Cyril Amarchand Mangaldas advised International Finance Corporation on strategic housing investment
The leading law firm in India, Cyril Amarchand Mangaldas advised International Finance Corporation (IFC) on its investment in housing projects to be developed and constructed by TVS Emerald Limited through its subsidiaries.
The investment forms part of IFC’s continued commitment to supporting affordable and sustainable housing development in India and is aimed at strengthening the residential real estate sector through long-term capital infusion.
Cyril Amarchand Mangaldas provided comprehensive legal advisory services in relation to the transaction, including structuring, documentation, regulatory advice, and due diligence support.
The CAM transaction team was led by Ravindra Bandhakavi (Senior Partner), Srabanee Ghosh (Partner), and Poornima Singh (Partner), with support from Sudarshan Srikanth (Senior Associate), Shreya Shenolikar (Senior Associate), Raghuvansh Seth (Associate), Anhad Mehta (Associate), and Srilagna Dash (Associate).
The CAM team handling debt documentation and regulatory aspects was led by Pranav Sharma (Partner) and Sugandha Asthana (Partner), with assistance from Aditi Bagri (Director – Banking & Finance), and Drasti Jain (Associate), Haryashwa Thakore (Associate), Hetav Dave (Associate), and Princy Dsouza (Associate). This team advised on the drafting, negotiation, and finalisation of the debenture trust deed and related documentation, as well as debt regulatory matters and closing processes.
The CAM real estate diligence team was led by Harsha Sudhindra (Partner), with support from Kripa Sankari (Principal Associate), Solomon Sone (Associate), and Sruthi Ramesh (Associate), who conducted due diligence on land parcels for the Bangalore and Chennai projects.
Click to know more about Cyril Amarchand Mangaldas
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at [email protected] or call us on +91 8879634922.