Real estate and construction in India

AZB & Partners

AZB & Partners advises investors, lenders and developers on all aspects of real estate transactions, including joint ventures and foreign investments in mixed-use developments and in commercial, residential, warehousing and special economic zone projects. Real estate dispositions, financing and debt restructuring are other areas of expertise for the department, which also advises clients in relation to leasing, licensing, sale arrangements and applicable local levies, including zoning and land use regulations. Real estate investment expert Sai Krishna Bharathan leads the practice alongside Hardeep Sachdeva and Nohid Nooreyezdan, who regularly advises on the transfer of immovable land.

Practice head(s):

Sai Krishna Bharathan; Nohid Nooreyezdan; Hardeep Sachdeva

Other key lawyers:

Vivek Bajaj; Ananya Sharma; Shivani Kabra; Monika Bhonsale; Rohit Bajaj

Testimonials

‘The team has deep legal expertise coupled with sound commercial knowledge.’

‘Lawyers are understanding and willing to meet tight deadlines.’

Key clients

Xander Investments

Ascendas Property Fund Trustee Pte. Ltd

Shapoorji Pallonji & Co. Ltd.

CPPIB

WPP Marketing Communications India Private Limited

Hero Cycles Limited

Virtuous Retail South Asia Pte. Ltd

GIC Singapore

Singapore Technologies Telemedia Global Data Centre Pvt. Ltd.

Mahansaria Tyres Private Limited

RMZ Group

Godrej Funds Management Pte. Ltd.

Godrej Funds Management Pte. Ltd.

Gera Developments Private Limited

Audia Plastics India Llp

Standard Chartered Bank

ILC Group

Altico Capital India Limited

Haryana State Industrial & Infrastructure Development Corporation Limited

M3M India Pvt. Ltd.

Hines India

ASF Group

Emaar Group India

Adani Realty

Varde Partners Inc.

B.I. Waverly Private Limited

Splendor Group

JM Financial Credit Solutions Limited

Siemens India Limited

Ivanhoe Cambridge

Equis Pte. Ltd.

Total Environment Building Systems Private Limited

Interglobe Real Estate Ventures

DLF Limited

HDFC Capital Advisors Ltd.

Joyville Shapoorji Housing Private Limited

Axis Bank

CP Wholesale India Pvt. Ltd.

LI Industrial Parks Private Limited

PCM Inc.

Work highlights

  • Advised Bharti Realty and its affiliates on the agreements related to a commercial development project.
  • Advised Ascendas Property Fund Trustee on all aspects of a transaction related to the acquisition of six warehouses from Arshiya.
  • Advised WPP Marketing Communications India on entering into an arrangement with Chalet Hotels for the use of a business centre facility.
  • Advised Hero Cycles on its proposed joint venture with Godrej Fund Management, the real estate private equity arm of the Godrej Group, for the development and management of approximately 1 million square feet of prime office and retail space.
  • Acted for Virtuous Retail and its affiliates in structuring the acquisition through the purchase of equity shares and non-convertible debentures of North Delhi Metro Mall, a company carrying out the construction and development of a retail mall in Khyber Pass, New Delhi.

Hariani & Co., Advocates and Solicitors

The 'extremely capable and proactive' team at Hariani & Co., Advocates and Solicitors represents the full range of participants in the real estate sector, with particular strength in acting for developers, property purchasers and sellers, and real estate financiers. The practice covers all aspects of real estate transactions, including the purchase and sale of residential flats, agricultural land, and commercial and office premises. High-value real estate finance is another core area of activity for the department, which includes managing partner Ameet Hariani.

Practice head(s):

Ameet Hariani

Testimonials

‘Ameet Hariani understands the value of completing a transaction successfully in a timely manner.’

‘The firm is very professionally managed and conveys a warm and friendly atmosphere. We have used the firm’s services for more than one real estate contract and have always been extremely satisfied.’

‘All the firm’s lawyers are very responsive, knowledgeable and customer focused. The documentation and processes of the firm are of a very high standard.’

‘The managing partner, Ameet Hariani, takes a personal interest in the firm’s cases, monitors their progress, and gives his advice and suggestions whenever deemed necessary.’

‘Sadaf Shaikh and Dilnaz Bapasola are very knowledgeable and methodical, and they had a quick turnaround time in processing matters.’

Work highlights

  • Conducted title due diligence on behalf of Housing Development Finance Corporation, an Indian financial conglomerate that is a major provider of finance for housing, to facilitate a financing transaction of Rs 700 crore for a commercial building project.
  • Assisted Piramal Housing Finance, a registered non-banking financial company (NBFC), with title due diligence and transactional documentation with respect to a Rs 210 crore financial facility to be provided to a real estate developer.
  • Advising Altico Capital India, as the lender, on the title of a property under construction for the purpose of creation of security thereon.
  • Acted for Tridhaatu Aranya Developers on the purchase of property worth Rs 148 crores in Ghatkopar, Mumbai.
  • Assisted KMP Properties with title due diligence and documentation with respect to the purchase of land in Fort, Mumbai, and a commercial building known as the Turner Morrison building on the site.

Khaitan & Co LLP

Khaitan & Co LLP offers advice on all stages of real estate transactions, namely acquisitions, developments, leasing and property sales, across India. The team also brings cross-practice expertise in funds, tax and commercial law to the table in real estate matters. Typical instructions include advising on real estate finance as well as construction disputes. Practice head Sudip Mullick specialises in commercial, industrial and residential real estate, and Harsh Parikh is experienced in joint development transactions. Avnish Sharma joined from Shardul Amarchand Mangaldas & Co, while Abhishek Sharma departed to co-head the real estate practice at Cyril Amarchand Mangaldas.

Practice head(s):

Sudip Mullick

Other key lawyers:

Harsh Parikh

L&L Partners Law Offices

L&L Partners Law Offices handles a wide range of real estate matters on a pan-Indian basis. The practice has experience advising on the ownership and acquisition of land, land use and conversion, construction approvals and foreign investment in real estate. Financing matters and the leasing and development of commercial, residential and industrial real estate, such as IT parks and mega-city and slum rehabilitation projects, feature among the firm's instructions. The practice witnessed a recent change in leadership, as former head Amaresh Singh left the firm and Sachit Mathur, who is highly active advising in relation to land aggregation for renewable energy and warehousing parks, took over as head of the department alongside Vaibhav Suri, who is noted for handling due diligence for real estate projects, and Rajiv Luthra.

Practice head(s):

Sachit Mathur; Vaibhav Suri; Rajiv Luthra

Work highlights

  • Assisted Azure Power in the acquisition of over 10,000 acres of land for the establishment of solar power plants in several states across India.
  • Advised Godrej Properties on its joint venture investment in two mixed-use projects on 35 acres of land in Gurgaon, Haryana.
  • Advised Embassy Industrial Parks on the acquisition of two land parcels for the development of warehousing parks; the firm is also handling the client’s portfolio of warehousing parks.
  • Acting for the Steel Authority of India in the disinvestment of its various immovable assets across the country.
  • Advised Cruz City 1 Mauritius Holdings on title due diligence of land forming part of a major slum rehabilitation project in Mumbai for the purpose of ascertaining the development rights of investors.

Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas & Co covers the full spectrum of real estate matters, including commercial leasing, asset sales, acquisitions, private equity investments and real estate finance. Offering a pan-India service, the firm is also well equipped to act as local counsel on issues pertaining to land and property. Litigation is another core area of work for the department, which is experienced in settling claims arising from contract, construction and title disputes, as well as loan services and foreclosure issues. Managing partner Akshay Chudasama and Mrinal Kumar, whose areas of expertise include land acquisition and foreign direct investment, lead the practice, which also advises on the establishment of real estate funds managed by both domestic and international institutions.

Practice head(s):

Mrinal Kumar; Akshay Chudasama

Other key lawyers:

Ashoo Gupta; Aarthi Lakshminarayanan; Shrutikirti Kumar

Testimonials

‘The team is well versed and updated on all the laws relating to the real estate sector.’

‘The turnaround time of the team in response to any query is good.’

Key clients

Ozone Group

Blackstone Group L.P.

Brookfield Strategic Real Estate Partners II Limited

Goldman Sachs & Co. LLC and Good Host Spaces Private Limited

Baazar Retail Limited

Exide Industries Ltd

Work highlights

  • Acted as a legal counsel to Exide Industries in respect of the $17.5m sale of its commercial property assets in Chennai to the Olympia Group.
  • Acted for Brookfield Group in relation to the acquisition of four towers with leasable office space, which involved the acquisition of 100% of the equity share capital of a wholly owned subsidiary of the Essar Group.
  • Advised Casagrand Builder on the sale of the pre-leased warehousing assets of Casa Grande Distripark (the client’s warehousing and logistics park development arm).
  • Represented the Ozone Group in the acquisition of a 100% shareholding in Platinum Holdings, along with seven acres of land and buildings located along the IT Expressway, Chennai.

Cyril Amarchand Mangaldas

The real estate team at Cyril Amarchand Mangaldas handles the full gamut of mandates, ranging from title due diligence to drafting and negotiating conveyance deeds, leases, licences and construction contracts. The practice is proficient in dealing with complex real estate transactions, including equity and debt financing and joint development arrangements, and also provides advice on land acquisition, township developments and slum rehabilitation projects. Namrata Kolar, who handles disputes in the sector, jointly heads the department with Abhishek Sharma, who joined from Khaitan & Co LLP and specialises in commercial and retail real estate transactions. Mridul Kumbalath, who is based in the Bangalore office, has experience in advising on construction laws concerning development control regulations, buildings rules and bye-laws.

Practice head(s):

Cyril Shroff; Namrata Kolar; Abhishek Sharma

Other key lawyers:

Sandeep Dave; Mridul Kumbalath; Taher Mandviwala

Testimonials

‘The team’s timely responses and logical reasoning help in-house legal counsel present the case to the commercial team in the company.’

‘The team members are knowledgeable and are familiar with the local legislation which governs the project lands.’

Key clients

JP Morgan India Services Private Limited

Blackstone Advisors India Private Limited

Canada Pension Plan Investment Board

Goodearth Eco Development Private Limited

Sobha Limited

Property Share Online Platform Private Limited

Bagmane Group

KCT Group

M/s. Bren Corporation

Puravankara Limited

Provident Housing Limited

IndusInd Bank Limited

RMZ Constructions India Private Limited

Prestige Estates Projects Private Limited

DivyaSree Group

Altico Capital India Private Limited

Embassy Industrial Parks Private Limited

ASK Property Investment Advisors Private Limited

SmartCity (Kochi) Infrastructure Private Limited

CoWrks India Private Limited

Facebook India Online Services Private Limited

Omaxe Limited

Sara International Private Limited

Rahul Gautam (promoter of Sheela Foam)

Pioneer Urban Land & Infrastructure Limited

Data Center Holdings India LLP

Work highlights

  • Acted as legal counsel to JP Morgan Services India in connection with the leasing of approximately 1.1 million square feet to be developed as a built-to-suit premises on land in Bangalore.
  • Advised CDPQ Infrastructures Asia II (a subsidiary of Caisse de dépôt et placement du Québec) in relation to the proposed acquisition of a 40% equity stake in CLP India.
  • Acted for Good Earth Eco Development in connection with the acquisition of residential converted land in Kambipura Village, Bangalore.
  • Advised Provident Housing on its joint development arrangement with San Marina Infotech Private and others with respect to land in Bangalore.
  • Acted as legal counsel to DivyaSree Group in connection with the acquisition of four floors in the UB Tower in Bangalore.

DSK Legal

DSK Legal advises on all aspects of real estate matters, including sales and acquisitions, leasing and property development. Typical instructions also include advising on the formation of real estate funds and the structuring of real estate investment trusts. Leading the practice is Sajit Suvarna, who regularly assists with regulatory issues around land aggregation for large townships and industrial, warehousing and logistic parks. The team is well versed in private equity investments as well as real estate finance. Saloni Mody, whose experience covers equity and debt investments in the real estate sector, is another key practitioner.

Practice head(s):

Sajit Suvarna

Other key lawyers:

Sagar Kadam; Saloni Mody

Testimonials

‘The team has extensive expertise in the real estate sector.’ 

‘Sajit Suvarna is recommended for his business understanding and solution-oriented approach.’

Key clients

Piramal Finance Limited

Godrej Properties Limited

House of Hiranandani

Shapoorji Pallonji Group

HDFC Capital

Mahindra Lifespaces (Part of the Mahindra Group)

Peninsula Land Limited

KKR India Asset Finance

ICICI Prudential

Kalpataru Group

Wadhwa Developers

Apollo Global Management

Essar Group

Indospace

Pristine Group

Work highlights

  • Assisted Edwell Infrastructure Hazira in relation to the sale of 100% of the shareholding of Equinox Business Parks to an entity of Brookfield Asset Management.
  • Assisted KKR India Asset Finance in lending and advancing term loan facilities to Guardian Homes, which is engaged in the construction and development of the mixed residential and commercial ‘Cityscapes’ project.
  • Advised ILP II Ventures VII on its acquisition of Ishvara Logistics Park.
  • Assisted in preparing the transaction documents in relation to Kalpataru’s purchase of securities held in Agile Real Estate, which is in the process of undertaking the development and construction of a township.
  • Advised SD Corporation (part of the Shapoorji Pallonji Group) on obtaining finance for the development of a high-end luxury residential project named ‘Imperial Edge’.

Kochhar & Co.

Kochhar & Co. provides advice across India on the entire gamut of real estate and construction law matters. The firm is particularly active managing companies' real estate portfolios in the country, offering advice on joint ventures, foreign investment, and the setting up of factories and manufacturing units, as well as on the acquisition and lease of land. Practice head Alok Tewari advises on the structuring of real estate transactions and on complex issues related to local land acquisition, while Rupali Sharma's core area of expertise is commercial real estate, including property development and due diligence.

Practice head(s):

Alok Tewari

Other key lawyers:

Preetam D’Souza; Rupali Sharma; Aruna Kumari; Divya Malcolm; Simrat Grover

Key clients

Decathlon Sports India Private Limited

Honeywell International India Private Limited

Optum Global Solutions (India) Private Limited

Microsoft Inc.

SunLife India Service Centre Private Limited

Chegg India Private Limited

Akamai Technologies India Private Limited

Nuance Communications

Eli Lilly

Apollo Tyres Limited

Standard Chartered Bank

Aristrocrat Technologies India Pvt. Ltd.

Ciena Corporation

Regus India Private Limited

Work highlights

  • Managing, on an ongoing basis, a portfolio of around 4.5 million square feet for Honeywell International India on a pan-Indian basis; this includes advising on the setting up of the client’s factories, corporate offices and retail outlets.
  • Assisting Microsoft with the construction of a building of approximately 9,000 square feet in Hyderabad.
  • Handling Decathlon Sports India’s real estate portfolio in the northern and western parts of the country, primarily assisting with long-term leases for properties for their use as retail showrooms for sports goods.
  • Advised Optum Global Solutions (India) on the acquisition of two multi-storey special economic zone (SEZ) buildings in Gurugram, Haryana.
  • Assisted SunLife India Service Centre in setting up its largest campus in India, situated in Gurugram, Haryana.

Law Point

Law Point fields a team of experienced lawyers and chartered accountants who primarily assist developers and builders with real estate matters, including development agreements, joint ventures, assignments of leasehold lands and conveyancing. The practice is also well equipped to act for clients in real estate financing as well as litigation proceedings. Practice co-head Joyita Sabharwal assists with title due diligence and land acquisitions, as well as development and transaction documentation. Other key practitioners include Dharmesh Shah and Samir Sanghavi, who is experienced in the structuring of real estate transactions from a tax-efficient perspective.

Practice head(s):

Joyita Sabharwal; Samir Sanghavi; Dharmesh Shah

Other key lawyers:

M. H. Murlidhar; Shrikant Kherkar; Mehul Gada; Sachin Karia

Testimonials

‘The Law Point team is able to provide a high level of engagement, interaction and availability of partner time.’ 

‘Law Point has good practical experience and clientele in the real estate transaction space, which enables them to provide solutions to complex issues in a relatively short space of time.’

‘The standout factor of Law Point is that the team is very responsive to the client’s needs, and provides a service which is unmatched in the industry.’ 

‘Joyita Sabharwal’s team comes up with solutions to all legal queries. The firm has excellent in-house tax practitioners led by Samir Sanghavi.’

Key clients

Radius Developers Pvt. Ltd.

The Wadhwa Group

Hubtown Ltd.

Shree Naman Developers Ltd.

HDFC Capital Advisors

Mr. Rakesh Roshan

Rashtriya Metal Industries Ltd.

National Happy Home Group

Trust Capital Services (I) Pvt. Ltd.

NHP Realty

Vijaygroup Housing Pvt. Ltd.

Lokhandwala Builders

Xrbia Developers Ltd.

Bookmyshow (Big Tree Entertainment)

Kumar Builders

Tulsiani Sumer Group of Builders

Sumer Group of Builders

Rajhans Infracon (I) Pvt. Ltd.

Ariisto Group of Builders

Paradigm Realty

Suraksha Group of Companies

Work highlights

  • Advising Wadhwa Construction and Infrastructure on the issuance of the title certificate of land being developed as an integrated township project.
  • Represented Rashtriya Metal Industries in the sale of its factory plot in Andheri, Mumbai, to Histyle Retail (an SPV of Runwal Group and Warburg Pincus) for $21.78m.
  • Represented Enam Asset Management Company in the purchase of two office premises in Mumbai, belonging to a company in liquidation.
  • Filed a complaint before the Maharashtra Real Estate Regulatory Authority (MahaRERA) to claim relief under section 18 of the Real Estate (Regulation and Development) Act, 2016 (RERA) on behalf of clients who had purchased flats as part of a project that was still incomplete.
  • Conducted legal due diligence on behalf of Trust Investment Advisors, as the lender, in relation to construction financing granted to Shreenathji Developers.

Advaita Legal

Advaita Legal fields a team of regulatory experts who have longstanding experience of drafting and negotiating lease agreements and sale deeds. The practice is well versed in all types of real estate projects, namely residential, commercial and industrial, offering advice on related foreign direct investments and the structuring of real estate transactions such as joint developments and conveyancing. Shailendra Singh, who regularly advises on issues arising out of the legislative changes introduced by the Real Estate (Regulation and Development) Act, 2016 (RERA) leads the department.

Practice head(s):

Shailendra Singh

Key clients

Ranchi Smart City Corporation Limited

Nashik Municipal Smart City Development Corporation Limited

Infrastructure Development Authority, Bihar

Work highlights

  • Advising Ranchi Smart City Corporation on the procurement aspects of the Indian government’s Smart Cities Mission.
  • Advising Gwalior Smart City Development Corporation on the procurement aspects of the Indian government’s Smart Cities Mission.

ALMT Legal

Developers, multinationals and individuals seek ALMT Legal's advice on property transactions, namely the developing of tax-efficient structures for real estate projects and investments. Conducting title investigations, advising on the acquisition of residential and commercial property, development agreements and township planning are also among the typical instructions received by the department, which is jointly led by Mumbai-based Sameer Tapia and Prashant Popat, who handles disputes in the sector and has experience acting on high-value land conveyancing deals, in Bangalore.

Practice head(s):

Sameer Tapia; Prashant Popat

Other key lawyers:

Jyothi Rego; Chhaya Virani

BRUS CHAMBERS, Advocates & Solicitors

BRUS CHAMBERS, Advocates & Solicitors assists with due diligence and title verification for property stocks on a pan-Indian basis. As well as representing clients in real estate disputes, the practice handles conveyancing and related transactional work, including the acquisition of special purpose vehicles, investments, lease deeds, land purchases and project development. Redevelopment matters under RERA and the registration of projects with the Real Estate Regulatory Authority are a particular area of expertise for Uttam Hathi, who leads the practice alongside Shrikant Hathi and Suhail Farooqui.

Practice head(s):

Uttam Hathi; Shrikant Hathi; Suhail Farooqui

Other key lawyers:

Nishi Abhuwalla

Key clients

Shrushti Developers

Bhoomi Group

Chedda Group

Kanakia Group

Raunak Group

Tata Housing

Lodha Group

Wadhawan Group

Individuals

Inorbit Mall

Goldman Sachs

Supreme Infrastructure India Pvt Ltd

Ashiana Housing Ltd

Neev Group

Schulman International Services BVBA

Godrej Properties Ltd

Work highlights

  • Advising Shrushti Developers on the ‘Shrushti Aarambh‘ residential project in Badlapur.
  • Advising Bhoomi Group on its projects in the western and central suburbs of Mumbai.
  • Advising Chedda Group on the Palladium project in Borivali West, Mumbai.
  • Advising Tata Housing on the New Haven Boisar II township project.
  • Advising Goldman Sachs on forming a 74:26 joint venture company with Nitesh Estates, which will own and operate commercial real estate assets in India.

Dhir & Dhir Associates

Dhir & Dhir Associates has experience handling large-scale real estate transactions, with a strong track record of advising on complex joint development arrangements concerning special economic zones, technology parks, hotels, tourism and township projects. Alok Dhir and Girish Rawat lead the practice, which also assists with construction contracts and the licensing of commercial and residential properties, as well as due diligence and title search reports. The team is also adept at representing parties in arbitration proceedings arising from real estate disputes. Guranpreet Sarna, who is experienced in financing matters related to real estate projects, is another key practitioner.

Practice head(s):

Alok Dhir; Girish Rawat

Other key lawyers:

Guranpreet Sarna

Key clients

IIFL Home Finance Limited

ILC Infrastructure Limited

Pyramid Infratech Private

Vatika Limited

Supertech Limited

Prestige Urban Private Limited

Sarvpriya securities Private Limited

Splendor  Landbase Limited

Panchsheel Buildtech Private Limited

IDFC Score Fund

Work highlights

  • Advised IIFL Home Finance/Prestige Urban Infratech on the acquisition of land parcels for a real estate project situated in Haryana.
  • Advised Panchsheel Buildtech on the development of several residential projects, including “Panchsheel Greens“, which is being developed in the state of Uttar Pradesh.
  • Advised Ansal Housing on obtaining a loan facility for the development of the “Ansal Town Walk” commercial project situated in Gurugram, and of affordable housing projects in the state of Haryana.
  • Advised IDFC Score Fund on a structured deal involving the issue of privately placed non-convertible redeemable debentures by Annika Promoters.
  • Advised IDFC Score Fund on structured deals involving the issue of privately placed redeemable non-convertible debentures by SCC Builders and Shrine Buildtech.

Dua Associates

Dua Associates fields a real estate team that handles acquisitions, leasing matters, and the assignment and transfer of property assets, as well as regularly conducting title due diligence on parcels of land. The practice group is led by Shashivansh Bahadur, who brings multi-disciplinary expertise in corporate and banking transactions to real estate matters.

Practice head(s):

Shashivansh Bahadur

Fox Mandal

With a pan-Indian presence, Fox Mandal frequently handles high-level due diligence of parcels of land spread across the country. The team receives instructions in matters pertaining to the acquisition of property, commercial leasing, and joint ventures for mixed-use projects and built-to-suit facilities. Practice head Purnima Kamble, who is based in Hyderabad, advises on commercial real estate matters, including development, planning, leasing, financing and disposals, while Prashantha Kumar S T oversees the offices in Bangalore, Pune and Mumbai.

Practice head(s):

Shuva Mandal; Purnima Kamble; P Jayaprakash; Prashantha Kumar S T

Other key lawyers:

Sushant Shetty; Praveen Chandur

Key clients

Tata Realty (formerly Tata Housing Company Limited)

Birla Estates

Prestige Properties

CSG Systems International (India) Private Limited

Decathlon Sports India Private Limited

House of Hiranandani Group

Vaishnavi Infra

Renew Power Ventures

Axis Finance Limited

Nordex

Concorde Housing

Piramal Fininvest Private Limited

Piramal Capital and Housing

ECL Finance Limited

IDFC Bank

Karmvir Group

Arise Group

Godrej Properties

Brigade Developers

GM Infinite

AQR Capital

Ozone Developer

Centiro Solutions

ESR Logistics

Century Developers

Musaddilal Group

Capital India

Novartis India Limited

Work highlights

  • Advising Tata Housing Development on title due diligence on properties situated in Bangalore, and assisting the client in entering into a joint venture with the owner for the development of these properties.
  • Conducting title due diligence of immovable properties being offered as security on behalf of Prestige Estates Projects.
  • Advising CSG Systems International (India) on leasing additional commercial premises in the Embassy TechVillage in Bangalore.
  • Assisting Decathlon Sports India with conducting title due diligence of land parcels where it plans to set up warehouses and commercial premises in Bangalore, Mumbai and Pune.
  • Assisting Lakepoint Builders with conducting title due diligence of several land parcels in Bangalore where it proposes to develop residential property.

J Sagar Associates

J Sagar Associates primarily advises on regulatory issues relating to the construction and development of a broad range of real estate projects, including IT and industrial parks, special economic zones, townships, and commercial and residential properties. The full-service firm is regularly retained to assist with acquisitions and dispositions of real estate, as well as ownership matters and development structures. Practice head Vivek Chandy advises on all aspects of transactions, including title due diligence, leasing and foreign investments. Property finance, real estate funds and investment trusts, and sector-related disputes are other areas of expertise for the department.

Practice head(s):

Vivek Chandy

Other key lawyers:

Malini Raju; Bharat Bhushan Sharma

Testimonials

‘They are very knowledgeable, professional, client oriented and responsive.’

‘Rupinder Malik is very client focused, responsive and knowledgeable.’

Key clients

Accenture

Allstate Insurance

Cerner

Blackstone Advisors India Private Limited

Brookfield Asset Management

Divyasree Developers

DLF Home Developers Limited

DLF Limited

Indiabulls Real Estate Limited

JP Morgan

Fern Builders & Developers

Golden Gate Properties Limited

Red Fort

TATA Realty and Infrastructure Limited

WeWork India

Deloitte

Virtuous Retail

Work highlights

  • Assisting Indiabulls Real Estate with the divestment of stakes in its wholly owned subsidiaries Indiabulls Properties and Indiabulls Real Estate Company, which hold prime commercial and residential properties in Mumbai.
  • Advised Piramal Capital Housing Finance on a $95m structured investment in Samhi Hotels Group, the owner of 29 hotels across India.
  • Advising the Ireo Group in a multi-party, multi-jurisdictional dispute relating to an investment in a Mauritian fund intended for real estate projects in India; the dispute was simultaneously adjudicated by two arbitral tribunals.
  • Advised Shriprop Properties, which is engaged in the development of an ongoing residential project, in a private equity investment of around $26m by Mitsubishi Corporation’s real estate investment arm, DRI India.
  • Assisted Safal Construction and its affiliate, BSafal Group, with its 50:50 joint venture with Phoenix Mills for the ‘Palladium Mall’ premium retail development in Ahmedabad.

Kanga & Company Advocates and Solicitors

Under the leadership of Shailesh Vaidya, Kanga & Company Advocates and Solicitors handles a broad array of real estate matters, including investments and transactions, as well as construction projects.

Practice head(s):

Shailesh Vaidya

Majmudar & Partners

The real estate practice at Majmudar & Partners advises on the full range of matters in the field, including assisting with property acquisition and conveyance, lease deeds, licensing and the protection of assets. Neerav Merchant, who regularly advises real estate developers on property disputes and complex conveyancing work, leads the department, which is also experienced in assisting clients with property ownership issues and title opinions.

Practice head(s):

Neerav Merchant

Other key lawyers:

Raja Sujith; A.K. Hirani; Rukshad Davar

Key clients

Browndove Healthcare Pvt. Ltd.

Altran Technologies India Private Limited

LiveVox Solutions Private Limited

Suez Water Technologies and Solutions (India) Private Limited

Varian Medical Systems International India Pvt. Ltd.

Ramko Builders

Pioneer Housing

Noble House

Dirk Allams

Work highlights

  • Advised Browndove Healthcare on the lease of commercial and factory premises from Karnataka Industrial Areas Development Board (KIADB), a government body.
  • Advised Altran Technologies on reviewing and finalising an agreement for office space services with Smartworks.
  • Assisted Suez Water Technologies and Solutions (India) on the lease for its commercial premises in Whitefield, Bangalore.
  • Advised Varian Medical Systems India Software, an Indian subsidiary of Varian Medical Systems, on its expansion plans, including the acquisition of an additional floor for its existing facilities in Pune.
  • Represented Ramko Builders, as the developer, in a contractual dispute relating to a development under the slum rehabilitation scheme.

Singhania & Partners LLP

Singhania & Partners LLP advises on real estate matters from its four offices in New Delhi, Gurugram, Hyderabad and Bangalore. The practice has wide-ranging expertise in real estate projects and construction disputes, which encompasses leasing matters, title searches, the takeover of assets in liquidation proceedings, and the acquisition of land parcels, as well as financing arrangements. Foreign investors, developers and government authorities seek the team's advice on real estate transactions and the construction of commercial and residential immovable property. Ravi Singhania and Shilpa Shah, who have experience acting for both domestic and international clients, are the names to note.  

Practice head(s):

Ravi Singhania; Shilpa Shah; Dipak Rao; Vikas Goel; Shambhu Sharan; Abhimeet Sinha; Rudra Srivastava

Other key lawyers:

Abhishek Kumar; Yaman Deep

Key clients

Laboratory Corporation of America

S&P Global Inc. USA

Xylem Integrated Solutions Private Limited

RCI India Private Limited

WSP Consultants India Pvt. Ltd

PNC Delhi Industrial infra Private Limited

Nikhara Bharat Construction Company

National Highway Authority of India (NHAI)

IDBI Bank Limited

Bravura Solutions India LLP

Avi-Oil India Private Limited

Kelly Services India Private Limited

Roland Berger Private Limited

Punj Lloyd Ltd.

C&C Constructions

Abhyudaya Housing & Construction Pvt Ltd.

Patel Infrastructure Private Limited

Work highlights

  • Successfully represented PNC Delhi Industrial Infra, as the contractor, in an arbitration arising from a dispute over a concession agreement awarded by the government for the redevelopment of industrial property.
  • Successfully represented Nikhara Bharath Construction Company before the Securities and Exchange Board of India, establishing that the client’s projects fall into the category of real estate development instead of collective investment scheme.
  • Successfully acted for the National Highway Authority of India in opposing public interest litigation brought by activists over environmental concerns connected with India’s highway redevelopment project.
  • Conducted the title investigation of a land parcel in Uttar Pradesh belonging to Jaypee Infratech, as part of the creation of security, on behalf of IDBI Bank.
  • Conducted due diligence of commercial space in Gurugram which was intended to be leased by Bravura Solutions India.

Tatva Legal

The team at Tatva Legal handles both real estate transactions and disputes. The practice advises on all types of commercial real estate matters, including the acquisition and disposition of immovable property, construction contracts, leasing of premises, title scrutiny and land use. Bangalore-based N. K. Dilip has substantial expertise in special economic zones and township projects, while Raghu Nandana's advice is most sought after in relation to real estate development. Shailendra Komatreddy, who is based in Hyderabad, has substantial experience in the real estate sector.

Practice head(s):

N.K. Dilip; Raghu Nandana; Mahernosh Humranwala; Shailendra Komartreddy

Other key lawyers:

Ankush V.H.

Testimonials

‘The team is always aware of what is going on in a particular transaction.’

‘The individual team members are always accessible. This is critical when there is a packed 24-hour window to complete everything.’

Key clients

ESR Logistics

Mythri Housing Pvt. Ltd.  (Jain Heights)

Adarsh Developers

Beckman Coulter India Pvt. Ltd.

Beekay Dreamlands (a group of BSCPL)

Sai Srushti Group

Century Developers

Divyasree Developers

Work highlights

  • Advised ESR on the negotiation of a joint venture agreement with a local partner to acquire land for the development of a logistics park.
  • Assisting Mythri Housing with the title scrutiny for the acquisition of land  in Bangalore for a planned development.
  • Advised Beckman Coulter India on the title search for Karnataka Industrial Areas Development Board (KIADB) land in the Hi-Tech Defence and Aerospace Park near Bangalore International Airport.
  • Advising IndoSpace on the acquisition of property for setting up a logistics park.
  • Advised JM Financial Credit Solutions on a loan facility; work included title due diligence on several plots of land, and commercial and residential developments situated on the sites, in Hyderabad and Nellore.

Trilegal

Based across the firm's offices in New Delhi, Gurgaon, Mumbai and Bangalore, the real estate team at Trilegal not only provides traditional services such as title due diligence, conveyancing, and dispositions and acquisitions of property, but is also well versed in equity  and debt investments and sector-related disputes. Yogesh Singh has a proven track record of advising real estate developers on joint ventures, while Kosturi Gosh is regularly involved in the negotiation of large commercial leases. Acquisitions and financing matters are areas of expertise for Kunaal ShahSamira Lalani, who has extensive experience in conducting title verification and advising on the structuring of real estate investments, is another key practitioner.

Practice head(s):

Yogesh Singh; Kosturi Ghosh; Kunaal Shah; Ramakant Rai

Other key lawyers:

Samira Lalani; Srirang Sapre

Testimonials

‘Trilegal is committed to providing solutions for complex issues.’

‘The perseverance of the team in explaining the solutions to the various stakeholders is remarkable.’

‘Yogesh Singh demonstrated clarity, patience yet firmness in dealing with and explaining the matter. His depth of sectoral understanding helps to guide his team members to quickly produce the required documents.’

Key clients

Marriott

House of Hiranandani

Swastik Group

Godrej Properties Limited

Apollo Group

Piramal Finance Limited (now Piramal Capital and Housing Finance Limited)

RD Buildtech and Developers (Karnataka) Private Limited

Ostro Energy Private Limited

IREO Fiveriver Private Limited

Oaktree Capital Management LP

Work highlights

  • Advising Marriott Hotels India and global Marriott group entities in relation to transactions involving two of the group’s hospitality partners: the $170m private placement of Oberoi Realty and the IPO of Chalet Hotels.
  • Advising House of Hiranandani on the outright purchase of approximately five acres of land located on the outskirts of Mumbai for the development of urban communities and townships.
  • Advised Swastik Group on the settlement-cum-termination of its existing joint development arrangement with a leading real estate developer for the development of land on the outskirts of Mumbai into a township.
  • Advising Godrej Properties on the proposed redevelopment of land parcels situated on the outskirts of Mumbai and undertaking detailed due diligence for the client in relation to submitting a bid for the allotment of land owned by a large governmental conglomerate.
  • Advising Apollo Group on the real estate and corporate aspects of the second tranche of its structured investment in Mumbai real estate developer Palai Group for the purposes of refinancing and funding six real estate projects.

Anup S Shah Law Firm

The real estate practice at Anup S Shah Law Firm acts for developers and construction firms on all aspects of property-related contracts and title searches. Under the leadership of Anup S Shah, the group also advises on joint development agreements, lease deeds and sector-related contentious matters.

Practice head(s):

Anup S Shah

Testimonials

‘In-depth knowledge of the subject matter. Willingness to support and resolve issues.’

‘Anup Shah’s approach to issues is practical and non-partisan. He ensures client is provided with necessary data to make the right call & decision on legal matters – by providing details on implications and alternatives. He does not lead transactions down the rabbit hole but facilitates closure.’

ARA LAW

ARA LAW advises on title searches and investigations in relation to all types of property, ranging from commercial and residential properties to agricultural land. Other areas of activity include assisting with the acquisition and disposition of immovable property, joint development agreements, and slum rehabilitation projects, as well as financing matters and the establishment of real estate investment trusts. Rajesh Begur leads the team, which is also experienced in land use issues, planning and zoning regulations.

Practice head(s):

Rajesh Begur

Key clients

Netflix India Entertainment Services Indian LLP

IIFL Wealth and Asset Management Limited

Walton Street Blacksoil Real Estate Trust

Work highlights

  • Represented Netflix India Entertainment Services India in relation to a leave & licence agreement for its office space in Bandra Kurla Complex, Mumbai.
  • Advised IIFL Wealth Management on conducting the title due diligence on a property and identifying the risks associated with funding the mortgage of the property.
  • Represented the Walton Street Blacksoil Real Estate Trust on the debt financing for a construction project.

Economic Laws Practice

The real estate and construction practice at Economic Laws Practice handles due diligence and provides transactional support. The team's broad service offering covers foreign and domestic investments, land acquisitions, joint development arrangements and leasing, as well financing for various types of properties, such as slum rehabilitation projects, mega food parks, logistics projects and integrated townships. Practice head Babu Sivaprakasam brings deep experience in finance matters to the table, while Aakanksha Joshi focuses on transactional work.

Practice head(s):

Babu Sivaprakasam; Bhavin Gada; Aakanksha Joshi

Other key lawyers:

Aditya Khardia; Yogesh Pirthani

Key clients

Hiranandani Group

Johnson Controls (India) Private Limited

Piramal Finance Limited

Aker Powergas Private Limited

Gujarat Agro Infrastructure Mega Food Park Private Limited

Indusind Bank Limited

Konark Karia Group

My Own Eco Energy Private Limited

Raaga Mayuri Agro Vet Private Limited

Stellar Value Chain Solutions Private Limited

Tata Starbucks Private Limited

Manappuram Foundation

Cremica Food Park Private Limited

Krishi technologies Private Limited

Polycab India Limited

Hiranandani Group

Johnson Controls (India) Private Limited

Piramal Finance Limited

Work highlights

  • Acted for Aker Powergas on the sale of a property.
  • Advised IndusInd Bank on the due diligence and acquisition of a property under the newly amended sections 63 (1A) and 63 (1C) of the Maharashtra Tenancy and Agricultural Lands Act for the setting up of a solar project.
  • Conducted due diligence and advised Suraj Estate Developers (as the borrower) and Accord Estates (as the co-borrower) on the structuring of the facility documents in relation to the construction and development of six separate projects in Mumbai.
  • Represented Phoenix ARC, acting in its capacity as trustee for the Phoenix Trust, in the initiation of the corporate insolvency resolution process in relation to Blue Horizon Hotels.
  • Acted for Ideal Real Estates, as the borrower, in relation to facilities granted by IndusInd Bank and secured by 110 mortgagors.

Gagrats

The real estate and construction practice at Gagrats advises on large-scale real estate projects in Mumbai and Pune, particularly in relation to the development and sale of commercial premises, such as shopping malls and hotel properties. The team is also adept at handling contentious matters arising from construction and other sector-related disputes. Rustam Gagrat and Krunal Gadhia, who are both experienced across real estate and infrastructure projects, jointly oversee the department.

Practice head(s):

Rustam Gagrat; Krunal Gadhia

Other key lawyers:

Jainuddin Khan

Key clients

ECGC Limited

Jetair Private Limited

ORWO Private Limited

Dodsal Enterprises Private Limited

Bar Bar Hospitality Private Limited

Boyden Advisory Services

Forbes Marshall Limited

Thomas Cook India Limited

Metro Realty Group

Hinduja Group

Jafa & Javali

Jafa & Javali advises on a wide array of real estate matters, including property due diligence in respect of title and ownership rights, leasing, and purchase and sale agreements, as well as the registration of documents. Regulatory matters relating to zoning and use of land are among the team's other areas of expertise. Vikrant Singh Jafa is proficient in real estate transactions as well as contentious matters.

Practice head(s):

Vikrant Singh Jafa; Kirit S. Javali; Mana Imtiyangla

Key clients

All Fibers Recycling Inc

Applied Research International Private Limited

Cementaid (S.E.A.) Private Limited

Dr. Shikha’s Nutri Health Systems Private Limited

Fibro Source India Private Limited

Fibro Source USA Inc

Global Yeast Protein Pty. Ltd

Hemakuta Sugar & Allied Industries Limited

HR Wallingford Ltd

Himachal Helicopter Skiing Pty. Ltd

Himalayan Heli Adventures Private Limited

Jindal Drilling & Industries Limited

J N Ravanuss (India) Pvt. Ltd.

Kalpatru Ltd.

Kadimi Tool Manufacturing Co. Pvt. Ltd.

Katra Holding Private Limited

Local Valley Traders Pvt. Ltd.

New Ekta Educational Society (Regd.)

New World Hospitality Private Limited

Pharmaceutical Marketing Services Ltd

Rajesh Exports Limited

Royal Bank of Scotland

Schwihag AG

Star Paper Mills Ltd.

Scalene Cybernetics Limited

Snow Leopard Australia Pty. Ltd

Snow Leopard Terrain Vehicle Systems Private Limited

Standard Chartered Bank

Triosyn Corp

99 Algorithms Private Limited

All Fibers Recycling Inc

Applied Research International Private Limited

Cementaid (S.E.A.) Private Limited

Dr. Shikha’s Nutri Health Systems Private Limited

Fibro Source India Private Limited

Fibro Source USA Inc

Global Yeast Protein Pty. Ltd

Work highlights

  • Advising BHP Infrastructure on documentation for the sale and purchase of property.
  • Advising the Emmar Palm Drive Buyers Association in disputes with real estate developer Emmar MGF Group over delays in construction and handing over the possession of properties.
  • Advising West2East on its registration, leave and licence agreements, and lease deeds under section 118 of the Himachal Pradesh Tenancy and Land Reforms Act, 1972.

LexCounsel

LexCounsel advises on real estate transactions and title verification across India. The practice assists clients with the acquisition and lease of land, and construction contracts for office premises, commercial spaces and residential properties. Advising educational institutions on their real estate matters is a core area of activity for the practice.

Work highlights

  • Provided advice to World Learning India on zoning stipulations and on lease review.
  • Assisted Edvance Preschools with the review, negotiation and execution of a lease deed for the setting up of a school.
  • Assisting APT Infrastructure on day-to-day issues and operations connected to its ‘Taksila Heights’ residential project in Gurugram, Haryana.
  • Advised Felix Plaza (Barmalt) on the development contract for the construction of a commercial shopping mall/building named ‘Felix Plaza’ in Gurugram.
  • Assisted MyScape Properties with the drafting and execution of the deed for the lease of two different parcels of land for the setting up of a Central Board of Secondary Education (CBSE) affiliated K-12 school.

Phoenix Legal

Phoenix Legal advises various participants in the real estate sector on foreign direct investment, conveyance deeds, and the registration of documents, as well as construction and engineering contracts. The firm is regularly involved in the structuring and negotiating of lease deeds, and is also adept at advising on real estate financing, developments and related contentious matters. Siddharth Hariani, who is based in the Mumbai office, is experienced in foreign direct investment in the real estate sector, as well as acquisitions and property development.

Practice head(s):

Saket Shukla; Siddharth Hariani; Abhishek Saxena; Manjula Chawla

Key clients

CLP Wind Farm (India) Private Limited

Sandvik Asia Private Limited

HDFC Capital Advisors Limited

Piramal Capital & Housing Finance Limited

Indospace

Tribeca Developers LLP

Work highlights

  • Advised CLP Wind Farms (India) on conducting due diligence on land in Dhule, Maharashtra, where two solar projects are located.
  • Acted for Sandvik Asia on the transfer of rights in relation to land for the Maharashtra Industrial Development Corporation (MIDC) in Pune, which are held by the client, to ESR Pune Industrial Park, a global warehousing company.
  • Advised HDFC Capital Advisors on an investment in the form of a structured debt into a real estate developer in the National Capital Region by way of non-convertible debentures.
  • Advising Piramal Capital Housing Finance, as lender, on a term loan by way of a lease rental discounting facility and a loan against property granted to a developer in Mumbai.
  • Advising Tribeca Developers on acquiring a shareholding and entering into a development and management agreement with a real estate developer for the purpose of a project in Gurguram.

SNG & PARTNERS

The real estate team at SNG & PARTNERS is well versed in conducting due diligence exercises in for real estate projects all over India, often acting on behalf private equity investors, offshore lenders and banks. The team is experienced in advising on lease licences, transfer documents, joint ventures and development agreements in relation to residential and commercial property, including integrated townships and special economic zones. Munish Upadhaya, who focuses on real estate due diligence, leads the practice alongside Sadhawa Mishra.

Practice head(s):

Munish Aggarwal; Sadhava Mishra

Other key lawyers:

Himani Singh; Subrata Mukherjee

Key clients

Shriram Properties Pvt Ltd

H-Energy Pvt. Ltd.

Standard Chartered Bank

DP World FZE

Puranik Builders

Omkar Realtors

Indiabulls Housing Finance Ltd.

Yes Bank Ltd

Piramal Housing Finance Ltd.

Hiranandani Properties Pvt. Ltd.

PNB Housing Finance Ltd.

Induslnd Bank Ltd.

Kashimira Ceramics Product LLP

IndoStar Capital Finance

Geopreneur Corp Private Ltd

Transcon Sheth Creators Pvt. Ltd.

Destiny Hospitality Services Pvt. Ltd.

Work highlights

  • Conducted a review of title reports and documents for Shriram Properties for 37 real estate projects across India in connection with the proposed initial public offer of equity shares by the client.
  • Acted for HDFC Bank in a matter connected to the funding of an integrated township project by Hiranandani Properties.
  • Advising Kashimira Ceramics Products on the completion of the long-stalled ‘Hiraco Eminence’ project under the MahaRERA laws.
  • Acted for HDFC Bank in conducting a complete due diligence of Maharashtra Housing and Area Development Authority (MHADA) redevelopments in Vartak Nagar and Mumbai.
  • Conducting due diligence for IndusInd Bank and advising on the applicable laws for projects in various villages across Bangalore and Chennai being developed by Puravankara Projects, Provident Housing and Puravankara Construction.

Solomon & Co. Advocates & Solicitors

Solomon & Co. Advocates & Solicitors handles both contentious and non-contentious real estate and construction matters, including title searches, property development, licences and conveyancing. With a particular focus on the tourism sector, the practice regularly assists with the negotiation of agreements on the sale and transfer of interest in land and properties, as well as advising on development regulations. Key practitioners include Saurabh Gupta and Kunal Shah.

Practice head(s):

Jonathan Soloman; Aaron Solomon

Other key lawyers:

Saurabh Gupta; Kunal Shah