Cyril Amarchand Mangaldas advises Max Estates on its acquisition of 100 per cent stake for INR 306 crores in Accord Hotels

Cyril Amarchand Mangaldas advised and assisted Max Estates Limited (Max Estates) on its 100 per cent acquisition of Accord Hotels and Resorts Private Limited (Accord Hotels) which owns the land admeasuring 10 acres (approximately 40468.36 sq. meters) situated at Sector 128, Noida (Land) by way of share purchase. Max Estates is the real estate development arm of the Max Group and Accord Hotels holds title to the prominently located land and this transaction marks the entry of Max Estates in the residential sector.