Case Studies

CASE STUDY - AMAZON (NCR-NHS) FULFILLMENT CENTRE

SITE - Delhi NCR (Amazon - DEL 5)

Total Area

21 Acres

Built Up:

0.65 Million Sq Ft (including 50% mezzanine)

Pragati Engagement

  • 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)

Total Area

30 Acres

Built Up:

0.75 Million Sq Ft (including 10% mezzanine)

Pragati Engagement

  • 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.