Real Estate: Pan-India
Asia-Pacific Guide 2024 : India
Band 1
Email address
[email protected]Contact number
+91 22 6636 5000Chambers Review
Khaitan & Co's Mumbai and Delhi offices are especially strong on India-wide real estate matters. The team handles the full life-cycle of real estate projects, including transactional, insolvency, regulatory and contentious issues. The real estate department offers expertise in leases, sales and purchases, as well as foreign direct investment. The practice is particularly well versed in land parcel acquisitions, advising on residential and office development spaces. The group counts developers, financial institutions, international corporations and government entities amongst its noteworthy clientele. These clients include Ares SSG, Blackstone Asset Management and Brookfield Asset Management.
Work Highlights
- Khaitan & Co assisted Elan on the acquisition of 40 acres of land in Gurugram from Indiabulls Real Estate for a mixed-use development.
Strengths
Provided by Chambers
"The partners and the counsel that worked on our matter were up to date on all relevant regulations, permits and procedures, which definitely assisted us in our decision-making process. The documents were drafted and reviewed keeping in mind the market practices for similar deals."
"The service levels are extremely good, the team's expertise spans across all the cities and they are able to rope in relevant experts within their teams quite quickly."
"The partners and the counsel that worked on our matter were up to date on all relevant regulations, permits and procedures, which definitely assisted us in our decision-making process. The documents were drafted and reviewed keeping in mind the market practices for similar deals."
"The service levels are extremely good, the team's expertise spans across all the cities and they are able to rope in relevant experts within their teams quite quickly."
Notable Practitioners
Avnish Sharma in New Delhi has an impressive real estate practice and holds significant presence on transactional mandates. He is particularly active in the commercial arena advising on logistics, warehouse and commercial developments.
"He is very thorough and measured in the way he engages with external parties. I like working with him as if you have an issue you need to get through, he will find a solution. He can find a solution that works for both us and the counterparty and can push negotiations to a productive closure."
Sudip Mullick is based in Mumbai and sought after for his ability to advise on high-value real estate transactions, particularly fund investments.
Harsh Parikh is Mumbai-based and advises on complex region-wide issues of title and the execution of property transactions for asset management companies and real estate investors.
"Harsh is really standout as it's a tough sector to work in. He is really A-class, knows his stuff, and thinks for his client first and foremost."
Devendra Deshmukh in Mumbai is recognised for his work across a variety of real estate transactions, including advising on large-scale land acquisitions and related title work.
"Devendra is our primary contact. He is helpful, diligent and available."
"He has done some big transactions the last couple of years."