Rishiraj Prasad Bhatt

Partner

people

Rishiraj has 18 years of experience in advising corporates, real estate developers, investors, funds, banks and UHNWIs in some of the most complex and high-value real estate transactions including in relation to acquisition, sale, assignment and leasing of large tracts of non-agricultural and agricultural land parcels, plots leased out by the Government and statutory authorities, Information Technology parks/ spaces, Data Centres, office buildings/ spaces, factories, malls, hotels and high-end residential properties, development/ redevelopment projects and advising on real estate laws including RERA.

membership

Qualifications

  • 2005 B.S. L., LLB., ILS Law College, Pune University
expertise

Expertise

Practice Areas

  • Real Estate

Relevant experience

  • Represented a textile mill company and a well-known real estate developer in one of the largest textile mill sale transactions in Mumbai, involving a three-stage bid process and several regulatory compliances including obtainment of the permission from the Monitoring Committee, MCGM;
  • Represented a large real estate developer in acquisition of development rights of a large land parcel located at Tardeo, South Mumbai, having development potential of more than 5,00,000 sq. feet;
  • Represented a listed company in sale of land parcels admeasuring over 150 acres in Thane District involving several regulatory compliances including obtainment of the permissions from the Competent Authority (Urban Land Ceiling), the Labour Commissioner and the Collector;
  • Represented a listed company in transfer of a 5 Star Hotel located in Mumbai;
  • Represented a well-known real estate developer in assignment of development rights of land parcels admeasuring over 120 acres located in Thane District involving various regulatory issues pertaining to Coastal Regulation Zone, public reservations, layout compliances, etc.;
  • Represented corporates in acquisition/ assignment of MIDC leasehold plots;
  • Represented a leading shopping mall group in purchase of a large land parcel located in Indore along with the partially constructed shopping mall standing thereon, from a Consortium of Banks under the provisions of the SARFAESI Act;
  • Advised and assisted a subsidiary of a listed company in purchase of a large factory land located in Kolkata along with the structures standing thereon, involving various regulatory issues;
  • Advised and assisted real estate developers in preparation and finalisation of the formats of Allotment Letters, Agreements for Sale, Declarations and bye-laws for formation of Condominiums for residential and commercial buildings and Deeds of Apartment;
  • Represented investors in purchase and leasing of large office spaces in several prominent commercial/ I. T. buildings located in Mumbai including in One BKC, Godrej BKC, The Capital, Parinee Crescenzo, Kalpataru Square, Leela Business Park, Raheja Titanium, Times Square, etc.;
  • Represented an ultra-high-net-worth individual in acquisition of one of the most expensive bungalows located in South Mumbai and several ultra-high-net-worth individuals in purchase of apartments in luxurious residential buildings located in Mumbai including in Artesia, Four Seasons Private Residences Mumbai, Indiabulls Blu, One Altamont, The One (Pali Hill),  Bishopsgate; Ashford Pallazo, etc.

*Experience listed below is that of the Partner before he joined the Firm.

Awards & Recognition

  • Ranked in Chambers and Partners.
  • ‘Recommended Lawyer’ in Legal 500.
  • Recognised in Indian Law Firm Awards, IBLJ.

Memberships

  • Bar Council of Maharashtra and Goa, India

Qualifications

  • 2005 B.S. L., LLB., ILS Law College, Pune University
expertise

Expertise

Practice Areas

  • Real Estate