Firm Profile > Law Point > Mumbai, India
Law Point Offices
301 VAIBHAV CHAMBERS
BANDRA-KURLA COMPLEX, BANDRA (EAST)
MUMBAI 400 051
Law Point > The Legal 500 Rankings
Real estate and construction Tier 2
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.
Joyita Sabharwal; Samir Sanghavi; Dharmesh Shah
Other key lawyers:
M. H. Murlidhar; Shrikant Kherkar; Mehul Gada; Sachin Karia
‘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.’
Radius Developers Pvt. Ltd.
The Wadhwa Group
Shree Naman Developers Ltd.
HDFC Capital Advisors
Mr. Rakesh Roshan
Rashtriya Metal Industries Ltd.
National Happy Home Group
Trust Capital Services (I) Pvt. Ltd.
Vijaygroup Housing Pvt. Ltd.
Xrbia Developers Ltd.
Bookmyshow (Big Tree Entertainment)
Tulsiani Sumer Group of Builders
Sumer Group of Builders
Rajhans Infracon (I) Pvt. Ltd.
Ariisto Group of Builders
Suraksha Group of Companies
Law Point > Firm Profile
The firm: Law Point is a boutique real estate law firm offering comprehensive legal and financial services covering all facets of real estate ranging from commercial, residential and infrastructural development to joint venture projects and project finance. The guiding philosophy for Law Point has been that legal advisory services or taxation/financial advisory services, individually and stand-alone, cannot provide a comprehensive solution to any real estate project. The firm has therefore developed the expertise to provide a suite of all-encompassing real estate solutions that comprise legal, tax and financial services. The combined talent of the legal professionals and associate chartered accountants, which is still unusual in the current legal scenario in India, ensures that every project benefits from the expertise of a well-balanced team bringing in the requisite expertise in all aspects of the client brief.
Law Point’s niche lies in catering to the pre-, as well as post-closure requirements of a client participating in a real estate project with the objective of providing end-to-end solutions, from due diligence, computation of market value, stamp duty and Goods and Service Tax, transaction structuring, documentation to tax structuring, thus providing a one-stop solution for the entire project. While offering the entire gamut of services pertaining to real estate, the firm’s distinctiveness lies in its expert advice and solutions in the areas of regulatory guidelines, valuation and allied tax laws, which ensures a tax-efficient proposal and solution to the client, and eliminates the need for the client to seek taxation and financial guidance from an outside agency, pre- and post-conclusion of contract. Moreover, the firm’s proficiency in proactively exploring all options pertaining to a project has enabled it to establish a unique ability to diagnose inherent lacunae and detect potential hurdles and road blocks at the inception of any deal. It is therefore able to design a workable solution addressing the income tax, capital gain tax, FEMA laws, Reserve Bank guidelines, Goods and Service Tax, market valuation and stamp duty implications. This capability also translates into the successful and speedy conclusion of contracts. The firm, being mid-sized,ensures clients have easy access to its partners and senior team members, an advantage that has helped build long- standing associations with most of its clients.
Areas of practice: Services offered by Law Point include legal, technical, secretarial services, financial due diligence, investment and transaction structuring, advisory services of land use and zoning regulations, debt structuring for real estate venture capital funds, financial structuring, stamp duty and registration procedures and all related documentation for concluding simple as well as complex contracts.
The breadth of transactions includes the setting up of IT parks, industrial parks, special economic zones, integrated special townships and malls, as well as MHADA and society redevelopments, slum rehabilitation developments and project finance where the firm extends its legal, financial advisory and documentation capabilities.
The firm’s strength lies in providing solutions to complicated and intricate deals. The firm has also extensively advised FDI-compliant domestic and foreign funds investing in real estate projects. Some major clients comprise prominent real estate developers, institutional lenders, real estate funds, and corporate and domestic investors.
|Transaction structuring||S Sanghavi|
|Transaction structuring||D Shah|
|Legal and technical due diligence and post-transaction due diligence||T Mehta|
|Legal and technical due diligence and post-transaction due diligence||Joyita Sabharwal|
|Development : Commercial, residential and retail||S More|
|REIT, commercial leases and licences||D Shah|
|Development: commercial, residential and retail||T Mehta|
|Development: commercial, residential and retail||S Karia|
|Redevelopment: slums and societies||M Gada|
|Redevelopment: slums and societies||M H Murlidhar|
|Development through government agencies: MMRDA, MHADA, CIDCO, society and public charitable trusts||Joyita Sabharwal|
|Development through government agencies: MMRDA, MHADA, CIDCO, society and public charitable trusts||M H Murlidhar|
|Agricultural land and townships||M H Murlidhar|
|Agricultural land and townships||S Kerkar|
|Project finance||D Shah|
|Project finance||Natasha Shah|
|Private equity, investment funds and exits||D Shah|
|Private equity, investment funds and exits||Natasha Shah|
|GST and VAT||N Shah|
|GST and VAT||D Shah|
|Income tax, capital gains and stamp duty||S Sanghavi|
|Income tax, capital gains and stamp duty||N Shah|
|Income tax, capital gains and stamp duty||M Kadam|
|Project Finance, FDI and FEMA||J Meeyajiwala|
|FDI and FEMA||D Shah|
|FDI and FEMA||N Shah|