Deal Closed | Prozone Group l Redevelopment Project

Prozone Group and its affiliates acquired a 50% stake in a real estate project being developed by the Paradigm Group, a renowned real estate group based in Mumbai. The deal value was INR 1 billion.The project is a redevelopment project governed by Slum Rehabilitation Authority (“SRA”), Mumbai. The transaction also involves providing an exit to one of the existing partners in the project.

Economic Laws Practice advised Prozone Group led by a team of Associate Partner,  Manendra Singh and Associate Manager, Hitesh Agrawal.