NDA, ELP aid Max in hospital agreement with VR Konkan

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Nishith Desai Associates (NDA) and Economic Laws Practice (ELP) acted for Max Healthcare Institute, a leading healthcare provider, in its agreements with VR Konkan to establish a 500-bed multi-speciality hospital in Thane, Mumbai.

The project follows a built-to-suit and lease model. The deal value remains undisclosed.

NDA advised Max on the transaction, with the deal team led by co-head of private equity and M&A, Harshita Srivastava, and transaction attorney Anurag Shah.

ELP acted as transaction adviser to Max Healthcare Institute, conducting comprehensive title due diligence on a larger land parcel owned by VR Konkan. The deal team was led by partner Heena Chheda ably assisted by senior associates Shweta Iyengar and Yash Modi.

ELP played a key role in structuring the deal and identifying obligations, risks and liabilities.

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