![Birla Estates](http://media.assettype.com/barandbench%2F2024-01%2Fa6c787e9-e045-4c59-b504-f4b5b6977250%2FBirla_Estates.jpg?rect=0%2C49%2C1280%2C720&w=480&auto=format%2Ccompress&fit=max)
Birla Estates Private Limited has acquired development rights on a prime land parcel owned by Barmalt India Private Limited in an upscale area of Gurugram.
This landmark transaction involves a land parcel spanning 13.27 acres, with a development potential of approximately 2.4 million square feet, set for development of a premium residential group housing project, which will potentially offer a revenue of ₹5,000 Crore.
Emerald Law Offices advised Birla Estates by rendering end-to-end legal support for this significant acquisition.
The transaction team was led by Sachit Mathur (Managing Partner) along with Ajay Bhadu (Partner) and Astha Singh Trehan (Partner).
DSK Legal represented Barmalt India in this transaction.
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