Vertical 02 · Retail & Space Solutions
Brand. Space. Alignment that survives the lease term.
We work on the structural questions that define real-estate outcomes, connecting brands with the right spaces, evaluating assets through their RERA filings rather than their brochures, and designing operator relationships with covenants that hold. The premium on a space is either defensible or it is marketing. We spend our time on the first category.
Brand & Space Alignment
Pairing brands with spaces that match their commercial thesis and visual register, not just their footprint. Alignment is tested against footfall quality, adjacency, and the long-horizon identity of the location.
RERA-Informed Evaluation
Title and encumbrance review under Section 4(2)(l) of RERA. Approvals and commencement certificate verification. Carpet-area pricing compared against micromarket comparables. Project-account utilisation reviewed through quarterly progress filings.
Operator Relationship Design
Operator tier and covenant depth evaluated against the Section 11(4)(b) disclosure pack. Initial term, renewal mechanics, fee structures, step-in rights, and rental-pool provisions reviewed as commercial terms, not brochure language.
Branded Residence Evaluation
A four-layer framework (Land, Project, Operator, Exit) applied before any commitment. The unbranded residual value test established so that the premium-above-residual is defensible and not purely a primary-market construct.
Retail & Hospitality Positioning
Visual merchandising and retail-experience design aligned with commercial intent. Space positioned to perform within its intended environment, with on-ground execution that holds the brand and the commercial thesis in the same frame.
NRI Acquisition & FEMA Compliance
NRI acquisition structured through NRE/NRO channels per FEMA (Acquisition and Transfer of Immovable Property in India) Regulations, 2018. Repatriation mechanics under Schedule III and TDS obligations factored at structuring, not execution.
How We Work
Five-stage discipline. Every engagement.
- 01IdentifyBrief validated against the reality of the micromarket, not the brochure. Opportunity sized against the actual buyer or tenant pool, not the projected one.
- 02EvaluateRERA filing, encumbrance certificate, operator agreement, and comparable resale data reviewed in sequence. Disclosure gaps treated as material.
- 03StructureCommercial terms negotiated with clarity on obligations and remedies. Covenant depth written into the agreement, not deferred to goodwill.
- 04ExecuteTransaction sequenced against title clearance, approval status, and payment-schedule protection. RERA-account funds release tracked.
- 05OptimisePost-possession review of operator covenants, common-area standards, and resale comparables. Exit readiness maintained across holding period.
Featured Perspective · The Spaces Column
Branded residences in India — valuation, not marketing
The premium on a branded residence is real in some cases and imagined in others. Knowing the difference requires looking past the launch brochure entirely, through the RERA filing, the operator agreement, and an honest assessment of the exit market.
Read the PerspectiveA valuation conversation.
If a space, a branded residence, or a retail alignment is on your table and the decision would benefit from structural evaluation rather than a brochure walkthrough, we can begin there.
Advisory Capabilities