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JSA, BMR act on Superior, HDFC’s $10m investment in Bangalore-Whitefield gated community

J Sagar Associates (JSA) advised Singapore-based Superior Investments and HDFC Investment Trust II on their investment of Rs 60 crores ($9.7m) in Sterling Gated Community for the development of a residential project in Whitefield, Bangalore. Sterling was advised by BMR Advisors.

JSA Bangalore partners Vivek Chandy and Raj Ramachandran, senior associate Asok Chacka Thomas and associates KZ Kurian and Shefali Rajput acted for the investors.

BMR advisors partner Abhishek Goenka and associate director Krishna Prasad acted for Sterling.

As part of the transaction, JSA advised the landowner, SUDPL, about the execution of a joint development agreement in favour of SGCPL, reported the Hindu Businessline.

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