Veena Krishnan comes with over 20 years of experience and an excellent reputation in the Real Estate sector in India. She has previously worked with AZB & Partners and Poovayya & Co. in Bangalore.
She has advised IT Companies, manufacturing units, FMCG companies, hotel chains, factories, and subsidiaries of foreign companies on various aspects of lease and purchase of office spaces, stand-alone buildings, IT complexes, land and properties conveyed by government entities such as the KIADB. She has also advised entities on the lease and purchase of greenfield properties for development.
The scope of her work includes title diligence, certification of statutory approvals, drafting, negotiation and finalisation of documentation including Letters of Intent, Agreements to Lease/Sale, Lease/Sale Deeds, Indemnities, Guarantees, (bank guarantees and corporate guarantees), developer agreements, joint development agreements, construction and interior agreements etc. She also advises funds and investors who seek to invest in real estate and infrastructure entities, entities seeking to purchase lands for residential, commercial and industrial project and clients who seek to acquire the business undertaking of third-party entities/companies.
Veena is also on the statutory Prevention of Sexual Harassment committees of a number of her clients and has developed niche expertise in this area. She has handled cases filed by women employees of such companies under the provisions of the Sexual Harassment (Prevention, Prohibition and Redressal) Act, 2013 (POSH Act).
Veena read law in the National Law School of India University, Bangalore and graduated in 1999.
Assisted an American Investment management company in their investment transaction in a warehousing entity. The scope of work involved conducting a title due diligence of multiple warehousing spaces owned/leased by warehousing entity in Karnataka and Tamil Nadu, identifying the title issues and reviewing and modifying the Investment Documentation to be executed between the investor and target companies in order to ensure minimal impact to the investor on account of the title issues.
Assisted a data management company in acquiring land for its office campus in Bengaluru, India. The scope of work involved drafting the tender documents to be circulated amongst various developers/bidders, reviewing the responses from the bidders, conducting a title due diligence of various land parcels identified by the bidders, conducting a detailed audit and diligence of the permitted land use, topography and other physical details of the land parcels in coordination with a surveyor. The scope of work also included drafting the Letter of Intent, Agreement of Sale, Escrow Agreement and Sale Deed with the selected bidder, issuance of a public notice and opining on the validity of various objections received to the said public notice.
Assisted an American Investment management company in their investment transaction in one of the largest real estate companies in India. The scope of work work involved conducting a title due diligence of the properties owned by the real estate company in the states of Karnataka Tamil Nadu, Kerala and Andhra Pradesh. This transaction also involved identification of the title issues and reviewing and modifying the Investment Documentation to be executed between the investor and target companies in order to ensure minimal impact to the investor on account of the title issues.
Assisted a leading German Sports Manufacturer in respect of lease of various spaces to set up their outlets all over India. The scope of work involved conducting a title due diligence of the space intended to be leased, opining on the legally permitted usage of the premises and drafting and finalising the lease documentation.
Assisted an Indian investment management company in setting up its office campus at a Special Economic Zone. The scope of work involved conducting a detailed title due diligence, review of the statutory approvals and reviewing, opining and finalising a legal structure to ensure that the premises sought to be used and occupied by the company.
Assisted the wholly-owned subsidiary of a US-based hardware company in the acquisition of about 15 acres of land for setting up its office/assembly campus. The work involved conducting a detailed title due diligence, overseeing the survey process for the land, verifying the permitted usage of the land, issuing a public notice, assisting in handling and resolving the objections to the public notice, drafting and finalising the letter of intent, agreement of sale and sale deed and assistance with the registration of the absolute sale deed obtaining required licensing/permitting, drafting and negotiating construction agreements with the contractor and supervision (contract management) until handover.