LegaLogic Advises Paranjape group on 1.8-million sq-ft BlueRidge Phase III, Pune sale to Ascendas


LegaLogic advised Paranjape group (Nalanda Shelter Private Limited and Brickmix Developers Private Limited) in a transaction for sale of 1.80 million square feet project in IT-focused special economic zone BlueRidge Phase III in Pune’s Hinjewadi area, to Ascendas India Trust.

Nalanda Shelter and Brickmix Developers are the sister concerns of Paranjape Schemes Construction Limited.

LegaLogic was the sole legal counsel for Nalanda Shelter and Brickmix Developers and advised on structuring on the deal, negotiating and finalising the deal documentation.

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