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AZB acts for Reliance Industries on $314m SEZ Navi Mumbai lease

Reliance Industries Thursday said it has leased 4,000 acres of land from Navi Mumbai SEZ (NMSEZ) for an initial payment of Rs 2,180 crore to develop a global economic hub. NMSEZ, as part of a tender process was allotted this land in 2006 to develop a world class SEZ.
The Economic Times

AZB & Partners advised Reliance Industries Limited (“RIL”) led by a team of partners Zia Mody, Ashwath Rau, Prerak Ved and Nohid Nooreyezdan, and associates John Adwet Raghav, Ruchit Parikh, Muffaddal Bohra, Sushim Aryan, Siddhartha Das and Saamir Askari.


Deal value: $314m / INR 21800m

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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