Real Estate

The Team

The firm’s leading Real Estate team across its offices provide comprehensive services to its client. The firm’s team with its expertise in the practice area also in collaboration with the key sectors such as Automotive, Aviation, Education, Entertainment, Food & Drug, Foreign Direct Investment, Healthcare, Hospitality, Infrastructure, Information Technology, Manufacturing, MSME-Micro, Small & Medium Enterprises, Pharmaceuticals, Projects & Energy, Retail, Startups and Tourism.

Our Practice

The Real Estate sector in India comprises four sub sectors – housing, retail, hospitality, and commercial. There has been exponential growth in this sector as there is significant growth in all the four sub-sector Real Estate sector has direct, indirect and induced effects in all sectors of the economy.

We act for developers, property purchasers and sellers, and real estate financiers and assist on real estate transactions, including the purchase and sale of residential properties, agricultural land, change of land use, construction approvals and foreign investments in commercial, industrial and residential real estate.

We advise on a gamut of real estate transactions, such as leasing and property sales, development agreements, assignment , licensing, sale and applicable taxes and duties, and development control regulations, buildings rules and bye-laws as well as zonal regulations relating to SEZ, STPs, hotels and townships.

We also conduct title due diligence, drafting and negotiating conveyance deeds, leases and licences for companies as well as private clients.

Curare Legal has developed requisite expertise in conducting Due-Diligence and Title examination and verification of properties for its clients across India. Comprehensive evaluation, in depth analysis, detailed examination of the property in coordination with other professionals to provide a comprehensive report to its clients and also assists its clients in gauging the suitability of the investment. The firm examines the local laws, restrictions, regulations, incidents like duty, stamp fees and expenses. The firms also provides consultancy services in approvals, clearances for Real Estate Investment across India. With State/Local/Municipal Laws being in force the firm advises in ensuring compliance to the same. Master plans, Zonal Planes and local plans require in-depth analysis and understanding is provided to its clients.

Since many states provide for regulations and restrictions on sale/leasing and also on permitted/restricted land use, land ceiling, coastal regulated zone land use, restriction around protected monuments, it becomes important to ensure that the entity investing in the state stands in compliance with the same.

Real Estate being a critical sector also has investments through Joint Ventures, Foreign Direct Investment and investment in Real Estate sector through Capital generation from Domestic and International market.

We also act on behalf of clients on special purpose vehicles, joint ventures, private equity investments and real estate finance as well advise on tax efficient practices. With the change in the regulatory environment in India, we also handle compliances and dispute resolution under RERA and the registration of projects with the Real Estate Regulatory Authority.

In coordination with the Dispute Resolution team, the firm handles arbitration and litigation in Civil Courts, District Courts, Consumer Forums including NCDRC, State Consumer Commissions, District Forums, RERA, all High Courts and Supreme Court relating to gamut of Real Estate matters.