BackThe Practice
Consistent economic growth and increasing urbanisation has buoyed the Indian real estate industry. The last decade witnessed a remarkable growth in residential and commercial property projects. It also saw the emergence of a complex ecosystem that eventually drove the enactment of Real Estate Regulation Act. The country has also witnessed a large swing towards the development of sophisticated warehousing space.
Execution
Our real estate practice has the specialist skills and experience to deliver a seamless value proposition across most stages of the asset lifecycle. We complement our legal skills and commercial acumen to provide the most appropriate counsel on title due diligence, transactions, joint development projects, construction contracts, lease contracts, financing deals and dispute resolution.
The Khaitan Advantage
This team has worked on some of the largest, most prominent and complex engagements for a broad spectrum of clients such as land owners, developers, construction companies, investors, lenders, corporates, and HNI buyers. The team is able to leverage its experience and knowhow of local regulatory issues and past engagements with various state authorities and regulators to provide commercial and outcome-driven advice.
“The 'flexible', 'responsive', and 'knowledgeable' team at Khaitan & Co draws from its partners' expertise in other practice areas, including tax, white-collar criminal defence and disputes, to provide multi-disciplinary advice to clients.”
Legal 500, 2018Key Contacts
Key Deals
Borosil Glassworks Limited
Advised in relation to transfer of industrial land admeasuring about 74,112.72 square meters located at Marol, Andheri (East), Mumbai, in favour of Neepa Real Estate Private Limited for USD 177 million approximately.
read more +INOX Leisure Limited
Advised on acquisition of multiple multiplex businesses across India.
read more +Bush Foods Overseas Private Limited and its promoters
Advised on the corporate and real estate aspects in relation to sale of a majority stake to Hassad Food Company, Qatar (“HFC”) and complete exit by Standard Chartered Private Equity from Bush Foods.
read more +Ceres Hotels Private Limited
Advised in relation to acquisition of The Leela Goa, a 206 key five star beach resort spread over 50 acres of land.
read more +Dan Hospitality India Private Limited
Advised in relation to a construction contract with Larsen & Toubro for construction of its first five star hotel project in Whitefield, Bangalore, for over INR 100 crores.
read more +E Shang Redwood
Advised in the client's assignment of lease of 75 acres of land of WBIDC in Uluberia from Mahabharat Motors for setting up a warehousing and logistics hub.
read more +Maruti Suzuki India Limited
Assisted the client on acquisition of lands in the states of West Bengal, Assam, Bihar and Tripura totalling 9 deals.
read more +Piramal Enterprises Limited (India) and IndiaReit Fund
Advised in relation to formation of a debt fund platform with initial aggregate size of USD 500 million, where each of Piramal Enterprises Limited (India) (“PEL”) and Canada Pension Plan Investment Board each committed USD 250 million. The fund will be managed by IndiaReit, the real estate private equity arm of PEL and will provide rupee debt financing to residential projects across India’s major urban centres.
read more +Insights
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Amnesty Scheme to the rescue of stalled SRA projects in Maharashtra
read more + 31 May '22 -
Understanding Nomination and Succession In A Housing Society
read more + 14 Jan '22 -
How to deal with construction delays and factor-in such delays under contracts
read more + 17 Sep '21 -
Reduction of Market Value and rate of Stamp Duty in West Bengal and Delhi
read more + 16 Jul '21 -
Major Real Estate & Infrastructure Opportunites in Mumbai & New Delhi
read more + 17 Sep '20 -
Data storage in the cloud: Is it a case of conflict?
read more + 03 Sep '20
