MUMBAI, MARCH 26:
Lavasa Corporation has announced the launch of Mugaon, the second township to be built at Lavasa.
Mr Rajgopal Nogja, Group President, HCC, said, “Dasve and Mugaon, the first two towns are part of the planned Phase 1 development which has been cleared by the Ministry of Environment & Forests. Dasve, the first town is completely sold out and, for Mugaon, we have a long waiting list.”
Lavasa Corporation has resumed construction after the environment clearance was given by the Ministry. Mr Nogja presented the keys of an apartment to the 100th citizen of Lavasa.
The Mugaon development, across 2,400-acre, will comprise residential, education, business and commercial spaces.
Over 2,000 apartments, ranging from 550 sqft to 2,000 sqft will be built over four years. The sqft price varies from Rs 3,550 to Rs 3,950.
Mugaon will also be connected to Lonavala through another approach road and a tunnel is being built for the purpose, the company said.
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