News and developments

Argus Partners advises Phoenix Mills Limited in its successful bid to acquire 5.6 acres of mixed-use plot in the prime location in Alipore, Kolkata

Argus Partner has acted as the legal counsel to Phoenix Mills Limited in its successful bid to acquire 5.6 acres of mixed-use plot in the prime location in Alipore, Kolkata.

According to Telegraph India, the bid amount of approximately Rs. 400 Crores by Phoenix Mills Limited for a 5.6 acres plot, is one of the highest that the city of Kolkata has ever seen for a land parcel.

As the sole legal advisor, Argus Partners was involved in undertaking title diligence, assistance in pre-bid query and general legal advise from time to time.

The Argus Team consisted of Arka Majumdar (Partner) and Vikram Chaudhuri (Associate).

Read more at: Telegraph India

August 29, 2022