Mumbai-based Yogayatan Group raises bid for Lavasa, emerges as top bidder

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Yogayatan Group has emerged as the highest bidder for the debt-laden Lavasa Corporation, increasing its bid to Rs 795 crore. This surpasses Valor Estates' previous offer, although Valor has expressed interest in upping its bid. Lenders are navigating complexities including land titles and environmental concerns in this second attempt to resolve Lavasa's insolvency after a prior plan failed.