Cyril Amarchand Mangaldas (CAM) assists Marriott International, Inc. on its first Westin Residences project in India. Our scope of work involved (a) advising on the framework for sale of units and subsequent maintenance of common areas in applicable real estate projects across India, with a focus on projects in Haryana, (b) undertaking title investigation of the land parcels forming part of the project, and advising Marriott on related aspects from time to time on the overall structure of the project, and (c) preparing and negotiating sophisticated transaction documents relating to licensing of marks and management in connection with the proposed residences project.
The proposed project is expected to be Marriott’s largest branded residency in India and is the first to operate as a standalone residency without a hotelshowcasing Marriott’s new approach to the Indian market. The project is being developed by Whiteland Corporation Private Limited and proposed to be managed by Marriott post completion.
The Real Estate team of Cyril Amarchand Mangaldas advised on the matter. The transaction was led by Ashish Jain, Partner; with support from Devinder Kumar, Senior Consultant; Shorya Choudhary, Senior Associate; Siddharth Iyer, Senior Associate; Rohan Chugh, Associate; Yash Jain, Associate; and Shubham Mittal, Associate.
Other parties and advisors to the transaction included Whiteland Corporation Private Limited, counterparty. The transaction was signed on 4th July, 2024.
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About Cyril Amarchand Mangaldas
Cyril Amarchand Mangaldas(cam) is India’s leading law firm with a global reputation of being trusted advisers to its clients. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity and venture capital funds,start-ups, government and regulatory bodies. The Firm generalists, specialists and senior ex-regulators expertly guide clients across a spectrum of transactions, sectors and regulations. The Firm is one of the largest full-service law firm in India and offices in key business centers at Mumbai, Delhi-NCR, Bengaluru, Ahmedabad, Hyderabad, Chennai, GIFT City, Singapore and Abu Dhabi.
The Firm received “National Law Firm of the Year: India” at the IFLR Asia-Pacific Awards for the second consecutive years in 2023 and 2022 and “Innovation in Advancing Markets” award at the FT Innovative Lawyers Asia Pacific 2022 Awards. The Firm had won “India Deal Firm of the Year” at the ALB India Awards and “Firm of the Year” at the IFLR1000 India Awards in 2022.
