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Oberoi Realty Group, Interups submit EoI for revival of Lavasa hill station project

Tuesday, 14 Jan 2020
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Mumbai-based Oberoi Realty Group and New York’s financial services group Interups have submitted expression of interest (EoI) for revival of Lavasa hill station project.

The final hearing at the National Company Law Tribunal (NCLT) is expected on 20 January 2020. The other bidders who have made similar submissions include Pune-based realtor Aniruddha Deshpande, Haldiram Snacks as well as UV Asset Reconstruction Company.

While the three bids came up in October 2019, the Committee of Creditor’s (COC) decided to seek more time from NCLT for debt resolution of Lavasa Corporation after the bids made by Haldiram Snacks and Pune-based real estate builder Aniruddha Deshpande.

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