J. Sagar Associates (JSA) advised & assisted, Scheme Residential Opportunities Fund – I of Real Estate Opportunities Trust, a Real Estate fund for which Jones Lang Lasalle Investment Advisors Private Limited are the Investment Managers (JLL); in connection with a total investment of ` 20 crores for the development of a residential cum commercial project admeasuring approximately 1,45,000 square feet in Kovilambakkam, Chennai by Virgo Realtors Private Limited (VRPL), a group entity of Plaza Properties.

The transaction involved a corporate due diligence on VRPL; title diligence on the project property; and drafting, negotiating and finalizing the transaction documents and was completed in about 3 months.

The JSA Team comprised Partners Vivek Chandy, Vinod Kumar, Aarthi Sivanandh & Raj Ramachandran; Senior Associates Asok Chacko Thomas & Tamara Devanandan; Associates Lalu John Philip & Srinivasan M.D.