{"id":52338,"date":"2025-09-25T14:59:47","date_gmt":"2025-09-25T14:59:47","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=52338"},"modified":"2025-09-25T14:59:47","modified_gmt":"2025-09-25T14:59:47","slug":"transaction-summary-prasoon-spaces-llp-and-chawla-brothers-llp","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/transaction-summary-prasoon-spaces-llp-and-chawla-brothers-llp\/","title":{"rendered":"Transaction Summary – Prasoon Spaces LLP and Chawla Brothers LLP"},"content":{"rendered":"

DSK Legal advised\u00a0and assisted\u00a0Prasoon Spaces LLP\u00a0and\u00a0Chawla Brothers LLP\u00a0(\u201cSellers\u201d)\u00a0in respect of the transfer of land admeasuring in aggregate 3.79 acres\u00a0situate at Chandivali, Andheri (East), Mumbai (\u201cProperty\u201d) in favour of Lumina CloudInfra Private Limited (backed by Blackstone).<\/strong><\/p>\n

<\/p>\n

DSK Legal assisted the Sellers in\u00a0inter alia<\/i> (i) advising on structuring of the transaction, (ii) advising, preparing, revising, negotiating and finalizing the transaction documents i.e. Conveyance Deed, Power of Attorney and other ancillary deeds, letters and writings, thereto, and (iii) execution and registration of the transaction documents i.e. Conveyance Deed, Power of Attorney and other ancillary documents.<\/p>\n

Deal Value:<\/b>\u00a0INR 475,00,00,000 \/- (Rupees Four Hundred and Seventy-Five Crores only).<\/p>\n

The team representing DSK Legal comprised of\u00a0Mr. Sajit Suvarna (Deputy-Managing Partner), Mr. Sagar Kadam (Partner).<\/b><\/p>\n

Cyril Amarchand Mangaldas<\/b>\u00a0acted as the legal counsel for\u00a0Lumina CloudInfra Private Limited.<\/p>\n

The Transaction has been reported on various prominent platforms, attaching a few links hereinbelow:<\/p>\n

Economic Times:\u00a0https:\/\/economictimes.indiatimes.com\/industry\/services\/property-\/-cstruction\/blackstones-lumina-cloudinfra-buys-3-8-acre-in-mumbais-chandivali-for-rs-475-crore\/articleshow\/124070625.cms?from=mdr<\/a><\/p>\n

Hindustan Times:\u00a0https:\/\/www.hindustantimes.com\/real-estate\/blackstonebacked-lumina-cloudinfra-buys-two-land-parcels-measuring-3-8-acres-in-mumbais-chandivali-for-475-crore-101758635830618.html<\/a><\/p>\n

Business Standard:\u00a0https:\/\/www.business-standard.com\/companies\/news\/blackstone-to-invest-rs-5-000-cr-to-develop-60-mw-data-centre-in-mmr-125092301031_1.html<\/a><\/p>\n

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