I was amongst the first people to attend the investor presentation of Lavasa. I didn’t invest as I did not like the fact that maintenance fees etc would be arbitrarily decided by Lavasa Corporation.However lots of people in the meet came with their cheque books and invested.Everyone thought that this project was backed by Sharad Pawar and so nothing would go wrong-Pune after all is the fiefdom of the Pawar family.
All realty investors must read this-How Lavasa investors were cheated http://t.co/S32EDqtipc
— alphaideas (@alphaideas) September 27, 2013