IFLR1000

Jawala Real Estate Re9 billion financing

20/2/2016
Real estate finance
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Re 9 billion

$ 139 million

Completed

20/2/2016

Overview:

  • Jawala Real Estate has taken out a Re9 billion revolving credit facility.
  • Bank of Baroda led the consortium of lenders on the deal.
  • The financing is connected to the development of Tower No 1 (Allura) and Tower No 3 (Marquise) of the residential project known as ‘The Park’ in Lower Parel, Mumbai.
  • Jawala Real Estate is a subsidiary of the Lodha Group.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Real estate finance

Practice area:

Real estate finance

Governing law:

India

Industry sector:

Real estate

Firm:
Khaitan & Co

Party: Bank of Baroda (Lender)

Lawyer: Kumar Saurabh Singh

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