J. Sagar Associates advised the Lodha Group, a Mumbai based Real Estate developer, in its 100% acquisition of Jawala Real Estate Private Limited – a DLF Group entity – for an aggregate consideration of Rs. 2,727 crores. This transaction is said to be India’s largest ever private sector land deal yet.

The primary asset owned by Jawala is a vacant parcel of land situated at Lower Parel, Mumbai, which the Lodha Group proposes to develop into a flagship residential complex.

The JSA team comprised of Partners Berjis Desai and Varghese Thomas along with Senior Associates Jamshed Bhumgara and Soumitra Majumdar.