Deal Corner
September 01, 2011
IndiaReit Domestic Fund Scheme IV has signed an investment agreement

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.


Disclaimer

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Deal Corner

September 01, 2011

IndiaReit Domestic Fund Scheme IV has signed an investment agreement

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.


Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.