25 Oct 2025

"Embassy Group Sells Subsidiary for $40 Million with CMS IndusLaw's Guidance"

"Embassy Group has sold its wholly owned subsidiary, which develops industrial parks in Tamil Nadu, to Prologis and House of Hiranandani for approximately $40 million. CMS INDUSLAW provided legal advice for the transaction, with teams from both Mumbai and Chennai involved."

CMS INDUSLAW advised Embassy Group on the sale of its wholly owned subsidiary to Prologis and House of Hiranandani for approximately $40 million. The transaction involves the subsidiary, which is engaged in the business of developing industrial parks in Tamil Nadu, India. The CMS INDUSLAW Mumbai team included Revathy Muralidharan (Partner), Anurag Prasad (Senior Associate), and Aryan Mohindroo (Associate). The Chennai team comprised Vivekanand G (Partner) and Varuni Mohan (Partner), who provided advice on real estate and approval-related aspects of the transaction.
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