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Veritas, SAM, AZB act on $71m Piramal investment into Lodha Mumbai Palava smart city project

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.


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.


Deal value: Rupees 500 crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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