Planet Holding Ltd. investment in Life Republic advised by DSK Legal

Planet Holding Ltd. investment in Life Republic advised by DSK Legal

DSK Legal advised Planet Holding Ltd., UK, in relation to its investment (through different classes of shares) in Phase 2/second leg of development and monetization of land admeasuring approx. 19,963.53 square meters in the sector identified as R10 located in Pune within the Township Project, named Life Republic of Kolte-Patil Developers Limited.

Planet Holding Ltd. is a UK based real estate developer with global presence, specializing in development of smart housing projects. The deal closed earlier this year.

DSK Legal assisted Planet Holding Ltd. in structuring of Phase-2, drafting, reviewing and negotiating of all transaction documents (primarily share subscription agreement, shareholders' agreement and joint development agreement and certain other ancillary agreements) and closing.

In April 2020, Planet Holding Ltd. had invested in Phase 1/first leg of development and monetization of land in R10 – where DSK Legal had assisted in the transaction.

DSK team: (i) Corporate - Aninda Pal, Partner and Sunayana Bose, Principal Associate, and (ii) Real estate - Sagar Kadam. Anjan Dasgupta, Partner, acted as the relationship partner.