Issue Date: May 17, 2012
Lavasa Corporation Limited (LCL), promoter of Lavasa city near Pune, is likely to lose the uninhibited powers it enjoys in drawing up development plans for the hill station. It is learnt that the Maharashtra government has decided to revoke the Special Planning Authority (SPA) status granted to the project at the time of its inception. The move follows strictures passed by the Comptroller and Auditor General against illegal expansion plans for the hill city.
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