We handle the entire property life-cycle from the initial acquisition, development, leasing and financing. The firm provides private equity investors, developers, local corporates and multinational companies with a comprehensive range of services in this sphere. We also advise on structured and securitized real estate finance transactions. Our services in the real estate space also cover due diligence and title clearance, advice on land use regulations, structuring of transactions from the perspective of stamp duty, tax and regulatory issues, conveyance, lease, leave & license, lease rental discounting arrangements, etc. Some of the assignments handled by the attorneys of the firm are set out below:
Advised on legal, regulatory and tax issues surrounding the vast expanse of land pertaining to a metropolitan airport, on behalf of a privatized international airport. This involved close working relationships and coordination with bodies/institutions such as the Government of Maharashtra, Airports Authority of India, MMRDA, Slum Rehabilitation Authority, Bombay Municipal Corporation, etc.
Advised on issues pertaining to service tax on renting of immovable property, Property Tax, Non-Agricultural Tax, etc.
Represented a leading private sector bank, on numerous real estate matters including title verification, review of development agreements, mortgage deeds, powers of attorney, lease rental discounting, etc.
Advised a privatized international airport on the creation of an aerotropolis involving commercial development of airport land including issues pertaining to land use restrictions under the concession agreement, statutory restrictions, formation of subsidiaries for real estate development, security creation over airport assets, etc.
Represented a stake land related litigations on behalf of a privatized international bank from the small causes court to the Supreme Court pertaining to specific performance, adverse possession, declaration and injunction, eviction, possession, title, etc.
Advised a privatized international airport on development of the SEZ on airport land.
Advised one of Asia’s leading providers of business space solutions, on its acquisition of an IT Park in Hyderabad, including detailed due diligence on the SEZ approvals obtained, IT park tenancy agreements, etc.
Acted for one of the world’s largest call centre companies, in connection with the lease of office spaces in Mumbai and Pune
Acted for Indian arm of a leading global news agency, in connection with lease of office space in Mumbai
Acted for Indian arm of a leading financial institution of America in connection with lease of large office space in Gurgaon, Haryana
Acted for Indian division of one of the largest car manufacturers in the world in connection with lease of office space in Mumbai
Acted for the clients of a leading global real estate service firm in connection with sale of apartments in Mumbai
Acted for one of Asia’s largest real estate companies, in connection with their joint venture with a leading business house in India