PRESS RELEASE
9 April 2026

JSA Advises Sapthrishi Buildcon On Its Acquisition Of Prime Property AVM Studios In Chennai

J
JSA

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JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
JSA Advocates & Solicitors (JSA) represented Sapthrishi Buildcon (part of the VVA Hotels group) in relation to its acquisition of the iconic AVM Studios property...
India

JSA Advocates & Solicitors (JSA) represented Sapthrishi Buildcon (part of the VVA Hotels group) in relation to its acquisition of the iconic AVM Studios property, a landmark 2.15-acre parcel located in the prime Saligramam locality of Chennai. The property was acquired from the family members of legendary film producer A.V. Meiyyapan. The total deal value is estimated at approximately ₹198 crores.

JSA conducted an extensive title due diligence exercise, including comprehensive litigation searches across relevant courts and registries. The Firm provided end-to-end support on the transaction, including structuring advice, drafting and negotiating transaction documentation, and seamless coordination through to successful closing.

This transaction further strengthens JSA's market-leading real estate practice in South India and underscores its capability in handling high-value, complex acquisitions involving heritage properties in prime Chennai micro-markets.

The JSA team was led by Aravind Raj, Partner with support from Priyanka Ponna, Senior Associate andShreya Subramanian, Associate.

Contributor

JSA Advocates and Solicitors is a top-tier, full-service Indian law firm. Established in 1991, at the start of India’s economic liberalisation, the firm has built a strong reputation for handling complex and high-stakes legal and commercial matters. The firm is organised around specialist practice areas and industry sectors. It works closely with leading Indian corporates, Fortune 500 companies, global financial institutions, and government and statutory bodies on important corporate, financing, and disputes mandates. JSA has a team of over 700 legal professionals, including 180+ partners, and operates from 10 offices across seven cities in India: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai, and New Delhi. The firm is consistently recognised as a top-tier practice by leading international legal directories, including Chambers & Partners (Asia-Pacific and Global), Legal 500, and AsiaLaw.
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