Real Estate Practice
The Real Estate Team at Algo Legal, with an experience of over 14 years, has worked on real estate transactions in the residential, commercial and institutional segments across more than 16 states in India and has undertaken transactions both in an advisory role as well as structuring, documentation and implementation for setting up residential and commercial projects for numerous real estate companies/institutions across the country along with five star and four star hotels, resorts and service apartment projects, both for owners and operations and operators in several locations across India.
The Team has worked on Real Estate and Infrastructure Transactions both from the transactional, acquisition, advisory and disputes perspective in relation to property, succession, sale, lease, mortgage, joint development transactions, collaborations, development contract and damage claims. With a diverse experience, expanding over various facets of Real Estate and Property Law, the Team has a comprehensive understanding of various state issues and local laws/enactments and has advised real estate developers, companies, investors and individuals on various aspects of land acquisition to construction and development projects and real estate/commercial legal advisory to various companies for commercial/office workspaces, retail outlets, schools, SEZ, IT Parks, co-working spaces, alongwith drafting and vetting the requisite documentation. The Real Estate Team provides end to end services from the preliminary stages of the project of acquisition through the entire life cycles of the project, including post completion support relating to customer related issues, compliances, disputes, etc. The Team has also rendered advice in property and transactional due diligence which includes title verification, encumbrances search, contiguity of lands, land ceiling, permissive land use, construction development, RERA compliances, zoning and permitted usage of the properties, restriction on non-transferable lands, lands affected by negative covenants, regulatory and approval issues.
How we help
- We provide all-encompassing real estate services from start to finish, including transactional negotiations, documentation, statutory compliances and various aspects of project implementation including pre-launch advisory services, due diligence, drafting of Allotment Letters, Buyers Agreements, Maintenance Agreements, Conveyance Deeds, etc., Legal support to the Customer Relations/Sales Team through project life cycles and Advisory and Legal Supports on Project approval, licensing and sanctions, etc.
Do you provide drafting services for documents for a Real Estate Project, whether commercial, residential or otherwise?
Our Team is equipped to provide end-to-end services to all its Clients, including pre-launch advisory services and drafting of all necessary documents from Allotment Letters to Conveyance Deed, ensuring statutory compliances and protection of the interest of our Client. Our Team is also equipped in providing post completion support.
Do you represent other institutional and real estate projects such as hotels, mega-projects, institutional projects, etc.?
Our Team has extensive experience in representing various global and domestic players in acquiring and setting up mega projects including but not limited hotels (five star, four star, etc.), institutional projects, such as socio-cultural institutional centres etc. Our Team provides advisory, due diligence and transactional support and provides unique solutions to each of its clients.
Do you support commercial leasing and tenants in dispute over their lease?
Our leasing practice includes commercial/office workspace, retail outlets, hospitality, warehousing, special economic zone projects, IT Parks, co-working spaces.
With our cost effective, practical and risk mitigating approach, we have also resolved disputes pertaining to commercial leases and the pre-litigation stage itself.
I need help with the RERA registration of a Project?
Our Team also advises various developers, investors and financing institutions in relation to compliances under RERA, across different states in India.