L&T Finance checks in at Lavasa

L&T Infra Finance has signed an agreement with Lavasa Corporation, a subsidiary of HCC group, for purchase of 20.23 hectares of land, with a development potential of 500,000 sq ft at Mugaon town in Pune's Lavasa City. L&T Infra Finance proposes to utilise this land for corporate purposes and potentially for back-office requirements of L&T Financial services. Rajgopal Nogja, chief operating officer, HCC, said this move would create employment opportunities and give impetus to the region's development.