Ahtesham M. Khatri is a Counsel with the Real Estate Practice at Stratage Law Partners. He has over 18 years of experience, advising clients on real estate transactions, structuring, stamp duty and registration matters pertaining to immovable property and real estate dispute resolution.
He has advised clients across full spectrum of a real estate transaction ranging from acquisition of agricultural and non-agricultural land. His advice and assistance includes various legislations including matters pertaining to BEST Lands/MIDC Lands/MMRDA Lands /MHADA Lands /NMMC Lands /CIDCO Lands /MCGM Estate Lands and related compliance matters. He also appears before various judicial forums, including High Court, Supreme Court, Consumer Dispute Redressal Forums, RERA, High Court, Small Causes Court.
Ahtesham has specialised knowledge as to how a real estate projects are required to be structured with an eye for details. He is highly regarded by his clients and peers for his “practical advice” and “in-depth knowledge of the sector”.
Achievement
Certificate of Appreciation from the World Bank Group for a white paper on “Investing Across Borders 2010” in relation to real estate sector.
- Advised the Radius Group on a PE deal with Blackstone for ONE BKC Building in BKC, Mumbai and others.
- Advising by Blackstone Group on acquisition of Seawoods Grand Central Mall, Seawoods, Vashi.
- Advising and handling Joint Development projects including that of Special Township in Panvel, Redevelopment of societies, Joint Development Agreement pertaining to Regulation 33(7) (Tenants Redevelopment-Island city)/ Regulation 33 (9) (Cluster Redevelopment) / Regulation 33(24)(PPL) / Regulation 33(10) Slum Redevelopment) / Regulation 33 (14)(D) (Slum PTC Projects) of DCR, land under NDZ.
- Structuring transactions for many developers for acquisition of properties, redevelopment, Joint Development, Revenue Share basis, area share basis, in form of Development Management Agreement (DM Agreement), Project Management Consultant Agreement (PMC Agreement), Joint Development Agreement;
- Advising and arguing matters in respect of stamp duty valuation before the JDR, DIGR and High Court by way of Writ; Strategizing Stamp Duty related matters.
- Advising and drafting and negotiating Subvention Scheme documents for Developer with Banks and Financial institutions.
- Drafting and negotiating over more than 550+ Leave and License Agreement with MNC; International Banks like Bank of China, Netflix, Facebook, Bank of America, Trafigura, Indus Club, F-45 (Gym), National Bank of AbuDhabi, Deutsche Bank, etc. PFIZER, GLENMARK, MSD, Restaurants like Good wives, Theobroma, Olive Group, Socials, Starbuck, Paninnaro, Di Bella, Tea Villa Café, Wok in the Box, Tea Trails, Ferrari, Skoda, GIA, VISA, INOX, BIG BAZAAR, CARNIVAL Theatres, etc.
- Advising and Structuring the acquisition and title investigation of properties for Anand Rathi Financial Services Private Limited in Private IT Parks in Pune and Mumbai for IT/ITES/ IT support services as well as for commercial use as and by way of investment.*Also includes experience prior to being associated with Stratage Law Partners.
Real Estate
M.Com and LL.M. from University of Mumbai.
A qualified Solicitor from Bombay Incorporated Law Society.
Member of Bar Council for Maharashtra & Goa.
English, Hindi, Gujarati