J. Sagar Associates (JSA) advised Shriprop Properties Private Limited (“SPPL”) and its promoters in a private equity investment of around INR 1,800,000,000 (Rupees One Billion Eight Hundred Million) in SPPL by the Mitsubishi Corporation’s real estate investment arm, DRI India Co. Ltd.
SPPL, a Shriram Properties group company, is engaged in the development of an ongoing residential project in Chennai titled Shriram Park 63 comprising 1,450 apartments and is being developed on land situated on the GST Road in Chennai.
The JSA team comprised of Partners – Gerald Manoharan and Mary Julie John and Associate –Soorya Pradeep.
Gerald (Jerry) has over 20 years of experience as a corporate commercial lawyer and has worked with several clients on diverse matters, including investments, corporate advisory, restructuring, mergers and acquisitions, contracting, dispute advisory and real estate.