary items of INR 0.07 a year ago.

Lavasa Corporation Limited, Board Meeting, Oct 27, 2015

Lavasa Corporation Limited, Board Meeting, Oct 27, 2015. Agenda: To consider and take on record the un-audited financial results for the quarter and half year ended September 30, 2015.

ICICI Bank Sells INR 2,500 Million Lavasa NCDs to Arcil

ICICI Bank has sold INR 2,500 million of non-convertible debentures issued by Lavasa Corporation. The private sector lender had bought these NCDs at a coupon of 9% per annum that is secured with the company's 747 acres.

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