
Sushant Shetty
PARTNER
Mumbai
M: +91 98201 12748
E: sushant.shetty@foxmandal.in
Sushant Shetty is a Partner in the Mumbai office of Fox Mandal and heads the Real Estate & Infrastructure Practice of the firm for the Western India region. Sushant regularly advises domestic and foreign clients on the due diligence, investment, and acquisitions in real property, with a particularly strong focus on commercial leases, manufacturing facilities, warehousing, renewable energy projects and data centre advisory. His clients include global fund houses, multinational corporations, property developers, property owners, local and international investors, statutory boards, banks and financial institutions.
EXPERTISE
Sushant practices primarily in the area of real estate and construction law including transactions pertaining to acquisition, disposition, leasing, and financing of residential, commercial, and mixed-use properties. He is familiar with all stages of the real estate development process including construction agreements, loan documents, and performing real estate due diligence. He is experienced in landlord-tenant as well as society matters. He also advises on the procedural aspects of stamp duty and registration of real estate documentation.
Sushant also handles general corporate matters dealing with capital structure, conventional financing, contracts, and entity formation including simple and complex structures involving joint ventures, corporations, partnerships, and trusts.
He also advises on setting up of data centers particularly with respect to planning, financing, due diligence, zoning, construction, leasing, colocation, operations and service level agreements. He further lends his expertise on issues pertaining to the Real Estate (Regulation and Development) Act, 2016, appearing for disputes before the Authority under the Act as well drafting of the Model Form Agreement for sale of units by promoters to allottee/s.
EDUCATION
- BLS/ LLB, Government Law College, 2009
ADMISSION
- Bar Council of Maharashtra & Goa
AFFILIATION
- Officer, International Bar Association Real Estate Law Section (Co-Chair of the Commercial Real Estate Subcommittee).
- Member, Confederation of Indian Industry (CII) State Panel and Taskforce on Manufacturing 4.0.
- Member, Power & Infrastructure Committee of the Bombay Chamber of Commerce and Industry.
RECOGNITION
- Featured as one of India’s Future Legal Leaders 2024 by India Business Law Journal
- Recognised as a ‘Next Generation Partner’ in the years 2022, 2023, 2024 and 2025 by Asia Pacific Legal500.
- Featured by Asian Legal Business as one of ALB India’s Rising Stars of 2022.
- Awarded the International Bar Association (IBA) Scholarship, 2012 for research paper titled ‘Structuring Real Deals: Aiming for “True Value” in Real Estate Transactions’
SPEAKING Engagements
International:
- Speaker at the International Bar Association (‘IBA’) Annual Conferences at the sessions on ‘Data Centers: The Good, the Bad, and the Ugly’ at Toronto (November 2025), on ‘Exploring Land Title Systems Across the Globe’ at Paris (October 2023) and ‘Saving the ‘Seoul’ of the city – the rebirth of downtown’ at Seoul (September 2019).
- Speaker at the Annual IBA Real Estate Investments Conferences at the sessions on ‘Bricks, mortar and sustainability: the clean energy shift’ at London, (June, 2025), ‘Is the Data Centre Market a new investment trend?’ at Lisbon (April, 2024) and on ‘Global Trends of Industrial Real Estate Assets’ at Santiago (April, 2023).
- Speaker at the IBA’s webinars on the topics ‘Setting up data centres and logistics projects: a real estate and regulatory view’ (April, 2022) and ‘Force majeure and real estate contracts – a comparative jurisdiction analysis of Covid-19’ (May, 2020).
Domestic:
- Moderated sessions on ‘The Rise of Green Buildings: Decarbonizing Real Estate for a Sustainable Tomorrow’ at the 6th edition of ET Now Best Realty Brands Summit, 2025 and on ‘CRE 2.0 – Navigating the Transformative Journey of Indian Commercial Real Estate’ and ‘In Conversation: Cultural and Recreational Integration: Beyond the Office in Corporate Real Estate’ at the ET Edge Commercial Real Estate Transformation Summit, 2025.
- Co-moderated at session on ‘Logistics & Warehousing Leasing Challenges’ at India GRI 2023.
- Speaker at session on ‘New Funding Avenues: Construction & Land Finance’ at the 14th Realty+ Conclave & Excellence Awards 2023, Pune.
- Speaker at session on ‘Investigation Challenges: The More Things Change the More they Stay the Same’ at Global Legal ConfEx, 2022.
- Speaker at session on ‘Setting up manufacturing units by Japanese corporations’ at Konnichiwa Pune, 2022 organised by Indo-Japan Business Council.
- Corporate: Presented an online knowledge session to L&T Realty team on ‘Real Estate Due Diligence – Practice & Procedure’ and (co-presented) to the Flipkart team on ‘Real Estate Legal Aspects of Warehouse Acquisition in Karnataka, Maharashtra & West Bengal’.
PUBLICATIONS
- ‘Draft data centre policy of India 2020: an overview’ (August 2021) and ‘Doctrine of suspension of rent on the basis of a force majeure event: the Delhi High Court view’ (October 2020) – IBA’s Real Estate Section Newsletter.
- ‘Coasting Along The Waters Of Fate: An Analysis Of The Supreme Court View’ – (November 2019) and ‘Lacunae in SEBI’s proposed REIT regulation in India’ – (January 2015) – IBA’s Asia Pacific Regional Forum Newsletter.
- Published article titled ‘KIIFB ‘accountable’ to CAG?: A legal viewpoint’ in The Times of India on November 19, 2020.
- On the advisory board of Elevator World (India edition), the premier journal for the international building transportation industry and regularly published legal articles of interest including ‘E(law)vating Your Thoughts’ – August, 2020 edition.
- ‘Lacunae in SEBI’s proposed REIT regulation in India’ – January, 2015 – IBA’s Asia Pacific Regional Forum Newsletter
- ‘Coasting Along The Waters Of Fate: An Analysis Of The Supreme Court View’ – November 2019 – IBA’s Asia Pacific Regional Forum Newsletter
- ‘E(law)vating Your Thoughts’ – August, 2020 – Elevator World (India edition), the premier journal for the international building transportation industry
- ‘Careers in Law’ detailing a career in law – the courses, institutions, co-curricular activities, and actual practice in the Education Reckoner – 2017.
- Regular columnist for legal advice with respect to property and co-operative society laws in leading erstwhile daily newspaper DNA and publishing articles of interest.
PRACTICE AREAS
- Real Estate & Conveyancing
- Construction laws
- Corporate Commercial Laws
SECTORS
Data Center and IT/ ITeS
Industrial Unit, Park and SEZ
Warehousing & Logistics
Manufacturing
Renewable Energy
Residential, Commercial & Township Development
Life Sciences