This ia a rare oportunity to purchase a new Grade A+ logistics park leased to Flipkart, India’s Largest e-commerce player for 9 years (4.3-year lock-in). at a purchase price of ₹3,214 per sf implying a 9.1% yield and a 16.1% IRR.

The asset is 100% leased to Flipkart (subsidiary of Walmart) and spans across 3 boxes, totalling 528,631 sf over a large site area of 20.18 acres. The park is Flipkart’s largest distribution-cum-fulfilment center in the West with Flipakrt having spent extensively on the fit-outs including racking systems, turnstiles, office, cafeteria, CCTV systems, etc.