Experion Developers Acquires Prime Real Estate Project in Gurugram with Emerald Law Offices' Expertise
Experion Developers Private Limited has acquired a strategically located real estate project in Gurugram from Raheja Developers, with Emerald Law Offices acting as legal advisors.
Real EstateGurugramExperion DevelopersEmerald Law OfficesLand AcquisitionReal Estate NewsJul 08, 2024
Experion Developers Private Limited, a reputed real estate developer, has made a strategic move by acquiring a prime real estate project in Gurugram from Raheja Developers. This project has the potential to develop a massive 3 million square feet, generating revenue of ₹3,700 crore.
Emerald Law Offices, a leading law firm, acted as legal advisors to Experion Developers Private Limited, providing expertise in transaction structuring, due diligence, documentation, and regulatory guidance. The transaction team consisted of experienced lawyers, including Sachit Mathur (Managing Partner), Astha Singh (Partner), Ajay Bhadu (Partner), Yogendar (Principal Associate), Vaishnavi (Associate), and Chavi Chopra (Associate).
Experion Developers Private Limited is a leading real estate developer known for its innovative and customer-centric approach. With a focus on creating sustainable and eco-friendly environments, Experion Developers has established itself as a prominent player in the Indian real estate market.
Emerald Law Offices is a renowned law firm providing expert legal services to clients across various sectors, including real estate, corporate, and finance. With a team of experienced lawyers, Emerald Law Offices has built a reputation for itself in the legal industry.
The acquisition of this prime real estate project in Gurugram marks a significant milestone for Experion Developers, and Emerald Law Offices' expertise played a crucial role in facilitating this transaction.
Frequently Asked Questions
Who acquired the real estate project in Gurugram?
Experion Developers Private Limited acquired the real estate project in Gurugram from Raheja Developers.
What is the potential development capacity of the project?
The project has the potential to develop 3 million square feet.
What is the estimated revenue generation from the project?
The project is expected to generate revenue of ₹3,700 crore.
Who acted as legal advisors to Experion Developers?
Emerald Law Offices acted as legal advisors to Experion Developers.
What was the scope of Emerald Law Offices' expertise in this transaction?
Emerald Law Offices provided expertise in transaction structuring, due diligence, documentation, and regulatory guidance.
Related News Articles
Vijay Kedia's Melodic Plea: Ease the Dividend Tax Burden on Indian Investors
Market expert Vijay Kedia's unique appeal to FM Nirmala Sitharaman to reconsider dividend tax burden on investors
NBCC Announces 1:2 Bonus Share Issue, Utilizes Rs 90 Crore Free Reserve
NBCC India Ltd has announced a bonus share issue in the ratio of 1:2 to eligible shareholders, utilizing Rs 90 crore from its free reserves. The company has a robust order book of over Rs 81,300 crore and is strategically focused on redevelopment, PSU lan
Mixed-Use Developments: Shaping the Future of Commercial Real Estate
The backbone of the significant transformation in India's commercial real estate market is mixed-use development, which is expected to drive the future of the industry.
RERA Orders Refund and Penalty for Developer’s Violation of Real Estate Laws
The Telangana State Real Estate Regulatory Authority (RERA) has directed Bhuvanteza Infra Projects Pvt. Ltd to refund Rs 32 lakh to a homebuyer along with 11.05% annual interest. Additionally, a penalty of Rs 11.46 lakh was imposed on the developer for vi
Insomniacs Unveils ACX Convo AI: Revolutionizing Real Estate Pre-Sales with Cutting-Edge AI
Insomniacs, a leader in real estate marketing and technology, has launched ACX Convo AI, a groundbreaking AI-driven solution to transform the pre-sales process in the real estate industry.
UltraTech Cement Expands into Wires and Cables with ₹1800 Crore Investment
UltraTech Cement, India’s leading cement manufacturer, is set to enter the wires and cables market with an investment of ₹1800 crore, aiming to commence operations by December 2026. The move is part of the company’s broader strategy to expand its presence