South Asia - India

Khaitan & Co.

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Khaitan & Co LLP’s real estate and construction team regularly advises clients on both traditional real estate matters and private equity transactional issues across the industrial, commercial, retail, residential, and hospitality sectors. On the traditional real estate front, the team handles large agricultural land title diligences, redevelopment and joint venture transactions, conveyancing, leasing, construction contracts, and matters relating to technology parks. From the Mumbai office, both Harsh Parikh and Devendra Deshmukh specialise in title diligence, drafting and negotiating transaction documents such as JDA, DA, and DMA, conveyance and lease deeds, and licence agreements. Deshmukh also undertakes title diligence exercises for agricultural lands and urban properties, while from the New Delhi office, Avnish Sharma advises on foreign investment in real estate, onshore and offshore structuring, development and collaboration transactions, as well as SEZ and private equity investments. Sudip Mullick and Yigal Gabriel focus on disputes and litigations arising out of construction contracts.

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Key clients

  • Blackstone Asset Management
  • Brookfield Asset Management
  • Ares SSG
  • Elan Limited
  • Mahindra Holidays
  • Actis Advisors Private Limited
  • Mirae Asset Management
  • Digital Edge
  • Brookfield Digital Realty JV
  • Godrej Asset Management
  • K Raheja Corp
  • Shree Naman Developers Private Limited
  • Puravankara Limited
  • Sunteck Realty
  • L&T Realty

Work highlights

  • Advised on acquisition of land measuring approx. 40 acres situated in Gurugram, Haryana for mixed use project by Elan Limited from Indiabulls Real Estate Limited for a total of approx. INR 580 Crores.
  • Advised Brookfield Asset Management in relation to a joint venture with Bharti Enterprises for four commercial properties totalling to 3.3m square feet for a total consideration of INR 5000 crore.
  • Advised Blackstone Asset Management on the acquisition of warehousing assets situated Delhi by Blackstone Asset Managemen from TARC Limited or a total consideration of INR 295 crores.

Practice head

The lawyer(s) leading their teams.

Avnish Sharma, Harsh Parikh, Devendra Deshmukh

Other key lawyers

Deepak Jodhani, Sudip Mullick, Yigal Gabriel