Project Transfer
Distressed Tower Handed Over to New Sponsor — 220 Allottees Protected
An incoming sponsor needed to take over a stalled tower with 220 existing allottees, disputed contractor claims on record and six lapsed building approvals — all within a committed 16-week window.
Challenge
Challenge
Disputed contractor claims, lapsed building approvals, 220 buyer commitments to honour, and a hard deadline for site reopening.
Solution
Solution
Settlement framework for contractor claims tied to transfer close, renewal filings completed before transfer date, and a joint buyer assurance pack issued with the new sponsor.
Result
Result
Site reopened on the committed handover date with zero buyer drop-offs; incoming sponsor took possession of a fully papered file.
Services Used
MMRCA Company
From tax planning to land acquisition, transaction advisory to litigation — a single, senior team walking with you from first call to final handover.
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