June 21, 2024
Birla Estates Private Limited has acquired development rights for a prime land parcel owned by Barmalt India Private Limited in an upscale area of Gurugram.
This significant transaction involves a 13.27-acre land parcel with a development potential of approximately 2.4 million square feet. The land will be developed into a premium residential group housing project, expected to generate revenue of ₹5,000 Crore.
Emerald Law Offices provided comprehensive legal support to Birla Estates for this acquisition. The transaction was led by Sachit Mathur (Managing Partner) along with Ajay Bhadu (Partner) and Astha Singh Trehan (Partner).
DSK Legal represented Barmalt India in this transaction.
November 15, 2024
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