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Deal Corner

House of Abhinandan Lodha

House of Abhinandan Lodha

The Firm has recently advised House of Abhinandan Lodha in respect of setting up and funding an INR 15 billion (USD 180 million) joint venture with HDFC Capital Affordable Real Estate Fund, the real estate private equity arm of HDFC Group towards the development of new generation low-rise residential projects in India.

The investment will result in a Gross Development Value of INR 4,500 crores. The transaction involves issuance of debentures by the JV to the Investor in one or more tranches against infusion of the investment amount.

PIYUSH MISHRA SHIVANI SINHA

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