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Khaitan & Co. advises Emerald Haven Realty Limited

Khaitan & Co. advises Emerald Haven Realty Limited

Khaitan & Co. advised Emerald Haven Realty Limited, the real estate venture of the TVS Group, (Emerald Haven) in relation to formation of a co-investment platform of INR 400 crores with ASK Property Investment Advisors Private Limited (ASK Property)

The platform will focus on making investments into residential projects in Bengaluru and Chennai. Simultaneous with the entering into the co-investment arrangement, Emerald Haven and ASK Property made their first co-investment in the Chennai based Emerald Haven Realty Developers (Paraniputhur) Private Limited Platform of INR 400 crores (USD 62 million approximately

The core transaction team comprised of Kartick Maheshwari (Partner), Divaspati Singh (Associate Partner) and Vidushi Gupta (Senior Associate)

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