HSA Advocates advises Piramal Finance on ₹266 crore financing for Solitaire VTP Group’s residential projects in Pune
Piramal Finance Limited has sanctioned two construction financing transactions aggregating ₹266 crore to ASOJ Realty LLP and Mexus Real Estate Developers LLP, entities forming part of the Solitaire VTP Group, for the construction and development of residential projects in Pune. The transactions were structured on a cross-collateralised basis, with the underlying project assets and related security interests supporting the obligations of the Borrowers. HSA Advocates advised Piramal Finance across the principal legal workstreams, with The Firm's Real Estate, Banking & Finance and Corporate teams working together on the transactions. The transactions involved coordinated assessment of title,…
SectorInfrastructure
Value₹266 cr
Sources
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