May 5, 2024 5:35 am
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Investor: Far West Valley purchase has brought a big payoff

Photo courtesy of Kuldip Verma

(Disclosure: Rose Law Group represents Anita Verma-Lallian.)

By Corina Vanek | Phoenix Business Journal

When Kuldip Verma made his first investments in land, a 320-acre site at the base of the White Tank Mountains in 1995, there was nothing built in the far West Valley and none of his friends in the business wanted to partner with him.

Now, Verma’s company, Vermaland, is one of the largest private landowners in the state, and that first initial land investment has returned $20 million in profit, and much of it has been developed into a luxury custom home community.

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.