Project Type: Commercial Leasing
Property Type: Land Parcel
Area: 35000 Sq.Ft.
Location: Sushant Golf City, Ansal API, Lucknow
Challenges:
Tenant Requirements
- Uninterrupted land parcel for custom-built sports infrastructure
- Long-term lease commitment (minimum 6 years)
- Location within a large land parcel for open-format development
The Situation
- The owner intended to lease the land in its existing condition, without making any additional investment.
- The owner preferred to lease the entire 4.5 lakh sq.ft. land parcel to a single tenant.
Our Strategy & Intervention
- Introduced and positioned the city’s first organized cricket-entertainment concept
- Established tenant credibility through detailed business profiling
- Convinced the owner to carve out and lease 35,000 sq.ft from the larger land parcel
- Structured and negotiated a mutually beneficial long-term lease framework
- Strategically guided the tenant toward a leasing model over acquisition