AZB & Partners can regularly be found assisting clients in complex acquisitions involving regulatory issues, multiple parties and investors. Prominent in both real estate debt and equity matters, Ananya Sharma advises investors on private equity, joint ventures and structured finance from the Mumbai office. Monika Bhonsale not only specialises in real estate acquisition and joint venture matters but also complex land diligence and leasing portfolios. Head of the practice in the New Delhi office, Hardeep Sachdeva provides commercial advice on corporate transactions in the real estate sector. Nohid Nooreyezdan, head of the Mumbai office, assists in restructuring and setting up data centres.
Real estate and construction in India
AZB & Partners
Practice head(s):
Other key lawyers:
Key clients
Ivanhoe Cambridge
Ivanhoe India Equities Inc.
Reco Zinnia Private Limited
Varde Partners Inc.
BPTP International Trade Centre Limited
Arjun Realty Private Limited
Ashiana Housing Limited
Adani Infrastructure & Developers Private Limited
Godrej Properties Limited
Paras Healthcare Private Limited
Indusind Bank Limited
Experion Developers Private Limited
Virtuous Retail
Max Estates Limited
Xander Group
Work highlights
- Advised Adani Infrastructure and Developers in its successful bid to acquire Venta Realtech.
- Advised Ivanhoe Cambridge on its partnership with the Embassy Group to launch an investment platform focused on office business parks in campus and mixed-use environments in India.
- Assisted on the investment and acquisition of securities by GIC in (i) Offbeat Developers; (ii) Vamona Developers; and (iii) Graceworks Realty & Leisure.
Khaitan & Co LLP
The real estate and construction team at Khaitan & Co LLP advises on a range of work, covering traditional and modern property matters. Mumbai-based partner Harsh Parikh advises international and domestic corporates on share transfers for the purpose of developing warehouses and industrial parks. Parikh also works on title due diligence and conveyancing in the context of agricultural land acquisitions. Deepak Jodhani sits in the corporate and commercial practice, leading M&A transactions focused on R&D office laboratories in industrial parks. Carrying out title due diligence and leasing matters for the acquisition of office spaces in technology parks for major tech companies is a strength of New Delhi-based partner Avnish Sharma. Devendra Deshmukh‘s assistance to developers on joint development transactions and agreements in the large-scale residential property space and Yigal Gabriel‘s work on architect and design agreements in the industrial and residential segments illustrates the breadth of work provided by the firm. Sudip Mullick and Abhiraj Gandhi regularly lead matters, and associate Rishabh Vora supports on many of the department’s key mandates.
Practice head(s):
Harsh Parikh; Deepak Jodhani; Avnish Sharma; Devendra Deshmukh; Sudip Mullick; Yigal Gabriel
Other key lawyers:
Abhiraj Gandhi; Rishabh Vora
Key clients
MESSRS SURAVI INFRASTRUCTURE
BLACKSTONE ADVISORS INDIA PVT. LTD.
RUNWAL GROUP
BATI LOGISTIC CORPORATE SAS
AWAS MEADOWS PRIVATE LIMITED
PRESTIGE ESTATES PROJECTS LIMITED
RELIANCE INFRASTRUCTURE LIMITED
TEVA INDIA PRIVATE LIMITED
ARKADE DEVELOPERS PRIVATE LIMITED
NEOSYM INDUSTRY LIMITED
CHANDLER & PRICE (I) PRIVATE LIMITED
SIL INVESTMENTS LIMITED
ICONIC PROPERTY DEVELOPERS PRIVATE LIMITED
BROOKFIELD ASSET MANAGEMENT
SHREE DHOOTAPAPESHWAR LIMITED
MONDELEZ INDIA FOODS PRIVATE LIMITED
STRYKER GLOBAL TECHNOLOGY CENTER PRIVATE LIMITED
BEQUEATH INFRASTRUCTURE PRIVATE LIMITED
RUNWAL DEVELOPERS
LIGHTHOUSE CANTON PTE LTD
GKN AUTOMATIVE / [GKN DRIVELINE (INDIA) LIMITED]
ASCENDAS / CAPITALAND
Work highlights
- Assisted Messrs Suravi Infrastructure in the course of the joint development transaction for land by reviewing and finalising the transaction documents.
- Advised Blackstone Group on the acquisition by BREP Asia II EIP Holding of 100% equity interest of a (70-30) joint venture company of Warburg Pincus and Embassy group for the development and management of warehouses and logistics industrial parks.
- Assisted Runwal Group in relation to leasing over 70,000 square feet of space in R-City Mall in favour of IKEA.
Kochhar & Co.
The real estate and construction practice at Kochhar & Co. is sought out by market-leading companies in the information technology and manufacturing spaces for assistance in leasing and acquiring substantial amounts of office space and data centres. Its workload features matters across India’s major cities and special economic zones, reflective of the distribution of the department’s partners, with Alok Tewari based in New Delhi, Preetam D’Souza and Suhas Srinivasiah in Bangalore, and key assisting associates Ranjit Mahishi and Shivika Upadhyay based in Bangalore and New Delhi, respectively. The firm provides a broad offering to clients, also advising global companies on design and build and EPC contracts further to the acquisitions and leasing of new commercial office spaces.
Practice head(s):
Alok Tewari; Preetam D’Souza; Suhas Srinivasiah
Other key lawyers:
Ranjit Mahishi; Shivika Upadhyay; Savitha Jagadeesan
Testimonials
‘The real estate team at Kochar and Co has the depth of knowledge both on legal, current industry and market practices within India and globally. They come up with unique solutions within the framework of law when transactions look impossible. Their legal views and opinions are accurate and pragmatic.’
‘Alok Tiwari is a fantastic person with depth of knowledge in the real estate sector. Shivika Upadhyay is also uniquely skilled, experienced with great knowledge, particularly, on the real estate matters. I have been closely interacting with this team on real estate matters for the past 3 years and am a satisfied client. I would definitely recommend to others for their legal services on real estate matters.’
‘The data centre business has very specific requirements be it for land or building or colocation leasing. Both Alok and Simrat have a unique skill set in all these domains and in multiple locations. This makes them stand out in their understanding of the data centre industry.’
‘Suhas Srinivasiah and the team are professional and dedicated to their clients’ success. I have had many correspondences with Suhas and his team at various hours of the day and night. The pleasant nature of the communication can sometimes be taken for granted in a client relationship, but to have a team that can do that consistently is special.’
‘We admire Kochhar & Co for their legal knowledge on complex matters and in depth understanding of the businesses. The team constantly innovate and provide dynamic solutions in larger transactions, going the extra mile to address the legal risk aspects in the engagements. The professionalism shown by Kochhar lawyers is truly exemplary.’
‘Our go to person is Savitha Jagadeesan. She is really an asset for Kochhar and exhibits in-depth knowledge in her legal advice and support on legal matters. The responsiveness and the professionalism level is truly fabulous. She has got a wonderful team, to support us in all our locations and they are doing a fantastic job.’
‘Suhas Srinivasiah is a thorough professional and highly skilled lawyer across practice areas and particularly his knowledge in Real Estate has been immensely beneficial to our business.’
‘Ranjit Mahishi is an exceptional lawyer, his command over agreement drafting and making sure the requirements of the client are covered in all the transactions is almost unparalleled.’
Key clients
PricewaterhouseCoopers
Cisco
VISA, Inc.
Arm
Target
Chegg India Private Limited
Tata Starbucks Private Limited
Cardinal Health, Inc.
Aristocrat Technologies
Expedia
Northern Trust
91 Springboard
Standard Chartered
Work highlights
- Advises Western Digital on an ongoing basis with respect to its real estate portfolio in India.
- Assisted Cisco Systems with restructuring its office leases comprising of built up space of approximately 2,734,500 square feet comprised in various high-rise buildings.
- Assists HCL Technologies on several matters in relation to its real estate requirements, such as the development of land and conversion of leasehold rights to freehold rights.
Shardul Amarchand Mangaldas & Co
As advisors to leading domestic private equity investment funds and real estate developers on mergers, acquisitions and financing, Shardul Amarchand Mangaldas & Co regularly works on high-value and large-scale matters. Mrinal Kumar, the lead partner in New Delhi, works on landmark acquisitions in the construction and industrial real estate areas, advising multinational construction companies on acquiring large domestic engineering companies. Mumbai-based duo Mithun V. Thanks and Akshay Chudasama support leading real estate developers on expanding their presence and platform in the real estate segment across India through mergers and joint ventures. Bhoumick Vaidya assists investors in security matters in their debt investments in real estate-focused companies, and Chennai-based partner Dorothy Thomas‘s recent highlight matters include advising on the sale of shares in large-scale warehousing assets in southern India to a joint venture.
Practice head(s):
Mrinal Kumar; Dorothy Thomas; Mithun V. Thanks; Akshay Chaudasama; Bhoumick Vaidya
Other key lawyers:
Debashree Dutta; Anurag Dwivedi
Testimonials
‘Team has thorough knowledge about the sector. They are accessible to clients. Result oriented and collaborative team.’
‘The precise advisory we receive from SAM on any matter is something that we find unique and admirable.’
‘Bhoumick Vaidya is an approachable partner. He understands the timing and sensitivity of the transaction and prioritises the work. He is a solution provider.’
‘Debashree Dutta and Anurag Dwivedi are excellent lawyers. They are solution oriented and come up with simple and innovative solutions to complex legal matters.’
‘Very good team of banking and finance partners, rich and diverse experience solution for all legal issues, partner involvement in the transactions.’
Key clients
Reliance Retail Venture Limited
Kubota Corporation, Japan
Silver Lake Partners
JK Paper Limited
Embassy Office Parks REIT
Kotak Special Situations Fund
Kansai Nerolac Paints Limited
Embassy Group
Casagrand Builder Private Limited
Kotak Performing RE Credit Strategy Fund
Work highlights
- Advised Reliance Retail Venture on the acquisition of the retail, logistics and warehousing business of Future Group.
- Assisted Kubota on the acquisition of Escorts Limited, one of India’s largest engineering companies.
- Acted as the legal counsel to Public Investment Fund on the acquisition in Jio Platforms.
Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas provides a pan-Indian offering for international investors, developers and domestic corporates, with partners based in offices in Chennai, Hyderabad and Ahmedabad as well as the mega cities of Bangalore, Mumbai and Delhi. Equity partner and co-head of the Bangalore office Namrata Kolar advises investment management firms on acquisitions of commercial assets related to the technology industry. In addition, he is sought out by domestic asset management companies for advice on joint ventures with construction companies and retail developers, financial security provisions, regulatory compliance, sales of land and development of office space. Mumbai-based partner Abhishek Sharma assists international investors on joint ventures for mixed-use development projects and lending options. Ashish Jain, based in the Delhi office, specialises in the acquisition of land for renewable projects, and Hiral Motta drafts transaction documents for leasing and licensing agreements.
Practice head(s):
Namrata Kolar; Abhishek Sharma; Ashish Jain; Hiral Motta
Key clients
Canada Pension Plan Investment Board (CPPIB)
CG Power and Industrial Solutions Limited
Licentio Management Private Limited
Osnova Management Private Limited
PropShare Capital Advisors Private Limited (PropShare)
Redington (India) Limited
Work highlights
- Advised Canada Pension Plan Investment Board (CPPIB) on a joint venture with RMZ Construction to develop, operate and maintain commercial office spaces in Chennai and Hyderabad.
- Acted as legal counsel to CPPIB, which entered into documentation with Phoenix Mills to develop an office-led mixed-use asset in Lower Parel, Mumbai.
- Assisted CPPIB on a joint venture with Phoenix Mills to develop a regional retail centre.
DSK Legal
DSK Legal provides a full service in real estate practice, with advisory in not only the traditional matters of buying, selling, leasing and developing properties but also assistance in foreign investment, debt funding and private equity in real estate. Sajit Suvarna, head of the real estate practice, is regularly sought by leading property developers, corporates and financial institutions for his expertise in project finance, property development and complex transactions. With the addition of Srinivas B.R. and his team from Dua Associates in the Bangalore office, the firm has acquired specialists in infrastructure projects and foreign direct investment. New Delhi-based partner Niraj Kumar also maintains an active real estate advisory practice. Both Sagar Kadam and Saloni Mody have vast experience in regulatory advisory, with the latter bringing particular commercial and corporate real estate expertise.
Practice head(s):
Sajit Suvarna; Niraj Kumar; Sagar Kadam; Srinivas B.R.
Other key lawyers:
Brijita Prakash
Testimonials
‘In-depth knowledge of the subject matter with years of practical experience distinguishes this team.’
‘Sajit Suvarna is an expert on the entire gamut of the real estate practice. Sagar Kadam is too good on title matters.’
‘Extremely client focused, quick turnaround, quality delivery, reliable and deep rooted knowledge.’
‘Partners are focused on understanding the precise client requirements. Partners are well versed on taxation, contractual, risk mitigation.’
‘Srinivas BR & Brijita Prakash are trustworthy, highly knowledgeable and honest.’
‘Sheer knowledge and understanding of the business.’
‘DSK Legal RE Team led by Sajit Suvarna has good insight into real estate matters. The team provides innovative and practical solutions to complex problems, which leads to smooth closures of the contracts.’
‘Sajit Suvarna offers innovative and practical solutions to complex problems and is an expert in contracts and real estate matters. He can comprehend the risks involved during the course of diligence and suggest appropriate risk mitigations in respect of the same.’
Key clients
Prestige Estates Projects Limited
Sunteck Realty Holdings Private Limited
Indospace Capital Asia
HDFC Capital Advisors Limited
Kalpataru Limited
Walton Street Blacksoil Real Estate Debt Fund I
Motilal Oswal Real Estate Investment Advisors II Private Limited
Kautilya Real Estate Fund
Aurum Ventures Private Limited
Dalmia Nisus Finance Investment Managers LLP
Brigade Enterprises
Capitaland
Godrej Properties
Karle Developers
Aequs SEZ Private Limited
Kalyani Developers
Piramal Group
Century Developers
Mantri Group
Goyal & Hariyani Group
Work highlights
- Advised Prestige Estates Projects on the implementation of the resolution plan for taking over a housing project in Mumbai.
- Advised Sunteck Realty Holdings and Messrs. Swastik Swaraj in respect of the joint development of property in Village Khativali, Taluka Shahapur, District Thane.
- Advised Indospace Capital Asia in setting up a joint venture platform with KSH Infra with the aim to develop a 10 million square feet portfolio of warehousing and logistics parks.
Fox Mandal & Associates
Fox Mandal & Associates undertakes a range of commercial and residential work involving various sectors, from logistics to IT, including in special economic zones. The highly regarded Prashantha Kumar is a key contact in Bengaluru, including for contentious real estate matters. Sushant Shetty, in the Mumbai office, assists in due diligence, investments and acquisitions. Having practice heads in multiple regions – including Purnima Kamble in Hyderabad, Jayaprakash Padmanaban in Chennai and Shourya Mandal in Kolkata – enables the department to advise clients on commercial matters across India.
Practice head(s):
Shuva Mandal; Purnima Kamble; Jayaprakash Padmanaban; Prashantha Kumar
Other key lawyers:
Sushant Shetty
Key clients
Ascendas India
Flyjac Logistics
Workday Inc.
XPO India Shared Services LLP
House of Hiranandani
ICICI Bank Limited
Address Maker
One Bangalore Luxury Projects LLP
SBICAP Ventures Limited
Ace Investments
Allcargo Logistics Limited
Parthasarathy Seeniammal Educational Trust
Wabco India Limited
Indian Renewable Energy Development Agency Limited (IREDA)
Senvion Wind Technology Private Limited
S.I.S ESTATES
Bank of Baroda
Avenue Supermarts Limited
M17 Robotics AI Private Limited
Meenakshi Group
Sri Aditya Homes Private Limited
Experion Student Housing Private Limited
Viviid Renewables Private Limited
GXO Logistics India Private Limited
Tata Housing Development Company Limited
Techna Infrastructure Private Limited
The Sandur Manganese & Iron Ores Limited (SMIORE)
Marvel Properties & Asmakam Infra Projects Private Limited JV
Vaishnavi Infrastructure Private Limited
Work highlights
- Advised Ascendas India Trust and its sponsor CapitaLand Group (Data Center division) in the acquisition of a 6.6 acres of land.
- Assisted Flyjac Logistics in the acquisition of 22.3 acres of land parcel from Lodha group at Palava Industrial and Logistics Park near Mumbai.
- Assisted Ace Investments in the acquisition of 500 acres of land located in and around Devanahalli Taluka.
Law Point
Joyita Sabharwal, Samir Sanghavi, Trupti Mehta, Shrikant Kherkar and Natasha Shah lead Law Point‘s real estate and construction practice in Mumbai. High-end and luxurious residential acquisitions, leasing and developments are among the team’s specialisms. It can also be found supporting domestic and international developers on substantial redevelopment projects in a range of segments, from hospitality and leisure to slum redevelopment projects. Real estate finance is another core competence for the practice, which has experience acting for lenders. The broad scope of the practice is further illustrated by its representation of clients in real estate-related litigation.
Practice head(s):
Joyita Sabharwal; Samir Sanghavi; Natasha Shah; Trupti Mehta; Shrikant Kherkar
Testimonials
‘The USP of this practice is not merely legal process and documentation. The team led by Samir Sanghavi is capable of extracting the history and litigation of a particular property, which makes it very easy to pursue or abandon a transaction. Very relevant in an India context where old litigation can catch up with you.’
‘Samir Sanghavi – experience perspective.’
‘Joyita Sabharwal – highly competent, very persuasive in convincing a client to abandon a transaction, if history and paperwork demands it. Invaluable ability.’
Key clients
Atul Ruia (Phoenix Mills Ltd.)
The Wadhwa Group
Hubtown Ltd.
Shree Naman Developers Ltd.
HDFC Capital Advisors
Rashtriya Metal Industries Ltd.
National Happy Home Group
Trust Capital Services (I) Pvt. Ltd.
NHP Realty
Vijaygroup Housing Pvt. Ltd.
Lokhandwala Builders
Bell Weather Capital Pvt. Ltd.
Enam Asset Management Company Pvt. Ltd.
Tulsiani Sumer Group of Builders
Rajhans Infracon (I) Pvt. Ltd.
Ariisto Group of Builders
Suraksha Group of Companies
Sameer Mehta (boAt)
Chandrasekaran Natarajan (TataSons Ltd.)
Anand Jain (Urban Infrastructure Venture Capital Ltd.)
Abhay Jasani of Jasani Group
Work highlights
- Assisted a client in the purchase of a luxury duplex apartment in Mumbai after the clearance of litigation pending against the seller.
- Advised Vishnum Infrastructure on the acquisition of a large parcel of beach front land in Goa with the intention to construct a resort.
- Advised Eknath Realtors on the acquisition of an undivided share in leasehold land and a building in Mumbai.
Trilegal
With the arrival of Sai Krishna Bharathan and Vivek Bajaj from AZB & Partners, Trilegal has further bolstered its capabilities in the financial and commercial space in real estate. Furthermore, Mridul Kumbalath in Bangalore, Kunaal Shah in Mumbai and Rahul Arora in Gurgaon offer technical expertise across India’s real estate and construction hotspots. Support for investors and developers in acquisitions and financial restructurings in the warehousing, logistics and high-value residential spaces are regular highlights for the team.
Practice head(s):
Sai Krishna Bharathan; Kunaal Shah; Mridul Kumbalath; Rahul Arora
Other key lawyers:
Samira Lalani; Vivek Bajaj; Yogesh Singh;
Testimonials
‘Trilegal’s Real Estate and Construction practice has really taken off in recent years with the introduction of new Partners and their teams.’
‘The teams that we work with are highly experienced, solution oriented and very reliable.’
‘The team is always pleasant to work with, which is important in a high pressure sector like ours.’
‘Sai Krishna Bharathan has been part of many high profile M&A matters in this space and brings a wealth of experience, knowledge and expertise to the practice. Sai’s holistic approach to a matter helps us to better understand and evaluate opportunities and risks.’
Key clients
Bain Capital Credit L.P.
Housing Development Finance Corporation Limited
Subramanya Construction and Development Company Limited
Blackstone Advisors India Private Limited
Embassy Office Parks REIT
Piramal Enterprises Limited (Piramal)
Manipal Health Enterprises Private Limited
ESR Group
AB Mauri Group
Asia Real Estate II India Opportunity Trust
India Real Estate II Scheme (Apollo AIF II)
Piramal Capital & Housing Finance Limited (Piramal)
Asia Pragati Strategic Investment Fund
IndoSpace Capital Advisors Pvt. Ltd.
Provident Housing Limited
Mack Soft Tech Private Limited (MSTPL)
Premji Invest
Nissan Motor India Private Limited (NMIPL)
RMZ Corp.
Canada Pension Plan Investment Board (CPPIB)
Work highlights
- Represented Bain Capital Credit in relation to its structured investment – a non-convertible debenture – in the Embassy Group.
- Represented HDFC Limited on diligence and documentation of lease rental discounting facilities provided in respect of a commercial real estate portfolio acquired by Brookfield from the RMZ Group.
- Represented Subramanya Construction and Development Company in a detailed title due diligence in relation to one of its main software technology parks, the Subramanya Arcade.
ALMT Legal
ALMT Legal advises on matters ranging from land audits, title due diligence exercises, drafting conveyances, sale deeds, and joint venture agreements for engineers. Sameer Tapia advises high-net-worth individuals (HNWIs) with respect to investments in real estate in India. Tapia also assists on development agreements and sale and purchase agreements of commercial and residential premises in and around the Maharashtra area. Bangalore-based Prashant Popar has an active practice handling regulatory and legislative mandates, representing corporates in high-value land conveyancing deals. Ryna Karani and Chhaya Virani deal with property-related transactions involving sale deeds, development agreements and detailed title verifications.
Practice head(s):
Sameer Tapia; Prashant Popat; Ryna Karani; Chhaya Virani
Key clients
Kranti Ecostate Private Limited
Dhaval Vussonji & Partners
Dhaval Vussonji & Partners continues to handle a range of mandates on the development side of real estate, providing asset managers, domestic conglomerates and developers critical regulatory advice for the procurement and construction of new and ongoing projects. Dhaval Vussonji supports investors by conducting title due diligence and assisting in deals involving financial investments in completed and under-construction projects. Manisha Paranjape also counsels investors and fund managers on the risks involved in investing in certain projects due to deficiencies in title and mitigation strategies.
Practice head(s):
Dhaval Vussonji; Manisha Paranjape
Testimonials
‘The team is efficient, with wide knowledge on all facets of law and good turnaround time.’
‘Quick response time and efficiency in problem solving.’
Key clients
Piramal Group
Adani Realty
Godrej Group
Wadhwa Group
Hiranandani Group
HDFC Ltd.
JM Financial Fund
YES Bank
Kotak Mahindra Group
Shapoorji Pallonji Group
Dhir & Dhir Associates
The Delhi-based real estate practice at Dhir & Dhir Associates regularly supports investment funds and lenders in their real estate deals. The team is well versed in the drafting of agreements, comprehensive due diligence of land, and consultation and coordination with land aggregators on legal compliance as part of the land acquisition process. Alok Dhir specialises in financial restructuring and insolvency matters, often with key real estate aspects. Guranpreet Singh Sarna has successfully closed various transactions in project financing, ranging from infrastructure projects to real estate.
Practice head(s):
Alok Dhir; Guranpreet Singh Sarna
Key clients
SBI Cap Ventures Limited – SWAMIH Investment Fund
Dixon Technology India Limited
IIFL Home Finance Limited
Decathlon Sports India Private Limited
Investcorp Score Fund
Dua Associates
With offices across India, Dua Associates offers property developers and investors a robust service in due diligence for acquisitions, drafting transactions and perfecting titles. From Sajive Kumar in Chennai to Chandigarh-based partner Siddhartha Kumar and CR Muralidharan in Bangalore, the team has vast experience in handling due diligence and compliance matters, particularly in the context of acquisitions of mixed-development projects.
Practice head(s):
Sajive Kumar; CR Muralidharan
Other key lawyers:
Siddhartha Kumar; Anish Ghoshal
Testimonials
‘Well organised system.’
‘Professional and client oriented mind.’
‘They have delivered great value with their services.’
Key clients
Aequs Group
Prestige Estates Projects Limited
Modern Asset
Motilal Oswal Real Estate Investment Advisors II Pvt Ltd
Trishul Buildtech & Infrastructures Private Limited
Nestled Haven Developers LLP
Godrej Properties Limited
Speckles Developers Private Limited
BNP Paribas
Swamih Investment Fund
Altico Capital India Limited
RMZ Corp
Millennia Realtors Private Limited
Vista Spaces and Estates
Work highlights
- Acted for Swamih Investment Fund, created to ensure completion of stalled brownfield projects, in the affordable housing/middle-income category.
- Assisted a global petroleum company in acquiring real estate in various states across India.
- Handled the due diligence advisory of approximately 390 acres of land in Dharwad, Karnataka for acquisition by Aequs Group from KIADB.
Luthra and Luthra Law Offices India
Luthra and Luthra Law Offices India‘s real estate practice covers a full range of mandates on a pan-Indian scale. The highly experienced Vaibhav Suri provides legal assistance to a host of domestic and international real estate developers, investors and high-net-worth individuals. Recent arrival Girish Rawat, who joined from Dhir & Dhir Associates, focuses on financing, restructuring, cross-border lending and insolvency proceedings related to real estate.
Practice head(s):
Vaibhav Suri; Girish Rawat
Key clients
Aditya Birla Renewables
Vector Green
Martin Happy Homes Private Limited
SBI-SWAMI Fund
Kotak Realty Fund
Radiance Renewables
Welspun One Industrial Spaces Private Limited
Apollo Global Management
NIDP Developers Private Limited (Hiranandani Group)
Signature Global Group
Godrej Properties Limited
Azure Power
Birla Estates Private Limited
Sobha Limited
Godrej Fund Management
Arcelor Mittal India
Nippon Steel
Mahindra Lifespaces Developers Private Limited
Emaar MGF Land Limited
Embassy Industrial Parks Private Limited
One Industrial Spaces Private Limited
ATS Infrastructure Limited
Tribeca Creators LLP
DLF Limited
TATA Housing Development Co. Ltd
Government of the United States of America
Acme Cleantech Solutions Private Limited
Ascendas FirstSpace Development Management Private Limited
Experion Developers Private Limited
Eldeco Infrastructure & Properties Ltd
Ashiana Housing Private Limited
ASK Investment Property Advisors Private Limited
YES Bank Limited
Motilal Oswal Investments
ReNew Power
EDF-EREN
O2 Power
Work highlights
- Advised SBI Cap Ventures – SWAMIH Investment Fund – in connection with last mile funding by Ramprastha Promoters and Developers Private Limited.
- Advised a client on the acquisition of approx. 700 acres lands at Barmer, Rajasthan for the establishment of a solar power project.
- Acted as lead counsel for Kotak Realty Fund in structuring the joint venture between the project SPV (Ridgecraft Homes), developer, land owning entities and BPTP Limited.
Phoenix Legal
Phoenix Legal‘s real estate team has experience in advising various participants in the real estate sector, including investors, developers, sellers and lessees. Saket Shukla focusses on strategic advisory work and the sale of commercial assets such as warehousing units. Abhishek Saxena supports Indian manufacturers in moving into new industrial spaces, reviewing, negotiating and finalising leave and license agreements, stamp duty issues and other ancillary documents. Siddharth Hariani handles the financial aspects of real estate deals, counselling investors on their lending to real estate developers across commercial and large-scale residential projects. Hariani also has vast experience in dealing with developers and engineering companies, working on the development, licensing and sale of land. Manjula Chawla‘s practice has a particular emphasis on leasing mandates such as assignments and restructuring deeds.
Practice head(s):
Saket Shukla; Siddharth Hariani; Abhishek Saxena; Manjula Chawla
Key clients
TARC Limited
Intervet India Private Limited
Linamar India Private Limited
Tatva Legal
Tatva Legal regularly supports constructors and developers across a range of mandates such as acquisitions of parcels of land and orchestrating joint development agreements for large-scale mixed development projects. Mumbai-based partner Mahernosh Humranwala handles transactional and dispute resolution matters for developers, while from the Bangalore office, S. Raghu Nandana and Dilip N.K work on real estate development projects and setting up immovable objects for business organisations.
Practice head(s):
Mahernosh Humranwala; S. Raghu Nandana; Dilip N.K
Other key lawyers:
Shailendra Komatreddy; Ashish Anshu
Testimonials
‘The firm has advised me on very critical issues pertaining to real estate deals, wherein a pragmatic approach to resolve the issues has been worked.’
‘Quality of work is impeccable from members of the team.’
‘Shailendra Komatreddy can break down complex matters making it simpler for me and my board members to understand. He is also able to identify key issues while negotiating which is key in obtaining a favorable result. He has been punctual and responded before the timelines expire. Our go-to person for any sticky issue, who advises us after weighing the business as well as legal calls.’
‘Ashish Anshu is a good real estate lawyer, highlighting nuances that are critical to transactions.’
‘I have had a chance to work with other leading law firms but Tatva’s quality of work has been the best.’
Key clients
Prestige Group
Kotak Mahindra Investments Limited
HDFC Capital Affordable Real Estate Fund – II
Tishman Speyer India Private Limited
Altico Capital India Limited
Silvermoon Constructions Pvt. Ltd.
Work highlights
- Assisted Ashoka Builders in the title due diligence and acquisition of a prime 10-acre parcel of land.
- Assisted Ramky Estates and Firms in a transaction with Genpact for the development of a 14.37-acre project in Hyderabad.
- Assisted Avenue Supermarts in setting up D-Mart stores across the states of Telangana and Andhra Pradesh.
BRUS CHAMBERS, Advocates & Solicitors
BRUS CHAMBERS, Advocates & Solicitors‘ real estate practice is based in Mumbai and jointly led by Uttam Hathi and Suhail Farooqui, supported by associate Saurabh Gandhi. The team conducts due diligence, title searches, conveyance and transactional work in the context of sales, acquisitions and developments in the residential, retail and hospitality segments.
Practice head(s):
Uttam Hathi; Suhail Faroqui
Other key lawyers:
Saurabh Gandhi
Key clients
Kolte-Patil Developers
Neelam Group
Runwal Realty
BG Shirke Group
Omate Universal
Tata Housing
Lodha Group
Piramal Realty
Individuals
Inorbit Mall
Goldman Sachs
Supreme Infrastructure India Pvt Ltd
Ashiana Housing Ltd
Neev Group
Schulman International Services BVBA
Godrej Properties Ltd
Economic Laws Practice
Economic Laws Practice offers support to clients in the context of land acquisitions and construction. As head of the real estate practice, Heena Chheda has deep experience in matters relating to tax reforms, acquisitions of land, due diligence, litigation, and the development of commercial and residential property in the state of Maharashtra. With seven offices across India and specialist knowledge in local law, the firm provides comprehensive advice in transactional, regulatory and tax matters in the country.
Practice head(s):
Babu Sivaprakasam; Heena Chheda
Other key lawyers:
Aditya Khadria; Bharat Kumar Jain
Testimonials
‘I have found the team at ELP for Real Estate & Construction to be excellent. Some key strengths are that the team is reliable, well prepared and attuned to my needs as a client.’
‘The team at ELP is well prepared with the contents of the case, makes it a point to thoroughly read and use all the documents and discuss strategy openly with clients.’
‘Heena Chheda is extremely dedicated and sincere in her role and thoroughly prepared for our meetings. She is able to ascertain and judge the overall matter and benefit to me as a client, as compared to just dealing with the smaller picture or immediate concerns.’
‘The turn around time and efficiency of Heena Chheda’s team is also very reliable and timely.’
‘Heena Chheda has also always been extremely ethical and honest in all her dealings with us, which I greatly value.’
‘Heena Chheda is someone that I have always relied upon for legal advice and overall guidance, and she has never let me/us down.’
‘Bharat Kumar Jain, an associate working under Heena Chheda, is also very efficient and experienced in legal matters.’
Key clients
Eskays Land Developers Pvt. Ltd.
Goel Ganga Group
Polycab India Limited (Polycab)
M/s. Relcon Realty Private Limited (Relcon)
Rich Products & Solutions Private Limited
Work highlights
- Advised Eskays Land Developers on the re-development of land in Matunga, Mumbai.
- Advised Polycab India on the acquisition of land of approx. 54.3 hectares in Malegaon district from various farmers.
- Assisted Goel Ganga group in the joint development of land along with Vignesh Landmark.
IndusLaw
In addition to its track record in renewable energy, IndusLaw is also equipped to advise clients in a range of other industries on land acquisitions, leasing, title due diligence and change of use issues. The firm’s merger with Anup S Shah Law Firm expanded the scope of the practice, allowing it to assist clients in Mumbai and Hyderabad as well as Bangalore and Chennai. Sunita Rajesh, Vivekanand G and KN Geetha have brought in additional expertise to a team already including Arun Kumar and Deepak Chowdhury. Avikshit Moral was another notable new arrival in the Mumbai office from Juris Corp.
Practice head(s):
Sunitha Rajesh; Vivekanand G; Avikshit Moral
Other key lawyers:
Arun Kumar; Deepak Chowdhury; KN Geetha
Testimonials
‘Approachable, clarity of issues, solution oriented, did not confuse or provide vague answers.’
‘Absolute clarity of thought and good turn around time.’
‘The team has more practical experience.’
‘Individuals have up-to-date knowledge and are open for discussion to understand and explain different points of law.’
‘The team is very approachable under the able leadership of Avikshit Moral.’
‘My experience while dealing in a transaction with the team was very smooth and I am looking forward to work with them again for transactions in the future.’
Key clients
Brigade Group
Adani Green Energy Limited
Embassy Property Developments Private Limited
360 Life Sustainable Luxury Homes LLP
DMI Finance Private Limited
Mahanagar Gas Ltd.
Tamara Leisure Experiences Private Limited
Axis Energy Venture India Pvt. Ltd.
Torrent Power
Vibrant Energy
Think Gas Distribution Private Limited
Sattva Infrastructure India Private Limited
Puravankara Limited
Sattva Group
Rohan Builders
Irfan Razack Family Trust
Welspun Group
Arihant Group
First Energy
Oriano Solar
Mahindra Susten Pvt Ltd
Edelweiss Asset Reconstruction Company Limited
Decathlon Sports India Pvt Ltd
Work highlights
- Advised Lodha Group on launching its qualified institutional placement (QIP) issue to raise approximately Rs 4,000 crore.
- Supported a joint venture company of Brookfield and Axis Energy Venture India in the acquisition of land in the state of Rajasthan for setting up a solar power plant.
- Assisted Tamara Leisure Experiences in the completion of its first hotel acquisition in India with a 167-room hotel in Singanallur, Coimbatore from UrbanEdge Hotels.
Juris Corp
Juris Corp deals with a range of real estate mandates, including acquisitions of data centres, advising developers on attaining financing for developments of luxury resorts and supporting asset managers on lending to constructors. Jayesh H, Bindiya Raichura and Namrta Rai lead the practice, which is based across Mumbia and New Delhi.
Practice head(s):
Key clients
Spenta Corporation Private Limited
Datascape Realty Private Limited (Greenscape Group)
Megaplast India Private Limited
DMI Finance Private Limited
Xander Finance Private Limited
Lotus Logistics and Developers Private Limited
Bhumi Group
Credit Suisse Securities (India) Pvt. Ltd.
Mahanagar Gas Limited
Adani Group
Jupiter Capital
Jawaharlal Nehru Port Trust
Work highlights
- Assisted Jupiter Capital in drafting a title search report for a luxury resort of about 82 parcels of land at Vizhinjam Village, Kerala.
- Advised DRPL on the sale of its 100% interest in DRPL in favour of Ascendas Property in order to develop and operate a data centre campus on a prime site in Navi Mumbai.
- Assisted JNPT in the due diligence of mortgaged land.
Kanga & Company Advocates and Solicitors
Kanga & Company Advocates and Solicitors is highly regarded and sought after by corporates and HNWIs for due diligence property title reports. Shailesh Vaidya handles mandates and is supported by Rishiraj Bhatt. The team is based in Mumbai and is equipped to advise its clients on purchases, sales, developments and financing of both residential and commercial property.
Practice head(s):
Shailesh Vaidya; Rishiraj Bhatt
Key clients
Raheja Universal (Pvt) Ltd.
S. D. Corporation
Naman Builders
Mittal Builders
Anchor Group
Phoenix Mills Group
Arkade Developers
Reliance Capital Asset Management Limited
Nish Developers
Work highlights
- Advising SDC Township and landowners in a high-value redevelopment transaction of prime properties located in Tardeo, South Mumbai.
- Advising high-net-worth individuals in the purchase of premium residential flats in Mumbai.
- Advising the promoters of a chemical trading group in a sale transaction of a large land parcel in Goregaon, Mumbai.
LexCounsel
LexCounsel has a niche real estate practice, led by Seema Jhingan, Dhruv Manchanda and Alishan Naqvee, who work on acquiring real estate for the expansion and development of educational institutions in India. The team also deals with acquisition and leasing for the purpose of retail stores, and title verifications.
Practice head(s):
Seema Jhingan; Druv Manchanda; Alishan Naqvee
Samvad Partners
Samvad Partners provides legal assistance in real estate transactions involving a range of commercial and residential property. Ekta Bahl is the lead partner, working out of Hyderabad, with experience in advising on leasing, due diligence, sale development and financing within the real estate practice area.
Practice head(s):
Other key lawyers:
Sindhu Sharma
Key clients
Brun Developers (OPC) Private Limited
Crossover Education Trust
Geodesic Techniques Private Limited
JPMorgan Chase Bank N.A
KKR
LOGOS
NoBroker Technologies Solutions Private Limited
Ola Group
Rangsons Technologies LLP
RedSeer (Beeroute Research Private Limited)
Wakefit Innovations Pvt. Ltd.
Work highlights
- Advised a furniture and furnishings company with respect to the verification of title and leasing of an industrial property located in Tamil Nadu.
- Advised a real estate developer with respect to the verification of title and acquisition of approx. 60 acres of land in and around Hyderabad.
- Advised a non-banking financial company on the verification of title and granting of a loan to a real estate developer for the development of approx. eight acres of land in Telangana.
Singhania & Partners LLP
Singhania & Partners LLP has a specialist construction practice, advising on concession agreements, joint development agreements and land title due diligence on various immovable property projects. Key partners such as Vikas Goel, Abhimeet Sinha, Dipak Rao, Shambhu Sharan, Abhishek Kumar and Ravi Singhania are all based in New Delhi and demonstrate the depth of the team.
Practice head(s):
Dipak Rao; Shambhu Sharan; Abhishek Kumar; Ravi Singhania
Other key lawyers:
Vikas Goel; Abhimeet Sinha;
Key clients
Talettutayi Solar Projects Five Pvt. Ltd.
Gujarat Maritime Board
Wind Five Renergy Private Limited
ACME Jodhpur and ACME Rewa
Sembcorp Green Infra Limited
National Highways Authority of India
Deloitte Touche Tohmatsu India Pvt Ltd
Isgec Heavy Engineering Ltd.
Karam Chand Thapar Group
C&C Constructions Ltd.
Punj Lloyd Limited
IJM Corporation Berhad
McNally Bharat Engineering Company Ltd.
Dedicated Freight Corridor Corporation of India Ltd.
Abhyudaya Housing & Construction Pvt. Ltd
Work highlights
- Provided a legal opinion to RBL Bank in relation to the transfer of a power of attorney in case of a joint developer agreement (JDA).
- Engaged by NHAI to scrutinise agreements for the construction and operation of multi-modal logistics parks under a build-operation-transfer model.
- Provided legal assistance to Deloitte Touche Tohmatsu India for the construction of India’s first 600MW floating solar power project on Omkareshwar Dam.
SNG & PARTNERS
SNG & PARTNERS is sought out by lenders, financial institutions and real estate investment managers for assistance in conducting title due diligences across India. New Delhi-based partner Rajesh Narain Gupta is a banking and finance expert who advises on real estate transactions, including township, residential and commercial projects. Munish Upadhyay carries out due diligence exercises and Sadhav Mishra supports clients through real estate regulatory laws. The real estate experience of R.P. Singh and Amit Aggarwal adds further depth to the practice.
Practice head(s):
Rajesh Narain Gupta; Munish Upadhyay; Sadav Mishra; R.P. Singh; Amit Aggarwal
Key clients
ICICI Bank Ltd. & Jubilant Life Sciences Ltd.
Indiabulls Housing Finance Ltd.
M/S Jindal Realty Ltd.
HDFC Capital Advisors Ltd.
HDFC Bank Ltd
Kotak Mahindra Bank
State Bank of India
Hindustan Infralog Pvt. Ltd.
Phoenix Mills Ltd.
Oaktree Capital
Allcargo Group
JAYPEE Group
SignatureGlobal (India) Pvt. Ltd.
Indiabulls Housing Finance Ltd.
Loon Land Development Pvt. Ltd.
Kotak Reality Fund- SS Group
Eldeco Hospitality Ltd.
DMI Finance Pvt. Ltd.- Panchsheel Group
BlackRock Asia-Pacific Private Credit Opp. Fund II (SG) VCC
Standard Chartered Bank (SCB)
Work highlights
- Advised ICICI Bank and Jubilant Life Sciences on conducting extensive due diligence of land measuring 367 acres situated in various locations across India.
- Advised Indiabulls Housing Finance on conducting extensive due diligence of 60 acres of land situated across India.
- Advised M/S Jindal Realty on the due diligence of 652.990 acres of land in Haryana.