Alfavision Overseas Appoints Legal Counsel for ₹2,000 Cr Project
Alfavision Overseas (India) Limited has appointed Wadia Ghandy & Co., Advocates & Solicitors, as its legal counsel for a proposed development project. This project involves the development of approximately 220 acres in Sehore, Madhya Pradesh, with an estimated Gross Development Value (GDV) potential of over INR 2,000 Crores. The collaboration is with Della Resorts & Adventure Private Limited. The legal counsel will assist in preparing, discussing, and finalizing the collaboration agreement and provide advisory services for the integrated real estate, hospitality, and leisure development. This appointment is a step towards documentation and legal structuring, with the project still subject to due diligence, negotiations, definitive agreements, and necessary approvals.
Key Highlights
- Legal counsel appointed for a major development project.
- Project has an estimated GDV potential exceeding INR 2,000 Crores.
- Collaboration is with Della Resorts & Adventure Private Limited.
- Appointment is for legal advisory and documentation purposes.
- Project completion is contingent on due diligence and approvals.
Price Impact
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