Real Estate: Mumbai-based
Asia-Pacific Guide 2024 : India
Band 1
About
Provided by Wadia Ghandy & Co
Our real estate team aids and assists clients within all facets of the real estate and property sector with an innovative and client-centric approach that is focused on delivering creative and efficient solutions to complex issues that maximize our client’s financial and strategic objectives in a minimal-risk environment. Our pan-India network and our multi-disciplinary focus within the real estate sector enable us to offer a unique synergy of services to our clients, which is backed by our extensive experience at every stage of the real estate life-cycle.
We assist clients with acquisitions and disposals for development, joint ventures, financing and funding, sale of properties, regulatory and environmental compliances, and letting and exits.
We advise:
Real estate developers, asset-owning entities, asset management entities, private equity funds, financial and funding institutions, sovereign wealth funds, foreign institutional investors, multi-national corporations, religious and charitable trusts, hotel and leisure asset-owning entities and operators, banks, business houses, and high net worth individuals.
Key Work Highlights -
- Advised Oberoi Realty Limited in their acquisition of rights from IREO Residences and other entities.
- Advised LOGOS India in acquisition of rights of an allottee in a MIDC Plot.
- Advised HDFC Capital Advisors Limited in a deal wherein Tejukaya Corp Private Limited agreed to issue non convertible debentures to HDFC Capital Advisors Limited.
Chambers Review
Wadia Ghandy & Co has a long-established real estate law practice, especially renowned for its presence in the Mumbai market. The legal team is well regarded for both traditional and transactional real estate matters, advising a wide array of clients ranging from developers and landowners to private equity funds and banks. The team comes recommended for residential redevelopment projects and litigation by developers. The law firm also has notable experience providing advice on RERA. Clients include Adani Goodhomes, GIC and HDFC.
Work Highlights
- Wadia Ghandy advised Phoenix Mills on the acquisition of land parcels in Surat from multiple land owners through its SPV Thoth Mall and Commercial Real Estate.
Strengths
Provided by Chambers
"They have a strong ability to approach a transaction using legal implications, risk assessments and commercial options."
"I think they are very good and have deep knowledge about the real estate space."
"They have a strong ability to approach a transaction using legal implications, risk assessments and commercial options."
"I think they are very good and have deep knowledge about the real estate space."
Notable Practitioners
Hamid Moochhala is based in Mumbai. He is esteemed for the considerable depth of his experience in the real estate sector, utilising his many years of service.
Dhawal Mehta is a leading figure in the industry and Mumbai market, representing marquee developers, corporates and investors in commercial and residential property transactions.
"Dhawal Mehta has a strong understanding of how the real estate business operates and is abreast with the market trends."
Denzil Arambhan is based in Mumbai, with his real estate practice including transactions and investments, where he is known to cover mandates across Maharashtra.
"Denzil is the partner we work with - we really trust him a lot."
Ranked Lawyers at
Wadia Ghandy & Co
India
Members
Provided by Wadia Ghandy & Co