{"id":52546,"date":"2025-10-09T11:39:09","date_gmt":"2025-10-09T11:39:09","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=52546"},"modified":"2025-10-09T11:39:09","modified_gmt":"2025-10-09T11:39:09","slug":"dua-associates-orchestrates-landmark-two-part-real-estate-transaction-for-the-royals-from-rajasthan-in-delhis-lutyens-zone","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dua-associates-orchestrates-landmark-two-part-real-estate-transaction-for-the-royals-from-rajasthan-in-delhis-lutyens-zone\/","title":{"rendered":"Dua Associates Orchestrates Landmark Two-Part Real Estate Transaction for the Royals from Rajasthan in Delhi\u2019s Lutyens Zone"},"content":{"rendered":"

New Delhi, September 2025 \u2013 <\/em>Dua Associates has successfully steered a two-part real estate transaction in the heart of New Delhi\u2019s prestigious Lutyens Bungalow Zone (LBZ), acting for Maharaj Kumar Yashwant Singh Ji Sahib of Alwar (https:\/\/en.wikipedia.org\/wiki\/Sawai_Tej_Singh_Naruka<\/em>) in both the acquisition of a new residence and the sale of his historic family estate.<\/strong><\/p>\n

<\/p>\n

Part I \u2013 A Royal Move to Golf Links in a deal worth <\/strong>\u20b9100 crores front-ended by Dua Associates<\/strong><\/p>\n

In one leg, Dua Associates advised Yashwant Singh, scion of Rajasthan\u2019s erstwhile royal family of Alwar, on the acquisition of a stylish 704.4-sq. yards bungalow in Golf Links for \u20b9100 crores.<\/p>\n

The team, led by Partner Salil Gulati along with Partner Sahil Dhawan, Principal Associate Kapil Saxena and real estate subject expert Narinder Mohan, handled every facet of the transaction: exhaustive legal due diligence, structuring, drafting and negotiation of documentation, and seamless closing. The firm also guided on the requisite clearances and the payment of over \u20b98 crores in stamp duty, registration fee and corporation tax.<\/p>\n

The seller, in this transaction was Anu Jindal of DLF \u201cThe Camellia\u201d, who was represented by a team from Savills India.<\/p>\n

Completed in record time, the deal earned the client\u2019s appreciation.<\/p>\n

Part II \u2013 Dua Associates advises on record-setting real estate sale of <\/strong>\u20b9310 crores<\/strong><\/p>\n

Dua Associates being the long-term legal advisers of the Alwar royal family also counselled them on divesting their iconic bungalow on APJ Abdul Kalam Road (formerly Aurangzeb Road)\u2014a colonial-era property spread over 3,540 sq. yards\u2014to Gentex Merchants Pvt. Ltd., a company linked to steel magnate Lakshmi Mittal. Registered at \u20b9310 crores, the transaction ranks among 2025\u2019s costliest property deals in Delhi, with the buyer paying \u20b924.80 crores in stamp duty, registration fee and corporation tax.<\/p>\n

Again, led by Partner Salil Gulati along with Partner Sahil Dhawan, Principal Associate Kapil Saxena and real estate subject expert Narinder Mohan, under the able guidance of the doyen of real estate advisory, the late Shashivansh Bahadur, the team oversaw legal due diligence, deal structuring, regulatory clearances and approvals and comprehensive documentation, ensuring a swift and secure close to a marquee transaction that underscores the enduring allure of Lutyens Delhi.<\/p>\n

The purchaser in this transaction was represented by a team from Shardul Amarchand Mangaldas (SAM).<\/p>\n

Setting a Benchmark in High-Value Real Estate Advisory<\/u><\/p>\n

From sourcing and structuring to execution, Dua Associates\u2019 end-to-end counsel exemplifies the firm\u2019s ability to manage complex, high-value real estate matters with speed, discretion and precision. This two-part transaction\u2014culminating in both a strategic downsizing and a record-setting sale, reaffirms Dua Associates\u2019 position as a go-to advisor for India\u2019s most discerning property clients.<\/p>\n

About Dua Associates: <\/strong>Dua Associates is a leading law firm in India with a nearly 4-decade track record of delivering critical legal solutions for its clients including Fortune 500 companies, financial institutions, governments and SMEs. The Firm is widely recognized for the depth of experienced legal talent and the significant experience of its 250 professionals including 75 partners.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-52546","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/52546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=52546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}