The JV will focus on premium micro-markets such as Pune, Mumbai, Delhi-NCR and Bengaluru and the focus of the partnership will be on developing sustainable and resource-efficient assets that will have zero-carbon footprint ensuring energy and water savings. As a part of the arrangement under the JV, Indospace has agreed to invest ₹1,000 crore in the JV, whilst KSH Infra will primarily be responsible for identifying and developing the assets and shall also be co-investing in the assets along with IndoSpace. DSK Legal advised Indospace in setting up the JV and in drafting, negotiating and finalizing the various transaction documents with respect to setting up of the JV. The DSK Legal team was led by deputy managing partner, Sajit Suvarna and partner, Saloni Mody & accompanied by Harini Sutaria (senior associate) and Nancy Neekhra (associate). KSH Infra was advised by Desai Diwanji. Avendus Capital acted as financial advisors for the transaction and PricewaterhouseCoopers acted as tax advisors.