Female-led investment group makes another West Valley land purchase

Eileen Jain Sahai, Anita Verma-Lallian and Smita Patil Mehta started SLM Land Holdings. / Phoenix Business Journal

Disclosure: Rose Law Group represents SLM Land Holdings

Firm is buying up land with long-term development potential

By Corina Vanek | Phoenix Business Journal

SLM Land Holdings — a real estate investment firm led by Anita Verma-LallianEileen Jain Sahai and Smita Patil Mehta — has bought its second land parcel in the West Valley.

LallianEileen Jain Sahai and Smita Patil Mehta — has bought its second land parcel in the West Valley.

The group bought 121 acres near downtown Tonopah, south of Interstate 10, and have 12 investors included on the purchase, Verma-Lallian said. The purchase price was about $8,700 per acre for the parcel, which is near Interstate 10 and 411th Avenue. The group bought its first parcel, 120 acres near 339th Avenue and Interstate 10, in May.

Verma-Lallian has extensive experience in land investment through her family’s company, Vermaland, but the new venture is not affiliated with Vermaland. Sahai is an attorney, and Mehta is a physician.

READ ON:

(Subscriber Content)

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.