Real Estate in India has been one of the foremost subject matters since the etymology of legal practice in India yet it has adorned a whole new meaning in the last decade by way of introduction of contemporary techniques in sale and acquisition of property, debt and equity funding for property projects, ownership thresholds, working with statutory and regulatory compliances to strike a balance between the interests of developers and the buyers. Our practice covers the entire life span of real estate transactions, from acquisition and development to leasing and sale.
We have been involved in major real estate transactions across India, and regularly advise clients in relation to residential, commercial and industrial developments, special economic zones (SEZs), townships and IT parks. We advise clients on title of properties, lending / borrowing for real estate development by both domestic and foreign lenders and investments (foreign and domestic) by funds and private equity players in the real estate sector. We also advise clients on development and joint development of property, construction contracts and disputes arising out of construction contracts. We have, since our very inception, had the opportunity to work on straight forward as well as complex real estate transactions and have significant expertise in advising our clients on:
- Structuring of real estate projects, both residential and commercial, in view of the prevailing real estate laws and market practices.
- Legal investigation of ownership title.
- Independent verifications in title clearances with regulatory authorities.
- Structuring of property projects for legal compliance.
- Equity and debt investments in property, both from foreign as well as domestic contributors.
- Stamp duty and registration requirements.
- Real estate disputes/litigationa matters before appropriate authorities.
- Drafting, negotiation and finalisation of several documents, including but not limited to:
-
- Term Sheet
- Agreement to Sell
- Agreement to Lease
- Sale Deed
- Lease Deed
- Leave and License Agreements
- Loan Agreements for acquisition of real estate
- Mortgage Documents
- Joint Development Agreements
- Construction Agreements
- Property Maintenance Agreements
- Consumer Agreements for acquisition of individual property units in integrated projects including apartments and villas
- Property devolution documents including gift deed, settlement deeds, release deeds and partition deeds