PEOPLE

S T Prashantha Kumar 

Partner
Bengaluru

M:+91 98801 62142
E: prashantha.kumar@foxmandal.in

With over 18 years of legal expertise, Prashantha has steered the firm’s Real Estate & Infrastructure practice in Bengaluru, Mumbai & Pune to new heights. His result-oriented approach and pragmatic solutions have struck a chord with every client. His client relations and overall recognition in the field has made him a valuable asset for the firm. Prashantha has been recognized as a ‘Notable Practitioner’ by ‘Asialaw’ in 2020.

EXPERTISE

He comes with a rich experience of litigation especially relating to real estate, and the same has given him an upper hand in understanding both the constructive and litigation side of the transactions. He has been gifted with a fine blend of drafting skills, wherein one can expect holistic, pragmatic and comprehensive legal and transaction documents.

His contribution to the evolutionary practice of real estate is commendable. He does deep research on new models of acquisition, occupation and enjoyment of real estate and has contributed a lot in developing these acquisition models. He is also known for providing a tax and stamp duty efficient model for the acquisition of real estate.

He has been working with a plethora of top developers in the country as well as eminent global real estate players. His list of clients includes TATA Realty, Godrej Properties, House of Hiranandani, Birla Estates, Maple Tree, ICICI Bank, Kotak Realty Fund, Axis Finance Limited and so on.

His contribution to the evolving acquisition/investment/real estate development models such as hybrid joint development, joint ventures, development management, Build-Rent-Maintain and Transfer, investment special purpose vehicles are noticeable and are highly pragmatic in nature.

He has been working with various welfare associations, pressure groups and government departments, including RERA and, has rendered pro-bono advice on rationalization of some obsolete laws and procedures and indulged in evolving models for ease of doing business.

EDUCATION

  • BAL
  • LLB

ADMISSION

  • Bar Council of Karnataka

AFFILIATION

  • Confederation of Real Estate Developers’ Association of India (CREDAI)
  • Bengaluru Chambers of commerce and industries (BCIC)
  • International Bar Association (IBA)
  • City Civil Court Advocates Associations
  • National Real Estate Developmental Council (NAREDCO)
  • Confederation of Indian Industry (CII)

PUBLICATIONS/WEBINARS

(INTERNAL)

  • FAQ’s on Karnataka Land Reforms (Amendment) Ordinance, 2020, July 2020.
  • Karnataka Land Reforms (Amendment) Act, 2020 to Promote Industrial Development?, May 2020.
  • Concept Note on Force Majeure Event in light of the COVID -19 Pandemic, May 2020.
  • COVID 19 Legal FAQ Series: Force Majeure & Impact on Real Estate Leases, April 2020.
  • Webinar on: Navigating Legal Challenges in Infrastructure Sector in the Wake of COVID – 19, April 2020.
  • Webinar on: Implications of Force Majeure on Commercial Leases in the wake of Covid-19, April 2020

(QUOTE)

  • Shared expertise on the Changes Of Karnataka Land Reforms Act with TV9 cannel.

RECOGNITION

  • Recognized as ‘Notable Practioner’ by Asialaw for Real Estate Practice in 2020.
  • Recognised as one of the ‘Recommended Counsels’ for Bengaluru Real Estate Practice by Legal 500- 2018 Edition.
  • Felicitated by NAREDCO in the year 2018 for having delivered a lecture on Real Estate Development in the era of RERA.
  • Felicitated by CREDAI (Karnataka chapter) 2018 for having delivered a lecture on Stressed Assets.
  • Invited for numerous media discussions (specifically on TV shows) on real estate related laws/enactments/rules.
  • Actively involved with departments like KIADB and Department of Housing and Urban Development with respect to Real Estate Development/Industrial Development in the state of Karnataka.
  • Chaired as a jury in various Karnataka State Run investment programs including Karnataka Start Up Councils.

PRACTICE AREAS

Real Estate
Litigation & Alternate Dispute Resolution

SECTORS

Banking, Financial Services & Insurance
Energy
Infrastructure & transportation
Manufacturing
Services
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