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22 Aug 2026

Economic Laws Practice Advises Birla Estates on Redevelopment of Shiv-Sai Co-operative Housing Society

"Economic Laws Practice advised Birla Estates on the joint redevelopment by Birla Estates and an affiliate of the Priyanka Group of Shiv‑Sai Co‑operative Housing Society (486 premises on 3.06 acres in Vashi, Navi Mumbai), a project with approximately ₹2,600 crore revenue potential."

Economic Laws Practice advised Birla Estates on the redevelopment of Shiv-Sai Co-operative Housing Society Limited, a project being undertaken jointly by Birla Estates and an affiliate of the Priyanka Group. The redevelopment concerns 486 premises situated on a 3.06-acre land parcel in Vashi, Navi Mumbai. The project has an estimated total revenue potential of approximately ₹2,600 crores. Economic Laws Practice advised Birla Estates on the structuring, drafting, negotiation, finalization and execution of the definitive agreements governing the redevelopment. Economic Laws Practice represented Birla Estates with a team composed by: Anshuman Jagtap (Partner), Preksha Kanungo (Associate Partner) and Akshaan Kanuga (Senior Associate). The title due diligence team comprised Rajendra Bothre (Principal Associate) and Salon Stephen Lopez (Associate).
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