Deal Brief: IndiaReit Domestic Fund Scheme IV, (“IndiaReit”), has signed an investment agreement to invest a sum of Rs. 200 crores (approx. USD 45 million) in a slum rehabilitation project to be developed by Omkar Realtors and Developers Private Limited (“Omkar”). Omkar is a private limited company in India engaged in the business of real estate construction and development. Our Role: We, at Nishith Desai Associates, acted as Indian legal and tax counsel to IndiaReit for this investment. |
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