Piramal Enterprises Limited and Ivanhoe Cambridge have announced an equity investment of Rs 500 crore for development of Palava, a smart city being developed by Lodha Group, located in the Mumbai Metropolitan Region.

— Moneycontrol

Veritas Legal advised Lodha Developers Limited led by a team of partner Nandish Vyas, partner Vineet Nalawalla, associate Devesh Saboo.

Also advising was Shardul Amarchand Mangaldas.

Update 30 May 2019: AZB & Partners advised Ivanhoe Cambridge led by a team of partners Sai Krishna Bharathan, Monika Bhonsale, and associates Atreya Bhattacharya, Amitesh Bhattacharya, Ruchit Parikh.

2018-11-28

Deal value: Rupees 500 crores

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