BUSINESS
Detailing the origins of the project the 50-year-old motor-racing enthusiast said it was in 1999 that he had first discussed the Maharashtra government’s Lake District Project with Pawar and made known his interest in the proposal to replicate England’s Lakes District.
In an exclusive interview to DNA on Saturday, City Corporation Ltd’s managing director, Aniruddha Deshpande, said the Lavasa project was born out of a common vision shared by him and Nationalist Congress Party president, Sharad Pawar.
Detailing the origins of the project the 50-year-old motor-racing enthusiast said it was in 1999 that he had first discussed the Maharashtra government’s Lake District Project with Pawar and made known his interest in the proposal to replicate England’s Lakes District.
“We felt that just as lake sites in England’s Lake District had been linked with roads, a tourism zone could be created by developing various dam sites, from Lonavla to Radhanagari in Kolhapur district,” Deshpande said.”It was Pawar who suggested to me that I explore the Warasgaon-Panshet belt for a possible project,” he recalled.
After multiple visits to the Warasgaon dam site, Desphande decided to take the project forward and established the Pearly Blue Lake Resorts Pvt Ltd, with Pune businessmen Aniruddha Seolekar and Vitthal Maniyar.
Deshpande said that since the company was looking for investors, they approached Sadanand Sule (Sharad Pawar’s son-in-law), among others. “We did not realise the implications of Sule’s investments and the controversies that would follow,” he added.
According to him, on realising that the project was beyond their capacity, large infrastructure firms were approached and Hindustan Construction Company (HCC) entered the project nearly two years after the lake city project had been initiated by him.
‘Punished without reason’: Mark Zuckerberg's Meta fires employee day before bonus for sharing...
59 trips To Bengaluru, Mumbai: Two foreign women arrested with Rs 75 crore drugs at...
India overtakes UK, France and Russia in global power rankings, only behind...; check list here
Azim Premji's Wipro rejigs business lines, new structure from April 1 to focus on...
This Bengali star joins Akshay Kumar, Paresh Rawal, Priyadarshan's Bhooth Bangla
PM Modi on strained relations with Pakistan: 'Time and again, they decided to be at odds with India'
'It was 360 turnaround': Hardik Pandya reflects on Wankhede redemption ahead of IPL 2025
Munawar Faruqui opens up about his marriage with Mehzabeen Coatwala, says 'I was exhausted, but...'
What is solo polyamory? A new relationship trend that rejects love and commitment
Dupahiya star Sparsh Shrivastava experiments with 'didi braids': 'It's boring to be same'
Tom Cruise, Ana de Armas spark dating rumours with their London outing; see viral photos
'A true gift to India': Gautam Adani says world-class Navi Mumbai airport to be inaugurated in...
Viral video: Lion cub mischievously wakes up sleeping parents, internet amused; WATCH
Apple to begin production of THIS iPhone accessory at Foxconn's Hyderabad plant from...
Costliest home game ever: PCB spent Rs 8690000000 for match against New Zealand in Champions Trophy
Meet the New ISS Crew: NASA, JAXA, Roscosmos astronauts arrive aboard SpaceX Dragon
Voice artiste mimics Shinchan, Shinzo's voice to sing 'Uyi Amma', WATCH viral video
Janhvi Kapoor condemns 'appalling and enraging' Vadodara car crash: 'Sick to my stomach'
Heatwave scorches THIS Indian state, seven districts record over 40 degrees C temperatures
Malaika Arora stuns in body-hugging all-black latex outfit, fans can’t stop gushing over her look
'Elon Musk Khan': Tesla CEO's doppelganger spotted in Pakistan enjoying meal with friends, WATCH
Abhishek Bachchan reveals why he avoids doing sexually explicit films: 'I don’t like showing...'
Mom-to-be Kiara Advani flaunts pregnancy glow, calls it...
Salman Khan’s bold fashion choice in Mumbai leaves fans baffled, calls a 'fashion disaster'
51 killed, 100 injured after fire breaks out at nightclub in North Macedonia
Narayan Murthy's Infosys hit again, company loses Rs 44226 crore in just 4 days after...
Meet man, only Indian to own a train, not Mukesh Ambani, Gautam Adani, Narayana Murthy, he is...
Former Infosys CFO Mohandas Pai backs three-language policy, calls it ‘competitive advantage in...'
'People who have no control...': Virat Kohli takes subtle dig at BCCI's family restriction rule
When Pakistani actor Nabeel Zafar advised Sania Mirzo to 'remarry', old video goes viral
‘Hindi hi bolenge’: Man refuses to speak Marathi at D-Mart in Pune, viral video sparks heated debate
Memes flood social media after New Zealand demolish Pakistan by 9 wickets in 1st T20
Meet Anita Anand and Kamal Khera, two Indian-origin ministers in Canadian PM Mark Carney's cabinet
Starbucks ordered to pay Rs 4347112500 to delivery driver due to...
Alia Bhatt says she reads these books to Raha, reveals 'I go for therapy...'
Is Elon Musk's Starlink a game-changer for India?
Meet Lewis Hamilton, seven-time world champion who made his Ferrari debut in Australian GP
Meet man, founder of Rs 1.5 lakh crore company, has no phone, drives Rs 6 lakh car, his business is…
US President Donald Trump mulls travel ban on over 40 countries; What does it mean for Indians?
Sunita Williams’ Return to Earth: Crew transition and journey back from ISS
Awaiting the Pull of Gravity: Sunita Williams' health in microgravity and coming readjustment
When Sobhita Dhulipala was replaced with a dog in a brand shoot in Goa
Maharashtra: Man suffers heart attack while driving car, rams into multiple vehicles in Kolhapur
Harmanpreet Kaur hugs Nita Ambani as MI lifts WPL trophy, viral moment steals the show
Gold smuggling case: BIG action against Ranya Rao's stepfather, DGP K Ramachandra Rao; sent on...
Who is Lex Fridman? Meet American podcaster set to release 'epic' 3-hour podcast with PM Modi
'Love for Bharat unites us all': Amit Shah gifts guitar to Mizoram's 7-year-old singing prodigy
Canada's BIG move: PM Mark Carney reviews purchase of American F-35 jets amid tensions with Trump