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In brief: JSA, NDA on 165 crore PE township dev'

Nishith Desai Associates and J Sagar Associates (JSA) have acted for Orbit Corporation and the investors respectively in a Rs 165 crore private equity (PE) investment in Orbit for a township development.   

JSA represented the investors IL&FS Trust, IIRF India Realty X, and Moltana Holdings.

Senior associate Vyapak Desai of Nishith Desai Associates advised the real estate developers Orbit Corporation in that will fund a township project in Mandwa region of the Mumbai Metropolitan Area.

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