Lavasa Corporation

Name

Lavasa Corporation

Legal name

Lavasa Corporation Limited

Website

https://lavasa.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Planned Hill City and Real Estate Development

NAICS

Land Subdivision (23721), Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate (6500), Hotels & Motels (7011)

akta.pro primary industry

Smart Cities & Urban Innovation Programs (Digital Planning, Civic Tech for Cities) (BPAIANAJ)

akta.pro secondary industry

Sustainable Cities, Urban Development & Green Infrastructure (BPADALAL)

Keywords

• Planned hill city
• Smart city development
• Residential real estate
• Hospitality services
• Tourism activities

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Real Estate Sales: Sale of residential properties including apartments (Studio, 1.5BHK, 2BHK, 3BHK, 4BHK) and villas across multiple towns (Dasve, Mugaon). Properties priced from Rs. 27 lakhs onwards, sold through direct sales teams in Mumbai and Pune. Also includes commercial spaces and office rentals.
2. Hospitality and Hotels: Operates and manages multiple hotels and resorts within Lavasa including Mercure Lavasa (130 rooms), Fortune Select Dasve (60 rooms), The Waterfront Shaw (43 apartments), and Ekaant The Retreat (20 rooms). Revenue from room rentals, F&B, and events.
3. Tourism and Leisure: Revenue from tourism activities including lakeshore watersports, adventure sports (Xthrill Adventure Academy), indoor golf, splash pad, city tours, and event venues (LICC). Additional revenue from club memberships (Dasvino Town & Country Club).
4. Education and Training: Revenue from educational institutions operating within Lavasa including Ecole Hoteliere Lavasa (hospitality management), Dasve Public School, Christ Institute of Management (Christ University), and partnerships with ACCA, Rutgers University, and UK India Business Council for certification programs.
5. City Services and Municipal Revenue: Revenue from city management services, utilities, and municipal functions. Includes billing and collection services for MSEDCL (power) and SCML (city maintenance).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Lavasa Corporation develops and operates India's first planned hill city and Smart City in the Sahyadri Mountains between Mumbai and Pune, selling residential apartments and villas, operating hotels and resorts (Mercure, Fortune Select Dasve, The Waterfront Shaw, Ekaant The Retreat), and running tourism, adventure, and educational facilities (Xthrill Adventure Academy, Lakeshore Watersports, Dasvino Club, Ecole Hoteliere Lavasa, Christ Institute of Management). The integrated city infrastructure combines living, working, learning, and playing under a proprietary Smart City Management System with Wi-Fi, GIS, and e-governance layers.

Product overview

Lavasa Corporation is a planned hill city development (India's First Smart City) offering a diversified portfolio of residential properties, hospitality services, entertainment facilities, and educational institutions. The residential segment includes apartments (Hillshore, Brook View, Delfino, Valley View, Belshore) and villas. Hospitality offerings feature hotels and resorts (Ekaant - The Retreat, Fortune Select Dasve, The Waterfront Shaw, Mercure Lavasa). Entertainment and tourism encompass Dasvino Town & Country Club, Lakeshore Watersports, Vortex Splash Pad, Indoor Golf Center, Games Arcade, and Xthrill Adventure Academy. Educational institutions include Ecole Hoteliere Lavasa (hospitality management), Christ Institute of Management, Dasve Public School, and Redgrave Rowing Academy. The company also offers a mobile tourism application.

Differentiator

Problem solved

Functional benefit

Products and services

• Hillshore Apartments Stylish apartments in Mugaon designed by architect Hafeez Contractor, offering Studio, 1.5BHK, 2BHK, 3BHK, and 4BHK configurations starting from Rs. 27 lakhs, with provisions for home automation.
• Brook View Apartments Residential apartments in the Dasve town area offering panoramic landscape views and spacious designs.
• Delfino Apartments Residential apartments in Lavasa's apartment portfolio with contemporary designs.
• Valley View Apartments Residential apartments offering scenic valley views in Lavasa's residential portfolio.
• Belshore Apartments Residential apartments in Lavasa's apartment portfolio in Belshore configuration.
• Villas Goan-Mediterranean four-bedroom villas offering luxury living options in Lavasa.
• Mercure Lavasa (Hotel Celebration) Peaceful getaway operated under the Mercure brand by Accor Hotels, featuring 130 modern rooms including 96 standard rooms, 31 superior rooms, 2 family rooms, and 1 accessibility room, with restaurant (Celebrations) and Zen Bar.
• Fortune Select Dasve Contemporary full-service hotel operated under Fortune Select brand by ITC's hospitality division, with 60 well-appointed rooms overlooking hills or Warasgaon Lake, featuring Zodiac coffee shop, Earthen Oven restaurant, and Nostradamus Bar & Lounge.
• The Waterfront Shaw Luxury waterfront apartment hotel offering 43 apartments ranging from studio to 2-bedroom units with lake and mountain views.
• Ekaant - The Retreat 20-room scenic resort with tastefully furnished rooms, multi-cuisine restaurant Vyanjan, and conference facilities amidst the Sahyadris.
• Xthrill Adventure Academy Adventure sports facility at 1500 feet above sea level with AC tents and activities including rappelling, rock climbing, camping, and jungle treks.
• Dasvino Town & Country Club Leisure facility on the banks of Warasgaon Lake with world-class spa, restaurants, pub, and gymnasium, offered through club membership.
• Lakeshore Watersports International watersports experience on Warasgaon Lake with pontoons, bumper boats, jet skiing, water volleyball, and pedal boats.
• Vortex Splash Pad Zero-depth interactive water play area with Splashpad, Poolplay multi-level interactive components, and Spraypoint Urban Oasis water features, priced at Rs. 200 per hour.
• Lavasa's Indoor Golf Recreational & Learning Center Unique indoor Pitch & Putt Golf course facility in India with Basic Introduction/Game Play at Rs. 500 for 1 hour and Virtual Golf Simulator at Rs. 1,000 for 2 hours.
• Games Arcade Gaming facility featuring Neo arcade, Electronic darts, Photo play at Neo Spark, and Robin Self Balancing Joyride.
• Ecole Hoteliere Lavasa Hospitality management institute offering culinary arts and hospitality training programs, affiliated with Ecole Hoteliere de Lausanne.
• Christ Institute of Management (CIM) Two-year full-time PGDM courses with specialization in Finance and Marketing, operated by Christ University.
• Dasve Public School Day school for children of villagers and Lavasa Corporation employees, following rigorous academic and co-curricular programs.
• Redgrave Rowing Academy Rowing academy set up in association with Sir Steve Redgrave (Britain's greatest Olympian), with his team of trainers conducting training programs for professional and amateur rowers year-round.
• Lavasa Tourism App Tourism mobile application available on Google Play and App Store, providing city guide and tourism information for visitors exploring India's first planned hill city.

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• Rutgers UniversityminorStrategic or Co-development Partner · 13 September 2014Rutgers University conducted International Certificate Programs in Training Skills at Lavasa. First batch held September 13-16, 2014 (22 participants from PSUs and engineering colleges). Second batch September 18-21, 2014 (31 participants).
• Christ University (Christ Institute of Management)coreStrategic or Co-development Partner · 20 July 2014Christ University established its Christ Institute of Management (CIM) campus at Lavasa, offering two-year full-time PGDM courses with specialization in Finance and Marketing. CIM was inaugurated on July 20, 2014.
• UK India Business CouncilminorStrategic or Co-development Partner · 9 June 2014Lavasa Corporation and UK India Business Council, in collaboration with Association of Colleges (UK), Manipal City & Guilds, Burton and South Derbyshire College, and Highbury College, launched Certificate Programmes in Construction (Masonry and Bar Bending) and Unarmed Security. Programs commenced June 9, 2014.
• ACCA (Association of Chartered Certified Accountants)minorStrategic or Co-development Partner · 26 June 2013Lavasa offers ACCA's internationally recognized professional accounting qualification, equivalent to a UK Master's degree. ACCA has a global alliance with Oxford Brookes University Business School. This is ACCA's first international association in India, launched June 26, 2013.
• Ecole Hoteliere de LausannecoreStrategic or Co-development PartnerPartnership with the world-renowned Swiss hospitality management school to establish Ecole Hoteliere Lavasa at the project site, providing hospitality management education and training.
• Sir Steve Redgrave / Golden Five LimitedcoreStrategic or Co-development PartnerSir Steve Redgrave (Britain's greatest Olympian) partnered with Lavasa to establish the Redgrave Rowing Academy at Lavasa. His team of trainers conducts training programs for professional and amateur rowers throughout the year. The academy is managed through Golden Five Limited.
• Hockey AustraliacoreStrategic or Co-development PartnerPartnership with Hockey Australia to establish a world-class hockey academy at Lavasa as part of the sports infrastructure development.
• Mercure Lavasa (Accor Hotels)coreChannel Partner/ Reseller/ DistributorHotel Celebration Lavasa is operated under the Mercure brand by Accor Hotels, an international hospitality chain. The hotel features 130 modern rooms, a restaurant (Celebrations), and Zen Bar.
• Fortune Hotels (ITC)coreChannel Partner/ Reseller/ DistributorLavasa Select Dasve is operated under Fortune Select brand by ITC Limited's hospitality division. Features 60 well-appointed rooms, Zodiac coffee shop, Earthen Oven restaurant, and Nostradamus Bar & Lounge.
• Apollo HospitalscoreChannel Partner/ Reseller/ DistributorApollo Hospitals operates a fully-equipped hospital within Lavasa with 50-60 beds, specialist doctors for round-the-clock medical services, fully functional pathological lab, and ambulance services throughout the city.
• AccentureminorImplementation/ SI/ Consulting PartnerAccenture is listed as a strategy & partnerships strategic advisor for Lavasa's smart city development.
• DeloitteminorImplementation/ SI/ Consulting PartnerDeloitte is listed as a strategy & partnerships strategic advisor for Lavasa's smart city development.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• DLF Limited: India's largest listed real estate developer with diversified residential, commercial, and township developments. Comparable to Lavasa in core real estate development activity and Indian market focus, though DLF operates at much larger urban scale without the integrated hill-city angle.
• Brigade Group: Indian real estate developer with integrated mixed-use developments and hospitality assets including hotels. Comparable in operating multi-vertical real estate with hospitality and education-adjacent amenities.
• Mahindra Lifespace Developers: Indian real estate developer with planned integrated townships under the Mahindra brand. Comparable as a developer of integrated residential communities with strong brand and partner networks similar to Lavasa's HCC lineage.
• Lodha Group (Macrotech Developers): Major Indian residential and township developer with flagship integrated developments such as Palava City. Comparable to Lavasa in building and operating integrated planned townships with residential, commercial, and lifestyle components.
• Prestige Group: Major Indian real estate developer with large integrated township projects and hospitality assets. Comparable as a diversified developer with residential, hospitality, retail, and commercial offerings similar to Lavasa's multi-vertical stack.

Regional players

• CIDCO (City and Industrial Development Corporation of Maharashtra): Maharashtra state-owned planned-city developer responsible for Navi Mumbai and other new-town developments. Highly comparable as a planned-city developer operating in the same Maharashtra geography as Lavasa with similar smart-city ambitions.
• Mahindra Holidays & Resorts India: Hospitality and timeshare resort operator with integrated vacation destinations across India. Comparable to Lavasa's hospitality, weekend-getaway, and club membership offerings, particularly Dasvino Town & Country Club and resort properties.

Direct peers

• GIFT City (Gujarat International Finance Tec-City): A purpose-built planned city in Gujarat focused on financial services and smart-city infrastructure. Directly comparable to Lavasa as one of India's flagship large-scale planned city developments with integrated smart-city services and infrastructure.
• Hiranandani Group: Developer of self-contained planned townships (e.g., Hiranandani Gardens) integrating residential, commercial, schools, and hospitals. Closely comparable to Lavasa's planned-city model with mixed-use, self-sufficient design philosophy.
• Jindal Global City: Planned integrated city development anchored around educational institutions in Sonipat, Haryana. Comparable to Lavasa's planned-city-as-educational-anchor concept with integrated lifestyle and academic infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/lavasacommunity
• Facebookfacebook.com/lavasacommunity
• LinkedInlinkedin.com/company/lavasa-corp-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lavasa Corporation