GHAL all set to build a ₹550 cr logistics park in Hyderabad

Newsroom24x7 Network

New Delhi: Link Legal have successfully represented GMR Hyderabad Aerotropolis Limited (“GHAL”), in setting up a 30:70 joint venture company in India, GMR Logistics Park Private Limited (“JV Company”) with ESR Hyderabad 1 Pte. Limited, a Singapore based entity (“ESR”).

ESR, a Warburg Pincus-backed logistics developer, is engaged in the business of promoting, developing, operating and managing warehouses and industrial and logistics parks to cater to requirements of its clients.

GHAL and ESR set up the JV Company to jointly develop, construct and operate a 66-acre flagship airport centric integrated logistics and industrial park at Hyderabad airport city providing state-of-the-art facilities for warehousing, distribution centers and non-polluting industrial such as light assembly. The said project has a capital outlay of INR 550 crore. This joint venture will set new standards for the warehousing and industrial real estate sector and would also benefit the burgeoning cargo industry in the region.

Link Legal team comprising of Yosham Vardhan, Associate Partner, Ankit Agarwal, Senior Associate and Neil  Lopez, Associate assisted and advised GHAL in drafting, negotiations and finalization of the joint venture agreement, other ancillary agreements and closing of the transaction. Ravi Varma, Partner, Link Legal advised on the real estate aspects of the transaction.

Tributes to a brave and dedicated Police Officer

Ram Krishna Chaturvedi

VPS Chouhan

Oh God! What’s happening? one after the other! Today again got the sad and heartbreaking news when someone called from Noida in the morning and told me that retired Deputy Superintendent of Police VPS Chauhan has died of liver disease at Delhi’s Sir Gangaram Hospital! He was unwell for last few days. I got a call from Chouhan about 15 days ago. He was in the hospital and had been advised to gor for liver transplant. Preparations for surgery were going on. His daughter was to be the donor. I myself was bed-ridden struggling with illness for almost a fortnight. Jokingly I had told him, it seems that our planets are the same, you are lying there and I in Lucknow. One never knew this was the last time we were talking.

Chouhan was a brave police officer and was awarded the Gallantry Medal. He successfully completed his tenure in important districts like Meerut, Ghaziabad, Saharanpur, and Noida in western UP and had played a key role in “real encounters” with dreaded criminals like Ashok Tyagi, and Sriprakash Shukla. As he was not keeping well, he had got himself transferred to PAC Ghaziabad from Etah district on health grounds and after retiring from there, he was living at Rajnagar, Gaziabad. Chauhan’s health had been constantly fluctuating. He was shattered and broken after the death of his young son in an accident a few years ago. He was able to come out of this depression due to the support he got from his courageous, smart and efficient wife and a loving daughter, but could not be completely normal again.
Chauhan’s relations with me were more like a family than just a police officer and a subordinate. My elder brother late Shri BK Chaturvedi, Meerut SP City, had given him training during the period 1983-87. Chauhan considered himself as his true disciple. He called him Bhai Sahab and respected him like a Guru.

When I came to Noida, after combating terrorism in Terai and Eastern Uttar Pradesh in 1992-93, Chauhan who was then the station in-charge of Sector twenty. He helped me in understanding the nitty-gritty of metropolitan policing. He was always there to coordinate efforts when it came to planning operations and managing crime. Our relationship remained constant since then and we were in regular touch. Our last interaction was 15 days ago. May God give strength to his wife Bharti and daughter to endure this trauma and peace to the departed soul. All you need is the “last Jai Hind” from the depths of my heart!

Ram Krishna Chaturvedi, Member UP Police Recruitment & Promotion Board and former Inspector General of Police, Uttar Pradesh, is a highly decorated police officer. He resides in Lucknow