With growth of opportunities and investments in the real estate sector in India, the Firm's lawyers have, over the years, advised on increasingly diverse and complex matters in the real estate sector. In the process, the Firm's lawyers have acquired a thorough understanding of various aspects of the legal and commercial practices pertaining to the real estate sector.
The Firm's lawyers have the experience of advising various participants in the real estate sector, including real estate developers, financial institution, fund, lessors, lessees and buyers.
One of the Firm's partners has assisted the Ministry of Housing and Urban Affairs in drafting the Real Estate (Regulation and Development) Bill and has also been nominated as a member of core committee setup by the Ministry of Housing and Urban Affairs for preparation of subordinate legislation under the Real Estate (Regulation & Development) Act, 2016 (RERA).
Advice is provided, amongst others, in the following areas:
Phoenix Legal has been able to handle complex transactions and provide structured solutions with ease.
– Chambers and Partners
Turnaround time of the team, deeper analysis and opinion is valuable.
– Legal500 2022
The firm is able to provide sufficient partner time for each mandate,’ and ’able to find solutions and achieve closure on sticky issues in the structured real estate debt space.
– Indian Law Firm Awards 2019
The practice is further characterised as a "strong, big, well-networked team" which can also be recommended on account of its "good, lean and efficient organisation."
– Chambers and Partners 2018
Sources highly appreciate the team's high standard of work, one stating: "They are crisp in action because they do their homework before we meet them, they are ready to burn the midnight oil and they deliver on time." The practice is further characterised as a "strong, big, well-networked team" which can also be recommended on account of its "good, lean and efficient organisation."
– Chambers and Partners 2018