JSA advised and assisted M/s. Sapthrishi Buildcon LLP, part of hotelier Vikram Agarwal’s group entity in connection with acquisition of the landmark property known as ‘Clarion Hotel President’ from M/s. Ariff & Co. JSA provided support to the client on structure and documentation in connection with the ongoing SARFAESI proceedings, as well as the acquisition documents, facilitating acquisition of the property and simultaneously discharging the liabilities.
This property is situated in the central business district of Chennai, and is intended to be developed into a luxury residential project by ASTA properties.
Our Transaction Team Comprised Lead Partner – Varun Sriram, Partner – Aravind Raj, Associates – Nithyashree Venkatesh, Aishwarya Venkatesh, Priyanka Ponna.
Aravind is a seasoned real estate law practitioner. His focus areas involve real-estate acquisitions, infrastructure projects, joint developments, and lease advisory.