Amarchand Mangaldas advised Shoden Developers Private Limited, part of the renowned House of Hiranandani Group (“Developer”), on acquiring development rights to the property admeasuring approximately 9.5 Acres situated at Chembur, Mumbai from Maitri Park Co-operative Housing Society Limited (“Society”), consisting of more than 200 members, and the erstwhile developer. The Developer intends to develop a premium residential project on the land.
The transaction team was led by Bhoumick Vaidya, Partner; and Harshini Kotecha; Senior Associate.
About Shardul Amarchand Mangaldas & Co:
Shardul Amarchand Mangaldas & Co., founded on a century of legal achievements, is one of India’s leading full-service law firms. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation, and collaboration. SAM & Co. is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & bankruptcy, dispute resolution, international commercial arbitration, capital markets, banking & finance, tax, intellectual property, data protection and data privacy, technology law and projects & infrastructure.
The Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 815 lawyers including 164 Partners, offering legal services through its offices at New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.
