Kanga & Co Advised The Gore Family On The Transfer Of Development Rights Of ‘Taj Villa’, Mumbai

Kanga & Co Advised The Gore Family On The Transfer Of Development Rights Of ‘Taj Villa’, Mumbai

Kanga & Co advised the Gore family on the transfer of development rights of the iconic colonial-era property, ‘Taj Villa,’ located on Carter Road, Bandra West, Mumbai, to JSW Realty. The property, spanning approximately half an acre, has been held by the Gore family for several years.

As part of the agreement, JSW Realty plans to restore and redevelop Taj Villa while constructing a modern 14-storey residential tower. The Gore family will receive residential units in the newly constructed building.

Taj Villa, originally built in the 1930s, has been the subject of redevelopment discussions for several years. In January 2022, reports indicated negotiations involving businessman Tariq Gore and Fortune Builders, but the current transaction formalizes the property's redevelopment under JSW Realty.

The Kanga & Co team was led by Ashir Amin (Senior Partner), with support from Kunal Vaidya (Partner) and Gaurav Kotwani (Associate).

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