Real Estate practice driven by a dedicated team of professionals. The Firm dedicates itself to providing comprehensive due diligence and title verification legal services of property stocks on pan India basis on the touchstone of providing the most accurate and comprehensive evaluation which is critical, expedient and indispensable for evaluation, investment and transactions. The Firm has imbibed and nurtured a comprehensive and diligent understanding of multi State issues and local laws / enactments and renders advice on property due diligence (entailing title verification, encumbrance search, contiguity of lands, land ceiling, permissive land use, construction development, review from the perspective of property) pertaining to ownership and occupancy, leasing, stamping and registration of documents, zoning and permitted usage of the properties, vital aspects regulating construction and development emanating from locational proximity to protected monuments, forest and sanctuaries, coastal regulated zones and issues such as land ceiling, non-transferable lands, lands affected by negative covenants, regulatory and approval issues in the multi-State scenario in India.
The Firm’s impeccable and proficient standards in real estate field transcends structuring of complex transactions, capital generation mechanism, joint development agreements and joint ventures from a 360º perspective. The Firm has extensive experience in advising on FDI and foreign investments, capital generation through IPO or other mechanisms, Private Equity, Venture Capital, listing on stock markets, REITS etc. The spectrum in which the Firm renders service in this area of practice includes projects such as Information Technology Parks, Integrated Townships, Commercial Complexes/ Centres, Hotels, Resorts, Multiplex Entertainment Centres, Golf Courses, Industrial estates and sheds, Special Economic Zones, Warehousing and Logistics, Agricultural lands and farm houses, Slum Developments, Rehabilitation Projects etc. The Firm has also advised clients on various infrastructure projects pertaining to power, ports, toll bridges and highways.
The Firm is a definitive single point destination for all legal services pertaining to real estate.
Partners are well-versed with the Laws and Regulations governing the Real Estate sector including FDI in Real Estate. The Firm has advised and rendered comprehensive assistance in documentation of investments and collaboration in real estate development projects. SnS has handled due diligence of projects all over India for private equity players, offshore lenders, banks and investors, and is well-conversant with the local laws of the state where such acquisitions have taken place. The Real Estate practice renders complete hand-holding for projects relating to Township Development, Commercial Projects, Special Economic Zones (SEZs), Information Technology (IT), Entertainment, Hospitality and Infrastructure Projects.
In addition to it’s branch network, SnS has associates all over India, thus enabling it to make investigations and enquiries from the grass-root level and to micro-manage real estate issues of large developments, particularly in infrastructure and township developments. The Firm has to its credit several large real estate projects where it has handled definitive documentation as well as due diligence for FDI and domestic instruments in residential and commercial developments, including statutory compliance, particularly under the Foreign Exchange Management Act (FEMA).