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Sare Gurugram Private Limited (SGPL) - JDA with Prestige Estates Projects Limited

  • 02-Apr-2026

Khaitan & Co Advised Sare Gurugram Pvt Ltd (“SGPL”)—acquired by a consortium led by KGK Realty (India) Ltd through EKA Life Limited and Dhoot Infrastructure Projects Ltd via an approved resolution plan under the Insolvency and Bankruptcy Code (“IBC”) on a joint development agreement (“JDA”) with Prestige Estates Projects Ltd. The JDA covers a 17.212-acre land parcel in Sector 92, Gurugram, for a development with ~3 million sq. ft. saleable area and an estimated Gross Development Value (GDV) of ₹4,200 crore.

Deal Team

Sare Gurugram

The core team consisted of Mohit Kishore (Partner), Nilesh Chaudhary (Counsel) and Shikha Mohini (Senior Associate)

Strategic Guidance

Banking & Finance: Dr. Siddharth Srivastava (Partner)

Real Estate: Avnish Sharma (Partner)

Expertise

Banking and Finance
Real Estate

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