Deal Corners

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Deal Corner January 01, 2009

INDIAREIT Domestic Fund - Scheme I infused Rs. 17.1 crores in Samira Getaways Private Limited

Deal Brief

INDIAREIT Domestic Fund - Scheme I, a real estate private equity fund, in an investment deal of Rs. 33.58 crores, infused Rs. 17.1 crores in Samira Getaways Private Limited, a joint venture with Samira Constructions Limited for the development of 41 acres (approx) of land in Mumbai and Alibagh.

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We, at Nishith Desai Associates, acted as legal counsel to INDIAREIT Fund - Scheme I for this investment.

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