CASE STUDY - AMAZON (NCR-NHS) FULFILLMENT CENTRE
SITE - Delhi NCR (Amazon - DEL 5)
0.65 Million Sq Ft (including 50% mezzanine)
- Identify suitable Land for the development
- Onboard Investor for Land Investment and Development
- Conversion of the land for Warehouse Use
- Seeking all approvals (Building plan, Fire, Forest, Environmental etc)
- Deliver the project from start to finish in 12 months as per Amazon specs
- Get post construction approvals
- Handover and Commence Operations
Pragati Value Add
- Completed the Land acquisition in 2 months
- Identified Investor and onboarded for purchase and development of the Project
- Got the Change of Land use in 45 days
- Got all approvals with-in 70 days (NHAI, Forest, Building Plan, Environmental, Fire Scheme, CTE etc)
- Constructed the park in 8 months time
CASE STUDY - JV INVESTMENT PRAGATI-MORGAN STANLEY
SITE - Delhi NCR (Pragati One -NH-8 Khijuri)
0.75 Million Sq Ft (including 10% mezzanine)
- Investment Partner wanted to Invest in approx. 30-40 acres in NCR
- Wanted end to end solution
- Finding a tenant to lease before Investment Partner could invest
- Land acquisition and all compliances
- Construction and leasing end to end
Pragati Value Add
- Identified a 30 acre park where a long lease could be taken
- Convinced sellers for converting the land before investment
- Completed the conversion with-in 45 days and Land acquisition with-in 75 days.
- Positioned Walmart as an anchor while conversion
- Got all approvals with-in 70 days (NHAI, Forest, Building Plan, Environmental,Fire Scheme, CTE etc)
- Constructed - 7 months time for Phase 1 approx. 4 lac sq.ft also got the balance buildings leasedwhile constructing Phase 1.
- Leased the balance while construction of Phase 1 to Industrial FMCD player.
- Completed all the phases and handed over the entire park with-in 15 months time.