PEOPLE

Prashantha Kumar

Prashantha Kumar 

Senior 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.

Prashantha is a regular speaker at industry events and frequently shares his insights in the form of blogs, articles, debate participation with leading publications.

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

RECOGNITION

  • Outstanding Lawyers to Watch 2023, Insights Success Magazine.
  • Recognized as ‘Notable Practitioner’ by Chambers and Partners for Real Estate Practice in 2023 and 2021.
  • Recognized as ‘Notable Practitioner’ by Asialaw for Real Estate Practice in 2023, 2020.
  • Recognised as one of the ‘Recommended Counsels’ for Real Estate Practice by Legal 500- 2023, 2022, 2021 and 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