Dua Associates

New Delhi, September 2025 – Dua Associates has successfully steered a two-part real estate transaction in the heart of New Delhi’s prestigious Lutyens Bungalow Zone (LBZ), acting for Maharaj Kumar Yashwant Singh Ji Sahib of Alwar (https://en.wikipedia.org/wiki/Sawai_Tej_Singh_Naruka) in both the acquisition of a new residence and the sale of his historic family estate. Part I – A Royal Move to Golf Links in a deal worth ₹100 crores front-ended by Dua Associates In one leg, Dua Associates advised Yashwant Singh, scion of Rajasthan’s erstwhile royal family of Alwar, on the acquisition of a stylish 704.4-sq. yards bungalow in Golf Links for ₹100 crores. 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 ₹8 crores in stamp duty, registration fee and corporation tax. The seller, in this transaction was Anu Jindal of DLF “The Camellia”, who was represented by a team from Savills India. Completed in record time, the deal earned the client’s appreciation. Part II – Dua Associates advises on record-setting real estate sale of ₹310 crores 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)—a colonial-era property spread over 3,540 sq. yards—to Gentex Merchants Pvt. Ltd., a company linked to steel magnate Lakshmi Mittal. Registered at ₹310 crores, the transaction ranks among 2025’s costliest property deals in Delhi, with the buyer paying ₹24.80 crores in stamp duty, registration fee and corporation tax. 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. The purchaser in this transaction was represented by a team from Shardul Amarchand Mangaldas (SAM). Setting a Benchmark in High-Value Real Estate Advisory From sourcing and structuring to execution, Dua Associates’ end-to-end counsel exemplifies the firm’s ability to manage complex, high-value real estate matters with speed, discretion and precision. This two-part transaction—culminating in both a strategic downsizing and a record-setting sale, reaffirms Dua Associates’ position as a go-to advisor for India’s most discerning property clients. About Dua Associates: 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.

Dua Associates is proud to announce that Mr CR Dua, Chairman of the Firm, has been honoured with the prestigious Lawyers of India Day Award 2024. This accolade, bestowed by the Bar Association of India, felicitates eminent members of the Bar every year who have made valuable contributions to the legal profession and their role in promoting the rule of law in India. The award ceremony took place on December 03, 2024, at Jacaranda Hall, India Habitat Centre, New Delhi, during the annual Lawyers of India Day celebrations - a gathering of top legal minds and dignitaries to honour the achievements of the five senior legal professionals who have made a significant impact by upholding the rule of law in the country.  The Chief Guest was the Hon’ble Mr Justice Hrishikesh Roy, Judge Supreme Court of India, while the Guest of Honour was Mr. R Venkataramani, Attorney General for India. The Lawyers of India Day Award is a tribute to outstanding lawyers who have shown exemplary dedication and commitment to legal ethics, justice, and civic responsibility. Mr Dua has consistently demonstrated these qualities throughout his distinguished career, earning a reputation as an advocate for justice and a source of inspiration for legal professionals across the country. “Receiving this award is not just a personal honour but a reaffirmation of the Firm’s collective commitment to uphold the rule of law in India,” said Mr Dua.  “I am grateful to the Bar Association of India for this recognition, and I dedicate this award to my colleagues at Dua Associates who have worked tirelessly and continue to do so, to ensure justice and legal integrity.” Under Mr Dua’s leadership, Dua Associates has successfully handled numerous landmark cases, championed complex litigations, and contributed to corporate legal and regulatory reforms as a member of the National Committee on Legal Services of the Confederation of Indian Industry (CII) and as senior vice president of the Society of Indian Law Firms (SILF) and among the chairpersons of the Legal Reforms Committee. Mr Dua’s contributions extend beyond the courtroom, to championing diversity, inclusion and equality which are now integral to all aspects of the Firm’s practice. The Chairman has been the moving spirit behind the Firm’s continued CSR support to Him Jyoti Vocational Institute for education of under-privileged girl children, an initiative which is now institutionalized and sustained by the Firm’s professionals.