Chambers Review
Provided by Chambers
Real Estate: Mumbai-based - India
What the Team is Known For
Shardul Amarchand Mangaldas & Co has a nationwide legal practice in India, handling both commercial and residential real estate transactions, and associated licensing and compliance issues, for a wide range of foreign and domestic clients. Especially working from its Mumbai and Delhi bases, the firm regularly handles leasings, asset and land sales, and acquisitions. The firm draws on its cross-practice expertise and advises on private equity investments in the real estate sector.
Strengths
The team has consistently kept up with market trends; it is also quick to pick up on substantive commercial objectives and provide a nuanced solution that is conscious of the aforementioned.
Its extremely hard-working team, technical knowledge and negotiation support distinguishes the firm from others in the industry.
Work Highlights
Shardul Amarchand Mangaldas & Co acted as legal counsel to Green Horizon and Daibiru Hines on the divestment by Green Horizon to Daibiru Hines of 33% stake in Atrium Place Developers.
Notable practitioners
Mrinal Kumar in New Delhi represents a host of leading developers, sophisticated investment platforms and multinational corporates, offering expert transactional and regulatory real estate advice.
Mrinal has been in the real estate space for a very long time so he has contacts in smaller cities where work happens; he has mandated partnerships with counsels all over the country, which is great.
Bhoumick Vaidya in Mumbai is recognised for his work on real estate development, title diligence and due diligence matters.
Bhoumick is very practical in his approach and detail-oriented.
Bhoumick Vaidya has very strong expertise in his field.