Real Estate

We provide legal services for a whole range of property transactions. Our services include title investigation - tracing of title of predecessors in title for at the least last 14 years, advice on structuring and negotiations for purchase, sale and/or development of residential, commercial projects, industrial units and townships.

Our practice primarily focuses on:

• Joint Venture Development;
• Development of Integrated Townships, industrial & commercial establishments, IT parks;
• Development and promotion of Real Estate;
• Lease and Sale Documentation;
• Title Investigation;
• Advice on Setting up Venture Capital Funds.

Our Firm advises and renders opinions on property related issues including commercial negotiations, extensive due diligence of real property and preparation of title report. We advise on rectification and perfection of title and possession of title deeds, drafting/vetting of Joint Development Agreements, Agreement for Sale, Sale Deeds, Agreement for Lease and Lease Deed. We also assist with the discussions leading to the finalization of instruments, advice on stamp duty implications and registration of such instruments, if necessary. The Firm is fairly equipped and active and has established practice that has advised a large number of MNCs on Real Estate requirements in India.

With the recent government initiative of allowing foreign participation in infrastructure development, this area is witnessing a major growth and displays high potential in future. We specialize in advising companies on infrastructure development projects. More specifically, we assist with the following:

• Advising on legal and regulatory framework;
• Advising on license and other related issues;
• Drafting / reviewing license/service agreements regulatory issues;
• Reviewing, drafting BOOT, BOT and other project specific Contracts.

Our practice has included advising clients on several transactions including:

• Promoters, developers and the co-operative housing societies on the structure of the transactions involving joint ventures in land development, exploitation of balance FSI and utilization of TDR, including Slum TDR etc.;
• Participating in negotiations, drafting various documents viz. Development Agreements, Agreement for Sale, Deed of Lease, Leave and License, Conveyance Deed, Power of Attorney, Will, Indemnity Bonds, Agreement for Alternate Accommodation etc.;
• Off-shore realty funds to invest in a joint venture in India for the purpose of constructing an integrated township;
• Advising on setting up a Venture Capital Fund for investment in real estate (pending approval by SEBI for setting up Real Estate Mutual Funds or Real Estate Investment Trusts (REIT) in India);
• Handling negotiations with government land lessors such as SIPCOT , execution of agreements and closing of purchase- sell transactions for factories and industries.

For more information, please contact us at info@chugh.com