S&R Associates represented AKM Enterprises, part of the MBD Group, in the INR 4.9 billion sale of the MBD Neopolis Mall and Radisson Blu Hotel MBD in Ludhiana, Punjab to Select Infrastructure, a special purpose vehicle of Nexus Select Trust, a listed real estate investment trust.
The S&R team was led by partners Radhika Iyer and Meher Mehta, and included associates Nikhitha Tadigoppula, Ayushi Singh and Maideni Shukla on corporate matters. Partner Avikshit Moral advised on real estate matters.