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Savills India project management consultant for ESR’s Industrial & Logistics Park, Chennai

May 24, 2022: International property consultant Savills India has won the project management mandate for ESR to manage the development of ESR’s industrial and logistics park in Chennai.

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This industrial and logistics park is located in Oragadam’s industrial belt and houses over 22 Fortune 500 companies. Spanning 80 acres of land, ESR Oragadam has a development potential of 1.7 million sq. ft., Savills will manage phase 2 of this project, a total area of 8.53 lakh sq. ft. designed for Grade A built-to-suit and plug and play facilities. 

Sumit Rakshit, Managing Director, Project Management Services, Savills India said, “We are honoured to be chosen as the partner for managing the project for ESR Oragadam Industrial and Logistics Park. We look forward to contributing with our in-depth market intelligence in the industrial and logistics sector and our commitment to going the extra mile to support ESR’s global development standards.”

Abhijit Malkani, CEO, ESR India stated, “Boosted by the creation of various manufacturing corridors with conducive ecosystems across micro-markets, India has become one of the most sought-after destinations for international companies who seek to accelerate their efforts in manufacturing, R&D and more. The unparalleled infrastructure of Oragadam coupled with Savills India’s expertise in project management will, beyond a doubt, result in one of the most highly regarded developments in the industrial and logistics space.”