Saloni Mody

Saloni Mody

Partner

1701, One World Centre, Floor 17, Tower 2B, 841, Senapati Bapat Marg, Mumbai – 400013, India

Key Practice Areas

  • Real Estate
  • Banking and Finance
  • Corporate and Securities

Key Sectors & Industries

  • Construction
  • Hospitality
  • Corporate Restructuring and Insolvency
  • Logistics
  • Infrastructure

Education

  • BSL-LL.B

Professional Memberships

  • The Bar Council of Maharashtra and Goa

Languages

  • English
  • Hindi
  • Marathi

Experience

Saloni is a part of the firm’s real estate practice group. She is also a member of the firm’s banking and finance, corporate commercial and M&A practice group. Her broad areas of expertise are equity and financing transactions in real estate and allied sectors including investments in residential / commercial projects, affordable housing projects, retail, townships, SEZs, information technology parks, etc.

She has advised various offshore and domestic funds as well as Indian companies on private equity, M&A, disposals, demergers, joint ventures, restructurings, corporate governance and regulatory compliance, with particular focus on FDI transactions in real estate, infrastructure, hospitality and allied sectors. Her practice is also focused on all forms of debt / mezzanine funding.

She actively advises clients on formulating, negotiating and implementing structures for private equity and financing transactions and strategic investments in real estate and allied sectors from a legal and regulatory perspective. She works closely with the portfolio companies after the initial investment throughout the lifetime of the investment, advising them on a broad range of mandates.

She graduated from the Government Law College, Mumbai in 2010.

Recent Key Assignments

  • Advised HDFC Capital Affordable Real Estate Fund – 3 in its debt investment of Rs. 1150,00,00,000/- in entities promoted by the Purvankara group by way of subscription to secured, unlisted, redeemable non-convertible debentures.
  • Advised the Prestige Group in the implementation of a resolution plan for taking over a housing project in Mumbai from a debt-ridden company. This resolution has been widely reported to be one of the largest real estate resolutions in Mumbai.
  • Advised Brookfield Asset Management in undertaking an extensive restructuring exercise of several commercial / hospitality assets owned by its investee companies in India.
  • Advised Sunteck Realty Limited in respect of setting up of a joint platform with International Finance Corporation for developing affordable housing projects within the Mumbai Metropolitan Region.
  • Advised SPREF II Pte. Ltd., a joint venture between Allianz Group and Shapoorji Pallonji Group in selling 100% of the equity shareholding and other securities of a company owning an IT-ITES SEZ in Hyderabad in favour of an entity jointly held by GIC, Singapore and the Xander Group Inc.

Recent Awards and Recognition

  • Saloni has been recognized as a Leading Individual – Real Estate and Construction for the last two years by Legal 500 Asia Pacific.
  • She has also been ranked by Chambers Asia-Pacific 2022, 2023 and 2024; by Asian Legal Business as ALB Rising Star 2022 and ALB India Top Female Lawyers, 2022 and recognized as a “Star Woman Lawyer of the Year – 2024”
  • “40 under 40 Rising Star 2020” by Legal Era (India’s leading magazine on business and legal world).