Managing Principal Madhur Malhotra, SIOR, MRICS brings 20 years of experience to Cresa’s India office. Based in Delhi, his specialties include contract negotiations and lease structuring, built-to-suit transactions, development and investment joint ventures and relocation and portfolio consolidations.
Madhur previously led the Sales and Marketing practices for real estate developers Shapoorji Pallonji and Ansal API.
C- 88, Sector-2
Noida - 201301
Delhi NCR, India
We worked with Cresa’s India team on a project to consolidate our operations to a larger, company-owned facility in Bangalore, India. The project was challenging; its details included a lease vs. buy study and researching and shortlisting micro-markets that could support our long-term goals. The team understood our requirements perfectly. They worked with the IMS team, acting as our representation during negotiations, and achieved all objectives spelled out of the transaction and worked post-completion to ensure that the landlord met his obligations on a timely basis. As a result, we felt that we received a first-class service from Cresa’s India team. Our employees are happy in this new, bigger and smarter office and productivity is on the rise! I would not hesitate to recommend this team at any time; they were quite superb!Jeff Johnson | Director, Global Real Estate Services
Honours in Bachelor of Commerce, Delhi University, New Delhi
Member, Royal Institute of Chartered Surveyors (MRICS, UK)
Client: IMS Health
Location: Bangalore, India
Size: 4,000,000 square feet
Nature of Assignment: IMS Health sought to consolidate its facilities in Bangalore. The project called for a state-of-the-art facility that met international standards and was in close proximity to their existing facility.
Value Add: We used database to identify facilities across the Bangalore South micromarket best suited for IMS’s needs. Our market survey presented the best of Grade A facilities and included each property’s benefits and disadvantages. IMS was able to make an informed decision based on the immediate occupancy, economics viability, location and infrastructure. The acquisition was completed in a record four-month period.
Status: IMS is enoying their new facility.
- IMS Health
- Johnson Controls
- Tavant Technologies
- Chemtura Chemicals
- Guardian Life