{"id":330258,"date":"2024-09-07T13:00:45","date_gmt":"2024-09-07T07:30:45","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=330258"},"modified":"2024-09-07T13:28:26","modified_gmt":"2024-09-07T07:58:26","slug":"cyril-amarchand-mangaldas-assists-marriott-international-inc-on-its-first-westin-residences-project-in-india","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/07\/cyril-amarchand-mangaldas-assists-marriott-international-inc-on-its-first-westin-residences-project-in-india\/","title":{"rendered":"Cyril Amarchand Mangaldas assists Marriott International, Inc. on its first Westin Residences project in India"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Cyril Amarchand Mangaldas (CAM) assists Marriott International, Inc. on its first Westin Residences project in India. Our scope of work involved (a) advising on the framework for sale of units and subsequent maintenance of common areas in applicable real estate projects across India, with a focus on projects in Haryana, (b) undertaking title investigation of the land parcels forming part of the project, and advising Marriott on related aspects from time to time on the overall structure of the project, and (c) preparing and negotiating sophisticated transaction documents relating to licensing of marks and management in connection with the proposed residences project.<\/p>\n<p style=\"margin-bottom: 3%;\">The proposed project is expected to be Marriott&#8217;s largest branded residency in India and is the first to operate as a standalone residency without a hotel showcasing Marriott&#8217;s new approach to the Indian market. The project is being developed by Whiteland Corporation Private Limited and proposed to be managed by Marriott post completion.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">The Real Estate team of<\/span> Cyril Amarchand Mangaldas advised on the matter. The transaction was led by <span style=\"font-weight: bold;\">Ashish Jain<\/span>, <span style=\"font-style: italic;\">Partner<\/span>; with support from <span style=\"font-weight: bold;\">Devinder Kumar<\/span>, <span style=\"font-style: italic;\">Senior Consultant<\/span>; <span style=\"font-weight: bold;\">Shorya Choudhary<\/span>, <span style=\"font-style: italic;\">Senior Associate<\/span>; <span style=\"font-weight: bold;\">Siddharth<\/span> <span style=\"font-weight: bold;\">Iyer<\/span>, <span style=\"font-style: italic;\">Senior Associate<\/span>; <span style=\"font-weight: bold;\">Rohan Chugh<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; <span style=\"font-weight: bold;\">Yash Jain<\/span>, <span style=\"font-style: italic;\">Associate<\/span>; and <span style=\"font-weight: bold;\">Shubham Mittal<\/span>, <span style=\"font-style: italic;\">Associate<\/span>.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Other parties and advisors to the transaction<\/span> included <span style=\"font-weight: bold;\">Whiteland Corporation Private Limited<\/span>, <span style=\"font-style: italic;\">counterparty<\/span>.<\/p>\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">The transaction was signed<\/span> on 4<span style=\"vertical-align: super;\">th<\/span> July, 2024.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><i>Cyril Amarchand Mangaldas (CAM) assists Marriott International, Inc. on its first Westin Residences project in India<\/i><\/p>\n","protected":false},"author":8808,"featured_media":330271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[68835,30960,72874,72875],"class_list":["post-330258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-cam","tag-cyril-amarchand-mangaldas","tag-marriott-international","tag-westin-residences"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cyril Amarchand Mangaldas assists Marriott International, Inc. on its first Westin Residences project in India | SCC Times<\/title>\n<meta name=\"description\" content=\"Cyril Amarchand Mangaldas (CAM) assists Marriott International, Inc. on its first Westin Residences project in India\" 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